The acceleration of digital banking has equipped treasurers with more sophisticated tools to run their payments and FX operations and resulted in a more efficient experience with their provider. But are treasurers at risk of losing that all important human element, asks Laurent Descout, Founder and CEO at Neo
We’re delighted that Neo has won the ‘Best New Treasury Technology’ in Global Finance Magazine’s Treasury and Cash Management Awards 2022. At Neo, we’re proud of this recognition of our work in delivering a single platform for businesses’ international treasury needs.
Corporate treasurers have had an eventful year, facing fresh challenges around cashflow, liquidity and currency volatility. They’ve had to elevate their role as a strategic advisor to the business and, in the process, rethink many of their underlying systems and processes to ensure they have the right tools to support them. Laurent Descout, founder and […]
Businesses have faced tough challenges this year, particularly around cashflow and liquidity, and technology has played a vital role in enabling treasury teams to adapt. IT departments have had to review their systems and infrastructure and it’s a trend that looks set to continue into 2022. Laurent Descout, founder and CEO at Neo, looks at […]
Faced with slow processes and inflated fees, improving cross-border payments is crucial for many SMEs. Laurent Descout, co-founder and CEO at Neo, looks at how simple yet fundamental changes to approaches can help drive cost-savings and greater efficiencies.
The past two years prompted a rethink of treasury operations, with treasurers having to accelerate their adoption of digital treasury management systems to take on a more strategic role – but new research shows limited progress. Our Founder and CEO, Laurent Descout, discusses how treasurers have had to review their practices and accelerate the pace […]
Our Founder and CEO, Laurent Descout, comments on the findings of the EACT – European Association of Corporate Treasurers 2021 survey and discusses how treasury teams must utilise data analytics if they are to continue being responsive to the fast-changing business environment.
Our CEO and Co-Founder, Laurent Descout, discusses the challenges facing SMEs and how FX hedging strategies need to change. Laurent talks about how Neo can help companies overcome challenges such as opening EU bank accounts, dealing in multiple currencies and making cross-border payments.
Neo, the treasury management, payments, and FX fintech, today announced that it has cleared $1 billion through its multi-currency accounts, which went live in June 2020.
In the 14 months since Neo launched, it has generated international bank account numbers (IBANs) for more than 200 corporates in Europe and made them ‘reachable’ to all the banks in the world over the SWIFT network.
Official foreign currency exchange partner
