• Twitter
  • Grey LinkedIn Icon

Our Services

About The Carfang Group

Treasury | Payments | Liquidity | Banking.


The Carfang Group specializes in consulting, writing, speaking, thought leadership and advocacy in the area of treasury management, payments, liquidity, fintech and banking.  We know these areas intimately and bring unparalleled insights to our clients.


Technology is redefining these businesses, regulation is increasingly determining outcomes, geopolitical issues like Brexit and the phaseout of LIBOR tilt the playing field and central banks are wild cards with their inflated balance sheets. We work with our clients to see through these complexities, develop strategic insights and identify breakthrough opportunities in this area. 

Our recent white paper, "Megatrends in Treasury, Money and Banking" provides a glimpse into our future.

Anthony J. Carfang

Anthony J. Carfang is Managing Director of The Carfang Group and has a distinguished background in consulting, writing, speaking, thought leadership and advocacy in the area of treasury management,  payments, liquidity and banking.  


Tony was co-founder of the Treasury Strategies consultancy which later merged with Novantas, Inc.  He has consulted extensively with corporate treasurers, corporate and transaction bankers and liquidity experts at securities firms worldwide.  He and his teams work with corporate CFOs and Treasurers to optimize their treasury, payments, fintech and risk management strategies.  He also helps guide many of the world’s largest banks and securities firms to position their services effectively in the marketplace.  In 2011, he was named one of the 100 Most Influential People in Finance by Treasury & Risk Magazine.  

He is a vocal advocate of clients’ interests surrounding regulatory issues and liquidity management.  Tony presented white papers and consultation commentary on behalf to clients to the US Federal Reserve and US Treasury Dept., the Bank of England, the European Commission and the European Central Bank.  His views have been quoted extensively in the Wall Street Journal and other news media.  He has appeared on several shows including CNBC’s Kudlow Report, Bloomberg News and Fox Morning Business to debate proposed financial regulations including  money market fund regulations and valuation of auction-rate securities.  Tony is considered a regulatory impact expert and has testified extensively in the U.S. House and Senate on financial issues including Dodd-Frank, money fund regulations, "too big to fail issues" and the impact of regulation on job creation.  


Tony received his MBA from Northwestern University and BS from Duquesne University. He founded the Alpha Phi Delta Foundation, which oversees a scholarship fund and other philanthropic activities, and is a member of the board at Duquesne University and the board of SurvivingBreastCancer.org. He’s also a specialist in Italian genealogy and an avid chess player and coach.


Now leading The Carfang Group, he is transforming years of treasury management innovation into robust strategies for clients.

Email tony@thecarfanggroup.com with your issues or questions.

Be the first to get news and insights. 
Treasury | Payments | Liquidity | Banking
The Carfang Group specializes in consulting, writing, speaking, thought leadership and advocacy in the area of treasury, payments and liquidity.
Contact us
© 2019