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The revised Payment Services Directive (PSD2) is a new European regulation that aims to benefit all end users in the payments space, both consumers and businesses alike. How is it relevant for you?
Expect strategic and operational roles to diverge
In the year ahead, the key developments in strategic cash and treasury management will be influenced by four ongoing global trends: standardization, centralization, virtualization and bank independence. The combination of these trends is likely to lead to dramatic changes by fostering a separation between the operational and strategic functions of treasury departments.
Two sides of the same coin
Cash visibility and working capital management are a priority at a time when credit is no longer readily available – smart choices in both areas are necessary to weather the financial crisis.