CFO Dive

JANUARY 16, 2025

accounting standard setter decided against adding a new project to its priority agenda that would have required banks to disclose more information about CRTs.

Credit Risk 248

Credit Risk Accounting Standards Accounting Banking 248

Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. A “Bank Single Gateway” is no longer a "plus", but a "must" that every fund servicer or fund should have.

Banking 147

Banking Reconciliations Treasury Securities 147

CFO News Room

DECEMBER 10, 2022

What Types of Accounts are Best for Compounding? Banks Savings Accounts. Most savings accounts, money market accounts, and certificates of deposit earn compound interest. You can buy just about any investment through an online broker, including bank products like CDs. Most banks offer CDs.

Investments 130

Investments Accounting Treasury Construction 130

PYMNTS

JANUARY 6, 2021

Thus far, the numbers do not bear out a massive uptake of a business model, that for the stakeholders, is essentially free (There are roughly 38 banks signed on and 5 million users of CoDi, as measured in late 2020). Banks generate more business by enabling payments for merchants. Solving For The Chicken And Egg Problem.

Banking 145

Banking Planning Accounting Currencies 145

Global Finance

MAY 3, 2023

After disrupting most of the tech and digital world over the past few decades, Apple is now turning to the banking sector. The Cupertino, California-based iPhone maker recently teamed up with Goldman Sachs to launch a high-yield savings account, promising.

Accounting 117

Accounting Banking 117

CFO Dive

MAY 17, 2024

Cybercriminals utilized AI deepfakes to falsely pose as Arup’s CFO and other employees, leading a staff member to transfer $25 million to Hong Kong bank accounts.

CFO 264

CFO Accounting Banking 264

CFO News

MAY 8, 2023

The J&K Bank’s auditors said its employees availed loans from the bank to purchase the shares, but that was in violation of the Reserve Bank of India’s directions.

Banking 111

Banking Accounting 111

FISPAN

JUNE 23, 2023

Bank feeds are a game-changer in financial workflows, offering seamless integration between accounting software and bank accounts.

Banking 98

Banking Accounting Treasury CFO 98

CFO News

SEPTEMBER 14, 2023

The revised accounting norms for investment portfolio, which are effective from April 1, 2024, and are in line with the global financial reporting standards, are expected to enhance the quality of banks' financial reporting, as well as improve disclosures, say experts.

Investments 112

Investments Banking Financial Reporting Accounting 112

CFO Dive

OCTOBER 14, 2022

Some 85% of bank chiefs believe the U.S. is headed for recession in the next 12 months, the accounting giant found in its annual CEO outlook. Nearly half see layoffs in the next six months.

Banking 130

Banking Accounting 130

Global Finance

OCTOBER 11, 2024

Global Finance presents its 31st annual list of best banks worldwide. Banks face an uphill battle as supply chains remain disrupted, regional conflicts continue to build, and the fear of bank failure returns. Industry leadership, advancements in digitalization and corporate citizenship also factored in.

Banking 105

Banking Foreign Exchange Profit and Loss Finance 105

Global Finance

OCTOBER 31, 2024

Islamic banks based in the Gulf Cooperation Council (GCC) countries continue to expand their reach, taking on Shariah-compliant transactions in new industries and establishing new strategic partnerships. The Gulf’s Islamic banks look to build on this momentum through strategic partnerships. 5, Dukhan Bank advanced two spots to No.

Banking 89

Banking Finance Forecasting Leverage 89

Global Finance

SEPTEMBER 25, 2024

Susanne Prager, head of cash management at Raiffeisen Bank International (RBI), discusses the challenges affecting global banking services and the need for the latest tech tools to help companies succeed in CEE and around the world. Global Finance: What are the overall trends impacting international banking transactions?

Banking 98

Banking Cash Management Compliance Currencies 98

Global Finance

JULY 16, 2024

Throughout its 30-year history, Converse Bank has been a trendsetter in Armenia. This began with it as the first bank since the country became independent to be set up with foreign investment – led by principal shareholder Eduardo Eurnekian, an Argentine-Armenian businessman. Being a pioneer seems to be in Converse Bank’s DNA.

