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Regulators Call For ‘Vigilant Monitoring’ Of Big Tech’s Financial Data Use

PYMNTS

The probe would concentrate on tech firms that provide data storage to financial institutions. Last month , ongoing security concerns prompted the Federal Reserve to further scrutinize Big Tech firms that serve the banking industry.

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Planful vs. Vena

The Finance Weekly

Key Features Predict Signals As a part of the Planful Predict suite of AI/ML capabilities, this tool spots suspect differences and unusual data using AI-driven anomaly detection. It helps you catch errors before it's too late, highlighting potential slip-ups, broken formulas, and financial data mistakes.

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Validis Automates Data Collection For Invoice Financiers

PYMNTS

Financial data technology firm Validis is rolling out a new solution designed to automate month-end reconciliation processes for small business lenders and invoice financing firms. Validis noted that CID is a challenging market for lenders that struggle to obtain real-time, accurate financial data on small businesses to mitigate risk.

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Planful vs. Datarails

The Finance Weekly

These tools are reshaping the financial landscape by simplifying operations and eradicating manual tasks. For quite some time, , Datarails has been at the forefront of revolutionizing the automation of manual tasks and enabling finance experts to concentrate on their strategic contributions. What is Datarails’, FP&A Genius?

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How Access to a Global Talent Pool Has Changed Corporate Finance

The Finance Weekly

Finance leaders have traditionally concentrated on cost reduction as the key motivating factor for operational changes. CFOs are optimistic in 2021, holding the conviction that their success is tied to global expansion. CFOs have altered workforce management strategies in light of access to the global talent pool. Embracing Remote Work.

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10 KPIs to Track Business Performance

The Finance Weekly

Accounting and financial management software often comes with real-time dashboards and KPIs tailored to different roles and industries. The information is automatically updated as the , software processes transactions and other financial data. For long-term success, concentrate on KPIs that guide your overall strategy.

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Lithuania Suspends SatchelPay Operations

PYMNTS

6) that the nation’s central bank has suspended the company’s activities because it allegedly failed to provide the government with required financial data on its operations this year. The Industry Spread reported Tuesday (Aug. However, we take a zero-tolerance approach to any risky and irresponsible activities. “We