Future CFO

DECEMBER 12, 2024

Organisations in Southeast Asia cited security vulnerabilities, including cyber or hacking risks, as a top concern associated with the risk of using artificial intelligence. The post Southeast Asian organisations cite security vulnerabilities as top concern for AI use, study says appeared first on FutureCFO.

Securities 52

Securities Risk Management Auditing Compliance 52

CFO Share

JULY 16, 2024

CFOs must also be excellent communicators. Investor Relations CFOs manage relationships with investors to ensure sufficient capital support for the business. They foster trust and secure funding by communicating the company’s financial health, investment opportunities, and risks.

Financial Planning and Analysis (FP&A) 98

Financial Planning and Analysis (FP&A) CFO Compliance General Ledger 98

Future CFO

JUNE 10, 2024

"This includes leveraging technology to transition from physical documentation to electronic formats like e-bills of lading, reducing risk of fraud and loss." Amongst trade transaction stakeholders, MacLennan says digitisation "dramatically improves communication and collaboration."

Finance 90

Finance Compliance Communication Strategic Planning 90

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Senior accountants are responsible for managing the financial records of their organization.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

PYMNTS

MAY 9, 2018

CO-OP Financial Services said Tuesday (May 9) that it is releasing fraud-fighting tools for its client credit unions, a move that would beef up the role of artificial intelligence in helping those financial institutions become more secure.

Securities 40

Securities Risk Management Communication Leverage 40

Nerd's Eye View

MARCH 15, 2023

Risk management is a key part of many financial advisors’ value propositions. At the same time, clients face another class of risks that advisors often do not consider: cyber. using a client’s personal information for financial gain or other purposes), reputational risk (i.e.,

Risk Management 87

Risk Management Securities Accounting Planning 87

PYMNTS

MAY 21, 2020

At the same time, Treasury Prime is a technology company that enables banks to more easily collaborate with other FinTechs, again via API integrations that promote seamless communications. Aegean Baltic Bank of Greece announced late last week that it will implement risk management technology from Wolters Kluwer.

Banking 69

Banking Treasury Compliance Risk Management 69

PYMNTS

SEPTEMBER 23, 2016

Securing IT infrastructure has reached a critical tipping point. According to new research, despite the fact that cybersecurity has captured the attention of the C-suite, many IT professionals still rate their companies very low when it comes to security practices and procedures. A survey of 287 U.S. A survey of 287 U.S.

Securities 73

Securities Risk Management Budgeting Banking 73

Future CFO

AUGUST 27, 2023

You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks." Everyone else in the company is trying to meet their KPIs, grab whatever they can find on the table, and pretty much have zero already got a risk, right?

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

PYMNTS

MAY 5, 2020

This can really create a proactive communications strategy to significantly decrease the incidence of successful fraud attempts,” said Pangretic. Against that backdrop, he advocated that card programs embrace partnerships and outsource some risk management functions. Interacting With The Cardmember.

Leverage 78

Leverage Risk Management Education Communication 78

Future CFO

JULY 14, 2022

With an increasing focus on climate-related risk management and disclosures, including those under the Taskforce on Climate-Related Financial Disclosures (TCFD) framework, companies are recognising that climate change also has an impact on their businesses, operations and financials. “It CFO’s role in driving ESG strategy.

Risk Management 98

Risk Management Compliance Strategic Planning Finance 98

Beacon CFO Plus

NOVEMBER 30, 2023

How to Divide Responsibilities and Prioritize Communication The relationship between a fractional or outsourced Chief Financial Officer (CFO) and your company’s public accounting firm should be collaborative, clear, and well-defined. Data Security and Privacy: Both the CFO and the accounting firm should prioritize data security and privacy.

Accounting Firms 52

Accounting Firms CFO Accounting Prioritization 52

PYMNTS

OCTOBER 1, 2020

“As the way people pay and get paid continues to evolve, the way buyers and sellers communicate to resolve transaction disputes must also keep up with this rapid pace of commerce,” said Mary Kay Bowman , Visa’s global head of seller solutions.

