In this December 2025–January 2026 edition of the Treasury News Recap series, we highlight six developments that underscore how technology, regulation, and risk management are reshaping corporate treasury and payments. From automation and AI-driven decisioning to fraud intelligence and real-time settlement, the stories reflect a treasury function operating amid accelerating change.

This edition opens with GTreasury’s acquisition of Solvexia, signalling deeper convergence between treasury management, reconciliation, and regulatory reporting. We then examine FIS’s launch of an industry-first agentic commerce offering designed to help banks support AI-initiated transactions at scale, alongside Treasury Intelligence Solutions efforts to help corporates manage post-deadline variability following the global ISO 20022 migration.

We also explore Bank of America’s expanding use of AI-powered forecasting tools as treasurers contend with market volatility, Mastercard’s identification of six payment trends expected to shape 2026, and TD Bank’s latest research revealing persistent gaps in treasury automation and fraud preparedness. Together, these stories illustrate how treasury teams are balancing innovation with control as payments, data, and risk frameworks continue to evolve.

GTreasury acquires Solvexia to boost reconciliation and regulatory reporting automation

Ripple-owned GTreasury has acquired Solvexia, a provider of no-code financial automation, data management and analytics solutions, broadening its treasury platform to include automated reconciliation and regulatory reporting across treasury, finance and compliance functions. The move targets one of the most persistent challenges facing finance teams: continued reliance on manual, spreadsheet-driven processes that elevate operational risk, weaken controls and increase audit exposure.

The acquisition brings Solvexia’s reconciliation and regulatory reporting automation into GTreasury’s treasury management and digital asset infrastructure, creating a more integrated operating environment across treasury, finance and compliance. By unifying these functions within a single platform, GTreasury aims to mitigate risk, improve data accuracy, and help organisations respond more effectively to rising regulatory complexity without adding manual workload.

In announcing the acquisition, GTreasury positioned the deal as a move to close long-standing gaps between treasury management, reconciliation and compliance reporting—areas where manual processes continue to introduce risk and weaken oversight.

“Today's acquisition of Solvexia removes the boundaries between treasury management, reconciliation, and compliance reporting,” said Renaat Ver Eecke, CEO of GTreasury. “Organizations shouldn't rely on manual processes that introduce fraud risk, disclosure weaknesses, and audit exposure when automation can deliver near-perfect accuracy and complete transparency. The integration of GTreasury's capabilities with Solvexia's automation platform delivers unprecedented visibility and control across the entire finance function, protecting CFO reputation while ensuring governance and regulatory compliance.”

The combined platform will support end-to-end reconciliation automation across payment gateways, banking systems, enterprise resource planning platforms and internal records, spanning both fiat and digital asset transactions. The capability is designed to help organizations detect potential revenue leakage, verify intercompany settlements, and surface anomalous or fraudulent fund flows. In addition, the platform introduces embedded governance controls around approval workflows, enterprise-class regulatory reporting intended to compress preparation timelines from weeks to hours, and built-in audit readiness through version control, approval tracking and complete audit trails—features aimed at helping finance teams meet close deadlines while averting material disclosure weaknesses.

FIS launches industry-first agentic commerce offering designed to help banks scale AI-initiated transactions

FIS has launched an industry-first agentic commerce offering aimed at enabling banks to lead and scale AI-initiated transactions across card and payment networks. The launch follows the close of FIS’ acquisition of its Total Issuing Solutions portfolio and is positioned as an extension of its issuing and payments capabilities.

Agentic commerce refers to transactions in which AI acts on behalf of consumers or businesses—sourcing, negotiating and completing purchases or financial transactions using preapproved payment methods.

The new offering integrates AI-driven transactions into established authorisation, authentication and dispute management frameworks used across global payment networks. By operating within these existing payment network rules, the approach aims to ensure agent-driven transactions are handled with the same controls applied to traditional card payments.

FIS frames financial institutions as critical infrastructure providers for agentic commerce, given their role in payments security, fraud prevention and regulatory compliance. The new platform is designed to help FIS bank clients recognise and authorise agent-initiated activity, apply appropriate controls and extend fraud protections on behalf of customers as transaction volumes grow.

The offering is expected to be available to FIS issuing bank clients by the end of the first quarter of 2026. According to the company, it will enable issuers to use relevant “know your agent (KYA)” data and card credentials securely, with the objective of reducing chargebacks and false declines while improving approval rates and transaction confidence across both traditional and agentic AI purchases.

The launch is being supported through strategic partnerships with Visa and Mastercard, with both enabling AI agents to initiate and safely conduct transactions across their existing payment frameworks. Initial use cases are centred on transaction authorisation, fraud management, and customer servicing, with additional data-driven applications expected to follow.

