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The role of AI-powered risk management in fraud prevention

Future CFO

True enough, the Finance function now is not just about crunching the numbers and making use of data obtained from traditional work, as AI-powered risk management has been deemed a game-changing approach against identity theft and other fraudulent activities.

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The Backbone of Sustainable Business Growth

CFO Plans

A noteworthy example is a financial services provider that leveraged cutting-edge ROI analysis tools to assess the impact of their investments. Technology and automation are revolutionizing Strategic Financial Planning , offering advanced tools for data analysis and decision-making.

CFO 52
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Unpacking the value of digital transformation in finance

Future CFO

Leveraging data to offer informed decisions Going beyond RPA, the shift to the cloud and vast amounts of data now available means CFOs have an opportunity and expectation to broaden their focus to not only improve the bottom line, but to also contribute to the top line by leveraging data to provide actionable business insights.

Finance 96
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The Treasury Function Gets Strategic

Global Finance

That means corporate treasurers are collaborating closely with other business units and leveraging data and analytics to supply critical insights into finance and risk issues and improve cash flow. That said, AI and ML systems answer corporate treasurers’ continuing need for better ways to extract meaning from the numbers.

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Seizing opportunities in finance

Future CFO

"Now, beyond interpreting financial data, we’re now also embracing sustainability reporting and assurance – a rapidly growing field." While we need accountants with a strong foundation in accounting principles, data analysis skills, business acumen, we also need them to have a willingness to adapt to constant change.

Finance 104
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Mining big data to lead the business in the digital era

Future CFO

An essential skill for every finance professional is the ability to tell the story behind the numbers, according to Keith Chan , chief financial and technology officer at McDonald’s Hong Kong. Chan pointed out that leveraging big data with the use of AI brings business agility into the organisation. Keith Chan.

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Data Enabler Zooz Leverages Data To Drive Revenue

PYMNTS

For instance, if a merchant had the aforementioned data about Chinese customers, “the company could devise a strategy to encourage more purchases and boost revenues, such as starting to support the popular Chinese e-wallet Alipay,” Levy said. Zooz also offers secure data storage and protection for consumer information.