PYMNTS

MARCH 17, 2020

It combines credit and debit into one account, “making it seamless to save, spend and borrow money.”. The current financial system breaks up the money people earn into siloes, making it hard for busy families to stay on top of their banking and credit accounts. One , a new digital banking service in the U.S.,

Accounting 52

Accounting Banking Financial Systems Finance 52

PYMNTS

NOVEMBER 13, 2019

Google is planning to launch consumer checking accounts next year in partnership with Citigroup and Stanford University, The Wall Street Journal (WSJ) reported on Wednesday (Nov. Code-named Cache, the accounts will be handled by Citigroup and a credit union at Stanford University. A recent McKinsey & Co.

Accounting 64

Accounting Banking Financial Systems Startups 64

PYMNTS

DECEMBER 13, 2018

13) that it has launched Robinhood Checking & Savings, a new feature aimed at expanding its mission to overhaul the financial system in America. Robinhood, the mobile investment app company, announced Thursday (Dec.

Accounting 58

Accounting Financial Systems Startups Investments 58

PYMNTS

FEBRUARY 27, 2019

26), Kyriba said it is integrating with Citi via API to allow clients to access their Citi accounts directly from their treasury platform. Kyriba noted that its global connectivity hub, which connects treasurers to those financial systems, currently processes 30 million payments and 83 million bank transactions on behalf of treasurers.

Accounting 40

Accounting Treasury Financial Systems Cash Management 40

Future CFO

SEPTEMBER 3, 2023

Editor’s note: A certified public accountant herself, Tammy Coley (pictured), Chief Transformation Officer at BlackLine , shared with FutureCFO audiences how she transitioned from accounting and FP&A roles to a transformation one as well as advice on how to upskill oneself to become a transformation leader.

Leadership 52

Leadership Finance Problem Solving Communication 52

PYMNTS

MARCH 23, 2016

Accounts payable solution Anybill is getting closer to existing partner Intacct in an effort to streamline the flow of financial data between the two platforms. An announcement on Tuesday (March 22) said Anybill has extended its venture with Intacct, which provides ERP software.

Accounts Payable 40

Accounts Payable Accounting Invoicing Financial Systems 40

PYMNTS

DECEMBER 21, 2020

With UPI, money transfers can be set up without having to share bank details or source, using a virtual payment address instead of the usual bank account numbers or Indian Financial System Code (IFSC). residents send money directly to the bank account of a recipient.

Financial Systems 112

Financial Systems Banking Accounting Numbers 112

Michigan CFO

JUNE 7, 2023

Their primary duties include financial planning, analysis, risk management, financial reporting, and leadership of the finance & accounting team. CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business.

CFO 52

CFO Problem Solving Budgeting Communication 52

Barry Ritholtz

FEBRUARY 16, 2024

He was executive vice president of the Markets Group at the New York Fed, where he also managed the System Open Market Account. He is the chair of the Bretton Woods Committee , and Chairman of the Committee on the Global Financial System of the Bank for International Settlements.

Financial Systems 60

Financial Systems Banking Investments Marketing 60

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Your accountant is the unsung hero who supports you through all the ups and downs of your financial journey. But even the most experienced accountants face their own set of challenges, especially when it comes to the monthly close. It will keep you organized and accountable during the accounting period and month-end close.

Leverage 62

Leverage Financial Data Accounting Communication 62

CFO Thought Leader

MAY 21, 2023

While chief accountant for the SEC’s investment management division, Alison Staloch reports, she found herself being greeted by a degree of inclusive enthusiasm that she had seldom encountered before. Says Staloch: “At the time, I still had thoughts about going back to public accounting. I thought to myself, ‘Wow!—this

CFO 52

CFO Investments Accounting Accounting Standards 52

https://trustedcfosolutions.com/feed/

DECEMBER 26, 2021

Cloud Financial Management Software That’s Built for the Needs of Finance. Sage Intacct has freed me up to look holistically at the business rather than just focusing on getting accounting tasks done.” –Kim Watch this short demo on how Sage Intacct automates your financials. Kim Wegener, Director of Finance, Powell’s Books.

