PYMNTS

MARCH 26, 2018

Wells Fargo, weeks after it was hit with a rare enforcement action from the Federal Reserve, is overhauling its risk management processes and announced internally that four top risk management executives would be retiring. All are retiring in April, May or June.

Risk Management 40

Risk Management Compliance Currencies Banking 40

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

CFO Simplified

DECEMBER 12, 2021

The terms “finance” and “accounting” are often used interchangeably. There are, however, very real differences between finance and accounting. While many business owners look for a CFO to bolster their existing accounting team, here at CFO Simplified, we consider that a CFO would be categorized squarely in the finance category.

Accounting 52

Accounting Finance Cash Flow Forecasting CFO 52

PYMNTS

JUNE 5, 2020

Open banking provides opportunities such as upgraded customer convenience and customized financial solutions that can help consumers access bank account details, send payments, manage their budgets and more. The benefits are compelling but banks need to understand which entities are using the APIs they provide.

Securities 69

Securities Banking Leverage Accounting 69

Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. It's the key to finally having better cash management, as multinational companies do.

Banking 147

Banking Reconciliations Treasury Securities 147

Future CFO

AUGUST 1, 2023

Companies are increasingly seeking secure and compliant solutions to manage their financial data. According to IDC's 2023 Future SMB and midmarket survey, reducing business risk, sustainability, and employee productivity are the top three business priorities of the midmarket segment (mid-size enterprises) in Asia Pacific.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

FEBRUARY 9, 2017

adults have money invested in stocks, mutual funds and/or some form of self-directed retirement account. With more than $15 trillion in the stock market, improving the liquidity of investments is seen by many financial professionals as an essential step toward greater efficiency and reduced risk. More than half of all U.S.

Securities 46

Securities Risk Management Banking Investments 46

PYMNTS

MAY 4, 2020

Advances in technology are making consumer transactions seemingly more secure, but cybercriminals are still finding sophisticated ways to beat systems and commit financial fraud. Savvy risk management thus begins with determining how data can be used to sooner identify and act on fraud. Some 1,473 breaches revealed 164.7

Securities 56

Securities Risk Management Education Leverage 56

Future CFO

FEBRUARY 4, 2024

Used appropriately, GenAI can optimize and complement existing operations, enabling finance and accounting (F&A) teams across all industries to make smarter, faster decisions and reduce time spent on manual, repetitive work. The post BlackLine: Finance need to be aware of these GenAI adoption challenges appeared first on FutureCFO.

Finance 98

Finance CFO Leadership Risk Management 98

PYMNTS

APRIL 26, 2017

Fundamentally, our approach to innovation is to deliver accurate and absolute visibility into an organization’s liquidity and provide the ability to securely deploy cash anywhere in the world. based organization, using the same platform to securely make and reconcile payments. At Kyriba we see technology as an enabler.

Risk Management 40

Risk Management Treasury Auditing Securities 40

PYMNTS

NOVEMBER 2, 2020

The release stated firms have more often been looking for data to validate their own internal counterparty and credit risk assessment. Firms can bolster risk management, loan and debt underwriting, portfolio optimization, supply chain risk management and investment idea generation, the release stated.

Credit Risk 85

Credit Risk Benchmarking Risk Management Economics 85

Nerd's Eye View

MARCH 15, 2023

Risk management is a key part of many financial advisors’ value propositions. At the same time, clients face another class of risks that advisors often do not consider: cyber. using a client’s personal information for financial gain or other purposes), reputational risk (i.e.,

Risk Management 81

Risk Management Securities Accounting Planning 81

PYMNTS

MAY 9, 2018

CO-OP Financial Services said Tuesday (May 9) that it is releasing fraud-fighting tools for its client credit unions, a move that would beef up the role of artificial intelligence in helping those financial institutions become more secure.

Securities 40

Securities Risk Management Communication Leverage 40

PYMNTS

OCTOBER 5, 2016

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. Krishna said MineralTree and Visa have accounted for this by integrating a supplier enrollment and onboarding capability onto their solution.

