Cash management: Third-party provision finally takes off

By:
Laurence Neville
Published on:

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.