Treasury Today's Adam Smith Awards are a globally recognized benchmark for corporate treasury achievement. Now in its 19th year, this year's program attracted a record-breaking 635 submissions from 42 countries, the most competitive field in the awards' history. Of the 20 categories, 11 J.P. Morgan Payments clients earned top honors spanning cash pooling, treasury transformation, supply chain finance, rising talent, and the newly introduced Best Use of AI in Corporate Technology category.

“These results speak to the depth of our client relationships and the real-world impact of our treasury and trade & working capital solutions. Having our clients win across more than half of the categories, repeat wins in some categories, and take home the majority of accolades in others reflects what becomes possible when our teams and clients build innovative solutions together," said Max Neukirchen, Global Co-Head of J.P. Morgan Payments.

Overall Winners:

• Best Cash Pooling Solution: Solventum
• Best-in-class Treasury Solution, Americas: PayPal
• Best Supply Chain Solution: Walmart
• Best Treasury Transformation: eBay
• A Rising Star: Sofia Calvo at Grupo Bimbo
• Corporate Treasurer of the Year: Tony Masone at Amazon

Highly Commended Winners:

• Best Cash Pooling Solution: Exponential Technology Group, Inc. (XTG), a Berkshire Hathaway Company
• Best-in-class Treasury Solution, Americas: Alubar Metals Missouri, LLC 
• Best-in-class Treasury Solution, Americas: L’Oréal Brazil
• Best Treasury Transformation: Eaton Corp
• Best Use of AI in Corporate Technology: SiriusXM

“What stands out about this year’s recognition is the range of innovation behind them. Across areas like treasury transformation, supply chain finance and the use of AI in corporate technology, our clients are pushing the industry forward, and we’re proud to support them with the infrastructure and expertise to do that at scale. When clients win across categories like these, it validates not just individual solutions but underscores how innovation in payments can drive meaningful outcomes for businesses around the world.” Umar Farooq, Global Co-Head of J.P. Morgan Payments.

Read more about our Treasury Services solutions here and learn about our newest offering in “Cutting intercompany FX risk: Wizz Air streamlines multicurrency settlements with new solution from J.P. Morgan Payments.” Dig into our Trade & Working Capital solutions here as well as the launch of Working Capital Accelerator here. Learn about the 2025 winners in Treasury Today here.