The ongoing global pandemic has exposed glaring inadequacies in the cash management system for banks. Fewer than 14 percent of banks across the world have been found to be able to apply digital technology to manage cash and capital optimally. This was one of the key observations in the recently launched 2021 Cash Management Playbook
The ongoing global pandemic has exposed glaring inadequacies in the cash management system for banks. Fewer than 14 percent of banks across the world have been found to be able to apply digital technology to manage cash and capital optimally. This was one of the key observations in the recently launched 2021 Cash Management Playbook for banks, a PYMNTS report in collaboration with Infosys Finacle, Intel and Red Hat.
Report highlights:
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