CFO 70

CFO Finance Financial Systems Accounting 70

Beacon CFO Plus

MARCH 12, 2024

Invest in financial technology (fintech) solutions. Leverage technology to streamline financial processes and enhance efficiency. Evaluate your company’s current financial systems and identify areas for improvement and automation. Think of the saying, Don’t work harder; work smarter.

Cash Flow Forecasting 52

Cash Flow Forecasting CFO Financial Analysis Invoicing 52

Future CFO

DECEMBER 31, 2021

What does this mean to the finance and accounting team of 2022? Increasingly more Finance & Accounting (F&A) functions will adopt a hybrid work model in which CFOs provide the tools to finance staff to productively work from anywhere. CFOs are the logical candidate to lead the ESG initiative.

Leadership 98

Leadership Finance GAAP Forecasting 98

CFO Talks

MARCH 14, 2024

Construct Reliable Control Systems: Ensuring the integrity of financial systems and controls is crucial. The CFO must review existing controls, identify any gaps, and implement improvements to safeguard the company’s assets and ensure accurate financial reporting.

CFO 40

CFO Performance Measuring Benchmarking Restructuring 40

Future CFO

APRIL 21, 2024

RN: I have an accounting background and started my career as a financial system consultant. It is a day well spent when I wind down for the night, looking forward to the next fulfilling day. FutureCFO: What excites you the most when you work with CFOs and finance functions?

Finance 52

Finance Sales Communication Financial Systems 52

Future CFO

JULY 18, 2023

Given higher interest rates and lower growth, distress in the largely unrated non-bank financial institution (NBFI) sector globally could have spillover credit impacts on many other sectors, the credit rating agency noted.

Banking 52

Banking Leverage Risk Management Financial Systems 52

The Charity CFO

FEBRUARY 27, 2023

First things first: Treasurers aren’t accountants. A position to oversee finances may sound a lot like an accountant, but there are important distinctions between the two. Many nonprofits do not have in-house accountants and choose to outsource instead. As previously mentioned, a treasurer is not the same as an accountant.

Nonprofit 52

Nonprofit Compliance CFO Leadership 52

PYMNTS

JANUARY 27, 2021

Financial services and payments in particular have seen progress in the last 10 years, the release stated. “By Many are now embracing automated accounts payable (AP) processes, which are instrumental to a remote work environment. These platforms made it easy to facilitate payments to businesses.”.

Accounts Payable 71

Accounts Payable Financial Systems Startups Accounting 71

PYMNTS

JANUARY 6, 2021

If the high-level concept is that merchants will accept and banks will issue, in terms of mechanics, the CoDi platform lets users with savings accounts at participating financial institutions to make wire transfers through their phones by scanning merchants’ QR codes or wielding devices at on-site NFC terminals.

Banking 145

Banking Planning Accounting Currencies 145

PYMNTS

DECEMBER 3, 2020

Plus, Basware enhances its accounts payable (AP) offering, CardUp eases commercial card adoption, Kofax adds new AP features and the Federal Reserve eyes bank lending. Kofax Adds New AI Features for Accounts Payable. Today in B2B payments, Visa embraces the USDC digital currency for corporate payments. 2) announcement.

Currencies 60

Currencies B2B Accounts Payable Invoicing 60

Future CFO

AUGUST 6, 2023

The sharp rebound in global confidence in the aftermath of Russia’s invasion of Ukraine has ended, according to the latest economic conditions survey from ACCA and IMA of accountants and CFOs across the globe. There were also some notable regional trends when it comes to confidence as follows, according to ACCA.

Economics 52

Economics Financial Systems Banking Accounting 52

PYMNTS

JANUARY 15, 2021

These violations, said FinCEN, “caused millions of dollars in suspicious transactions to go unreported in a timely and accurate manner, including proceeds connected to organized crime, tax evasion, fraud, and other financial crimes laundered through the bank into the U.S. financial system.”.

Banking 107

Banking Compliance Currencies Financial Systems 107

PYMNTS

NOVEMBER 12, 2020

Keeping these consumers engaged in the broader financial system is essential to the collective good. It is important for FIs to note that most unbanked individuals have smartphones, even though they may still be wary of traditional bank accounts,” per the Tracker. Mobile Wallets Get Their Moment. Eighty-one percent of U.S.

