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. Leverage Technology Financial reporting software isn’t just a nice-to-have; it’s a necessity.

IFRS 98

IFRS GAAP Currencies CFO 98

CFO Talks

MARCH 13, 2025

From Spreadsheets to Smart Systems Traditionally, businesses used basic spreadsheets to manage their finances. Todays financial systems integrate with Enterprise Resource Planning (ERP) software, cloud computing, and artificial intelligence (AI) to provide instant access to up-to-date financial information.

Financial Reporting 52

Financial Reporting IFRS Compliance Problem Solving 52

Future CFO

DECEMBER 4, 2024

Developing specialised expertise expertise—whether in fundraising, M&A, technological transformation, or another key area—can set you apart as a leader.” A great finance leader sees the bigger picture, understanding how financial data aligns with organisational goals and drives growth.

Finance 98

Finance Leadership Problem Solving Benchmarking 98

Future CFO

MARCH 10, 2025

Current industry research suggests that AI technologies are gaining traction among finance professionals navigating a complex landscape marked by rapid change. However, the adoption rate varies significantly across the region, influenced by technological maturity and cultural attitudes towards innovation.

Finance 52

Finance Invoicing Compliance Leverage 52

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

Global Finance

DECEMBER 26, 2024

In a 2023 Treasury & Risk survey, over 70% of CFOs emphasized the importance of flexible technology in keeping their treasury operations efficient amid increasing volatility. Connectivity suites like GTreasurys ClearConnect integrate with over 13,000 banks, providing comprehensive visibility across currencies and financial systems.

Treasury 59

Treasury Risk Management Currencies SAP 59

PYMNTS

AUGUST 31, 2020

Self-regulating financial systems sound too good to be true – and it’s not quite that simple. The first is improved speed, shown by the adoption of cloud technology from global payments network SWIFT. Advantages Found in the Cloud. But cloud-native architectures are more resilient, as COVID-19 has proven.

Banking 135

Banking Financial Systems Technology Numbers 135

Future CFO

FEBRUARY 2, 2025

In navigating the current world that is ever-changing, evolving constantly with various technological advancements that almost always force their way in to day-to-day routines of organisations, it is a no-brainer that the Finance function has shifted its focus on artificial intelligence for some time now.

Accounts Payable 52

Accounts Payable Accounting Invoicing CFO 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

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

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

Future CFO

SEPTEMBER 2, 2024

The analyst further suggests that application leaders must understand the technologies and frameworks that underpin a composable approach to set the scene for AI-enabled wins. Wahi argues that in the age of agile technology where AI is embedded in solutions, CFOs no longer need to worry about massive overhauls to adopt AI-driven solutions.

Compliance 116

Compliance Leverage Forecasting Risk Management 116

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 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

The Charity CFO

MAY 6, 2022

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. In fact, the government places very rigorous financial reporting requirements on organizations that receive federal funding.

Nonprofit 119

Nonprofit Auditing Financial Systems CFO 119

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

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. Other examples include FairMoney and PalmPay.

Manufacturing 101

Manufacturing Banking Financial Systems Startups 101

PYMNTS

JUNE 29, 2020

The reports have been a fixture of the way the government monitors for risk for 150 years, The Wall Street Journal (WSJ) reported, but they could now be scrapped in favor of a more timely, accurate approach to better reflect new technology available and better report on credit exposures and deposit information.

Banking 88

Banking Financial Systems Economics Technology 88

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

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

NOVEMBER 12, 2020

Also participating in the round were Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. “We banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital.

Startups 88

Startups Leadership Financial Systems Banking 88

PYMNTS

JUNE 9, 2017

When executives in the finance industry think of blockchain technology, its perception has shifted in the past few years in terms of how it could shape financial services — and therefore the economy — as a residual impact. Spain’s very first banking blockchain consortium is now comprised of 33 percent of the country’s banks.