Profit and Loss 73

Profit and Loss Risk Management Communication Leverage 73

CFO Plans

OCTOBER 29, 2024

This proactive approach not only aids in financial risk management but also equips businesses with the foresight needed to navigate uncertainties confidently. Establishing clear credit policies and maintaining open communication channels with clients also contribute to faster payment cycles.

Accounts Payable 52

Accounts Payable CFO Budgeting Invoicing 52

Future CFO

FEBRUARY 13, 2023

We onboarded with Docusign to facilitate more secure digital signatures for transactional and legal documents. Consign suggests continuing to optimise capital structure through liability management exercises to see if there’s an opportunity to switch financing options with the goal of reducing related costs.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

CFO Talks

NOVEMBER 29, 2024

Each step has enriched my experience, solidified my commitment to public sector finance, and prepared me for ongoing contributions to governance and skills development. As you gain experience, start paying attention to strategic thinking and risk management, which are critical at the executive level.

CFO 95

CFO Auditing Leadership Finance 95

Strategic Treasurer

MAY 22, 2023

With insights covering everything from important steps for the new treasurer to leading practices for securing resources, overcoming blind spots, staff development, metrics, technology, working capital, and more, the Guide to Excellence in Treasury eBook offers strategies and fine-tuned approaches to major areas of challenge for treasurers. .

Treasury 52

Treasury Communication Risk Management Securities 52

Global Finance

DECEMBER 6, 2024

As a result, private banks are emphasizing the importance of geographic diversification, risk management, and tactical asset allocation to navigate these challenges. Additionally, there is a growing focus on sectors and themes that can benefit from geopolitical trends, such as global security and infrastructure development.

Banking 52

Banking Communication Strategic Planning Leverage 52

E78 Partners

NOVEMBER 7, 2024

This ensures their communication systems are optimized for performance and security. Outsourcing also enables internal teams to concentrate on essential business tasks rather than getting weighed down by the challenges of telecom management.

Concentration 59

Concentration Vendor Management Communication Risk Management 59

PYMNTS

OCTOBER 31, 2016

billion by 2020, companies — particularly eCommerce retailers — are considering mobile and online innovations in payments and IoT security technology to help thwart cyberattacks. According to data from Kount, a fraud and risk management solutions provider, merchants bleed $2.27 With fraud expected to hit $7.2

Securities 76

Securities Retail eCommerce Technology 76

PYMNTS

SEPTEMBER 29, 2017

However, interest rates, FX, commodity and derivatives risk, as well as operational risk, should not be disregarded.”. Beaulande added that advanced analytics technology is now a must-have for banks to adequately manage these risks. Risk management, he continued, isn’t just about responding to threats.

Treasury 56

Treasury Banking Compliance Risk Management 56

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. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns.

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. My global risk management team and I support all of TNS’ business divisions globally, which ensures a diverse set of responsibilities and a varied working day.

Risk Management 41

Risk Management Compliance Auditing Communication 41

PYMNTS

MAY 18, 2017

What we find is a lot of clients out there have multiple systems to perform these capabilities,” he said, in reference to financial, trading and risk management systems. In the treasury space, you also have security concerns, you need to make sure that communication of, say, a payment is as secure as it can possibly be.

Treasury 40

Treasury Cash Flow Forecasting Risk Management Communication 40

PYMNTS

MARCH 6, 2019

EncoreFX and Motor City Community Credit Union (MCCCU) of Ontario are also fueling up their fraud fights related to cross-border payments. The two partnered to enable MCCCU member access to EncoreFX’s FinTech platform and risk management strategy solutions. Deep Dive: How CUs’ Security Approach Has Become a Top Selling Point.

Securities 53

Securities Risk Management Communication Banking 53

PYMNTS

APRIL 29, 2019

Smooth communications between players must be supported if payment schemes are to be interoperable. According to a post from The Clearing House (TCH), regulatory and security requirements are increasing in the financial space, impeding the speed of international payments. and Australia’s NPP. Disharmony.

