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. This trend is driven by the need for real-time data analysis and insights to make informed business decisions.

Invoicing 98

Invoicing General Ledger Reconciliations Budgeting 98

PYMNTS

DECEMBER 14, 2020

“[Circumstances] have underscored the singular importance of artificial intelligence (AI) in managing credit risk as well as supporting other bank operations. Better credit management is just one benefit AI can confer to banks, however,” per the Playbook. Smarter, Faster Decisioning. It also found that 63.6

Credit Risk 87

Credit Risk Data Analysis Banking Forecasting 87

CFO Share

JULY 27, 2023

AI Advantages and Opportunities for CFOs AI presents key advantages and opportunities for CFOs: AI Enhanced Data Analysis AI enables CFOs to analyze large volumes of financial data quickly and accurately, uncovering valuable insights for decision-making. Where will you take AI in your business?

CFO 40

CFO Data Analysis Analyzing Data Risk Management 40

Barry Ritholtz

APRIL 9, 2024

Since it’s been a few months, I thought we could take a quick look at the Federal Reserve Bank of Philadelphia’s State Coincident Indicators out for both January and February 2024.1 Between book leave and COVID I have been pretty quiet lately.

Manufacturing 117

Manufacturing Banking Data Analysis 117

PYMNTS

JANUARY 25, 2018

This includes checks, brick-and-mortar bank branches, ATM cards and, yes, cash. Some companies, like Cross River Bank of Teaneck, New Jersey, have launched services to ease consumers’ access to physical cash notes by tapping into the convenience of the existing financial infrastructure. Given its high usage in the U.S.,

Banking 40

Banking Data Analysis Accounting Numbers 40

PYMNTS

JANUARY 21, 2021

The January Real-Time Payments Tracker® examines how fraudsters seek to compromise and abuse real-time payments systems and how advanced learning tools, robust data analysis and other strategies can help banks and businesses detect, deflect and defuse such attacks. Around The Real-Time Payments World.

B2C 92

B2C Data Analysis Securities B2B 92

PYMNTS

NOVEMBER 16, 2020

According to the press release, LIKEZERO will help to boost a new, more intelligent level of insight, helping banks, financial institutions (FIs) and other regulated businesses to analyze and extract insight and data from clients' clients.

Data Analysis 67

Data Analysis Auditing Risk Management Accounting Firms 67

CFO Leadership

MAY 31, 2023

Lingering questions remain regarding the full impact of a string of bank collapses. Data analysis and leadership were ranked by CFOs as the most important skills for new team members, outpacing more traditional competencies like accounting and project management.

Prioritization 52

Prioritization Technology Leadership CFO 52

PYMNTS

MARCH 1, 2019

Developed by a London startup of the same name, AZTEC offers encryption of blockchain data at a lower cost, and with a more efficient process, than previous versions. It’s being tested by the most important bank in blockchain today. JPMorgan Quorum, actually,” AZTEC CEO Tom Pocock told CoinDesk.

Foreign Exchange 75

Foreign Exchange Data Analysis Startups Banking 75

Centage

MAY 23, 2023

It’s also impacting businesses, with companies of all sizes struggling to achieve their goals without breaking the bank. Not only can you integrate budgeting, forecasting, and deep data analysis, but you can also identify and present opportunities to your team.

Budgeting 98

Budgeting Financial Planning and Analysis (FP&A) Forecasting Data Analysis 98

Spreadym

FEBRUARY 26, 2023

From Excel to EPM System Excel allows users to collect data with various resources for on-request data analysis. Of course, you can use extra BI systems, but most of the material is still served in Power Point presentations and simple Excel spreadsheets. Here we will look at the issue of integration in more detail.

Budgeting 52

Budgeting SAP Data Analysis Financial Analysis 52

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions. an FI must invest in technology that can support and maintain such efforts at scale.

B2C 92

B2C Education Data Analysis Risk Management 92

PYMNTS

MARCH 18, 2019

Thasunda Duckett, chief executive of Chase Consumer Banking, told the news service she “hopes the new accounts will attract more low-income individuals and people who have never had bank accounts.” Financial inclusion is on the rise, as evidenced by these banking statistics. That rate, which represents about 8.4 million U.S.