Accounts Payable 73

Accounts Payable Accounting B2B Invoicing 73

Future CFO

MARCH 13, 2024

The CFO, Risk Management Considerations To manage risk in 2024, Deshpande believes it is important for CFOs to look at collaboration, not only within the finance department, but also with leaders and members of other teams within the organisation, particularly the CIO (chief information officer) and CTO (chief technology officer).

CFO 97

CFO Finance Technology Risk Management 97

Strategic Treasurer

APRIL 3, 2023

This research discovered how your fraud experiences and security practices has changed. Has your security framework been strengthened? What security threats are on the rise? Survey Results Treasury Fraud & Controls Thank you to all of those who participated in our 2023 Treasury Fraud & Controls survey.

Treasury 52

Treasury Reconciliations Education Risk Management 52

PYMNTS

DECEMBER 13, 2020

Paymerang , which works in accounts payable (AP) automation, has debuted its new Invoice Automation Solution, which a press release stated will help organizations with efficiency, accuracy, visibility and getting rid of manual paper processes. The company recently debuted the new service at the Collegiate School in Richmond, Virginia.

Invoicing 112

Invoicing Accounts Payable Risk Management Budgeting 112

Future CFO

AUGUST 21, 2022

According to a Mercer Marsh Benefits report titled “People Risk: Resetting priorities to manage risks for workforce and business resilience”, cyber security and data privacy (#1), administration and fiduciary (#2) as well as catastrophic personal life events (#3) have emerged as the top three people risks for companies in Singapore.

Risk Management 52

Risk Management Securities Investments Accounting 52

CFO Talks

MARCH 20, 2024

Think of a Controller as the head of getting day-to-day money matters right, like making sure every penny is accounted for and reports are spot-on. Accounting Responsibilities: Both the CFO and Controller collaborate on overseeing the annual audit, ensuring thoroughness and compliance. The CFO, however, looks at the bigger picture.

CFO 52

CFO Accounts Payable Financial Analysis Auditing 52

VCFO

FEBRUARY 15, 2023

Lee Ann’s depth and breadth of expertise includes board reporting, audit preparation, business plan development, market research and analysis, risk management, and capital requirements. More recently, she served as CFO at Seves USA, where she saved the company over $7.5M

Auditing 52

Auditing CFO Risk Management Budgeting 52

PYMNTS

OCTOBER 19, 2020

The press release touts the process as simple — users can tie eligible business accounts from American Express into Coupa Pay, and then the virtual cards can be sent to the authorized suppliers. Now, every transactional step in the business spend management process can be done smarter and simpler.".

B2B 127

B2B Risk Management Finance Securities 127

PYMNTS

APRIL 15, 2020

At worst, and more likely, they are collecting card numbers, addresses, phone numbers, DDA, ACH and wire account data, and all kinds of important bits of information to apply to the expanded universe of fraudulent activity. Older users are less familiar with banking online, so they are being increasingly targeted in account takeover attacks.

Risk Management 80

Risk Management Construction Securities Banking 80

PYMNTS

JULY 23, 2018

This one may be familiar: Wide receiver and cryptographer walk into a bar and … set the data security landscape on its ear. Neal himself had been hacked while in college and became interested in data security and technology. Keep the key untouchable, then the end result is enhanced security across any number of avenues.

Securities 53

Securities Education Accounting Numbers 53

CFO Simplified

MARCH 11, 2024

But as they grow, that admin is now doing their accounting without much more than a YouTube tutorial on QuickBooks. And we also see the opposite, where a CFO has the title of CFO/Office Manager, and is even relegated to ordering office supplies. Their IOLTA account needs to be balanced and managed to the penny.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

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. After all, people will always need financial services, whether investing their money , taking out loans, or managing their taxes. Senior Accountants. One industry that tends to be recession-resistant is finance.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

Future CFO

OCTOBER 2, 2023

China leads in AI spending China leads in AI adoption in the Asia-Pacific in terms of AI spending, according to IDC, accounting for 50% in the region. AI is being adopted by Japanese industries to improve productivity, quality control, risk management and customer experiences, thereby driving economic growth and technological leadership.

