https://trustedcfosolutions.com/feed/

AUGUST 12, 2022

At its core, SOX compliance helps to ensure the accuracy of a company’s financial statements and protects the business from fraud, cyber-attacks, lawsuits, and more. The post Sage Intacct For SOX Compliance appeared first on. For example, an administrator can. This means no single user can initiate and approve a transaction.

Compliance 109

Compliance Reconciliations Securities Auditing 109

Nerd's Eye View

APRIL 26, 2023

One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Creating a compliance calendar for a solo RIA can help to systematize and manage compliance tasks, requirements and deadlines.

Compliance 98

Compliance Advertising Invoicing Communication 98

CFO Selections

NOVEMBER 20, 2024

As such, their responsibilities include: budgeting and forecasting, managing mergers or acquisitions, and handling compliance issues. A CFO takes their financial expertise and channels it into a strategic leadership role to create financial success for the company and its stakeholders.

CFO 105

CFO Tax Planning Leadership Budgeting 105

Nerd's Eye View

APRIL 26, 2023

One of the most intimidating aspects of launching a solo advisory firm is the question of how to manage compliance. Putting all of this information together, it’s possible to create a compliance calendar that accounts for each task required, its frequency, and the due date for each.

Compliance 98

Compliance Advertising Invoicing Communication 98

PYMNTS

JANUARY 19, 2021

This week’s look at the latest in bank-FinTech collaboration includes new partnerships in Australia, South Africa, India, Pakistan and across Europe, with many FIs bolstering the foundations of their SMB-serving infrastructures. National Australia Bank Chooses Eedenbull. TBI Bank Partners With NETOPIA Payments.

Banking 136

Banking Reconciliations Compliance Finance 136

Future CFO

DECEMBER 11, 2024

The banking sector has been known for its resilience and adaptability and must continue to innovate to thrive. With 2025 just around the corner, several key trends are reshaping the banking and financial services landscape. Banking executives must navigate a complex environment filled with challenges and opportunities.

Banking 52

Banking Risk Management Compliance Investments 52

CFO News Room

NOVEMBER 2, 2022

Chris Stanley is the Founding Principal of Beach Street Legal LLC, a law practice and compliance consultancy whose sole purpose is to help entrepreneurial investment advisers and financial planners succeed. Compliance policies and procedures manual. Author: Chris Stanley. Guest Contributor. Net capital worksheet. Surety bond.

Compliance 130

Compliance GAAP Investments Advertising 130

CFO Dive

MAY 6, 2022

In the cannabis business, federal illegality has kept many banks and payments companies on the sidelines. That's opened the door for young companies that are using the ACH network to facilitate cannabis payments in states where it’s been legalized.

Compliance 130

Compliance Banking 130

PYMNTS

JULY 5, 2020

Treasury Department’s financial crime division, the agency said the new guidance is in response to questions related to Bank Secrecy Act/Anti-Money Laundering regulatory requirements for hemp-related business customers. Among the rules: Banks must obtain identifying information, including a copy of licenses, as they would for any customer.

Treasury 140

Treasury Banking Concentration Manufacturing 140

PYMNTS

APRIL 29, 2020

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target for traditional financial institutions. ius offered insight into exactly why crypto businesses are so difficult to bank. Conflicting Needs. As Karalevi?ius

Banking 113

Banking Compliance Currencies B2B 113

PYMNTS

DECEMBER 29, 2020

To serve eCommerce companies’ needs, as transactions continue to shift online, banking needs to go digital, too. As has been profiled in this space previously, virtual IBANs serve as reference numbers issued by banks. Platforms and single access points help bridge the gap between traditional banks and eCommerce.

Numbers 115

Numbers Accounting Banking Currencies 115

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

PYMNTS

DECEMBER 18, 2020

But the race is still on for central banks to develop their own digital versions of fiat to take their place alongside bills and coins. To that end, the Bahamas may stand out as an epicenter of sorts for the rise of central bank digital currencies (CBDCs). Central Banks Around the World Eye CBDCs.

Currencies 142

Currencies Banking Compliance Retail 142

CFO Dive

OCTOBER 22, 2024

The bank is simplifying its business into four spheres and has tapped its chief risk and compliance officer, Pam Kaur, to become its next finance chief.

Restructuring 169

Restructuring CFO Compliance Finance 169

Future CFO

JUNE 12, 2024

Equity investors and asset managers are the visible tips of the iceberg, but beneath the surface, 91% of banks monitor ESG, as well as 24% of global credit rating agencies, 71% of fixed-income investors and over 90% of insurers. The post Delivering value beyond compliance with ESG reporting appeared first on FutureCFO.

Compliance 98

Compliance IFRS Risk Management Finance 98

FISPAN

MAY 24, 2022

Joe Maxwell, Managing Director at FINTOP Capital sat down with Clayton Weir to discuss the currents of change in financial services, ERP movement to the cloud and how banks can enable digital transformation. Fitting with the If I Ran The Bank podcast theme, Joe is the first guest who actually does run a bank!

Compliance 98

Compliance CFO Banking Numbers 98

PYMNTS

SEPTEMBER 21, 2020

Gross negligence – or evidence of a battle waged by banks that requires new, high-tech weaponry? To that end, and as reported by BuzzFeed , documents submitted by banks to the U.S. The headlines blare a chorus: Banks are not doing their jobs. In terms of dollar amounts, Deutsche led the pack at $1.3 billion in fines.

