PYMNTS

AUGUST 7, 2020

In addition, as the number of digital transactions rises, so do disputes. of India (NPCI) uncovered more than three dozen critical security risks last year, according to an internal government document seen by Reuters. In response, NPCI said it routinely conducts audits and fixes any vulnerabilities.

Banking 106

Banking Auditing Numbers Securities 106

Nerd's Eye View

APRIL 14, 2023

Also in industry news this week: The Foundation For Financial Planning has gotten a boost toward its goal of connecting 10,000 CFP professionals with pro bono work thanks to increased funding from Orion Advisor Solutions FINRA has resubmitted a proposal, now with tighter rules, that would allow a broker working remotely to supervise other brokers, (..)

Auditing 67

Auditing Practice Management Leadership Securities 67

CFO Leadership

OCTOBER 18, 2023

They’re not very good at mathematics or dealing with numbers in general. Using these AI tools in their current state in sensitive areas like finance and accounting raises security concerns. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis.

Finance 52

Finance Accounting Auditing IFRS 52

CFO News Room

JANUARY 19, 2023

But questions remain about how secure and reliable it is when compared to traditional brokerages. These protections help safeguard investors’ funds and securities in the event of a brokerage firm’s failure or other financial losses. SIPC stands for the Securities Investor Protection Corporation. Is Robinhood Safe to Use?

Profit and Loss 130

Profit and Loss Securities Nonprofit Investments 130

PYMNTS

OCTOBER 2, 2020

Adhering to Payments Card Industry (PCI) Data Security Standards (DSS) is an unavoidable requirement for any and all eTailers that accept card payments, but a surprising number of firms are not up to speed on these standards. The need for digital security has never been more paramount than during the COVID-19 crisis.

Compliance 97

Compliance Auditing Securities Numbers 97

Nerd's Eye View

APRIL 7, 2023

Enjoy the current installment of "Weekend Reading For Financial Planners" - this week's edition kicks off with the news that the T3/Inside Information Software Survey is available, providing insights into which technology tools advisors use and their level of satisfaction with them, which highlighted the continued rise of specialized financial planning (..)

Prioritization 78

Prioritization Auditing Practice Management Communication 78

PYMNTS

APRIL 24, 2017

McGurk agreed, noting why the first lesson of information security — the first consideration before one gets to technology or process — is humility. You can’t get overconfident in information security,” he said. We have third parties and internal audits that are performed against various security processes each year.

Securities 46

Securities Compliance Concentration Auditing 46

Future CFO

DECEMBER 31, 2019

As organisations continue to collect customer and employee data, chief audit executives (CAEs) are increasingly concerned about how to govern and protect it, noted Gartner. Continuous monitoring and right-to-audit contract provisions can help ensure that third parties adhere to an organisation’s protocols around data use and behaviour.

Auditing 52

Auditing Risk Management Budgeting Compliance 52

PYMNTS

NOVEMBER 3, 2020

The firm said it discovered the breach after an internal audit and that it has reported the breach to Swedish regulators. It oversees about $50 billion in insurance assets and is a major investor in a number of Sweden’s biggest companies. “We elections or fraudsters looking to take advantage of the pandemic’s eCommerce trends.

Auditing 102

Auditing eCommerce Securities Sales 102

Nerd's Eye View

DECEMBER 30, 2022

Enjoy the current installment of “Weekend Reading For Financial Planners” - this week’s edition kicks off with the news that the passage of “SECURE Act 2.0” Why it is important for advisory firms to conduct an audit of their tech stack and the steps they can take to conduct the exercise.

Auditing 75

Auditing Planning Leverage Investments 75

PYMNTS

SEPTEMBER 29, 2020

The German payments company filed for bankruptcy protection in June and is already facing an investigation by APAS, the body that oversees auditing firms in Germany. An audit by KPMG , a global auditing firm, criticized Wirecard’s lack of transparency. EY was Wirecard’s auditor for more than a decade.

Auditing 75

Auditing Accounting Firms Accounting Sales 75

Future CFO

OCTOBER 1, 2023

CIO, chief data officer, chief information security officer) to distinguish hype from reality and share results with other executive leadership team members. However, the extensive number of parameters and connections used to create these outputs prevent any transparent reconciliation of the algorithm’s response.

