CFO Network

MARCH 18, 2024

Whether navigating tax intricacies or ensuring regulatory compliance, outsourcing offers a gateway to expert guidance and support. Security Concerns: Addressing Data Protection in Outsourced Accounting However, outsourcing has its challenges. Many SMBs grapple with concerns about data security and confidentiality.

Accounting 52

Accounting Prioritization Communication Construction 52

PYMNTS

SEPTEMBER 16, 2019

Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended , the original proposed deadline approaches next week. The potential cost for non-compliance is huge. The real challenge is, what do merchants communicate to their customers at the moment? Immediate Challenges.

Compliance 52

Compliance Communication Leverage Securities 52

PYMNTS

SEPTEMBER 26, 2018

A case of complacency on compliance? 25) from Verizon Communications, full compliance with the PCI DSS (short for Payment Card Industry Data Security Standard) dropped last year, the first decline seen in six years. percent at full compliance in Europe, while the standing was 39.7 The headline numbers: 52.5

Compliance 53

Compliance Communication Securities Retail 53

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. Chief Compliance Officer. A chief compliance officer ensures financial institutions adhere to all applicable laws and regulations. Communication Skills. Average salary: $114,832 per year. Insurance Advisor.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

E78 Partners

APRIL 9, 2024

Amid these challenges, private equity funds must navigate the complexities of industry-specific compliance requirements while establishing a common risk management framework to manage cyber risks across their entire portfolio. Process: Implementing and managing systematic processes is vital in building a resilient cybersecurity posture.

Investments 59

Investments Compliance Securities Benchmarking 59

CFO News Room

JANUARY 2, 2023

job market remains tight and the demand for the kind of talent the crypto industry seeks is still high , including for professionals that handle the legal and compliance business at firms. I worked with plenty of compliance folks who came from Lehman Brothers…Is it gonna be career-ending for some people? Sam Bankman-Fried.

Compliance 130

Compliance Communication Accounting Currencies 130

PYMNTS

JULY 30, 2019

Blockchain-based payment system PumaPay has announced the launch of a new cryptobilling solution which has secured PCI (payment card industry) compliance. PullPayment Protocol will enable multiple payment scenarios and all the familiar billing methodologies used with credit cards.

Compliance 49

Compliance Currencies Communication Securities 49

Accountancy Today

MARCH 1, 2023

FRP Corporate Finance has advised on the pre-pack sale of Truphone Limited, a global mobile communications company, to TP Global Operations Limited, in a transaction that saves around 450 jobs. Following the sale Truphone’s new owners will focus on expanding the business’ compliance solutions as well as its eSIM technology.

Corporate Finance 81

Corporate Finance Sales Finance Restructuring 81

The Charity CFO

MARCH 31, 2023

They are actually useful tools to ensure that an organization is in compliance and can also be used to identify potential problems before they become too big. The IRS does not require nonprofit audits in most cases, however, they may periodically request an audit (examination) or a compliance check.

Nonprofit 98

Nonprofit Auditing Compliance CFO 98

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. Implement staff and volunteer training on security best practices.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Compliance Complexities. Compliance Complexities. Orchestrating A Solution.

Compliance 82

Compliance Securities Auditing Retail 82

CFO Thought Leader

APRIL 16, 2024

Kicking off his career fresh out of school, Udit Tibrewal joined the audit practice of PricewaterhouseCoopers (PwC) in New Delhi, where he set about learning the intricate workings of financial compliance. Cultivate strong communication skills, foster collaboration across teams, and always prioritize integrity in decision-making.

CFO 52

CFO Auditing Compliance Prioritization 52

Bramasol

SEPTEMBER 29, 2023

Globalization CFOs have long needed to assure compliance with two different standards-setting bodies. Although there has been a mutual effort between FASB and IASB since 2008 to harmonize many of the compliance and reporting requirements, there are still differences that need to be taken into account by companies doing business globally.

IFRS 94

IFRS Technology SAP Compliance 94

PYMNTS

SEPTEMBER 11, 2019

Nicolas Dinh , chief operating officer of year-old Canadian financial startup STACK , recently spoke with PYMNTS about the key forms of fraud that nascent mobile financial services firms face and how companies can leverage security technologies and partnerships to gain customers’ trust. Partnering With Established Players.

Securities 45

Securities Startups Compliance Budgeting 45

PYMNTS

JUNE 21, 2018

If data within the Internet of Things (IoT) is not secured properly, it puts people’s overall safety in jeopardy — and it’s not just about loss of sensitive personal data. In fact, according to UL , the even greater threat is that an attacker could take over the functionality of poorly secured devices. Pros and Cons of Regionalization.

Securities 79

Securities Manufacturing Compliance Communication 79

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Securities 46

Securities Compliance Concentration Auditing 46

Future CFO

DECEMBER 7, 2023

This means keeping sufficient cash reserves and securing flexible credit facilities to ensure operational resilience amidst market volatility. CFOs must closely monitor policy changes related to finance and debt, ensuring compliance to maintain smooth operations. Effective communication helps manage expectations and maintain trust.

Economics 52

Economics Currencies Communication Risk Management 52

CFO Thought Leader

APRIL 11, 2023

In February of 2020, Chrnelich was named CFO of Symphony, which offers secure messaging and other collaboration tools for bankers and those who work with them. Read More Many of the people in the broader financial services community use Symphony as their communication and collaboration platform.

CFO 52

CFO Communication Numbers Finance 52

PYMNTS

DECEMBER 8, 2020

Some exchanges even deliberately avoid having KYC systems by obfuscating their country of origin to make it harder for regulators to impose national compliance guidelines. Many banks and government regulators have a growing sense of distrust in cryptocurrency exchanges due to this widespread lack of compliance.