Financial Systems 68

Financial Systems Technology Healthcare Banking 68

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

JULY 1, 2019

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. There is a new economy emerging driven by changes in technology, demographics and the environment.

Banking 62

Banking Financial Systems Technology Economics 62

PYMNTS

JUNE 22, 2020

Ant Financial Services Group has won a green light from Chinese regulators to drop the word “financial” from its name, so it’s goodbye to Ant Financial Services Group and hello to Ant Technology, The Wall Street Journal reports.

Financial Systems 72

Financial Systems Technology Planning Banking 72

Global Finance

APRIL 7, 2025

Diversified economy focused on information and communications technologies, tourism, business services, and transport. In recent years the economy has refocused toward electronics, information technology, sustainable energy, and health-life sciences, all areas where FDI has been flowing. Foreign Direct Investment: Stock of FDI: $57.4

Education 52

Education Construction Economics Currencies 52

PYMNTS

OCTOBER 29, 2020

Sultan will be in charge of building a new "digital policy, strategy and advisory practice" that will consult with governments interested in digitizing their economies and financial systems, among other duties, the memo states.

Treasury 73

Treasury Leadership Financial Systems Banking 73

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

Future CFO

DECEMBER 31, 2021

This could involve investing in tools and technologies that help their F&A employees execute work tasks and better manage their time, whether it be automation for repetitive, time-consuming tasks, or collaboration tools that help teams find more productive and enjoyable ways to connect.

Leadership 98

Leadership Finance GAAP Forecasting 98

PYMNTS

MAY 2, 2019

He noted that “new finance can unlock more sustainable and inclusive growth, provide consumers greater choice, [provide small business (SMB)] access to credit to grow — all of which ensures the financial system can become more resilient,” according to the publication. Also in the U.K.,

Banking 78

Banking Strategic Planning Currencies Financial Systems 78

PYMNTS

JANUARY 3, 2019

We have long thought that thoughtful governmental adoption of emerging technologies such as cryptocurrencies (when accompanied by non-restrictive legislation over these technologies) is the best way to ensure the U.S. Ohio is the first U.S. state to offer this way of paying for business taxes, noted Overstock in the press release. “We

Financial Systems 71

Financial Systems Retail Technology Planning 71

PYMNTS

OCTOBER 25, 2016

Performing real-time Anti Money Laundering (AML), Know Your Customer (KYC), Sanctions and PEP screening, fraud prevention and credit decisions will fast track traditional banks’ adoption of digital banking services and realize FinTech’s inclusion of unbanked and underbanked into the global financial system, the company said.

Compliance 72

Compliance Financial Systems Banking Technology 72

PYMNTS

OCTOBER 12, 2016

Enriching the ecosystem of decentralized technology is key in the fight, however. The basis for blockchain technology is something that works well in practice, but not in theory,” said Luther Martin at HPE Security-Data Security. Those that want in on the competition have until Halloween to apply.

Startups 77

Startups Securities Financial Systems Technology 77

PYMNTS

SEPTEMBER 28, 2016

Earlier this week, blockchain arrived on Capitol Hill by way of the formation of the Congressional Blockchain Caucus focused on examining and educating lawmakers on the payments technology and issues associated with the digital currency. The bill is a direct aim against losing financial innovation to the U.K.’s Mick Mulvaney (R-SC).

Startups 74

Startups Currencies Education Banking 74

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). Mastercard says it is striving to create a digital financial system and is working closely with stakeholders to deliver inclusion through web connectivity.

B2B 72

B2B Financial Systems Securities Economics 72

Global Finance

APRIL 7, 2025

At the same time, a new financial system is emerging based on digital assets that range from those issued by regional central banks to digital currencies. He adds that the increasing population will improve productivity and increase urbanization rates. However, its low fertility rate of 1.9 respectively.

Economics 52

Economics Manufacturing Treasury Forecasting 52

PYMNTS

APRIL 9, 2020

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. Billhop Eases B2B Card Acceptance.

B2B 83

B2B Invoicing Banking Currencies 83