Leadership 52

Leadership Reconciliations Auditing Compliance 52

PYMNTS

DECEMBER 11, 2019

The number alone shows that attacks have increased 60 percent since last year, the company said. However, those numbers don’t show the accurate number of damage, and the longer-term consequences of the ransomware actions are more devastating. . This inevitably results in costs that are in addition to the ransom requested.”.

Auditing 52

Auditing Budgeting Securities Numbers 52

PYMNTS

OCTOBER 6, 2020

Keeping customers' digital payment data safe and secure is a critical part of doing business in the digital economy, and following Payment Card Industry (PCI) compliance guidelines is an effective way for firms to accomplish this. Relying on third parties to store this data also makes the auditing process easier.

Compliance 71

Compliance Auditing Securities Education 71

The Charity CFO

MARCH 24, 2022

They lacked evidence to explain a significant spike in the number of community locations Feeding Our Future claimed to support. . And in early 2021, the department labeled Feeding Our Future “seriously defective” due to incomplete financial audits and lapsed IRS nonprofit registration. And it can be very hard to detect.

Nonprofit 98

Nonprofit Profit and Loss Auditing Leadership 98

PYMNTS

AUGUST 12, 2020

Securities and Exchange Commission (SEC) on Monday (Aug. auditing standards by the end of next year. auditing standards by the end of next year. That includes opening up their audit records to U.S. Lufax is one of just a number of Chinese firms rushing to file their IPO paperwork with the SEC.

Auditing 58

Auditing Treasury Planning Securities 58

PYMNTS

JUNE 22, 2020

The Securities and Exchange Commission has filed a lawsuit to freeze the assets of two brothers allegedly engaged in “an offering fraud” and in misappropriating investor funds. The brothers’ fund allegedly pumped up its earnings numbers, claiming to have earned 100.77 The complaint was filed in the U.S. percent and 92.90

Auditing 70

Auditing Securities Investments Numbers 70

PYMNTS

NOVEMBER 29, 2018

Considering the entertainment market’s complexities, including the number of players involved and the challenges of moving money between them all, there seems to be no shortage of financial friction points for FinTech firms to address. Being able to solve them with cryptocurrency is no guarantee.

Auditing 54

Auditing Entertainment B2B Finance 54

PYMNTS

OCTOBER 5, 2020

Retailers must protect customers’ card data from hackers who try to snatch payment details, and following best practices to ensure security requires adhering to the regulations established by the PCI SSC, a global payments industry forum. Some firms may also simply wish to avoid the cost and distraction of conducting regular PCI audits.

Compliance 82

Compliance Securities Auditing Retail 82

Future CFO

JUNE 26, 2023

The increased number of sophisticated attacks in the region gives real cause for concern, as seen in the case of the popular 3CX phone service application which was turned into a trojan as part of a supply attack, said Vivek Gullapalli, Chief Information Security Officer, APAC, Check Point Software Technologies.

Leadership 52

Leadership Manufacturing Education Securities 52

CFO Simplified

JANUARY 2, 2022

Reliance Upon Outside Audits . It can be tempting to rely upon an annual audit to catch fraud. Phishing schemes are more sophisticated than the days of the Sudanese prince who asks for your routing number. Are you worried about your business’s data security going forward into 2022?

CFO 52

CFO Auditing Accounts Payable Securities 52

PYMNTS

AUGUST 19, 2019

The Australian Securities and Investments Commission (ASIC) is just weeks away from filing lawsuits against the country’s biggest banks, as the regulator increases its active investigations, Reuters reported on Monday (Aug. ASIC Deputy Chair Daniel Crennan said the latest proceedings would be issued by year-end.

Banking 43

Banking Auditing Investments Numbers 43

PYMNTS

JULY 13, 2020

Eligible Sezzle holders will also be able to acquire additional CDIs through a Security Purchase Plan (SPP). The company allows shoppers to make payments in four equal numbers across six weeks. Sezzle offers BNPL services in the form of letting customers access a new form of credit if they’ve had to forego the traditional kind.

Auditing 72

Auditing Investments Securities Numbers 72

Future CFO

OCTOBER 12, 2021

Work from anywhere: a driver of changes Respondents cite a number of different drivers for these changes, ranging from changes to their business model (52%), supply chain (43%), work from anywhere practices (46%) or environmental, social and governance (ESG) pressures (36%). .

