Digital Transformation in Treasury
Transitions in the global payments market
The world often appears large and disconnected, with differences of religion, culture, language and currency that reinforce our independence. Despite these perceived differences, we are, in reality, linked closely together. Our points of connectivity expand with each technological advancement –write Justin DiCioccio, Redbridge Senior Analyst, and Constance Veron, Redbridge Associate Director.
“Switching banks was the right decision”, Olivier Bouillaud – Albéa
Packaging specialist Albéa has completely redesigned the local organization of its financing and treasury operations in the United States. This interview with the Group’s finance and treasury director, Olivier Bouillaud, provides insights on switching banks.
“Large card networks remain essential elements of the pipeline, but they have not moved much as yet.” Charles Lutran – Critéo
Interview with Charles Lutran, Group Treasurer at Criteo
For vendors, the implementation of SCT Inst is not so simple
Redbridge interviewed seven treasury software vendors on how their payment systems need to evolve in order to integrate instant transfers. Solenn Le Lay, Director at Redbridge, focuses on the challenges of providing this new payment method for businesses.
SCT Inst: payment service providers dependent on banking institution account holders
There are still obstacles to instant transfer payment, including a lack of harmonization and standardization at the European level regarding banking APIs (application programming interfaces). Nevertheless, payment service providers (PSPs) wish to innovate and develop a wide range of solutions to meet the needs of their customers, says Manon Balette-pape, Director at Redbridge.
Phygital payment – “Cash is e-king!”
In Europe, several companies are developing a strategy to integrate cash as a payment method for online transactions. A review of these solutions by Gabriel Lucas, Associate Director at Redbridge.
Factoring: a market driven by deconsolidation / “true sales” transactions of trade receivables
Biggest companies using deconsolidation transactions under established and recurring factoring programs or end-of-year or half-year “spot” transactions earn an average of at least 0.3x leverage, according to our experts Hugo Thomas and Olivier Talvard.
More mobile, more digital: an outline of the future of payments
The pandemic has demonstrated the value of mobile payment solutions in helping mitigate the risk of virus transmission at points of sale. For Mélina Le Sauze, Director at Redbridge, the challenge for every retailer is no longer whether or not to accept mobile payment solutions, but to determine without delay which ones are best suited to their business and the needs of their customers.
“We are ready to implement the 3DS V2 standard in early 2021,” Olivier Brou – SMCP
At the end of 2015, the SMCP group – Sandro, Maje, Claudie Pierlot and De Fursac – decided to migrate its e-commerce platforms to a full-service PSP solution. Olivier Brou, SMCP’s Global Head of Treasury Financing and Digital Payments, outlines the foundations of the group’s unified digital payment strategy and the challenges it’s likely to face in the future.
[ Podcast ] Treasury Management – Is it all about cutting costs?
ACT Annual Conference 2020 – Watch our corporate case study session on-demand! Facilitator: Dino Nicolaides, Managing Director, Redbridge Debt & Treasury Advisory / Panellists: Sacha Kenny, Group Treasury Director, Smiths Group plc and Hillary Oonge, Group Treasury Manager, M-KOPA Solar
COVID-19 Impact Report | Priority to reinforcing liquidity
Redbridge’s annual study of corporate debt structure reveals that the credit profile of France’s leading listed companies has moved from “A” to “BBB” over the past 18 months. Tensions in negotiations with banks and private bond holders are prompting finance departments to prepare for a more stressful environment.
Artificial Intelligence for Cash Flow Forecasting
Redbridge, the trusted advisor to finance and treasury departments, is working in collaboration with Verteego, an expert in artificial intelligence, to improve large companys’ ability to make forecasts.
“The COVID-19 crisis validated our payment strategy”, Michel Yvon – Decathlon International
Michel Yvon, head of payments at Decathlon International, presents the innovative payment strategy of Europe’s N°1 sports retailer.
“We want to connect the various real-time payment systems around the world”, Isabelle Olivier – SWIFT
For SWIFT’s head of payment initiatives, connecting the various real-time payment systems is a way to achieve greater transparency in cross-border transfers. Interview with Isabelle Olivier.
