Future CFO

FEBRUARY 2, 2025

Charlie Cheah , managing director, Esker Asia , believes that CFOs and in a bigger context, the Office of the CFO in Asia, face several challenges when integrating AI into financial systems, given the region's diverse technological landscape. "In Regulatory Variations: APACs regulatory environment for AI is still evolving.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 52

Bramasol

JULY 26, 2024

In this episode, we dive into five issues that are at the heart of optimizing Quote-to-Cash to Compliance with SAP Revenue Recognition and subscription management applications, including complex bundling scenarios. Closing and Reporting: How can we shorten our periodic closing cycles while assuring reporting and disclosure compliance?

SAP 80

SAP IFRS GAAP Compliance 80

PYMNTS

OCTOBER 25, 2016

25) a partnership to integrate its Trusted Digital Identity online fraud prevention and compliance automation platform with Neoway’s Advanced Data solution. IdentityMind Global announced Tuesday (Oct.

Compliance 72

Compliance Financial Systems Banking Technology 72

CFO Talks

MARCH 4, 2025

Quick Tip: Review your business finances at least quarterly and make adjustments based on the latest market trends. Spot and Manage Risks Early Financial Risks What happens if revenue drops suddenly? Market Risks Are you relying too much on one big client or product? Now imagine losing all your financial records!

Budgeting 52

Budgeting Forecasting Invoicing Sales 52

The Finance Weekly

MARCH 16, 2023

The quick and unexpected collapse of the second and third largest bank collapses in US history sent shock waves throughout the markets. Another potential impact of a bank collapse is increased market volatility, which can make it more difficult to manage investment portfolios.

Leadership 105

Leadership CFO Startups Compliance 105

PYMNTS

SEPTEMBER 21, 2020

billion transactions for potential suspicious activity and screened more than 157 million transactions for compliance with applicable sanctions requirements. And in PYMNTS’ own coverage, the twin external forces of regulatory scrutiny and market pressures are pushing FIs to retool and strengthen their anti-money laundering (AML) efforts.

Banking 139

Banking Leverage Technology Compliance 139

PYMNTS

AUGUST 14, 2019

More broadly, however, Blanco’s theme was the interconnectedness of the financial system – and how diligence and transparency is the key to combating money laundering and other financial crimes in the U.S. FinCen, he noted, has offered various forms of guidance to casinos for meeting their expanding compliance obligations.

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Compliance Currencies Financial Systems Securities 65

PYMNTS

JULY 21, 2020

Open banking is appealing to financial institutions (FIs) and regulators in many markets, even as the pandemic sweeps across the world. Regulators in other regions, including Latin America, are also shaping and announcing plans to enable open banking and better support digital financial systems.

Banking 91

Banking Financial Systems Planning Compliance 91

PYMNTS

NOVEMBER 10, 2020

Many consumers move to new countries to pursue economic opportunities, but adjusting to these locations also requires learning the ins and outs of new financial systems — a transition that can be filled with friction. customers to recipients in Asia and Europe.

Banking 86

Banking Compliance Currencies Financial Systems 86

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.

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Banking Foreign Exchange Profit and Loss Finance 111

PYMNTS

SEPTEMBER 25, 2018

. “Across our business, we strive to facilitate greater financial inclusion in emerging markets, and identity is a central component,” said EmTech’s Chief Commercial Officer Mitch Davis. “Over one billion people worldwide cannot officially prove their identity.

Technology 66

Technology Investments Compliance Financial Systems 66

PYMNTS

APRIL 22, 2020

While the digital age has opened up doors for businesses to expand internationally, it’s a bit misleading to say that it’s easier than ever for small firms to step foot into new geographic markets. ” Exploring Alternatives. “Compare it to sending an email,” he continued. ”

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Currencies Advertising B2B Finance 96

PYMNTS

DECEMBER 3, 2020

Kofax's solutions, the release stated, help to boost the speed and ease of processing financial documents and data, including automation of time-consuming manual work and easy ways to connect financial systems. The new solutions will go further toward transforming AP processes with automation.

Accounts Payable 69

Accounts Payable Accounting Invoicing Compliance 69

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

PYMNTS

JANUARY 30, 2019

The New York Department of Financial Services (DFS) announced it has fined Standard Chartered $40 million for attempting to rig transactions in foreign exchange (FX) markets between 2007 and 2013.

Profit and Loss 51

Profit and Loss Foreign Exchange Compliance Auditing 51

PYMNTS

AUGUST 23, 2019

Traki has been one of the early adopters of cryptocurrencies in Venezuela, which highlights its commitment to improve the traditional financial system,” Zac Cheah, co-founder and CEO of Pundi X, said in a press release. “We It is the first compliance alerts solution available across 15 cryptocurrencies.

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Compliance Currencies Financial Systems Sales 49

PYMNTS

DECEMBER 28, 2020

Pan Gongsheng as saying that officials criticized Ant for poor corporate governance, defiance of regulatory demands, illegal regulatory arbitrage, the use of its market advantage to squeeze out competitors and harming consumers’ legal interests. A Growing Crackdown .

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Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

MAY 15, 2019

As he told Webster, “when you combine Earthport and Visa, we now stand in front of virtually 100 percent of the globe in terms of a reach equation,” with what he termed “bank-grade-type compliance and risk management in the operating structure provided by Visa’s network.”. Single Point Of Connection. That’s what we are driving [toward].

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Treasury B2C Financial Systems Banking 74

PYMNTS

NOVEMBER 2, 2020

The ministry’s AML and CFT policies incorporate the suggested policies set by the Financial Action Task Force (FATF) and will be monitored by the Caribbean Financial Action Task Force (CFATF). During phase one, VASPs will have to demonstrate their compliance with these standards, according to the release.