Banking 98

Banking Currencies Leverage Accounting 98

Global Finance

JULY 29, 2024

Nonbanks have eaten into traditional banks’ marketplace. Can the older banks retake lost ground by simply becoming more agile? Once upon a time, banking was simple: Take deposits, use depositors’ money to make loans, and transfer payments between clients and earn a commission. All three pillars are now under assault.

Banking 88

Banking Profit and Loss Financial Systems Technology 88

The Finance Weekly

DECEMBER 1, 2024

Let’s talk about something every business owner and accountant deals with— account reconciliation. If you’ve ever wondered what account reconciliation is all about or how to do it effectively, this guide has got you covered. What Is Account Reconciliation? Bank Reconciliation This is the most common type.

Reconciliations 52

Reconciliations Accounting General Ledger Invoicing 52

CFO News

OCTOBER 31, 2023

The removal came in the backdrop of the auditors issuing a qualified opinion on the bank’s FY23 accounts with respect to funds raised via the employee stock purchase scheme 2023 (ESPS).

Banking 138

Banking Accounting 138

Global Finance

OCTOBER 8, 2024

Global Finance magazine interviewed Philippines Central Bank Governor Eli Remolona, who earned an “A–” grade in the magazine’s 2024 Central Banker Report Cards. GF : The Philippines Central Bank (BSP) was the first major central bank in Asia to cut rates following the widespread regional post Covid-19 monetary tightening.

Banking 109

Banking Economics Construction Finance 109

Global Finance

NOVEMBER 1, 2024

Bank of China (BOC) continues to play a pivotal role in green finance. Through its “BOC Green+” global brand, the bank is offering a range of green financial products. It has implemented a comprehensive ESG risk management policy governing the entire business cycle for corporate banking.

Finance 90

Finance Banking Risk Management Construction 90

CFO News

MAY 26, 2024

High-street banks and stressed asset firms in Mumbai adopted a 'model agreement' for selling loans but couldn't agree on 'indemnity'. Lenders can declare an account 'fraud' post-sale to ARCs.

Sales 96

Sales Banking Finance Accounting 96

CFO Leadership

OCTOBER 10, 2023

AI in the “Real World” While these powerful tools seem to have a near mastery of natural language communication, they are not necessarily designed to possess many of the skills required by finance and accounting professionals. However, they still have a place in corporate finance and accounting.

Accounting 95

Accounting Finance Auditing IFRS 95

CFO Dive

AUGUST 28, 2023

A report from the Arnold & Porter law firm warns “accounting for expected credit losses will be a high priority for bank examiners and the staff of the SEC.”

Accounting 191

Accounting Banking 191

Global Finance

DECEMBER 10, 2024

Global Finance: What are the banks strategic priorities over the next five years? Adel Al-Majed: The banks aspiration is to be a leading Islamic bank for high-net-worth individuals and companies, focused on innovation and digital excellence. GF: Which of the banks commercial business segments are showing the most growth?

Finance 73

Finance Banking Investments Accounting 73

CFO News Room

JANUARY 23, 2023

You can open an account in 3-5 minutes. Manage all of your accounts from a single dashboard. SaveBetter pools high-interest savings accounts and CDs from financial institutions nationwide, giving customers access to high-yield accounts they otherwise wouldn’t know about. High-Yield Savings Account. No Penalty CD.

Accounting 130

Accounting Investments Banking Numbers 130

FISPAN

MAY 3, 2023

Enterprise Resource Planning (ERP) Banking has become a critical tool in this effort. In today's fast-paced business environment, it's crucial for companies to utilize the skills of their teams effectively. Aligning team members in the right way not only saves time and money, but also helps organizations reach their goals.

Corporate Finance 98

Corporate Finance Banking Finance Planning 98

Global Finance

NOVEMBER 12, 2024

We’re reimagining the banking experience by investing in a range of cutting-edge customer-facing and backend tools, including our mobile app, voice biometrics, and artificial intelligence (AI) and machine learning (ML) to personalize services.