Banking 139

Banking Leverage Technology Compliance 139

CFO News

DECEMBER 11, 2022

Companies across the banking, financial services and insurance, and fintech sectors are ramping up their risk and compliance functions with senior-level hiring to guide them through a dynamic regulatory environment.

Compliance 98

Compliance Banking 98

Global Finance

OCTOBER 23, 2024

The use of AI in finance has been a hot topic at this year’s Sibos conference, as banks consider how AI can transform the way financial services are delivered and consumed, and, more urgently, how its data is managed. The post Banks Seek Ways To Manage Data Quality For AI Services appeared first on Global Finance Magazine.

Banking 111

Banking Prioritization Compliance Finance 111

CFO Thought Leader

OCTOBER 28, 2024

Networking is crucial—connect with professionals in finance across the entire spectrum, including banking, VCs, and other operating companies. We operate at the intersection of compliance and security in a space we pioneered, called trust management. Embrace challenges and take on diverse roles to expand your skill set.

Leadership 64

Leadership CFO Finance Compliance 64

Bramasol

MAY 13, 2024

Discover how SAP solutions lay a solid foundation for audits and next level PCAOB or AICPA compliance reviews. Inspections: It conducts regular inspections of registered public accounting firms to assess compliance with PCAOB standards and applicable laws and regulations.

Auditing 83

Auditing Compliance SAP Accounting Standards 83

CFO News

FEBRUARY 19, 2023

Companies across the banking, financial services and insurance, and fintech sectors are ramping up their risk and compliance functions with senior-level hiring to guide them through a dynamic regulatory environment.

Compliance 97

Compliance Banking 97

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 104

Banking Profit and Loss Financial Systems Technology 104

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 111

Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

JANUARY 15, 2021

15) announced that it is assessing a $390 million penalty against Capital One for engaging in what it says are “both willful and negligent violations” of the Bank Secrecy Act (BSA). The statement from FinCEN said Capital One established the Check Cashing Group as a business unit within its commercial bank in 2008. financial system.”.

Banking 107

Banking Compliance Currencies Financial Systems 107

PYMNTS

JULY 28, 2020

The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. Yet this week’s look at the latest tie-ups reveals new models of collaboration, including FinTechs expanding their footprint within banking, and wielding banks to fit within their own tech solutions.

Banking 111

Banking Finance Compliance Investments 111

PYMNTS

NOVEMBER 18, 2020

One such innovation has been i2c’s collaboration with SmartHealth to use an open banking platform to build the first credit card dedicated solely to healthcare. But McCarthy added that like financial services, healthcare is a highly regulated, compliance-driven business. It went from concept to reality in 19 days this past June.

Healthcare 124

Healthcare Banking Compliance Planning 124

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Banking 96

Banking Accounts Payable Treasury Finance 96

CFO News Room

JANUARY 11, 2023

A career in a major bank can be both rewarding and well-paying, with top positions garnering income of hundreds of thousands or even millions of dollars annually. For example, investment bankers are near the top of the list, often working for large investment banks like Goldman Sachs or Morgan Stanley. About the Banking Industry.

Banking 130

Banking Financial Analyst Budgeting Investments 130

CFO Talks

NOVEMBER 29, 2024

Transparency is critical, particularly in a heavily regulated sector like ours, where compliance with local regulations and alignment with corporate governance are essential. Simultaneously, I renegotiated interest rates with Standard Chartered Bank, securing a 50% reduction in interest costs, saving us $1.5 million annually.

Finance 98

Finance Profit and Loss CFO Leadership 98

PYMNTS

NOVEMBER 13, 2020

Another related theme is the need for legacy core banking systems to upgrade in ways that don’t protract disruptions. The One-Stop Digital Banking Experience. The World Bank found that consumers globally are charged an average of 6.75 Several narratives have emerged from this pandemic.

Banking 103

Banking Budgeting Compliance Securities 103

PYMNTS

MAY 22, 2020

While FinTechs are, in many ways, useful allies to banks, traditional FIs can also be a critical partner to FinTechs that lack the resources or opportunity to acquire their own banking license. This is where a bank collaboration can become particularly valuable. That collaboration can take many forms, too.

Economics 104

Economics Banking Risk Management Compliance 104

PYMNTS

APRIL 27, 2020

Banks do not always have the budgets or resources to craft cutting-edge online and mobile experiences, although they can no longer afford to put off digital transformations. The number of online banking customers is growing worldwide, and FIs’ consumers are coming to expect seamless digital experiences as a result.

Banking 99

Banking Budgeting Compliance Securities 99

PYMNTS

OCTOBER 6, 2020

In Europe, the great digital shift is spurring traditional banks to play a bit of catch-up. Lilia Metodieva , managing director at Monneo , told PYMNTS platforms that link solution providers, partners, banks and merchants together can help speed that pivot toward eCommerce with agility as consumer buying patterns remain fluid — and digital.

eCommerce 94

eCommerce Banking Compliance Currencies 94

PYMNTS

DECEMBER 10, 2020

Bank of America (BofA) is introducing a cross-border payment tracker and expanding SWIFT gpi to support more than 140 currencies, accessible through the integrated CashPro platform. Customers can make payments via Bank of America’s SWIFT gpi solution. The tool is aimed at improving speed, security, transparency and compliance. .

Foreign Exchange 104

Foreign Exchange Banking Treasury Compliance 104