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Drive treasury and capitalize on fintech rise

Accenture: Banking

Accenture conducted a survey of over 300 US businesses about their treasury functions, and the findings in our new report, “Unlock the treasury management treasure chest,” will be of particular…. The post Drive treasury and capitalize on fintech rise appeared first on Accenture Banking Blog.

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Digital banking often leads to branch visits, survey says

Bank Innovation

As consumers increasingly expect to complete bank interactions online, a survey commissioned by Lightico indicates that creating end-to-end digital journeys continues to be a struggle for many banks.

Survey 221
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The resilience of small businesses: Insights for lenders

Abrigo

Businesses' working capital cycles are longer. bank survey of 1,000 small businesses found strong optimism about the future among owners. Longer working capital cycles drive line utilization Businesses are holding inventory longer (81 days in 2023 vs. 72 in 2019) and extending receivables (31 to 41 days). A recent U.S.

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Deep Dive: How Businesses Solve Capital Management Conundrums

PYMNTS

Businesses of all sizes struggle with capital management, regardless of whether they employ staff or seek out third parties to handle their cash flows, accounts payable (AP) and accounts receivable (AR) processes and other related tasks. Factors Affecting Working Capital Needs. Automating Capital Management.

Capital 218
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How much is a FinTech CEO worth?

Chris Skinner

However, if you want to get an idea, a new survey from Moorlands Human Capital, an executive recruitment search and consulting company, has a view. Good question, and it all depends on the revenue forecast. That’s because they asked 500 FinTech companies how much they pay the CEO? appeared first on Chris Skinner's blog.

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CECL implementation: Survey shows where peers are as 2023 nears

Abrigo

Financial institutions work to meet Q1 2023 CECL deadline A CECL implementation survey by Abrigo found progress by financial instittuions is mixed ahead of the upcoming deadline. . Takeaway 1 10% of banks and credit unions have completed CECL adoption, according to Abrigo's CECL implementation survey. Progress on CECL.

Survey 195
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Survey: Fintech sector responds to pandemic

Bobsguide

Take the one minute survey here. Between decreasing access to capital, redundancies and internal restructuring, many fintechs are facing fundamental changes to the way they. The coronavirus outbreak and the economic downturn it has spurred leaves many fintech businesses in a state of uncertainty.

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