PYMNTS

MARCH 27, 2019

While regulators had transparency and financial security in mind when introducing more stringent requirements for banks following the global financial crisis, financial institutions faced a sudden surge in the burden compliance. The Key To Compliance Is Data.

Compliance 46

Compliance Banking Analyzing Data Prioritization 46

PYMNTS

JANUARY 14, 2020

Payments and financial service providers are facing an even greater challenge in balancing these two capabilities in the age of open banking and cloud migrations, with more opportunities than ever before for sensitive company and customer data to be compromised. Greater Security Without Compromising UX.

Securities 101

Securities Compliance Financial Data Banking 101

PYMNTS

JUNE 24, 2019

With the Strong Customer Authentication (SCA) compliance deadline less than four months away, banks are still underprepared. While banks continue to open their application programming interfaces (APIs) to third-party providers and FinTech firms, many are still in the dark when it comes to SCA. Around the PSD2 and GDPR Worlds.

Banking 64

Banking Compliance Advertising Startups 64

Global Finance

JULY 29, 2024

Generative AI could help the Gulf’s traditional banks wrest the competitive advantage back from challenger and neobanks. While artificial intelligence was already promising profound changes in the traditional banking business model, the latest innovation in the technology—generative AI—portends a multisensory revolution in banking services.

Management Consulting 124

Management Consulting Banking Finance Compliance 124

Global Finance

JUNE 9, 2025

Based in Morocco, Attijariwafa Bank has significant operations in 15 countries in northern and western Africa, along with branches in Europe and Asia. Wenov strives to bring innovation to the financial sector. Startups nurtured work in the fields of AI, blockchain, cybersecurity, and open banking and payments.

Startups 52

Startups Banking Compliance Investments 52

PYMNTS

DECEMBER 8, 2019

As a way to prevent unfair competition, the Financial Stability Board (FSB) said in a report on Sunday (Dec. 8) that there should be “vigilant monitoring” of Big Tech’s move into financial services. Firms like Google, Alibaba and Facebook could be forced to share data with banks and FinTech firms.

Financial Data 52

Financial Data Concentration Auditing Leverage 52

CFO Talks

NOVEMBER 29, 2024

My career journey began at the age of 20, working in banking shortly after finishing my studies. Learning to analyse financial data with a strategic lens, understanding broader business impacts, and identifying potential risks are essential skills for any future CFO. Can you share some career highlights and defining moments?

CFO 95

CFO Auditing Leadership Finance 95

PYMNTS

FEBRUARY 22, 2017

Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negative impact for businesses. The banking sector is moving away from offering a simple, straightforward view via statements and transaction data, Cashfac noted.

Accounting 54

Accounting Banking Cash Management Compliance 54

CFO News Room

DECEMBER 16, 2022

They may work in various industries, such as investment firms, accounting firms, banks, or the government. Employment numbers for Financial Managers are expected to rise by 17% over the next decade, faster than the average for all occupations. Chief Compliance Officer. Financial Examiner. Average salary: $81,410 per year.

Finance 130

Finance Budgeting Financial Analyst Compliance 130

PYMNTS

JANUARY 30, 2020

Banks and FinTechs continue to discover new opportunities in unlocking corporate clients’ financial data, with banks embracing data integration for their own product development initiatives, and FinTechs finding new ways to collaborate with each other. AccountantsWorld Unlocks Payroll Data for FinTechs.

Banking 64

Banking Accounts Payable B2B Accounting 64

PYMNTS

JULY 5, 2017

Last year, a report by Citigroup estimated that 30 percent of bank jobs could be replaced by robots between 2015 and 2025, with Citi concluding that “FinTech is forcing banking to a tipping point.” But data can quickly turn into a burden.

Financial Data 52

Financial Data Financial Reporting Auditing CFO 52

Global Finance

JULY 31, 2024

Banks function in a digital economy where threats are constantly rising – there were twice as many unique cyber incidents in the third quarter of 2023 compared to the previous year. The average cost of a data breach in 2023 reached $9.5 One reason why North American banks’ lag on cybersecurity could be the challenge to find talent.