For corporate treasurers, the development points to a gradual shift in how payments may be initiated, authorised and monitored as AI-driven purchasing tools mature. While adoption is likely to be incremental, agent-initiated transactions introduce new considerations around control frameworks, payment visibility and fraud oversight—particularly in environments where procurement, expense management or subscription activity becomes more automated. Over time, evolving transaction flows and authorisation frameworks may influence how corporates engage with issuing banks and card networks, even if uptake remains measured.

TIS helps treasury teams manage post-deadline ISO 20022 variability

Treasury Intelligence Solutions (TIS) says it is navigating the ongoing ISO 20022 transition by supporting treasury teams with specialized translation services following the November 2025 deadline requiring banks to adopt ISO 20022 for cross-border payment messaging. While the deadline marks a significant industry milestone, TIS notes that banks are completing their ISO implementations at different speeds, resulting in variations in message formats, data requirements and reporting practices that treasury teams must now manage in day-to-day operations.

ISO 20022 replaces multiple legacy messaging standards with a single, structured framework intended to improve data quality, interoperability and regulatory transparency. However, many corporate ERP, treasury and payment systems were not originally designed to support the level of structured data now required, creating practical challenges as unstructured formats are phased out and validation requirements tighten.

TIS positions its approach around helping treasury teams absorb these changes without disrupting daily operations or forcing immediate system overhauls.

"ISO 20022 is a major industry shift, but it shouldn't disrupt the way companies operate day-to-day," observed Wouter De Bie, Chief Technology Officer at TIS. "Our priority is making this transition seamless. By leveraging our platform's ability to translate payment files into bank-specific formats and automatically populate ISO-required fields, we give treasury teams the flexibility to adapt at their own pace. This approach ensures stability, reduces risk, and empowers organizations to meet new standards without costly system overhauls or last-minute fixes."

According to TIS, the platform draws on more than 140,000 bank-specific profiles to provide comprehensive coverage of ISO bank formats. The firm has also introduced an AI-powered solution to address ISO-specific requirements such as structured address information for corporate beneficiaries.

BofA highlights AI forecasting gains as corporates save 250,000 hours in volatile 2025

Bank of America (BofA) reports that its AI-driven CashPro Forecasting™ solution helped more than 3,000 corporate clients save over 250,000 hours in 2025, as treasury teams faced heightened market volatility and economic uncertainty. The tool is designed to address one of treasury’s most time-intensive yet critical tasks—cash forecasting—by automating what has traditionally been a manual, spreadsheet-driven process.

CashPro Forecasting is delivered through the bank’s CashPro platform, which clients use for treasury, trade, and cross-border payments activities. The solution automatically integrates account data and applies machine learning to analyse global cash positions, generate accurate forecasts and deliver insights within minutes, rather than days.

Bank of America links the tool to sustained economic uncertainty and the need for faster, more informed decision-making across treasury functions.

“Economic uncertainty is the new normal across global markets,” remarked Winnie Chen, head of Global Payments Solutions for Asia Pacific at Bank of America. “It’s critical we equip our clients with the best tools, insights, and resources so they can navigate this complexity with confidence and make timely, informed decisions.”

According to the bank, client engagement with the forecasting tool increased sharply during periods of market disruption in early 2025, as treasury teams assessed the potential impact of tariffs and interest-rate movements on liquidity positions. One indicator of this activity was a rise in the number of forecasting workspaces created and shared within organisations, which rose 113% above typical levels in the second quarter, with peaks recorded in mid-April and mid-June.

Corporate users highlight collaboration as a key benefit, with the AI-enabled tool providing shared visibility across teams and a coordinated approach for evaluating how market events could affect liquidity and cash positions.

From an operational perspective, the bank says CashPro Forecasting is intended to compress forecasting cycles that can otherwise take up to a week when managed through spreadsheets—often leaving treasurers working with outdated data. The tool supports forecasting horizons ranging from one day to one year and can incorporate global bank account data, including balances held at other financial institutions, to provide a consolidated view of liquidity.

CashPro Forecasting is available as part of Bank of America’s information reporting services within the CashPro platform, with implementation designed to require minimal setup. Use of the tool is expected to continue expanding as treasury teams place greater emphasis on speed, visibility and collaboration in forecasting amid ongoing economic uncertainty.

Mastercard reveals six payment trends expected to shape 2026

Mastercard has identified six payment trends it expects to shape the global payments landscape in 2026, as digital payments evolve beyond speed to focus more heavily on intelligence, security and integration into everyday commerce. The trends, drawn from Mastercard’s global insights, reflect how advances in artificial intelligence, digital identity, real-time payments, and emerging payment rails are reshaping money movement across consumer and business use cases.

The first area of focus is securing agentic commerce, as generative AI tools begin initiating and completing transactions on behalf of consumers and businesses. Mastercard notes that as agentic commerce gains traction, payments ecosystems will require stronger guardrails around authentication, intent capture and fraud prevention to ensure trust remains embedded even as automation increases.

