October 2008

Cash management: Third-party provision finally takes off

White labelling and third-party provision have been a perennial red herring in cash management but the credit crunch might finally be the spur to them taking off. By depressing bank revenues and consequently putting pressure on technology budgets – often the first thing to be cut in tough times – banks will simply have to operate differently in order to stay in the market.


Cash management poll 2008: ResultsCash management: Cash captains see their ship come inCiti: the $6.5 billion start-upEmerging markets: challenges remainFinancial institutions: uncertainty breeds competitionCrunch time is looming not just because of declining revenues. More important is the relentless technological demands of the industry as a result of new regulations such as know-your-customer, anti-money-laundering, Sepa and the EU’s Payment Service Directive, Basle...


The rest of this article is available to subscribers only

Please Subscribe or take a Free Trial below.
Already a subscriber? Log in here.