Banking 64

Banking Leadership Securities Budgeting 64

PYMNTS

SEPTEMBER 25, 2018

Financial services advisory firm Enterprise Engineering is spinning off a new company to link banks and financial institutions with data management tools. While the collaborative trend has lessened the competitive pressure between banks and FinTechs, a separate initiative by the U.S.

Banking 51

Banking Financial Data Compliance Currencies 51

The Charity CFO

FEBRUARY 4, 2022

A bookkeeper records and organizes financial data; an accountant interprets and presents that data. . The nonprofit bookkeeper is the front line in the battle for the accurate financial data you need to run your business, so let’s review the core responsibilities of a nonprofit bookkeeper. . Manage payroll .

Nonprofit 91

Nonprofit Invoicing General Ledger Accounting 91

Global Finance

FEBRUARY 12, 2025

A recent study showed that over 90% of millennials prefer mobile apps for banking and financial services, and expect similar accessibility from their asset managers. Real-time data access Millennials and gen Z clients have high expectations for immediacy in financial information.

Compliance 52

Compliance Technology Communication Investments 52

PYMNTS

MAY 23, 2017

Sage and Cashplus are integrating each other’s data to launch a new Sage tool called Bank Feeds, which means joint customers of Sage solutions and Cashplus business accounts can automate and streamline bank reconciliation to ensure accounts and records are up to date and accurate. s digital tax initiative. “As payments unit.

Banking 43

Banking Reconciliations Accounting Compliance 43

PYMNTS

FEBRUARY 24, 2020

billion-strong, high-spending consumers and their willingness to adapt to new technologies, trends and products may represent the economy of the future for many banks and businesses, but it is notoriously difficult for firms to enter and compete in this market. Confronting the Chinese Privacy Myth . he remarked.

Compliance 64

Compliance Banking Securities Financial Data 64

E78 Partners

JUNE 16, 2025

Early IT due diligence, followed by a structured integration plan, ensures scalability and data consistency from the outset. Inconsistent Financial Reporting and Controls: A lack of visibility into financial data, reporting cadence, or compliance frameworks can result in missed targets and stakeholder distrust.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Leadership Profit and Loss Communication 52

PYMNTS

NOVEMBER 16, 2020

A committee said in an issues paper that it would look into requirements for “accredited data recipients, particularly with the potential for big non-bank technology companies to become accredited,” as reported by the outlet.

Compliance 60

Compliance Advertising Retail Technology 60

Future CFO

AUGUST 1, 2023

The demand for mobile wallets, online banking services, and the increasing adoption of digital technologies has led to the expansion of the financial applications market in Asia/Pacific. Companies are increasingly seeking secure and compliant solutions to manage their financial data.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

DECEMBER 5, 2017

Data management is becoming an increasingly pressing concern for most financial institutions, as bank regulations continue to shift around the globe, according to new research. In its survey, Wolters Kluwer found that approximately 90 percent of banks say they have major concerns about data management.

Banking 40

Banking Compliance Finance Financial Data 40

CFO Plans

SEPTEMBER 24, 2024

Managing taxes efficiently is one of the most daunting tasks, often leading to stress and potential financial pitfalls. Operational accounting services offer crucial support, ensuring financial health and compliance. Let’s explore expert strategies that can transform your small business’s financial outlook.

Tax Planning 52

Tax Planning Compliance CFO Risk Management 52

CFO Talks

SEPTEMBER 17, 2024

Building Robust IT Systems for Financial Reporting As financial operations become increasingly complex, having the right IT infrastructure in place is no longer just a back-office necessity—it’s a strategic advantage. Cloud-Based Solutions: Cloud technology allows CFOs and their teams to access financial data anytime, anywhere.

Financial Reporting 52

Financial Reporting Auditing Compliance CFO 52

Trade Credit & Liquidity Management

MARCH 6, 2025

In today's fast-paced and data-driven world, the business information marketplace is crucial in supporting a wide range of use cases. This marketplace offers valuable insights and data that empower businesses to make informed decisions, enhance their operations, and ensure compliance with regulatory requirements.

Financial Analysis 52

Financial Analysis Compliance B2B Financial Data 52

PYMNTS

JANUARY 22, 2021

The firm connects small businesses with real-time financial data to manage accounting and cash flow. The startup uses data analytics technologies to connect small businesses to a range of business loan products via bank partners. Angel investors provided the funding just months after the startup launched last September.