The second trend, connecting crypto to mainstream commerce, points to closer integration between digital assets and traditional payment systems, as regulatory clarity around stablecoins in key markets enables the financial sector to explore more pragmatic applications. These include payouts into stablecoin wallets, on-chain purchases and more efficient cross-border settlement.  As these rails mature, consumers and businesses are expected to move between fiat and digital assets with greater safety and transparency.

Doubling down on digital identity is the third major theme, as online fraud and scams continue to rise globally. Mastercard expects wider adoption of digital identity wallets and verified digital credentials in 2026, facilitating faster and more secure access to financial services, higher-value transactions and age or identity verification, while also improving counterpart verification for platforms and merchants.

The fourth trend centres on a shift toward more sustainable consumption, particularly among younger consumers, led by Gen Z’s growing embrace of circular economy models that prioritise reuse, resale and repair. This shift is expected to support regenerative payment loops—from deposit-and-return models to refill schemes and peer-to-peer payments that reward sustainable behaviour.

The fifth major trend highlights personalising payments, benefits and risk, as consumers gain more control over how they pay depending on context, transaction size or risk profile. At the same time, richer data and advanced analytics are expected to help lenders extend services to small businesses and individuals with limited credit histories.

Finally, the sixth trend focuses on enabling the instant economy for everyone, everywhere, reflecting ongoing momentum behind faster, real-time settlement models. Mastercard points to wider adoption of tokenisation, biometric authentication and contactless technologies, helping reduce friction at checkout while supporting faster clearing and settlement. For businesses, same-day settlement and real-time processing will likely free up working capital, while increased speed and transparency in cross-border payments will assist small businesses reach customers around the world.

TD Bank finds nearly 80% of treasury departments still rely on manual processes

TD Bank research indicates that nearly 80% of treasury departments continue to rely on manual or fragmented systems, despite broad recognition that digitalisation plays a critical role in supporting growth. The findings are based on a TD Bank survey of treasury professionals conducted at the Association for Financial Professionals (AFP) 2025 conference in Boston.

While three-quarters of survey respondents (75%) reported that digital cash flow visibility and liquidity management solutions have transformed their growth strategies, adoption of automated treasury technology remains limited. Many teams continue to depend on manual methods, complicating efforts to fund growth and manage liquidity effectively.

Survey participants identified manual or fragmented financial systems (36%), macroeconomic uncertainty and market volatility (36%), and a lack of real-time cash flow data (20%) as the most significant challenges facing treasury operations. The results reinforce the need for increased digital integration, automation, and transparency in treasury functions.

The survey also found that organisations investing in treasury capabilities are prioritising tools that improve real-time cash flow management. Respondents cited real-time reporting and visibility (35%), integration across banking platforms and data sources (34%), and automation of cross-border payments and currency conversions (13%) as areas expected to have the greatest impact on cash flow management.

Tom Gregory, Head of Treasury Management, Merchant & Government Banking at TD Bank, stated the survey results demonstrate the need for firms to strengthen their technology base. “As businesses navigate shifting rates, evolving supply chains and rising expectations for efficiency, treasury teams that embrace digital integration now will be better positioned to manage growth and guard against risk. By modernising treasury systems and improving access to real-time data, businesses can make more timely, strategic decisions that support long-term growth.”

Beyond treasury automation, the findings underscore persistent concerns around fraud prevention. As transaction volumes increase and payment channels expand, treasury teams are contending with more complex fraud schemes, including business email compromise (BEC), payment diversion, and cyberattacks. While a majority of respondents (82%) expressed confidence in their fraud defences, the survey showed that 62% of employees failed fraud tests, revealing gaps in training and operational awareness.

Treasury professionals identified several areas where additional support could strengthen fraud defences, including vendor or payment verification tools (29%), real-time monitoring and alerts (28%), and employee training and awareness programmes (17%). The results suggest that effective fraud mitigation requires a combination of technology, process discipline and employee education, rather than reliance on technology alone.

That concludes our December 2025–January 2026 Treasury News Recap. From agentic AI and embedded automation to ISO 20022 adaptation, real-time payments, fraud intelligence, and persistent gaps in treasury digitisation, the developments covered here point to a function in active transition.

Across treasury management systems, banking platforms, payment networks, and regulatory frameworks, technology is redefining how organizations manage liquidity, oversee risk, and maintain operational resilience. At the same time, the continued reliance on manual processes and rising fraud complexity highlight that progress remains uneven—and that execution and governance matter as much as innovation.

For treasury and payments professionals, these six stories reinforce a central theme heading into 2026: the need to adopt new capabilities thoughtfully, strengthen data and control frameworks, and remain adaptable as the operating environment continues to shift.

Stay informed with more in-depth analysis, industry roundups, and interviews on CTMfile, and join the conversation on the OpenTreasury Podcast, where industry leaders share practical insights shaping the next phase of treasury and payments.