Compliance 104

Compliance Communication Leverage Banking 104

PYMNTS

MAY 10, 2018

For one thing, anonymity is stripped away from ownership structures, boosting security efforts and transparency within the financial realm. It’s no simple task, nor inexpensive; FinCEN estimates that the first year of implementation will mean $250 million will be spent on compliance efforts alone.

Compliance 40

Compliance Treasury Communication Technology 40

PYMNTS

JANUARY 8, 2021

16, Massachusetts securities regulators filed a complaint against Robinhood alleging that the company aggressively marketed to inexperienced investors and failed to implement controls to protect them, violating state laws and regulations. The company has also hired two new compliance officers.

Compliance 145

Compliance Communication Startups Retail 145

Boston Startup CFO

APRIL 12, 2024

We will assist you in navigating the complexities of grant funding, ensuring proper financial management and compliance with funding requirements, providing accurate financial reporting, and maximizing the impact of your research and development projects, helping you secure continued funding and successfully advance your innovative initiatives.

Investments 40

Investments Finance Leverage Securities 40

VCFO

JUNE 29, 2023

Underscoring this was her ahead-of-the-curve understanding that mission-centered organizations must have strong finance and compliance-related practices and expertise in place to be able to provide services in line with their mission. They also rely on the CFO’s leadership, providing up to date communication, and accurate financial reporting.

Nonprofit 68

Nonprofit Finance CFO Compliance 68

PYMNTS

JUNE 17, 2019

This presents problems for developers, who need to make sure that their products run both smoothly and securely. Developers keen on addressing these concerns must carefully consider how to design and connect their devices to provide reliable, secure performance. Should customers be responsible for their own security? .

Securities 56

Securities Manufacturing Compliance Communication 56

PYMNTS

FEBRUARY 23, 2017

And while financial services is a major are of focus for these companies — using blockchain for solutions like cross-border payments, for example — these players are also exploring how to use the tool for non-financial purposes, like KYC compliance and cybersecurity.

Communication 46

Communication Banking Compliance Technology 46

PYMNTS

NOVEMBER 25, 2019

25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant.

Securities 52

Securities Accounts Payable Startups Transportation 52

Jedox Finance

DECEMBER 4, 2022

release: Enhanced security and audit capabilities so organizations can minimize operational risk and maintain elevated compliance and governance standards. release provides adaptable and integrated tools for global organizations to more easily communicate the insights that are the foundation of confident decision-making.

Auditing 52

Auditing Communication Compliance Securities 52

Bramasol

JULY 22, 2023

Global ESG Regulatory Requirements One of the major ESG compliance developments to watch is the US Securities and Exchange Commission (SEC) proposed regulation on Climate-Related Disclosures and ESG Investing. For more information, check out these resources: Are You Ready for "Carbon Accounting" Compliance?

IFRS 87

IFRS Accounting SAP Compliance 87

Spreadym

OCTOBER 24, 2023

Data integrity is a critical aspect of data management and is essential for maintaining the trustworthiness of data for various purposes, including decision-making, compliance, and security. Security: Data integrity is closely related to data security. Ensure compliance with legal and regulatory requirements.

Auditing 59

Auditing Compliance Securities Healthcare 59

PYMNTS

JANUARY 18, 2021

In Munich, employees will be able to enter buildings, make cashless payments and transmit their digital business cards using near-field communication (NFC). The new tech is called the Campeon Card, according to the report.

Manufacturing 108

Manufacturing Compliance Communication Technology 108

Spreadym

NOVEMBER 16, 2023

Collaboration and Workflow Management: Features for collaboration and workflow management facilitate communication and coordination among team members involved in the financial planning process. Compliance features help organizations adhere to regulatory requirements. This ensures that everyone is working with the latest information.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) Planning Budgeting Financial Modeling 59

The Charity CFO

APRIL 20, 2023

Donor Tracking: Allows organizations to track contact information, giving history, and communication preferences. How secure is the system? Experience with grant and donor reporting,including compliance with federal and state regulations and reporting to grantors and donors. What specialized features will you need?

Nonprofit 98

Nonprofit Accounting Accounting Standards Budgeting 98

PYMNTS

MAY 21, 2020

This week’s look at these partnerships and data integration efforts finds a focus on small business lending and compliance, while some newly forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements. Treasury Prime Funded For API Tech. Aegean Baltic Bank Taps Wolters Kluwer Tech.

Banking 69

Banking Treasury Compliance Risk Management 69

The Finance Weekly

JANUARY 1, 2023

In addition to being a year of instability and economic challenges, 2022 was also a year of increased focus on compliance and data security. The article discusses why compliance and independently verified reports, and SOC reports in particular, are important for a healthy business. Click , here to read.

Finance 98

Finance Compliance Economics Prioritization 98

The Charity CFO

MAY 11, 2023

As regulations surrounding nonprofits can be incredibly complex, expert guidance on financial matters, including compliance with tax laws and regulations, is key. Make sure that you find a partner in your service provider and ensure that your access and communication channels are clearly defined.

Nonprofit 52

Nonprofit Communication Auditing GAAP 52

E78 Partners

FEBRUARY 14, 2024

Access to capital: Securing financing for growth initiatives and working capital can be challenging, as middle-market companies may find it more difficult to access debt and equity markets compared to their larger counterparts. This will help stakeholders focus their efforts on high-impact activities that drive value creation.

Financial Planning and Analysis (FP&A) 52

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

Future CFO

NOVEMBER 15, 2023

Risk Management and Compliance CFOs need to ensure that their financial processes and spreadsheets comply with various regional and international regulations. This might involve implementing automated compliance checks and utilising tools that provide real-time alerts for potential risks.

Financial Planning and Analysis (FP&A) 52

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