B2B 81

B2B Securities Startups Investments 81

PYMNTS

FEBRUARY 10, 2020

Lingering issues of trust and a foggy regulatory climate continue to hold up B2B adoption of faster payments among financial institutions (FIs), but nothing can hold it back. Cautious by nature and slow-moving by design, legacy FIs fret about open banking architectures that lower the drawbridge for FinTechs. Nimbler FinTechs Hook Up.

B2B 59

B2B Treasury eCommerce Banking 59

CFO Leadership

OCTOBER 10, 2023

As AI permeates finance, questions about its compliance with audits and financial governance will arise. For instance, could financial statements generated by ChatGPT withstand audit scrutiny? Whether ChatGPT applications could pass a SOC-1 audit, a crucial certification for control over financial reporting, remains to be seen.

Accounting 95

Accounting Finance Auditing IFRS 95

PYMNTS

SEPTEMBER 17, 2020

Advocates claim that the availability of more data would have made the disparity lower. One section of the outline includes exemptions for reporting data that some smaller banks think is too low, Morning Consult writes. The outline has three potential thresholds for exemption: banks that make less than 25 loans or $2.5

Compliance 53

Compliance Financial Data Banking Securities 53

Future CFO

OCTOBER 9, 2024

A recently published whitepaper by Moody's looked deeper into the transformative impact of artificial intelligence on the credit memo process, including the challenges and solutions to boost efficiency in banking operations. This step includes technical integration, data migration, and ensuring compliance with regulatory standards.

Risk Management 52

Risk Management Compliance Communication Leverage 52

Spreadym

JULY 21, 2023

Key components of digital transformation in finance include: Automation and Artificial Intelligence (AI) : Implementing AI algorithms and robotic process automation (RPA) to streamline repetitive tasks, such as data entry, customer support, and fraud detection, leading to reduced costs and increased accuracy.

Finance 52

Finance Prioritization Compliance Leverage 52

Future CFO

JANUARY 22, 2024

Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing. Real-time Data Insights The advent of cloud-based accounting solutions has turned real-time financial data availability into a reality for businesses of all sizes.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

MARCH 7, 2017

Three broad areas of special interest to the bureau were discussed – encouraging consumer-friendly innovations, the issue of consumer control over their personal financial data and the benefits and risks of using unconventional sources of data to underwrite loans and provide access to credit to more consumers.

Nonprofit 49

Nonprofit Compliance Financial Data Startups 49

PYMNTS

NOVEMBER 29, 2017

Frontier ruffians may be a thing of the past, but as banks increasingly move toward or are born online, “robbers” have followed them into the digital age. According to the forthcoming digital bank-and-brokerage service combo’s co-founder and CEO, Stephane Lintner, the firm is launching a model that reimagines security in the digital age.

Banking 43

Banking Securities Accounting Treasury 43

PYMNTS

MARCH 27, 2020

open banking may be able to change that. While open banking FinTech innovation has initially focused on opening up bank account data to third party platforms, there is another component to the initiative with major implications for the payments landscape. Opening The Door To QR Codes. A B2B Opportunity.

B2B 60

B2B Banking Securities Accounting 60

Global Finance

JUNE 6, 2024

Among the company’s offerings is Neuron, a core banking system platform in the Middle East and Africa designed for integration. The API software enables MNT-Halan to connect with various digital banking services that optimize the banking experience.

Technology 59

Technology Invoicing Finance Compliance 59

PYMNTS

DECEMBER 27, 2019

These digital expense solutions have eased expense reporting frustrations and given companies like Sysco more insight into their associates’ needs and improved access to financial data, creating efficiencies and enhancing program compliance. Program compliance . Expected and unexpected benefits .

Compliance 52

Compliance Healthcare Education Accounting 52

PYMNTS

DECEMBER 8, 2020

In today’s top news, economists expect the economy to recover back to pre-pandemic levels by the end of 2021, and China’s banking watchdog warns of further Big Tech regulations. The pandemic has put small businesses in a world of financial hurt, with many looking to lenders for critical support.

Startups 52

Startups Economics Compliance Forecasting 52