Auditing 40

Auditing Restructuring Compliance Numbers 40

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. Bureau of Labor Statistics, employment numbers for Financial Managers are expected to rise by 17% over the next decade , faster than the average for all occupations. According to the U.S. Chief Compliance Officer.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

CFO Share

JULY 20, 2021

Your books need to be investigated to discover where the numbers diverge from reality. At CFOshare, we approach forensic accounting investigations with a friendly but firm process of uncovering the truth in the numbers and identifying fraud or embezzlement. Now is the time to perform forensic accounting. Detail oriented instincts.

Accounting 52

Accounting Profit and Loss Auditing Invoicing 52

PYMNTS

DECEMBER 7, 2020

Plus, Pioneer Bank sues over MyPayrollHR scandal, Procurement Partners secures new funding, and ImagineTime partners on FinTech for accountants. Through 100 percent invoice integration, the service boasts improvements to savings, and offers a compliance audit feature that can help vendors cut spending. Revolut , which is valued at $5.5

B2B 63

B2B Finance Practice Management Invoicing 63

PYMNTS

MARCH 1, 2019

However, all the messaging companies will likely face the same regulatory and technology issues that bitcoin has faced due to a lack of central authority over cryptos, as well as the designs of the computer networks that make it difficult to complete a significant number of transactions.

Currencies 85

Currencies Auditing Securities Technology 85

PYMNTS

AUGUST 13, 2019

Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. KrebsOnSecurity reported the breach in May.

Auditing 46

Auditing Securities Numbers Accounting 46

PYMNTS

AUGUST 13, 2019

Securities and Exchange Commission is reportedly investigating a security breach at First American Financial Corporation that saw the exposure of upwards of 885 million financial records and personal files related to mortgages dating back to 2003. KrebsOnSecurity reported the breach in May.

Auditing 43

Auditing Securities Numbers Accounting 43

PYMNTS

JULY 15, 2019

Thwarting fraud and making usage as secure as possible are key concerns for Canadian trading platform Bitbuy. The company has focused tightly on security as it helps its user base purchase, sell and trade cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Litecoin and XRP.

Auditing 77

Auditing Securities Compliance Accounting 77

PYMNTS

JULY 30, 2020

Report: India’s National Payments Corp Vulnerable To Security Breaches. of India (NPCI) discovered over three dozen security risks in 2019. The audit determined that personal information held by the main digital payments system in the country operated by the RuPay card network was vulnerable. National Payments Corp.

Auditing 53

Auditing Forecasting eCommerce Securities 53

PYMNTS

FEBRUARY 13, 2020

billion phones with fingerprint scanning that will go to market at the same time, and you’ve got the makings of a serious online security upgrade. That upgrade is coming in the form of national digital ID initiatives now underway in a number of countries from Argentina to Ukraine. Add those to the 4.6 Passports aside, the U.S.

Auditing 60

Auditing Securities Numbers Accounting 60

PYMNTS

JANUARY 2, 2020

“That means accountants will be expected to become business advisers, not just number checkers. In other news, the Securities and Exchange Commission (SEC) has approved a proposal to simplify its auditor independence rules and relax some conflict of interest regulations. They need to be on top of technology and train staff to use it.”.

Data Analysis 71

Data Analysis Accounting Standards Auditing Invoicing 71

PYMNTS

NOVEMBER 26, 2019

In one tactic blending low and high tech, a fraudster can find a victim’s phone number online, call the victim with a spoofed bank phone number (pretending to be the bank), explain that a one-time password (OTP) is being sent, and trick them into divulging their own login credentials or reading the security OTP code over the phone.

Education 61

Education Construction Auditing Credit Risk 61

CFO Share

MAY 25, 2021

Routine payroll audits. Physical security such as locked doors, cameras, badge readers and visitor management systems. CALLER: I can walk you through it, just go to the machine, click settings, and read me the code under toner status and machine serial number. Serial Number 274-5675-138-D. Property Theft.

Auditing 52

Auditing Accounting Manufacturing Education 52

PYMNTS

SEPTEMBER 18, 2020

Deloitte will be the first of the “Big Four” accounting firms to break up its business following the selection of a new auditing board. The firm, in addition to KPMG, EY and PwC, had been cautioned by regulators that their companies had to break off their consulting divisions from their audit arms. In the U.S.,

Auditing 56

Auditing eCommerce Sales Accounting Firms 56