Banking 52

Banking Compliance Finance Securities 52

Global Finance

SEPTEMBER 4, 2024

Global Finance magazine interviewed Brazil Central Bank President Roberto Campos Neto, who has been at the helm since February 2019. In this interview, Campos Neto shares his insights on the global economy, Brazil’s economic outlook, the resilience of Latin American economies, and the importance of central bank independence.

Banking 99

Banking Economics Currencies Finance 99

CFO News Room

DECEMBER 12, 2022

If you read more about them in our M1 Finance review you’ll clearly see they are a top notch online broker that offers a wide array of investing and banking services and products to their clients. There are no fees for opening an account, transferring money, or managing your portfolio. Checking accounts. Savings accounts.

Finance 130

Finance Investments Securities Accounting 130

CFO News

FEBRUARY 23, 2023

Though Adani might have become really big no single Indian corporate failure can cause the collapse of the Indian corporate world and Indian banking sector, says the former President of the Institute of the Chartered Accountants of India.

Accounting 143

Accounting Banking 143

CFO News

NOVEMBER 21, 2023

Last year, Can Fin Homes detected fake ITRs in 37 accounts at its Bhilwara branch in Rajasthan, after complaints were made. Lenders say large- and small-value loan customers have previously falsified data for expanding their borrowing limits.

Banking 98

Banking Accounting 98

Global Finance

DECEMBER 6, 2024

Private banks benefit from a demographic shift. Private banking in the Middle East continues to thrive, outpacing most other global regions; and the prospects remain positive in dedicated banking and wealth management despite increased geopolitical risk in the area. Knight Frank research shows that global UHNWIs rose by 4.2%

Banking 52

Banking Concentration Investments Leadership 52

Global Finance

OCTOBER 14, 2024

The $644 billion-in-assets banking sector remains dominated by a few brick-and-mortar, multinational giants. BBVA México, Santander, and Banorte account for nearly 50% of the market, while Banamex, HSBC, Scotiabank and Inbursa contribute another 27%. Since we took over banking operations, usage has almost tripled,” he adds.

Banking 62

Banking Concentration Startups Economics 62

Generation CFO

JANUARY 5, 2022

Like many finance leaders, Aidana Zhakupbekova, VP Finance at HousingAnywhere , the largest European mid to long-term rental accommodation platform, has worked across accounting, credit control and FB&A spheres. . When I joined, we had an external accountant and several admin staff, but there was no decent reporting.

Finance 197

Finance Budgeting Corporate Finance Accounting 197

Global Finance

OCTOBER 31, 2024

A weak economy hasn’t stopped Chinese banks from expanding their balance sheets; once again, they dominate our rankings. China continues to search for antidotes to an ailing economy and the deterioration of its real estate market, and the banking sector continues to expand. The remaining four Indian banks in our ranking averaged 7.5%

Banking 57

Banking Marketing Construction Forecasting 57

Global Finance

OCTOBER 10, 2024

Byadran Lkhagvasuren, governor of the Bank of Mongolia, speaks to Global Finance about the country’s growth prospects and its pursuit of sustainable economic development. In particular, the current account balance was in surplus, largely due to a strong recovery in coal exports in 2023.

Restructuring 74

Restructuring Foreign Exchange Banking Transportation 74

Global Finance

JULY 26, 2024

Banking Circle is the winner of our award for Best Embedded Treasury Solution, providing the core financial infrastructure that allows businesses to build and offer embedded financial solutions. Embedded finance features include global payments, virtual accounts (VAs), and account management.

Cash Management 98

Cash Management Treasury Foreign Exchange Banking 98

Global Finance

NOVEMBER 14, 2024

With over 100 active AI applications in production, the bank achieved an explosive 150% increase in AI usage year-over-year. CTBC aims to leverage both GenAI and traditional AI to enhance its personalized banking experience and seamlessly deliver next-gen banking services.

Banking 52

Banking Leverage Risk Management Technology 52