Sat.Mar 28, 2020 - Fri.Apr 03, 2020

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New Facial Recognition Policy Signed Into Law In Washington State

PYMNTS

Washington State Governor Jay Inslee signed a bill on Tuesday (March 31) establishing specific rules – backed by Microsoft – governing facial recognition software, according to a blog by Bill Smith, president of Microsoft. “This legislation represents a significant breakthrough – the first time a state or nation has passed a new law devoted exclusively to putting guardrails in place for the use of facial recognition technology,” Smith said in the post.

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SaaS CAC Ratio | How to Calculate and Why It Matters

The SaaS CFO

The cost of customer acquisition is one of the most analyzed SaaS metrics. But it doesn’t have to be complex or hard to calculate. Enter the SaaS CAC Ratio. Slightly different than CAC (customer acquisition costs), the CAC ratio studies the relationship between new and expansion bookings and sales and marketing expense. It’s different than […].

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How Digital Native & Cloud Native Will Influence FP&A

Jedox Finance

The definition of “cloud native” can vary significantly depending on who you ask. Of the most common jargon used to talk about the changes in technology and business, it is unlikely it would be the first thing that comes to mind. ( Digital Transformation , anyone?) However, that is changing fast. In this blog post, we’ll dig deeper into digital native, cloud native, and how it will influence the work of FP&A professionals.

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COVID-19: Quarantined

Future CFO

With Covid-19 sweeping across the globe, Euler Hermes is expecting a sharp global recession in 1H 2020 followed by a U-shaped recovery. The company has revised its global economic forecasts for upcoming years. . Download The post COVID-19: Quarantined appeared first on FutureCFO.

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The Human Side of Finance: The Intersectionality of People, Culture, Adaptability, and Resilience

Speaker: Melissa Hurrington

Finance isn’t just about the numbers. It’s about the people behind them. In a world of constant disruption, resilient finance teams aren’t just operationally efficient. They are adaptable, engaged, and deeply connected to a strong organizational culture. Success lies at the intersection of people, culture, adaptability, and resilience. Finance leaders who master this balance will build teams that thrive through uncertainty and drive long-term business impact.

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Egypt Limits Bank Withdrawals, Deposits To Curb Inflation, Hoarding

PYMNTS

In Egypt, banks have been told to impose a limit on cash withdrawals and deposits in a move to hopefully stop hoarding and inflation. The new limit will be 10,000 Egyptian pounds ($635) and 50,000 pounds for companies per day. There will be exceptions for those using the money to pay employees, according to a central bank statement. There will also be a limit of 5,000 pounds on ATM withdrawals and deposits, the statement said.

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Guide to CARES Act Small Business Relief Programs – COVID-19

Business Credit Blogger

Guide to CARES ACT Small Business Relief – COVID-19 The coronavirus pandemic is affecting small businesses all across America. Things are changing fast during the COVID-19 outbreak. In today’s post we’re going to help you navigate this challenging time by going over several ways you can get cash from the Coronavirus Aid, Relief, and Economic […].

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Egencia leads in IDC MarketScape cloud-enabled travel booking solution

Future CFO

Travel is a personal experience. But with travel costs now accounting for the second-largest controllable expense, companies are looking for ways to better manage the process while improving the experience of its travelling employees. This IDC MarketScape on SaaS and cloud-enabled corporate travel booking applications for vendor assessment 2019 evaluates Egencia ’s SaaS solution in delivering the ease-of-use, convenience, flexibility and security that corporate wants.

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Blockchain Finds New Home In Retail Food Supply

PYMNTS

Food retailers need to embrace a new term: digital traceability. It describes a new process that shows the importance consumers are placing on the origins of their food in the throes of the current coronavirus pandemic. And it could be one of the killer apps for blockchain. “We will be tracing everything around food production, and what we do in terms of managing animals because this (coronavirus) came from animals,” said NZX Head of Analytics Julia Jones.

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Private Equity: The Weight of the COVID-19 Crown

CFA Institute

What happens to private equity valuations when public equity markets collapse?

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Maximizing Profit and Productivity: The New Era of AI-Powered Accounting

Speaker: Yohan Lobo

In the accounting world, staying ahead means embracing the tools that allow you to work smarter, not harder. Outdated processes and disconnected systems can hold your organization back, but the right technologies can help you streamline operations, boost productivity, and improve client delivery. Dive into the strategies and innovations transforming accounting practices.

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How to have successful team catchups and run effective meetings, remotely

Creative CFP

When working remotely one needs to put more effort and structure into coordinating teamwork, and ensuring each person can ask for help and get the support they need. You won't be able to quickly walk over and ask for help or see that someone is struggling and needs a hand. Regular catchups, with a good meeting structure, go a long way to ensuring that all team members have the opportunity to: Check-in on how they are doing.

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Simplifying complex travel programs

Future CFO

A Phocuswright. survey of travel managers revealed that while cost savings are still the highest priority, the percentage of travel managers who give it high importance dropped from 59% in 2015 to 47% in 2018. Traveller well-being is now the second most important consideration for travel managers behind cost savings. Business travellers want frictionless online and mobile experience.

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How COVID-19 Is Transforming Supply Chains – And Industrial Real Estate Demand

PYMNTS

The universal characteristics of the coronavirus are change and speed. The virus is spreading quickly around the globe, of course, and has abruptly changed life for billions of people. And in an interview with Karen Webster, Chris Caton, senior vice president and head of global strategy and analytics at Prologis , supply chains are about to change as well.

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Accounting Matters: Standard Setters Weigh Goodwill Changes

CFA Institute

The complexities of accounting for intangible assets and goodwill are not conducive to a quick fix.