Education 70

Education Data Analysis Financial Systems Banking 70

PYMNTS

SEPTEMBER 4, 2019

The site reported that as part of the authority’s “Banking Made Easy” program, lenders are now allowed to use big data analysis to examine and approve credit applications. The company said in a release this week that cementing new banking partnerships will help meet new financial services needs in the post Open Banking era.

Cash Management 53

Cash Management Data Analysis Credit Risk Risk Management 53

PYMNTS

JULY 8, 2020

Leveraging Mastercard insights, the expanded ShopOpenings.com, built in partnership with data analysis company Sixth Sense, provides customers with an updated place to determine which local shops and businesses are open, Mastercard said. This includes businesses reopening after closing in response to the COVID-19 pandemic. “At

Data Analysis 59

Data Analysis Leverage Economics Retail 59

PYMNTS

DECEMBER 12, 2016

The sudden, mandated absence of these higher-denomination notes, along with all sorts of delays in getting new notes to where they needed, ad need to be — into the hands of citizens and even at banks themselves — has prompted a fresh look and usage of the nation’s cashless initiative, which Bloomberg noted “has struggled to gain traction.”.

Data Analysis 68

Data Analysis Currencies Banking Numbers 68

PYMNTS

JULY 21, 2020

One of the biggest points of friction, according to Kaufmann, is the struggle in managing an array of banking relationships that results from this expansion. “And even once those connections are in place, accessing data through multiple bank portals, or even through a TMS [treasury management system], often requires manual work.”

Treasury 64

Treasury Cash Management Data Analysis Compliance 64

PYMNTS

AUGUST 26, 2019

However, in a new PYMNTS interview, Bento for Business Co-Founder and CEO Farhan Ahmad talked about how the proper deployment of digital technology and data analysis can not only bring more efficiency to the spend management but bring a company closer together. Role of Data. A recent U.S.

Data Analysis 43

Data Analysis B2B Technology Banking 43

PYMNTS

SEPTEMBER 11, 2018

Despite the influx of mobile banking and payment options, plastic card use, and a focus on financial infrastructure, cash remains heavily cemented in the Middle Eastern and African economies. Seventy-five percent of adults in South Africa now possess bank accounts, compared to just 60 percent of adults in Turkey. trillion by 2021.

Data Analysis 68

Data Analysis Accounting Economics Banking 68

PYMNTS

MARCH 18, 2019

Worldwide, banks paid out approximately $321 billion between 2009 and 2016, for example, because they failed to comply with money laundering, terrorist financing and other regulations. . banks increasing their AML compliance staffing tenfold between 2012 and 2017, according to one report. Financial and Ethical Security Strategies.

Compliance 72

Compliance Data Analysis Economics Budgeting 72

Adam Kae

JULY 17, 2023

It's important to have a specialized hire to help you go over industry benchmarks, historical data analysis, and forecasting techniques to enhance your decision-making process. Capital Investment and Financing Options Scaling a digital marketing agency sometimes requires capital investments.

CFO 52

CFO Marketing Cash Flow Forecasting Budgeting 52

PYMNTS

NOVEMBER 13, 2019

The My Sis-id app combines a data analysis engine which lets businesses combine account info from suppliers, and an ability to register bank details in the blockchain, creating a tamper-proof, shared ledger of bank data. “My The collaboration resulted in an app that’s available in the Tradeshift app store.

Data Analysis 40

Data Analysis Banking Accounting Securities 40

Barry Ritholtz

APRIL 25, 2024

I believe if we had better and more timely CPI/PCE models, the Fed would already be cutting… Sources : State Coincident Indexes: Release The Federal Reserve Bank of Philadelphia, March 2024 At The Money: Bill McBride on What Data Matters and What Doesn’t (April 24, 2024) Previously : What Recession?

Economics 83

Economics Investments Banking Data Analysis 83

PYMNTS

JUNE 15, 2018

In its announcement, Barclays explained that agent-based modeling differs from regression-based models, which rely on historical behavior data analysis. “By This helps create a more robust and stable bank for our customers, clients and shareholders.”. Venkatakrishnan in a statement.

Quantitative Analysis 40

Quantitative Analysis Data Analysis Risk Management Invoicing 40

PYMNTS

NOVEMBER 5, 2019

Such tools are being used to automate the development of risk profiles, identity verification and data analysis — areas that are key to ensuring quick and secure verification before funds are disbursed. However, implementing new technologies can be tricky for banks and lenders equipped with legacy payment infrastructures.

