Embat Acquires Necto: Strengthening Its Leadership In Global Corporate Banking Connectivity Through APIs
Embat is a cloud-based treasury management solution that streamlines the management of receivables, payments, and forecasting, automating accounting and bank reconciliation, enabling real-time visibility of cash, liquidity, and debt while reducing operational workload by up to 75%. This acquisition extends Embat’s integration with leading financial institutions such as J.P. Morgan, Citi, Barclays, among others. Necto has…
Franklin
Treasury Contrarian View: The Case Against In-House Banks
For years, in-house banks (IHBs) have been promoted as the gold standard for multinational corporations seeking centralized control over cash, payments, and liquidity. But in a world of real-time payments, virtual accounts, and advanced fintech solutions, do we still need in-house banks, or are they becoming an outdated legacy structure? The Traditional Arguments for In-House…