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

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. This process should be digitally enabled and serve the needs of all generations.

Banking 105

Banking Communication Investments Education 105

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

JUNE 28, 2018

But the recent thefts, along with other attempted and completed cyberattacks, demonstrate why payments officials in the region are expressing fresh concern about financial security there. The lack of security cooperation between bankers and regulators also comes up for blame. Fraud is a Top Worry. Growing Awareness.

Securities 40

Securities Banking Compliance Financial Systems 40

Future CFO

JANUARY 10, 2024

Amidst the digital transformation, it is imperative that chief financial officers know the way around the challenges of safeguarding against payment fraud. All these while propelling their organisation towards a technologically advanced future.

Accounts Payable 52

Accounts Payable Invoicing Financial Systems Accounting 52

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. Grupo Santander expressed its desire to utilize partnerships with technology companies across various financial services markets to help accelerate its own digital transformation.

Investments 42

Investments Securities Compliance Financial Systems 42

PYMNTS

JUNE 10, 2016

The impact of being underbanked extends beyond being left out of the financial system. What the health care industry and the payments industry have overlooked so far is that all of this — data and payments — is subject to Homeland Security and cybersecurity breaches, which are far more sophisticated than anybody has thought through.

Technology 40

Technology Healthcare Financial Systems Leverage 40

The Charity CFO

MAY 6, 2022

You could even find yourself in worse shape than if you’d never secured the funding. It also takes time to build-out software and technology capabilities. Your financial system must be in good working order before you even consider applying for federal funding. Do I need an audit to secure federal grant funds?

Nonprofit 119

Nonprofit Auditing Financial Systems CFO 119

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

Global Finance

JULY 29, 2024

Banks’ long histories and diverse business lines leave them lagging behind newer, more-focused rivals, as competition increasingly revolves around technology, adds Steven Breeden, American financial services technology lead at Bain & Company. of financial assets, the FSB reports. Another hurdle is technological.

Banking 59

Banking Profit and Loss Financial Systems Technology 59

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 107

Banking Foreign Exchange Profit and Loss Finance 107

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 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings.

Banking 139

Banking Financial Systems Concentration Currencies 139

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 Communication 62

CFO Plans

OCTOBER 15, 2024

Get Expert Financial Guidance to ensure your business excels in a regulated environment. Understanding the Complexities of Financial Regulation for Small Businesses Financial regulations are crafted to uphold the integrity and stability of the financial system.

Compliance 52

Compliance CFO Startups Risk Management 52

PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

Technology 40

Technology Investments Accounting Banking 40

Future CFO

OCTOBER 10, 2023

The technology makes it possible for two or more parties to exchange value in digital environments without having an intermediary validating the transaction. This is why understanding the finality in this technology is important in maximising its benefits. For the blockchain to be secure and authentic, this concept is crucial.

Economics 52

Economics B2B Financial Systems Securities 52

PYMNTS

MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). The Pay on Demand platform enables us to deliver on that vision and foster financial inclusion, giving consumers an opportunity to participate in digital commerce.

B2B 72

B2B Financial Systems Economics Securities 72

PYMNTS

JUNE 8, 2020

The partnership will attempt to reduce costs for the numerous companies using SAP’s services for invoice processing and running financial systems in general, the release states. “Our partnership with Winshuttle will be instrumental to customers who are processing documents and need to post it securely into SAP.”.

SAP 60

SAP Invoicing Financial Systems Securities 60

PYMNTS

JULY 1, 2019

Unfortunately, FIs are often caught between balancing more stringent security tools and offering the seamless experiences consumers crave. As such, FIs must seek more innovative authentication procedures that take less time and draw less ire than weak password and PIN systems. Biometrics and the Benefits for Security .

Banking 75

Banking Securities Compliance Communication 75

Simply Treasury

JULY 12, 2021

Paradoxically, "retail" developments are often faster and more intense than "corporate" developments, notably for reasons of security and integration into the IT systems of large companies. These companies are often managing finance and treasury on separate financial systems which are poorly integrated, if integrated at all.