Currencies 77

Currencies Risk Management Budgeting Manufacturing 77

Future CFO

MAY 22, 2024

Jackson Ng Ng thinks the CFO oversees the implementation of robust financial controls and risk management strategies to safeguard the organisation throughout the transformation journey. Overlooking cybersecurity risks or neglecting to implement adequate safeguards can expose the company to potential threats,” Ng says.

CFO 52

CFO Leadership Risk Management Communication 52

The Finance Weekly

JUNE 7, 2022

Hack may not be the most comforting word in describing cyber security strategies, but it is nonetheless of paramount importance to defend against cybersecurity breaches. However, despite all these threats, organizations can influence organizational behavior and reduce tactical errors to become more secure. Strategic mistakes 1.

Compliance 52

Compliance Risk Management Securities Prioritization 52

Future CFO

DECEMBER 7, 2023

Enhanced Risk Management : CFOs should prioritise comprehensive risk assessments, focusing on the impacts of China’s debt situation on their business operations. This means keeping sufficient cash reserves and securing flexible credit facilities to ensure operational resilience amidst market volatility.

Economics 52

Economics Currencies Communication Risk Management 52

PYMNTS

JUNE 29, 2018

In a survey of 50 IT security decision makers, the report found that only about a third have cyber insurance that covers their supply chain providers. A fifth said they don’t communicate with vendors at all when cybersecurity recovery processes are being tested.

Risk Management 49

Risk Management Communication Securities Numbers 49

Future CFO

OCTOBER 9, 2024

Risk Management: AI-driven applications can comprehensively analyze expansive amounts of financial data, identify trends and patterns, craft narratives, and suggest recommendations, thereby streamlining the process for time efficiency and enabling informed decision-making, offering a strategic advantage in speed and insight.

Risk Management 52

Risk Management Compliance Communication Leverage 52

CFO Leadership

OCTOBER 10, 2023

What data governance, privacy and security procedures do we have in place or need? Create and communicate a well-defined plan for how you intend to bring advanced AI tools into your organization and use them for transformation. Where is that data located? Is it ready to use now, and is it scalable?

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

Global Finance

JULY 24, 2024

However, in 2024, this relationship has evolved into a partnership where sub-custodians are viewed as key advisers in managing and optimizing the safekeeping and servicing of assets.” Corporate brass increasingly rely on sub-custodians for insight into market developments, regulatory changes, and risk management strategies.

Risk Management 52

Risk Management Securities Finance Leverage 52

Global Finance

JULY 24, 2024

However, in 2024, this relationship has evolved into a partnership where sub-custodians are viewed as key advisers in managing and optimizing the safekeeping and servicing of assets.” Corporate brass increasingly rely on sub-custodians for insight into market developments, regulatory changes, and risk management strategies.

Risk Management 52

Risk Management Securities Finance Leverage 52

PYMNTS

APRIL 8, 2019

RiskLens, a cyber risk management software company, has raised $20.55 RiskLens is currently the only software platform that can help clients establish quantitative and financially oriented cyber risk management programs.”. million in a series B funding round, according to reports. .

Risk Management 40

Risk Management Prioritization Communication Investments 40

PYMNTS

NOVEMBER 17, 2020

and Republic of Ireland receivables finance programs can now be accessed online, hosted securely by HPD LendScape. That aims to boost their risk management and contract governance, transformation and remedial activities. 16) press release. With that migration, AIB's whole U.K. BlackLine Launches New Cloud Modernizing Products.

B2B 57

B2B Risk Management Finance Communication 57

E78 Partners

APRIL 9, 2024

Amid these challenges, private equity funds must navigate the complexities of industry-specific compliance requirements while establishing a common risk management framework to manage cyber risks across their entire portfolio.

Investments 59

Investments Compliance Securities Benchmarking 59