The future of cash management: An APAC perspective
Corporate cash management services in Asia Pacific are at varying stages of maturity in different countries. But these gaps are narrowing, as banks serving corporates and SMEs apply technology and FinTech collaboration to align their cash management offerings ever more closely with customers’ evolving needs.
For corporate banks across APAC – and their customers in the region and worldwide – digitalization and new technologies are offering the potential for efficiencies, better services and higher value across cash management and payments. These forces are combining with advances like the accelerating roll-out of real-time payments schemes, the rise of open banking, the emergence of a vibrant community of innovative FinTechs, and increasing adoption of ISO20022 to drive rapid progress in corporate cash management services across the region.
