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Flywire CISO: SOC 2 Type II Audits’ Silver Lining

PYMNTS

Controls are everything in business and in data security. Against that backdrop, SOC 2 — shorthand for Service Organization Control, originating from 2011 — is gaining in popularity, according to Flywire chief information security officer Barbara Cousins. A SOC 2 Type II review will include the testing of these controls.

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How to introduce data integrity in your regular FP&A activity?

Spreadym

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.

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Bitcoin Daily: Robinhood Secures NY Money Transmission License; Harvard, Levi Strauss Team On Blockchain

PYMNTS

Chainalysis unveiled an anti-money laundering (AML) compliance solution for stablecoins called Know Your Transaction (KYT), the company said in an announcement. IBM has teamed up with banks and insurers to create a blockchain system for the healthcare space, according to an announcement.

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

Procurement Partners , a procure-to-pay technology provider designed for the healthcare industry, did not disclose how much it raised from Serent Capital when it announced the growth investment. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities. Modularbank.

B2B 77
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Today In B2B: Revolut Debuts New Business Feature; MonetaGo Targets Trade Finance Fraud

PYMNTS

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Procurement Partners , which works on procure-to-pay services for healthcare providers, has received an investment from Serent Capital , according to a press release.

B2B 63
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Deep Dive: How Firms Can Avoid Costly Mistakes Come Tax Season

PYMNTS

Paper-heavy expense and payroll systems can obscure important compliance data, for example, or might otherwise complicate tracking if SMBs or their employees qualify for exemptions. These outdated processes are frustrating and could also lead to costly mistakes. That more-measured approach is not necessary, though.

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Beyond the Basics: 7 Key Focus Areas for New CFOs

CFO Talks

No longer confined to the guardianship of financial reporting and compliance, modern CFOs are now pivotal strategists and advisors at the heart of corporate decision-making. Technology Audit: List current technologies and data analytics tools in use. This efficiency frees the CFO and the finance team to focus on strategic initiatives.