Banking 64

Banking Risk Management Compliance Currencies 64

PYMNTS

FEBRUARY 20, 2019

“Blockchain intelligence is increasingly important in the crypto ecosystem, and is necessary to achieve our mission of bringing the open financial system to the world,” wrote Varun Srinivasan, engineering director at Coinbase, in a blog post. Bitcoin is approaching $4,000 for the first time since the beginning of the year.

Analyzing Data 65

Analyzing Data Compliance Financial Systems Investments 65

PYMNTS

SEPTEMBER 17, 2020

Bad habits of saving important documents any old place, and assuming you and coworkers can easily find them later, rarely flies in industries where compliance is key.". Integrating financial systems and workflows with document management technology can support automated organization as well as data capture.

Accounts Payable 63

Accounts Payable Compliance Invoicing Finance 63

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. he remarked. Chinese regulatory shifts mean world changes .

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Compliance Banking Securities Financial Data 64

PYMNTS

OCTOBER 10, 2016

Already, the banking sector has spent $17 billion on Big Data and data analytics solutions in 2016; financial services is likely to remain Big Data’s top market in the future, according to research. A 0.23% decrease in small business hiring in September suggests SMEs in the U.S.

Investments 74

Investments B2C B2B Banking 74

PYMNTS

JANUARY 18, 2019

Last month, the EU Blockchain Forum urged the European government to deploy the technology for digital identities , calling the use case “the fundamental building block, and a key area for governments to focus on to promote risk mitigation, compliance and trust in the financial system.

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B2B eCommerce B2C Communication 78

PYMNTS

OCTOBER 17, 2016

. $740 million went unclaimed by SMEs simply because they forgot to cash a check last year , meaning mobile remote deposit capture (mRDC) technology providers have a major opportunity to push their solutions into the SME market. So, why aren’t small businesses adopting automation technology for their procure-to-pay needs?

Technology 76

Technology Invoicing Financial Analysis B2B 76

PYMNTS

AUGUST 26, 2019

Waters met with Swiss lawmakers, people from the office of Switzerland’s State Secretariat for International Financial Matters, the Federal Data Protection and Information Commissioner and the Financial Market Supervisory Authority.

Currencies 58

Currencies Compliance Financial Systems Investments 58

Beacon CFO Plus

SEPTEMBER 27, 2023

Financial Compliance and Reporting: Startups must comply with financial regulations and reporting standards. They oversee financial reporting, tax compliance, and internal controls, reducing the risk of costly financial penalties. Scalability: As startups grow, their financial needs become more complex.

Startups 52

Startups Compliance CFO Financial Modeling 52

PYMNTS

FEBRUARY 26, 2020

Back then, FinTechs asked for forgiveness instead of permission, rushing headlong into markets, disrupting them and operating in newly invented spheres of finance that regulators barely understood. It’s ushering in a new era of regulation and compliance – and there will be ramifications. Now, they’re laying down the law.

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Compliance eCommerce Financial Systems Banking 52

PYMNTS

SEPTEMBER 18, 2019

The key seems to be for those financial markets to be based on blockchain. Options and futures clearinghouses, among other markets, could be automated. As the author notes, “the regulator’s goal is neither a specific market structure nor a specific form of exchange.

Banking 43

Banking Compliance Finance Financial Systems 43

PYMNTS

JULY 26, 2017

In some ways, the risks facing banks are longstanding: Non-traditional FIs and innovation are forcing banks to rethink their position in the market. The federal banking system is, and should be, a source of strength for the nation and its economy. Today, the federal banking system remains healthy,” he continued. “As Compliance.

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Banking Compliance Currencies Concentration 46

PYMNTS

SEPTEMBER 21, 2018

.” Suplari’s AI capabilities enable automation of contract, spend and supplier management, as well as the ability to analyze data stemming from those processes, he noted, pointing to opportunities to enhance profit, risk and compliance efforts.

Analyzing Data 53

Analyzing Data Finance Compliance Financial Systems 53

PYMNTS

JUNE 17, 2020

“Commerzbank London’s failings over several years created a significant risk that financial and other crime might be undetected,” Mark Steward, executive director of enforcement and market oversight for Britain’s Financial Conduct Authority (FCA), said in a statement accompanying the announcement.

Compliance 52

Compliance Financial Systems Banking Numbers 52

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. Ready to transform your financial operations?

Accounting 52

Accounting CFO Compliance Financial Reporting 52

PYMNTS

SEPTEMBER 20, 2018

We designed an ecosystem that is both competitive and interoperable, planned it around the existing financial system and built up the necessary infrastructure and features to support that desired outcome,” said Ong Ye Kung, MAS board member and education minister, in a speech.

Education 63

Education Compliance Financial Systems Banking 63

PYMNTS

JUNE 17, 2016

According to reports, these regulations are forcing businesses to either pass the cost of compliance onto their customers or to delay investments, the survey found. The COC concluded that 29 percent of businesses surveyed said they increased prices for customers in the wake of financial services markets regulation.

Compliance 40

Compliance Financial Systems Investments Economics 40

PYMNTS

JUNE 18, 2019

.” Indeed, a volatile, uncertain market can mean organizations need to watch their spend closely, and remain financially stable to withstand any market downturns. However, that market volatility has also shed light on the importance of vendor selection to mitigate an array of risks beyond spending too much money.

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Compliance Securities Invoicing Currencies 50

PYMNTS

JUNE 23, 2016

The technology is typically used by financial institutions to help prevent fraud when customers open a new bank account or when issued credit or debit cards. But it can also be utilized in applications across fraud prevention and compliance to help businesses adhere to anti-money laundering (AML) regulations.

Investments 42

Investments Securities Compliance Financial Systems 42