Transaction banking is a strategic business and a valuable source of deposits and fee-based revenue for almost all banks. Yet, transactions are becoming faster and easier to conduct, and more commoditized. To achieve distinction, banks should look to increase operational efficiency by boosting automation, digitalization and straight-through processing while meeting financial institution and corporate customers’ growing demands for greater transparency, lower costs and more convenience. Banks can take advantage of refreshed strategies and digital technologies to get it done—differentiating their transaction banking services for renewed growth.
We can help banks maintain their transaction banking as a driver of growth and profitability. Our view from all sides of the transaction banking table—corporate treasurers and financial operations, and the banks that serve them—provides a unique perspective for extracting differentiating value.
