Some 50% of the banks questioned for a new report by Strategic Treasurer see maintaining a competitive edge against fintech offerings in supply chain finance as a strategic challenge. The survey, published in partnership with Kyriba, spoke to 150 corporates and banks about their approach to supply chain finance. Among other findings was that 35% of organizations have found themselves in greater need of liquidity over the past year.

“Shifting requirements for corporates regarding their working capital are resulting in heightened interest in SCF as liquidity needs grow more pronounced,” said Craig Jeffery, founder and managing partner of Strategic Treasurer.