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Treasury Services Are Proving to be a Beacon Amid the Dark Economy for Banks

With the retail banking industry struggling to stay afloat, banks' treasury services departments are increasingly proving their worth amid a turbulent economy and showing that there still is strength left in the financial services industry.

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:

  1. Electronic payments services (excluding cards)
  2. Deposit and liquidity services
  3. Information reporting/online banking
  4. Commercial card services
  5. Working capital solutions

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