As rates continue to rise, with seemingly no end in sight, the gap between earnings credit rates (ECR) and those paid on commercial interest-bearing deposits continues to widen.

Without exception, Curinos’ corporate clients with more than $20 million in annual card spend are emphasizing card payments, rather than check and ACH, for their accounts payable disbursements.

Commercial Banks have held fast to their plans to be more assertive with price increases in 2023.

Treasury management (TM) fee income grew modestly in 2022 with the average bank ending the year up 3%. Fee revenue increases were driven by a combination of higher prices, especially on paper-intensive and exception-processing services, as well as higher volumes in deposit services, disbursements and information reporting.