Treasury 130

Treasury Cash Flow Forecasting Concentration Finance 130

PYMNTS

MAY 26, 2017

From relying on physically walking into a bank to withdraw cash to snapping a photo of a check for deposits, technology has played a great part in the way financial transactions have evolved within the last thirty years. With the various advances in technology, many issues have come to light from the use of blockchain.

Financial Systems 46

Financial Systems Benchmarking Technology Finance 46

PYMNTS

JUNE 9, 2017

With eCommerce transactions moving at the speed of light, the ability to have transparency between parties is likely crucial to preventing security breaches. The study, one of many on the blockchain topic, also showed that the technology could potentially assist businesses and governments manage the incoming influx of IoT data.

Financial Systems 68

Financial Systems Healthcare Technology Banking 68

PYMNTS

OCTOBER 23, 2018

The SBI Group plans to license Sepior ApS ’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. Work remains to be done to determine how it can be set up to maximize the benefits for the whole financial system.”.

Startups 76

Startups Banking Currencies Financial Systems 76

PYMNTS

JANUARY 13, 2021

During his career at Citi, Khaliq has served in management positions in banking, markets and securities services, country management (CCO) and treasury services. Prior to his appointment as global head of TTS, Khaliq served as head of operations and technology for TTS.

Treasury 52

Treasury Cash Management Education Economics 52

Global Finance

SEPTEMBER 5, 2024

Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cash management for small and midsize enterprise (SME) clients. We had automated machine-learning technology.

Startups 52

Startups Finance Banking Technology 52

Global Finance

SEPTEMBER 4, 2024

However, with financial independence the BCB should have enough money for technology and innovation, which is imperative. However, doing innovation sometimes means competing with the financial sector for people. However, doing innovation sometimes means competing with the financial sector for people.

Banking 105

Banking Economics Currencies Finance 105

PYMNTS

AUGUST 7, 2019

Based on the flurry of consumers scrambling to get their $125 settlement from Equifax , data security is an issue with far-reaching consequences. The benefits of digital IDs might seem apparent – especially among financial institutions – but consumers aren’t fully on board yet. PYMNTS’ Digital Identity Lifestyle Capsule found that 45.2

Securities 74

Securities Healthcare Accounting Financial Systems 74

PYMNTS

FEBRUARY 19, 2020

Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said in a press release. . We will continue to bring the expertise of FIUs together to discuss emerging threats, to share effective techniques, and to join forces for our national security.” . The Sunday (Feb. FinCEN Director Kenneth A.

Treasury 60

Treasury Financial Systems Securities Finance 60

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

SEPTEMBER 14, 2016

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.

Currencies 78

Currencies Financial Systems Securities Technology 78

PYMNTS

MAY 13, 2020

Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position. The island’s study into a CBDC was reportedly first revealed by Yandraduth Googoolye, a prior governor. brought on Gemini Trust Co.

Currencies 61

Currencies Banking Forecasting Financial Systems 61

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.

Education 103

Education Financial Systems Entertainment eCommerce 103

Future CFO

NOVEMBER 1, 2021

CFOs look to move their financial systems or ERP to the cloud despite the rapid increase in cyberattacks driven by organisations’ embrace of digital transformation.

Budgeting 40

Budgeting CFO Financial Systems Securities 40

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

CFO News Room

JANUARY 18, 2023

financial system, has been used mainly in the past against banks and other financial institutions and in most cases has forced the institution to close. This type of action, a rarely used so-called death-knell sanction that cuts off the entity from the U.S. Lisa Monaco. said Wednesday. Deputy Treasury Secretary. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

JANUARY 7, 2020

Other initiatives include a focus on payments security, as well as connecting bank data to small business accounting portal QuickBooks. Several banks have recently announced collaborations with banking Software-as-a-Service (SaaS) and loan technology service providers to augment their corporate and small business lending capabilities.

Banking 56

Banking Accounting Securities Financial Systems 56