CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Education Auditing 52

PYMNTS

SEPTEMBER 30, 2020

The groups argue that such efforts are secured under the current regulatory regime, and that allowing innovation at the expense of the financial system’s stability isn’t beneficial. A lack of safety and soundness rules will expose the financial system to significant vulnerabilities.”.

Banking 139

Banking Financial Systems Concentration Currencies 139

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

OCTOBER 11, 2018

In a recent report, the International Monetary Fund noted that “continued rapid growth of crypto assets could create new vulnerabilities in the international financial system.” Securities and Exchange Commission (SEC) has turned down bitcoin exchange-traded funds (ETFs). At the same time, the U.S. The end of this month, Oct.

Marketing 49

Marketing Concentration Currencies Financial Systems 49

PYMNTS

JANUARY 15, 2020

Eisenbach, Anna Kovner and Michael Junho Lee, is “Cyber Risk and the US Financial System: A Pre-Mortem Analysis.”. The cyberattack in question could wreak havoc on financial firms. The authors seek to quantify how the attacks may be “amplified” through the financial system. counties, the authors added.

Banking 53

Banking Concentration Financial Systems Reconciliations 53

PYMNTS

APRIL 1, 2019

As Harris noted during the discussion, synthetic fraud essentially centers around creating a person (a fictitious one, in this case) — where bad actors can and do use fake names, Social Security numbers or birthdates, and build credit histories. That’s the longer-term goal of the company.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

OCTOBER 1, 2018

Bitcoin’s processing operation is highly concentrated within a handful of miners in China — which is getting more concentrated now, since the price of bitcoin has crashed and fewer players can afford to keep the lights on (literally, since bitcoin processing requires a massive amount of electricity). It isn’t because it won’t.

Currencies 85

Currencies Concentration Financial Systems Leverage 85