Banking 81

Banking Accounting Communication Financial Systems 81

PYMNTS

MARCH 18, 2019

recently fell to the lowest rate since the 2007-2009 financial crisis, but a new product launch from JPMorgan Chase & Co. The financial institution on Monday (March 18) “began offering checkless accounts with access to its mobile app, branches and ATMs for $4.95 The percentage of unbanked people in the U.S. In 2017, 6.5

Education 70

Education Data Analysis Financial Systems Banking 70

VCFO

AUGUST 16, 2023

Money Laundering Prevalence and Practices When bad actors possess large sums of cash that they want to place into the financial system without raising flags, money laundering techniques such as “structuring” are used.

Compliance 86

Compliance Banking Risk Management Currencies 86

PYMNTS

MARCH 19, 2020

The bank will extend small business loans and deposit accounts, Square said in a statement. “We It will be a Square subsidiary and will work independently.

Banking 110

Banking Financial Systems Finance Sales 110

PYMNTS

NOVEMBER 14, 2019

MoneyGram has announced a partnership with Cambodian bank Wing on a digital wallet venture that will allow funds to be deposited directly into customers’ accounts. Cambodian migrant workers sent about $1.4

Financial Systems 101

Financial Systems Banking Numbers Accounting 101

PYMNTS

APRIL 9, 2020

Although SWIFT revealed plans for its account-to-account functionality last month, the announcement only began making headlines a few days ago. The technology aims to mix payment rails, with companies paying their invoices via card on the Billhop platform, and Billhop paying those vendors via direct deposit to their bank account.

B2B 83

B2B Invoicing Currencies Banking 83

PYMNTS

NOVEMBER 10, 2020

Many consumers move to new countries to pursue economic opportunities, but adjusting to these locations also requires learning the ins and outs of new financial systems — a transition that can be filled with friction. How Rayo Delivers Immigrant-Focused Financial Services. Consumers who move to the U.S.

Banking 86

Banking Compliance Currencies Financial Systems 86

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients. But at least a third of the identification of these bribery and corruption schemes in corporations comes from audit and accountancy.”. “As

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40

PYMNTS

SEPTEMBER 24, 2019

One of the biggest problems, Blanco said, is account takeover. . Account takeover, which involves the targeting of financial institution customer accounts to gain unauthorized access to funds, is an extremely common cybercrime affecting U.S. financial institutions,” he said.

Compliance 71

Compliance Financial Systems Accounting Securities 71

CFO Strategic Partners

OCTOBER 21, 2021

We ensured the accounting and finance team was communicated with throughout the transition. Challenge Organizations experienced CFO turnover, creating a critical gap in the financial leadership. This results in a more efficient accounting and finance department. Are you experiencing unexpected turnover? We can help.

CFO 52

CFO Leadership Prioritization Education 52

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. Legislation like the Sarbanes-Oxley Act and others have put pressure on companies to be able to show an auditable and measurable process in all their financial systems,” Flynn said.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

PYMNTS

APRIL 22, 2020

The traditional process of setting up bank accounts in multiple jurisdictions is a headache and too resource-intensive for many small businesses, like B2B exporters. Neat aims to ease this friction by offering SMBs an alternative to the traditional bank account. ” Exploring Alternatives. ”

Currencies 96

Currencies Advertising B2B Finance 96

PYMNTS

MARCH 6, 2019

Two South African FinTech companies, Sasfin, a banking group, and Hello Paisa, a money transfer startup, are teaming up to start a bank with a goal of bringing thousands of South Africans who lack bank accounts into the country’s financial system, according to reports.

Banking 49

Banking Financial Systems Startups Education 49

PYMNTS

NOVEMBER 12, 2018

The Q2 2018 Financial Invisibles Report, a PYMNTS and Unifund collaboration, examines survey data from more than 2,000 American consumers who gave a glimpse into their personal finances. For a deeper look into what is driving consumer financial behavior in Q2 2018, download the report.

Economics 61

Economics Financial Systems Accounting Finance 61