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Smarter Card Solutions: Meeting the Challenges of Mid-Market Travel & Expense

Our 2025 Center Travel Survey is clear: as corporate travel increases, so does corporate credit cards distribution, and a rise in off-platform travel booking. This 61% rise causes various challenges: compliance, spend control, reporting problems, and a lack of visibility across organizations. To evolve with the ever-changing needs of travelers, decision-makers need a better solution.

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Helpful FP&A Resources from Experts

Planful

Resources, Guides, and Advice From Peers and Experts. Right now, business leaders are turning to the Finance department for answers. As a finance professional, you’re tasked with bringing clarity to one of the most unpredictable, uncertain, and unprecedented crises our modern society has ever seen. You need all the information, advice, and tools you can get.

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The highly effective CFO and how to take finance into the future

Future CFO

“Great leaders are almost always great simplifiers, who can cut through argument, debate and doubt to offer a solution everybody can understand.”– General Colin Powell. We are living in a period when technology and society are evolving faster than businesses can naturally adapt. The stage is set for a new generation of business models, for leaders that lead to change.

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Ripple Powers X-Border B2B Payments For Thai Bank SCB

PYMNTS

As it aims to provide small businesses and enterprise clients with instant payments, Siam Commercial Bank (SCB) of Thailand is poised to open up its consumer cross-border payments app, which is powered by Ripple, to companies. The financial institution had harnessed RippleNet earlier in 2020 to link up with banking partners globally, according to reports.

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Dispelling the Misperceptions: Three Ways ETFs Benefit Financial Markets

CFA Institute

Lingering concerns that exchange-traded funds (ETFs) have injected new risks into the system are misplaced.

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Bringing AI to Finance: How to Leverage Technology for Efficiency and Control

Finance teams are balancing more than ever, but manual processes shouldn’t slow you down. In this ebook from BILL, discover how AI is transforming finance—automating AP, expense tracking, and document management to reduce errors, increase efficiency, and improve financial control. Learn how real companies are using AI-powered automation to streamline workflows, detect anomalies, and gain deeper insights.

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What Banks Still Don’t Know About Getting The SBA’s $350B To SMBs

PYMNTS

Facing an economic emergency tipped off by the unprecedented coronavirus pandemic landing on American shores, the federal government in an uncharacteristic burst of speedy bi-partisan cooperation passed the $2.2 trillion CARES Act , a massive stimulus effort meant to keep citizens and businesses whole and afloat while the world rides out the outbreak.

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Bitcoin Daily: Banque de France Seeks CBDC Experiment Applications; Bitget Looks To Grow In The US

PYMNTS

The Banque de France is seeking applications “to experiment with a central bank digital currency for interbank settlements,” according to an announcement from the French central bank. The organization said that “the aim is to explore the potentialities offered by this technology, and to identify concrete cases integrating Central Bank Digital Currencies [CBDC] in innovative procedures for the clearing and settlement of tokenized financial assets.” The submission deadline for di

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Venmo, Square Cash Vie For Stimulus Funds Distribution

PYMNTS

Venmo and Cash App want to be considered as ways the U.S. government could deliver its stimulus funds to help the coronavirus-wrecked economy. The popular apps have seen widespread use in recent years, though the government thus far has not adopted either one for any official means. The parent companies of both apps have discussed this possibility with the Treasury Department, though it is unclear if the proposition has been seriously considered.

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Open Banking Platfom Tink Acquires Eurobits

PYMNTS

European open banking platform Tink will now have more room to expand with the acquisition of Eurobits , which works in account aggregation technology, according to a press release. Eurobits, the release states, works with banks and FinTech companies like BBVA, Santander, Sabadell and Fintonic, and the new partnership will give Tink more room to grow in Europe.

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Say ‘Goodbye’ to Clunky Spreadsheets and Say ‘Hello’ to Month-End Automation

Technology is rapidly changing the way accountants perform and manage month-end activities. Spreadsheets, emails, and shared drives no longer need to slow you down. In under four weeks, your team can start reaping the benefits of month-end close automation by vastly reducing spreadsheets, cut down on reconciliation work, speed up the month-end close, and better manage your remote team.

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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. This issue is present in almost every industry, as the $70.3 billion spent on TV advertising in 2019 illustrates. FIs have an intrinsic advantage in offering customers the right products at the right times, however.

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Australia To Test Coronavirus Vaccine; US Doctor Claims To Have Potential Cure

PYMNTS

Australia’s national science agency plans to test a pair of vaccines over the next 90 days, part of a global race to stop the coronavirus pandemic. As researchers scramble for a cure, a doctor featured in “Pandemic,” a Netflix documentary, announced his team may have discovered a coronavirus cure which will now be tested by the U.S. military. DW.com, Germany’s international news outlet, reported the Australian government scientists have begun the first stages of testing for a potential vaccine a

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Bottomline Helps Small Businesses Apply For COVID-19 Relief Funding

PYMNTS

New Hampshire FinTech Bottomline Technologies has launched a free initiative to help the nation’s banks provide relief to small businesses hurt by the COVID-19 pandemic. On Thursday (April 2), Bottomline Technologies announced it will offer lenders a simplified Small Business Administration (SBA) loan application platform to originate credit online under the “Paycheck Protection Program.”.

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New Data: What COVID-19 Is Doing To Main Street SMBs

PYMNTS

For most small businesses, the dawn of the new decade was filled with optimism for their futures. Consumer confidence was at an all-time high, and unemployment at an all-time low. Consumer spending was strong, as were their household balance sheets. For most SMBs , 2019 was a banner year, and 2020 was expected to be nothing less than spectacular. Two-thirds (66 percent) of SMBs expected to see their revenues grow beyond — even well beyond — what they had booked in 2019.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.