PYMNTS

OCTOBER 13, 2020

Across the globe, terrorists and criminals are leveraging cryptos in what is gearing up to be a significant national security threat to the United States. That’s according to the U.S. The terrorist threat, in particular, represents what the report termed “the first raindrops of an oncoming storm.” Cryptos also help bad actors avoid sanctions.

Compliance 82

Compliance Currencies Financial Systems Leverage 82

PYMNTS

NOVEMBER 30, 2020

WatchDOG AML is a “holistic” anti-money laundering ( AML ) solution that works to prevent financial crime by “identifying suspicious activity in real time with an enterprise transaction monitoring system,” the companies said in a statement on Monday (Nov.

Risk Management 63

Risk Management Compliance Financial Systems Leverage 63

PYMNTS

SEPTEMBER 23, 2019

Credit scoring and analytics company FICO is launching the FICO Falcon X and the FICO Financial Crimes Studio to help data scientists leverage artificial intelligence (AI) technology to help with the detection of financial crimes, according to a release by the company.

Compliance 52

Compliance Leverage Financial Systems Finance 52

Future CFO

DECEMBER 17, 2024

As CFOs drive their organisations' digital transformation, collaboration with banks is essential for leveraging technologies like AI, machine learning, and blockchain. Sethi points out that while banks have made significant investments in upgrading legacy systems, the digital transformation journey continues.

Banking 52

Banking Risk Management Leverage Compliance 52

CFO Talks

SEPTEMBER 26, 2024

It outlines compliance requirements such as annual financial statement submissions, director duties, and shareholder rights. CFOs must ensure compliance with various tax deadlines, proper record-keeping, and adherence to SARS guidelines to avoid penalties and interest charges.

IFRS 52

IFRS Compliance Auditing Financial Reporting 52

Global Finance

OCTOBER 11, 2024

The banks “failed as a result of a combination of unrealized interest rate losses from their long-term, fixed-rate assets and the loss of the low-rate deposits that had funded these assets,” Larry Wall, research center executive director of the Atlanta Fed’s Center for Financial Innovation and Stability, explained in a blog post.

Banking 111

Banking Foreign Exchange Profit and Loss Finance 111

CFO Plans

SEPTEMBER 24, 2024

However, with the advent of scalable accounting solutions, businesses of all sizes can streamline their financial operations and focus on growth. Imagine having a seamless financial system that not only saves you time but also propels your business forward.

Accounting 52

Accounting CFO Compliance Reconciliations 52

PYMNTS

SEPTEMBER 21, 2018

” “There is a wealth of data flowing through an enterprise’s financial and procurement systems,” continued Parekh. “Unfortunately, leveraging and acting on that data is difficult. Finance and procurement are generally last in line for engineering or data science resources.”

Analyzing Data 53

Analyzing Data Finance Compliance Financial Systems 53

Future CFO

DECEMBER 11, 2024

Sethi points out that while banks have significantly invested in upgrading legacy systems, the digital transformation process is still ongoing. He categorises these investments into "Run the bank," which focuses on maintaining day-to-day operations and regulatory compliance, and "Change the bank," which involves transformational initiatives.

Banking 52

Banking Risk Management Compliance Investments 52

PYMNTS

JULY 26, 2017

“Today, the federal banking system remains healthy,” he continued. “As As outlined in the report, however, the OCC again identifies issues related to strategic, credit, operational and compliance risks as top concerns.”. Compliance. As is often the case with banks, risks of non-compliance remain high, the OCC noted.

Banking 46

Banking Compliance Currencies Concentration 46

Future CFO

NOVEMBER 15, 2023

Integration and Automation CFOs should integrate spreadsheets with other financial systems and applications to ensure seamless data flow and reduce the risk of errors during manual data transfers. This might involve implementing automated compliance checks and utilising tools that provide real-time alerts for potential risks.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

CFO Plans

AUGUST 9, 2024

Modern businesses need comprehensive financial strategies that ensure compliance, drive growth, and improve efficiency. Discover how CFO Plans can transform your financial management and set your business on the path to success. Leverage remote accounting support for your global business.

Accounting 52

Accounting Tax Planning CFO Startups 52

E78 Partners

NOVEMBER 11, 2024

Preparing for an IPO or Major Fundraising: If your company is preparing to go public or raise capital, an interim CFO can help with compliance, financial reporting, and investor relations. By leveraging these services, organizations can navigate complex financial landscapes effectively and position themselves for long-term success.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

PYMNTS

MARCH 26, 2018

Candex brings the speed and ease of consumer payment apps to large businesses, leveraging a private blockchain to ensure compliance and massively streamline financial system records.”.

Accounts Payable 43

Accounts Payable Vendor Management B2B Startups 43

PYMNTS

JUNE 5, 2020

Many FinTechs offering financial services are legally required to implement AML measures and perform know your customer (KYC) checks, according to Financial Crimes Enforcement Network (FinCEN) regulations. The federal entity is charged with monitoring the U.S. Even if your products are not covered per FinCEN in the U.S.,

Securities 69

Securities Banking Leverage Accounting 69

E78 Partners

NOVEMBER 11, 2024

Preparing for an IPO or Major Fundraising: If your company is preparing to go public or raise capital, an interim CFO can help with compliance, financial reporting, and investor relations. By leveraging these services, organizations can navigate complex financial landscapes effectively and position themselves for long-term success.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

E78 Partners

NOVEMBER 11, 2024

Preparing for an IPO or Major Fundraising: If your company is preparing to go public or raise capital, an interim CFO can help with compliance, financial reporting, and investor relations. By leveraging these services, organizations can navigate complex financial landscapes effectively and position themselves for long-term success.