Leadership 52

Leadership Risk Management Forecasting Leverage 52

Strategic Treasurer

FEBRUARY 9, 2022

Description : The 2022 Treasury Fraud and Controls Survey recently closed, with respondents providing valuable data on multiple elements impacting fraud and security. Security practices employed (both human & technological). Cyber risk management and data protection policies.

Treasury 52

Treasury Securities Education Risk Management 52

Future CFO

OCTOBER 2, 2023

Joseph Quinn “They have an investment manager selecting the securities that are purchased by the MMF and assets are held in a custodial account for the benefit of the shareholders. MMFs charge a standard investment management fee and deduct other expenses from the overall pool of assets. “For

Cash Management 52

Cash Management Marketing Treasury Concentration 52

Future CFO

JULY 18, 2023

The Financial Stability Board groups entities in these less transparent and regulated parts of the financial system as other financial institutions (OFIs), which include investment funds, securities dealers, broker dealers, finance and leasing companies.

Banking 52

Banking Leverage Risk Management Financial Systems 52

PYMNTS

JUNE 22, 2020

Consider the fact that, as estimated by Javelin Strategy and Research, the combined estimated losses of new account fraud and account takeover in the U.S. And for the customers, there’s the rabbit hole of trying to prove that the bad guys co-opted their names, social security numbers and other data. alone topped $10.2

Risk Management 77

Risk Management Leverage Accounting Compliance 77

PYMNTS

MAY 27, 2020

Account takeovers (ATOs) rose 347 percent from 2018 to 2019 — a problem that will only worsen if financial institutions (FIs) are not vigilant. Fraudsters equipped with such information could then easily access victims’ online accounts using legitimate credentials and take control of the customers’ funds.

Banking 98

Banking Treasury Risk Management Securities 98

Future CFO

DECEMBER 31, 2019

As CAEs audit their data management practices, audit teams should pay special attention to security controls around data assets, data migration plans and backups for critical data assets. An organisation must also account for contractual reporting requirements if any third parties experience a breach that compromises its data.

Auditing 52

Auditing Risk Management Budgeting Compliance 52

The Finance Weekly

JULY 7, 2022

At the same time that elements of risk are constantly there, investors are demanding more disclosures and a deeper analysis. The never ending game of juggling risk management and increased transparency, all while continuing to lead the finance team and conduct day to day activities, has made the job of a CFO more demanding and complex.

Risk Management 52

Risk Management CFO Concentration Securities 52

Spreadym

APRIL 27, 2023

Risk management: These tools help users identify and manage financial risks, such as market fluctuations, interest rate changes, and currency exchange rates. Read here how API can help manage planning and budgeting process in your business. APIs allow data to be shared between systems and automate tasks.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

CFO Leadership

OCTOBER 10, 2023

Future-forward finance and accounting organizations were quick to embrace robotic process automation (RPA) years ago to manage mundane, repetitive back-office tasks like data entry and routine financial reporting. What data governance, privacy and security procedures do we have in place or need? Where is that data located?

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

NOVEMBER 6, 2020

The convergence of real-time needs and mobile technology means that merchants and their solution providers must change how they think about securing data flows – going beyond, say, biometrics or two-factor authentication. For instance, machine learning and other advanced technologies can boost fraud- and risk-management capabilities.

Risk Management 109

Risk Management Securities Retail Accounting 109

PYMNTS

MAY 10, 2019

That implies an ease of use while giving up nothing when it comes to security. The rule change not only could bring more work for financial institutions and payment service providers, but also underscores the effort needed to bring more payments into the digital age with faster speed and more security — all part of that general ideal.

Accounting 71

Accounting Securities Risk Management Numbers 71