PYMNTS

SEPTEMBER 21, 2020

The reality of the global financial system is that there will always be attempts to launder money and evade sanctions; the responsibility of banks is to build effective screening and monitoring systems, and we work closely with regulators and law enforcement to bring perpetrators to justice.”.

Banking 139

Banking Leverage Technology Compliance 139

Future CFO

DECEMBER 11, 2024

Technological Disruption : The emergence of new technologies, including generative AI, requires banks to adapt quickly. Banks invest heavily in technology to enhance user experience and streamline processes through artificial intelligence, machine learning, and blockchain.

Banking 52

Banking Risk Management Compliance Investments 52

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?

CFO 98

CFO Risk Management Financial Systems Communication 98

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

Barry Ritholtz

NOVEMBER 26, 2024

But this is just like any other technology you and I remember when the internet. I remember looking up websites in a book, which I now sounds absolutely insane, but technology has advanced. Sort of the core idea of DeFi is that the existing financial system is too slow, too intermediated, too costly. was hard to use.

Investments 59

Investments Currencies Financial Systems Marketing 59

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

JUNE 10, 2016

The impact of being underbanked extends beyond being left out of the financial system. So here’s an example of where we’ve taken mobile payments, digital technology, and kiosk technology, and brought it to a place where people haven’t seen a health care provider ever.

Technology 40

Technology Healthcare Financial Systems Leverage 40

CFO Talks

JULY 4, 2024

Key Takeaway: Companies should consider candidates from diverse professional backgrounds for CFO roles to bring a holistic approach to financial leadership, encompassing not just accounting, but also operations, IT, HR, and strategic development. Key Takeaway: Embracing digital payment technologies can lead to substantial efficiency gains.

CFO 52

CFO Strategic Planning Currencies Prioritization 52

Bramasol

JULY 26, 2024

As shown below, everything that is needed can be combined within a unified architecture that leverages the inherent scalability of S/4HANA Public Cloud and SAP Business Technology Platform (BTP). GAAP, IFRS) for various countries and ensuring accuracy in financial reporting can add significant complexity and time to the close process.

SAP 80

SAP IFRS GAAP Compliance 80

PYMNTS

OCTOBER 1, 2018

Yet, what’s amazing to me is that we are still, as an industry, talking about it — bitcoin, now crypto, blockchain — as if its potential to revolutionize our global financial system, and the way money moves between parties around the world, is just around the corner. But as the salvation of our global financial system, not even close.

Currencies 85

Currencies Concentration Financial Systems Leverage 85

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

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

JUNE 30, 2017

Things that run the gamut from being more or less variations on existing database technologies to things that are really sci-fi and exciting but very different than anything that is out there right now,” he explained. Also important, he added, is resisting the tendency to attempt to boil the ocean in response to an emerging technology form.

B2B 77

B2B Banking Currencies Leverage 77

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Leverage cloud-based technology: Invest in an efficient and user-friendly accounting system with cloud-based capabilities to maximize data security, improve transparency, and increase month-end efficiency. Regularly reconcile accounts: Instead of waiting until the end of the month, reconcile your accounts regularly.

Leverage 62

Leverage Financial Data Accounting Financial Systems 62

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 Technology 52

CFO News Room

NOVEMBER 18, 2022

To understand it, you have to go back to before the crisis was apparent to everyone — both during the Great Depression and during the 2008 financial crisis. Back before it became apparent that a financial crisis was happening, there was an immense amount of leverage in the banking system over which Bernanke had a responsibility to regulate.

Banking 100

Banking Economics Leverage Marketing 100

Global Finance

OCTOBER 9, 2024

To get there, they’re leveraging their respective strengths and forging partnerships to create new and innovative payment solutions that can move money across borders at any minute of the day with unprecedented speed. Big banks, like Citi, are jockeying to be their clients’ single “port of call” when it comes to transacting.

Mergers and Acquisitions (M&A) 100

Mergers and Acquisitions (M&A) Startups Treasury Banking 100

PYMNTS

JANUARY 20, 2021

I hope we can leverage that urgency to prioritize a lot more examples of embedded finance on the B2B side in 2021. This enables overseas customers to be invoiced and to pay in their local currency while allowing the biller to reconcile those receivables in its financial system of record and currency.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

AUGUST 7, 2019

This led the National Institute of Standards and Technology (NIST) to issue guidance after the 2017 Equifax breach that prohibits the use of knowledge-based verification among government agencies. This low usage reflects that the technology is still emerging. Artificial Intelligence .

Securities 74

Securities Healthcare Accounting Financial Systems 74

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.” billion by 2022.

Analyzing Data 53

Analyzing Data Finance Compliance Financial Systems 53

CFO Thought Leader

FEBRUARY 24, 2024

Emphasizing simplification, strategic focus, and leveraging both human insight and technology, Marc Suidan of The Beachbody Company, Emma Brown of Medius and David Freeman of Starburst share their experiences in cutting costs, enhancing digital experiences, and repositioning product offerings as key strategies for revival and expansion.

