CFO News

FEBRUARY 23, 2024

Indian banks are facing a hidden threat in their unsecured credit portfolios, with banks like IndusInd Bank, Bandhan Bank, and Yes Bank showing signs of stress. Despite strong earnings and reduced bad loans, the increase in unsecured loans could lead to a rise in bad loans in the future.

Financial Systems 52

Financial Systems Retail Banking 52

CFO News

MAY 8, 2023

Briefing reporters about the outcome of the 27th meeting of the Financial Stability and Development Council (FSDC), headed by finance minister Nirmala Sitharaman, Seth said, "We see that the global financial situation is daunting, but at the same time, the Indian economy and financial sector is well protected and well regulated.

Financial Systems 52

Financial Systems Economics Finance 52

Future CFO

JANUARY 22, 2025

For instance, adopting cloud-based financial systems can enable real-time and multi-location data access, fostering a more agile and collaborative decision-making environment. CFOs can facilitate this agility by leveraging technology to streamline processes, ensure data integrity and improve cross-functional collaboration.

Risk Management 98

Risk Management Compliance Finance Leverage 98

Global Finance

JANUARY 31, 2025

We remain committed to delivering exceptional services to our clients as we drive financial inclusion and innovation globally. This development cements Vista Banks position as a rising star in African banking, advancing its vision of connecting Africas digital economy to the global financial system.

Banking 71

Banking Financial Systems Economics Leverage 71

CFO Talks

NOVEMBER 20, 2024

As a CFO, you’re not just preparing one financial report—you’re preparing two, and they need to align without creating confusion for your investors. Invest in strong financial systems that allow for dual reporting.

IFRS 98

IFRS GAAP Currencies CFO 98

Future CFO

FEBRUARY 14, 2025

Cloud-based financial systems have improved collaboration, making data more accessible while ensuring compliance with evolving regulations." This highlights the ongoing need for high-performance, reliable infrastructure to support ERP, CRM, and financial systems."

Cash Flow Forecasting 78

Cash Flow Forecasting Compliance Leverage Reconciliations 78

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Banking 139

Banking Financial Systems Concentration Currencies 139

Global Finance

NOVEMBER 7, 2024

This “Great Wealth Transfer” will impact millions of people around the world and could potentially open up exciting opportunities to reshape our financial systems and redistribute wealth to support both people and our planet.

Banking 105

Banking Communication Investments Education 105

Global Finance

DECEMBER 26, 2024

Connectivity suites like GTreasurys ClearConnect integrate with over 13,000 banks, providing comprehensive visibility across currencies and financial systems. Connectivity goes beyond data aggregation. The post The FX Automation Revolution: Hedge Trackers LLC’s Ashley Pater appeared first on Global Finance Magazine.

Treasury 59

Treasury Risk Management Currencies SAP 59

Future CFO

DECEMBER 4, 2024

Also, the rising prominence of digital currencies and Blockchains will require finance leaders to reassess business models, financial systems, and transaction processes in a rapidly changing environment.”

Finance 98

Finance Leadership Problem Solving Benchmarking 98

The Charity CFO

MAY 6, 2022

Your financial system must be in good working order before you even consider applying for federal funding. In fact, the government places very rigorous financial reporting requirements on organizations that receive federal funding. Sometimes you need to make an aggressive move to push your mission forward.

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Nonprofit Auditing Financial Systems CFO 119

CFA Institute

OCTOBER 21, 2022

The impact of Fed policy on the global financial system is yet another feature of the COVID-19 pandemic that caught investors off guard.

Financial Systems 85

Financial Systems Economics Banking 85

Barry Ritholtz

NOVEMBER 26, 2024

Is the whole DeFi nonsense, the decentralized finance turns out to have been a narrative that kind of faded away because crypto for all the talk about “outside of the financial system” has been dragged kicking and screaming right into the heart of the financial system. Moving into the traditional financial system.

Investments 59

Investments Currencies Financial Systems Marketing 59

PYMNTS

DECEMBER 21, 2020

With UPI, money transfers can be set up without having to share bank details or source, using a virtual payment address instead of the usual bank account numbers or Indian Financial System Code (IFSC).

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Financial Systems Banking Accounting Numbers 112

PYMNTS

AUGUST 31, 2020

Lastly, these cloud-native architectures can take advantage of built-in instrumentation so that system health is self-regulated and the customer expectation of an always-on experience is met,” he said. Self-regulating financial systems sound too good to be true – and it’s not quite that simple. Advantages Found in the Cloud.

Banking 135

Banking Financial Systems Technology Numbers 135

CFO Talks

OCTOBER 16, 2024

Define Clear Goals and Objectives Before diving into any financial project, it’s crucial to define what success looks like. Whether it’s improving cash flow, reducing costs, or upgrading financial systems, each project must have clear, measurable goals. How will we measure success?

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CFO Risk Management Financial Systems Communication 98

Global Finance

MARCH 4, 2025

Autret-Cornet: AI has been implemented for two years in our financial system. OSE recently announced a strategic collaboration in this space with Scienta Lab, a leader in AI-driven precision immunology. GF: How are you making use of AI in finance at OSE?

CFO 52

CFO Pharmaceutical Finance Risk Management 52

PYMNTS

JANUARY 22, 2021

22) report, wants to prevent events like the collapse of a major financier in 2018 — which continues to have effects on the financial system even now. The Reserve Bank of India , according to the Friday (Jan.

Banking 109

Banking Financial Systems Leverage 109

PYMNTS

OCTOBER 19, 2020

That is in addition to examining how CBDCs would impact the stability of the financial system and monetary policy, and concerns that digital currencies could also help shield nefarious activities. The Fed chief, noting that the U.S.