Leadership 52

Leadership CFO Restructuring Strategic Planning 52

Michigan CFO

JUNE 7, 2023

Virtual CFOs leverage cloud-based accounting systems, collaborative tools, and remote communication to provide financial services to businesses on a part-time or “fractional” basis. Virtual CFOs act as strategic partners, helping businesses navigate financial challenges and capitalize on opportunities.

CFO 52

CFO Problem Solving Budgeting Communication 52

Global Finance

JULY 29, 2024

Banks inject trust into the financial system,” says Sandeep Vishnu, a partner at industry consultant Capco. At the corporate level, a private credit or leveraged-loan syndicate will likely secure bank credit lines as an anchor. of financial assets, the FSB reports. India is the prime example.

Banking 59

Banking Profit and Loss Financial Systems Technology 59

Future CFO

MAY 2, 2023

Mike Polaha: Finance transformation aims to revolutionise corporate finance strategy and processes with three main objectives in mind - driving operational efficiency, ensuring functional effectiveness and improving employee experience - all while progressing to improve the function’s overall compliance footprint.

Finance 52

Finance Benchmarking Communication Education 52

PYMNTS

APRIL 4, 2018

Today, they mostly can’t – but in the world of Petal’s newly released product with WebBank , it is their sincere hope that availability becomes a more regular part of the financial system, and soon. Before we ever sought a dime of angel investment dollars, we were talking to financial regulators in D.C. The Long March.

Math 53

Math Education Compliance Forecasting 53

PYMNTS

OCTOBER 8, 2018

Banks have earned the trust of people and businesses because they keep the money stored within them safe and keep the integrity of our financial system intact. Leveraging those networks to enable bank account to bank account payments clearing and settlement is being piloted today to support cross-border payments efficiencies.

B2B 76

B2B Banking Economics Securities 76

PYMNTS

OCTOBER 10, 2016

They don’t so much like the difficulty in securing bitcoin vaults (as evidenced by the numerous and expensive hacks that seem to be endemic to bitcoin storage) and the simple fact that it is hard to incorporate digital currency systems into the highly regulated and compliance-focused environments that all large international banks exist in.

Currencies 60

Currencies Advertising Banking Compliance 60

Future CFO

JULY 20, 2020

Traditionally, CFOs are responsible for managing the financial actions and decisions of a company. While the traditional tasks such as bookkeeping, financial reporting and statutory compliance are still important, the role of a modern CFO today has progressed to become more cross-functional.

CFO 52

CFO Leadership Finance Technology 52

Global Finance

SEPTEMBER 5, 2024

Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cash management for small and midsize enterprise (SME) clients. One innovation that arose from the lab was Financial Manager Ailos 360°.

Startups 52

Startups Finance Banking Technology 52

Spreadym

JUNE 27, 2023

Compliance and Regulation: Financial Planning and Analysis ensures compliance with financial regulations, accounting standards, and reporting requirements. Data Management and Systems: FP&A analysts are responsible for managing financial data and ensuring data integrity.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Planning Financial Analysis Budgeting 52

PYMNTS

MARCH 28, 2016

The cost associated with check processing and the lose-lose business model for check clearing imposed on banks by the Fed is one of reasons that checks are such a drag on the financial system. And a complicating factor for how to monetize “faster payments” in the U.S. Checks are issued at par. It’s amazing how well that worked.

Accounting 48

Accounting Banking Financial Systems Retail 48

Barry Ritholtz

FEBRUARY 13, 2023

You know, people are comfortable, leverage builds. Tell us a little bit about what you do on Twitter and how was it getting that through legal and compliance? RIEDER: Well, first of all, anything I tweet goes through legal and compliance before it gets out there, first part. You know, the leverage in the system builds.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Investments Marketing Education 59

Global Finance

OCTOBER 31, 2024

This development is designed to ensure stability in the Australian financial system, as these banks collectively represent over 70% of banking system assets. In addition to solid operating performance by many banks, regulatory requirements are also contributing to enhanced capital positions.

Banking 59

Banking Profit and Loss Risk Management Leadership 59

PYMNTS

OCTOBER 7, 2019

Questions about regulatory compliance related to money laundering were reported to be the reason for PayPal’s exit. Libra took the position that the financial system is broken and that the cross-border movement of money is too expensive and clunky. Alipay leveraged existing bank and card rails to scale. So now what?

Currencies 79

Currencies Advertising Construction Financial Systems 79

PYMNTS

JANUARY 7, 2019

That’s the lesson for payments and financial services sectors: You don’t have to ditch everything that exists to extract new value from it. So, while big-bang innovators continue to beat their press release drums about how good things might be one day, incremental improvements that build on existing systems continue to move the needle.

Retail 82

Retail Leverage Numbers Sales 82

Onplan

NOVEMBER 30, 2022

Our guide to the best FP&A tools compares each vendor based on five criteria: Adoption — How easy it is for users to adopt the technology and learn and leverage its full extent of features and capabilities. Because it’s from the same vendor, Adaptive works best with Workday Financial Management and Human Capital Management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Budgeting Forecasting Planning 52