As part of our brand relaunch, all upcoming content for this blog will be published on the new Deluxe.com. Visit us there for the latest news and insights. The post We’re moving appeared first on Deluxe FS ..read more

Elevating the function of treasury management helps strengthen its contributions As our leadership interviews have shown, treasury management stands at a crossroad. Historically, the department operated as an administrative, customer service and back office function. However, as FIs face greater pressure on fees and deposits, more competition from Fintechs and a need to modernize technology,... The post Three ways for treasury leaders to increase visibility appeared first on Deluxe FS ..read more

Select treasury executives reveal struggles to attract and retain younger workers One of the unexpected outcomes of our recent interviews with treasury management leaders was the unanimous concern (expressed in an unsolicited manner) about staffing. Participants believe attracting, developing and retaining talent will be a significant barrier to treasury management’s future success. In fact, there... The post Are talent woes putting treasury management’s future at risk? appeared first on Deluxe FS ..read more

Even by the rapidly evolving standards of the payments and FinTech industries, 2019 was a busy year. It began with three major mergers in the payment processor/banking services space (Fiserv-First Data, FIS-Worldpay, Global Payments-TSYS), continued with Apple Card’s launch and Libra’s kickoff, and reached an autumn crescendo when Google and Uber announced new products moving... The post Key Trends and Takeaways from the 2019 FinTech Conference Season appeared first on Deluxe FS ..read more

Last year, when rates were rising, Deluxe warned that banks should learn from the 2008 financial crisis that rate cuts are not always predictable, and can be devastating to earnings. And at the beginning of this year, when interest rates were fluctuating unpredictably, Deluxe wrote about structural factors placing pressure on banks’ margins. In both... The post Interest rates and rate floors: survive and thrive in 2020 appeared first on Deluxe FS ..read more

Treasury leaders require more resources to innovate and compete Meeting a treasury customer’s needs is critical to a strong, long-term and profitable relationship. While this concept is not lost on the treasury leaders we interviewed in our recent whitepaper, many face a difficult predicament: How to keep up with the pace of technology and the... The post Treasury’s new full-time job? Keeping pace with tech, customer expectations appeared first on Deluxe FS ..read more

We’re excited to announce the lineup for Deluxe Exchange 2020, happening February 10-13, 2020 in Phoenix, Arizona. DX20’s keynote speakers are true leaders in their fields: They’ve set new records, broken through barriers, and achieved heights once considered out of reach. You won’t want to miss their insightful – and inspiring – keynote addresses. Erik... The post Don’t miss Deluxe Exchange 2020’s Keynote Speakers: Erik Weihenmayer, Michael Phelps and Mindy Kaling appeared first on Deluxe FS ..read more

As anyone in the banking industry knows, fintech (and the businesses that harness technology to provide new options to the market) have been disrupting the landscape for a while now. It’s not a stretch to say that digital banking has transformed the industry, taking traditional, tried-and-true processes and offerings and turning them on their heads.... The post The Role of Technology in the Bank of the Future appeared first on Deluxe FS ..read more

Critical questions treasury leaders need to ask themselves and their teams. With a variety of challenges squeezing profits and increasing competition for commercial customers, financial institutions (FIs) are re-evaluating the role of treasury management. Is it a back-office function primarily in support of commercial (i.e., loan) relationships? Or, is it a self-sustaining sales and service... The post How to size up the value of treasury management appeared first on Deluxe FS ..read more

Why FIs must rethink their treasury function’s potential It’s a dynamic time for financial institutions (FIs). Low rates are jeopardizing fee income. Aggressive competition exists for commercial deposits. Customer experience goals often collide with resource realities. Fintechs are disrupting the status quo of the industry. The pressures for FIs are not new, but they are... The post Service function or sales engine? Solving treasury management’s identity crisis. appeared first on Deluxe FS ..read more