Currencies 108

Currencies Banking Financial Systems 108

PYMNTS

DECEMBER 17, 2020

The company's goal is to meld its crypto focus with the existing financial system and to make bitcoin more accessible to more people, WSJ reported. There are other crypto companies that trade publicly in the U.S., although none are as large as Coinbase, which was recently valued at $8 billion.

Financial Systems 108

Financial Systems Securities Marketing 108

The Charity CFO

MARCH 13, 2025

Heres How to Prepare The financial landscape for nonprofits is shifting, and the pressure is mounting. With government funding and donor contributions facing heightened scrutiny, nonprofit leaders must ensure their financial systems are rock solid.

Nonprofit 52

Nonprofit Auditing Compliance Leadership 52

PYMNTS

MARCH 19, 2020

We appreciate the FDIC’s thoughtful approach to our application and their recognition that Square Capital is uniquely positioned to build a bridge between the financial system and the underserved,” said Jacqueline Reses, Square Capital lead and executive chairwoman of the board of directors for Square Financial Services.

Banking 110

Banking Financial Systems Finance Sales 110

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe.

Financial Systems 76

Financial Systems Finance Technology Securities 76

PYMNTS

SEPTEMBER 17, 2020

has “half of all Black Americans excluded from the financial mainstream and Black-owned small businesses excluded from funding opportunities.”. Our financial system has systemically disadvantaged and excluded Black communities throughout this country’s history,” said Frank Altman , founder and CEO of the Community Reinvestment Fund, USA.

Concentration 113

Concentration Economics Financial Systems Investments 113

PYMNTS

JULY 19, 2020

Rajnish Kumar, chairman of the State Bank of India , the country’s largest lender, said the resurgence of the coronavirus jeopardizes reform of the financial system, the Financial Times (FT) reported. “If India’s banking system has been plagued by one of the world’s highest bad-loan ratios.

Banking 81

Banking Financial Systems Marketing 81

PYMNTS

APRIL 13, 2020

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. This most recent black swan is proving that online financial services are a lifeline.

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Education Financial Systems Entertainment eCommerce 103

Future CFO

MARCH 10, 2025

Effective integration of AI technologies Integrating AI into existing financial systems poses unique challenges for organisations. This enables finance leaders to adapt to changes progressively while ensuring that AI tools align with legacy systems.

Finance 52

Finance Invoicing Compliance Leverage 52

PYMNTS

NOVEMBER 14, 2019

Wing was founded in 2009 as a way to include Cambodia’s unbanked and underbanked population participate in the financial system in the country, and it provides services like money transfers, bill payments and phone top-ups. Cambodian migrant workers sent about $1.4

Financial Systems 101

Financial Systems Banking Numbers Accounting 101

PYMNTS

AUGUST 6, 2020

In an interview, the London-based executive projected that a transition to an all-blockchain-based financial system, with all assets and liabilities native to that, could happen in “the next five to 10 years,” CNBC reported. “So

Forecasting 103

Forecasting Currencies Financial Systems Finance 103

PYMNTS

NOVEMBER 16, 2020

“The do-not-harm approach is highly cognizant of not letting overregulation stifle innovation, and supports finding the optimal balance between innovation, the concomitant risks and the wider safety of the financial system,” the paper stated. Meanwhile, Binance on Monday (Nov.

Currencies 118

Currencies Financial Systems Securities Investments 118

PYMNTS

JANUARY 15, 2021

These violations, said FinCEN, “caused millions of dollars in suspicious transactions to go unreported in a timely and accurate manner, including proceeds connected to organized crime, tax evasion, fraud, and other financial crimes laundered through the bank into the U.S. financial system.”.

Banking 107

Banking Compliance Currencies Financial Systems 107

PYMNTS

OCTOBER 22, 2018

“At PayPal, we believe that everyone should have access to transparent, convenient and secure financial services,” said Mark Britto, senior vice president and general manager of global credit for PayPal , in the press release announcing the investment.

Investments 77

Investments Marketing Financial Systems Leverage 77

PYMNTS

DECEMBER 1, 2019

“Your Central Bank today is more committed to creating wealth and putting in place strong policies for creating jobs for our growing youth population; your Central Bank today is ever more committed to promoting a more stable and resilient financial system,” he said.

Manufacturing 101

Manufacturing Banking Financial Systems Startups 101

PYMNTS

JUNE 19, 2019

Facebook’s Libra is supported by upwards of two dozen companies and groups, including Uber and Mastercard, but Facebook acknowledges that it needs the regulatory approval of governments and existing systems in order to move forward. The currency, Facebook said, would be backed by existing currencies and hard assets.

Treasury 77

Treasury Currencies Financial Systems Finance 77

PYMNTS

SEPTEMBER 30, 2020

Singapore’s highly developed legal and financial systems are a draw for major companies, with the city also rising in importance as the future of Hong Kong hangs in the balance amid a crackdown on civil liberties in Beijing.

Financial Systems 97

Financial Systems Retail Planning Sales 97

PYMNTS

OCTOBER 18, 2020

million to humanitarian aid organization Mercy Corps , intending to bolster the non-governmental organization's efforts to help create economic opportunities for those in areas with flawed financial systems, according to Invezz. The existing financial system is fragmented, antiquated, and exclusionary — leaving 1.7B

Nonprofit 76

Nonprofit Financial Systems Education Startups 76

PYMNTS

NOVEMBER 12, 2020

What we don’t want is to get really nasty stresses and strains in the financial system from something like this.”. Could the coronavirus crisis lead, via the commercial property sector, to long-term problems for the banking and financial systems?” But Oxford’s Slater said it’s a situation that can’t be ignored.

Banking 91

Banking Concentration Financial Systems Retail 91