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Treasury Services Are Proving to be a Beacon Amid the Dark Economy for Banks
5 Treasury Services That Are Driving Revenue
According to a January poll of 23 treasury professionals representing 22 of the 100 largest North American banks conducted by Boston-based Aite Group, 96 percent of respondents said the treasury business has grown in importance to their institutions. Some of the top products now driving revenues in the space include:
- Electronic payments services (excluding cards)
- Deposit and liquidity services
- Information reporting/online banking
- Commercial card services
- Working capital solutions