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The Fear of Changing Banks

CFO Simplified

And certainly, the banking environment has changed dramatically. Cash moves nearly instantaneously from one account to another. The personal banker at large banks is a figment of our imagination, and community banks have picked up the mantle of personalized service. Changing banks is a real pain. I don’t think so.

Banking 52
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Nordea Launches Open Banking Tool For Corporate Clients

PYMNTS

Nordic financial services firm Nordea is introducing a new solution to provide corporates with a streamlined financial reporting solution powered by Open Banking. Last year Nordea released its Future of Payments report, urging the corporate payments industry to become standardized across banks.

Banking 57
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Key features for FA&P software to choose the best one

Spreadym

Features of budgeting and forecasting software help users plan the future cash flow. Cash flow management: Software tools for cash management can help business manage the performance of cash flow by providing detailed cash flow statements and projections.

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From Necessary Evil to Mission Fuel: The Strategic Role of Nonprofit Financial Statements

The Charity CFO

Nonprofit financial statements. Is this just a necessary evil just to meet compliance requirements , and make sure there’s enough cash in the bank? Or can your financial statements be a lens to view your organization and fuel the mission? If you want to dig deeper, you can learn more in our Financial Statement Guide here.

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vcfo Austin Team Grows to Include Elbert Johnson, Consulting CFO

VCFO

Elbert is a senior finance professional with nearly three decades of experience in financial reporting and analysis, banking and credit relationships, treasury-cash management, profit improvement, budgeting and forecasting, and e-commerce across multiple industries.

CFO 52
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Treasury APIs, BNPL And Robinhood’s Outage Top This Week’s News

PYMNTS

The British audit regulator, the Financial Reporting Council (FRC), announced plans this week to break up the dominance of the largest four accounting firms: PwC, EY, Deloitte and KPMG. The company told its clients on Monday that it was “experiencing a system-wide outage.”. UK Moves Closer to Big Four Accountancy Breakup.

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Citi’s ‘Unpredictable Q3’ Sees Growth In Treasury Unit

PYMNTS

The financial institution, however, beat analysts earnings expectations — just barely — in what CEO Michael Corbat called an “unpredictable quarter.”. For the third quarter of 2019, Citi reported that revenue for its Treasury and Trade Solutions unit increased 6 percent year over year, to $2.4 billion. “[The Citi APIs and Treasury.