Prioritization 52

Prioritization CFO Financial Systems Sales 52

PYMNTS

DECEMBER 30, 2019

In a statement published on LinkedIn by President and CEO Dan Schulman, PayPal revealed that Brazil- and Mexico-based users of MercadoLibre’s digital payment technology, Mercado Pago, will now be able to use PayPal for online checkout at merchants integrated with Mercado Pago. Today (Dec.

eCommerce 62

eCommerce Leadership Investments Financial Systems 62

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 helps mitigate errors and ensures that teams can leverage spreadsheets effectively.

Financial Planning and Analysis (FP&A) 52

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

Beacon CFO Plus

MARCH 12, 2024

A robust cash flow management strategy is essential for meeting short-term obligations, investing in growth opportunities, and maintaining financial resilience. Invest in financial technology (fintech) solutions. Leverage technology to streamline financial processes and enhance efficiency.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Financial Analysis Invoicing 52

CFO Plans

OCTOBER 15, 2024

Understanding the Complexities of Financial Regulation for Small Businesses Financial regulations are crafted to uphold the integrity and stability of the financial system. Leveraging CFO Services to Navigate Startup Challenges For startups, the regulatory landscape can seem particularly daunting.

Compliance 52

Compliance CFO Startups Risk Management 52

PYMNTS

JUNE 5, 2020

Such solutions can “empower people to control their financial well-being,” Andrew Davies, vice president of global market strategy and financial crime risk management at financial services technology company Fiserv , told PYMNTS in a recent interview. The federal entity is charged with monitoring the U.S.

Securities 69

Securities Banking Leverage Accounting 69

PYMNTS

APRIL 26, 2018

“This partnership will help bring modern financial services to underserved people around the world. It allows us to pool our capabilities in risk management and financial technologies, and to leverage our global network of financial institutions to deliver financial inclusion,” said Stephanie Von Friedeburg, IFC Chief Operating Officer.

Marketing 48

Marketing Risk Management Financial Systems Leverage 48

Global Finance

SEPTEMBER 4, 2024

Pegged 1-to-1 to the US dollar, the Meli Dolar aims to leverage the electronic marketplace’s significant presence in Brazil to establish a dominant position in the country. Propelled by Meli’s already massive clientele base, the next step is to expand the offering to the remaining countries in the region.

Currencies 52

Currencies Financial Systems Leverage Startups 52

PYMNTS

OCTOBER 14, 2016

Governments the world over are struggling with bitcoin and blockchain; regulatory frameworks for conventional financial systems are not applicable to digital currencies. But Takach is confident that the law will catch up with technological innovation. Bitcoin regulation, as Turkey is emphasizing, is a bane in bitcoin’s behind.

Currencies 77

Currencies Banking Financial Systems Technology 77

PYMNTS

JULY 8, 2019

But in the future, he believes they will be able to access better data streams to better control for it, so fewer bad actors slip by and more good actors can move unmolested through the system – and better automation technology can automatically true up all of the data sources. Letting the Right People Through.

Compliance 80

Compliance Financial Systems Banking Leverage 80

PYMNTS

DECEMBER 17, 2019

Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. As Martins said, the country’s financial system and central bank have restrictive rules about what types of collateral — or “leverage” — businesses can offer when seeking loans.

Financial Systems 54

Financial Systems Startups Banking Treasury 54

CFO Share

APRIL 11, 2024

Reputable outsourced CFO firms adhere to best practices and technologies that elevate financial security, such as separation of duties, best-in-class password management, and continuous fraud education. Outsourced bookkeeping services leverage size and scale to deploy policies faster and cheaper than your small business could.

Securities 52

Securities CFO Invoicing Education 52

PYMNTS

FEBRUARY 22, 2018

Cortex’s mobile-centric, closed-loop payment and secure tokenization solutions provide industry-leading technologies and security to our platform,” Uphold COO William Dennings said in the announcement. “It The acquisition allows Uphold to offer new payments capabilities that leverage both cryptocurrency and fiat assets.

Currencies 43

Currencies Financial Systems Leverage Securities 43

Michigan CFO

JUNE 7, 2023

CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business. Evolution of the Virtual CFO Concept With the rise of remote work and advancements in technology, the concept of a virtual CFO has gained significant traction.

CFO 52

CFO Problem Solving Budgeting Financial Systems 52

PYMNTS

JUNE 5, 2018

Di Gang, deputy head of the digital currency research lab at the People’s Bank of China, told media outlets that his department has “completed the infrastructure of a system that issues digital checks based on a blockchain with smart contracts technology.”

Currencies 44

Currencies Financial Systems Banking Leverage 44

PYMNTS

DECEMBER 30, 2019

In a statement published on LinkedIn by president and CEO Dan Schulman, PayPal revealed that Brazil and Mexico-based users of Mercado Libre’s digital payment technology Mercado Pago will now be able to use PayPal to make payments at online checkout at merchants with integrated Mercado Pago.

eCommerce 52

eCommerce Leadership Investments Financial Systems 52

PYMNTS

SEPTEMBER 6, 2019

Sources have said that Sinochem Energy Technology Cois in talks with Royal Dutch Shell and Macquarie Group to build an energy blockchain platform. The subsidiary of state oil and chemicals firm has reportedly valued its platform, named Gateway, at 100 million yuan ($14.10 And Paxos Trust Co.

Currencies 41

Currencies Financial Systems Leverage Investments 41