Data Analysis 41

Data Analysis Compliance Banking Securities 41

PYMNTS

DECEMBER 17, 2019

Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. APIs are also helping banks better serve corporate clients. That trend promises to get even bigger in 2020.

B2B 54

B2B B2C SAP eCommerce 54

PYMNTS

AUGUST 7, 2018

Demonetization was launched in India in an effort to crack down on the nation’s underground economy, boost tax revenues and encourage the transition to a digital banking infrastructure. India has four bank branches per 100,000 people , a rate lower than Australia and South Korea, but more than Singapore. percent by 2021.

Data Analysis 41

Data Analysis Banking Financial Systems Sales 41

PYMNTS

DECEMBER 17, 2019

Thanks to better data analysis — including via machine learning and artificial intelligence, among other emerging technologies — personalization is becoming a bigger part of the overall consumer experience. APIs are also helping banks better serve corporate clients. That trend promises to get even bigger in 2020.

B2B 53

B2B B2C SAP eCommerce 53

Centage

MARCH 30, 2022

When you have cash in the bank, you can rest assured knowing you don’t have to panic and close up shop during less profitable months. After all, even the most successful businesses sometimes go through lean periods, a fact that business owners who survived the pandemic know all too well.

Cash Flow Forecasting 98

Cash Flow Forecasting Forecasting Data Analysis Planning 98

Barry Ritholtz

JUNE 26, 2023

(September 1, 2022) The Post-Normal Economy (January 7, 2022) 10 Bad Takes On This Market (May 19, 2023) Sources : State Coincident Indexes Current Report ( PDF ) Federal Reserve Bank of Philadelphia, May 2023 The post What Recession? appeared first on The Big Picture.

Forecasting 124

Forecasting Banking Data Analysis Marketing 124

CFO Talks

OCTOBER 21, 2022

According to data assembled by the World Bank, Italy had the sixth-highest number of international tourist arrivals in 2019. . “We discussed whether it’s the responsibility of the CFO or the IT person to deal with data analysis and data uploading. You could go anywhere in the city.

CFO 52

CFO Data Analysis Auditing Transportation 52

PYMNTS

NOVEMBER 29, 2017

Total banknotes in circulation surged in 2016, growing by 10 percent to a total of $70 billion — the fastest growth in a decade, according to the Bank of England (BoE). Analysis: Total cash use in the U.K. With banks shuttering, consumers are increasingly relying on ATMs for accessing cash. surged to £218.3 percent of the GDP.

Data Analysis 40

Data Analysis Budgeting Currencies Banking 40

PYMNTS

MAY 1, 2019

Data is a big part of that, especially as many business and consumer relationships become more direct, with middlemen eliminated, the two executives said.

Treasury 49

Treasury Data Analysis Forecasting Technology 49

PYMNTS

NOVEMBER 4, 2016

The PYMNTS.com Global Cash Index™ Poland Analysis also features an interview with Joanna Erdman, director of core service and non-banking products at mBank, one of the largest banks in Poland. Since 2000, there has been a 289 percent increase in the number of ATM terminals in Poland, to 20,531 ATMs in 2014.

Data Analysis 70

Data Analysis Numbers Banking Accounting 70

The Finance Weekly

AUGUST 26, 2023

This AI-driven approach strengthens risk management by providing timely insights and informed decisions based on real-time data analysis and predictive modeling. AI offers continuous monitoring, streamlined reporting, and predictive analytics for overseeing cash across bank accounts.

Risk Management 52

Risk Management Profit and Loss Currencies Compliance 52

PYMNTS

AUGUST 24, 2018

We are tapping our deep capabilities in data analysis to help KeyBank with fraud detection.”. Mastercard and KeyBank had renewed their long-standing relationship in 2017, which began with the bank offering Mastercard-branded debit cards. issuers at Mastercard, said in the announcement. “We

Data Analysis 42

Data Analysis Leverage Securities Technology 42

Barry Ritholtz

AUGUST 9, 2023

Don’t miss my favorite chart from this week’s discussion 46 minutes deep into the episode ; its from Bank of America by way of Batnick (above). My RWM colleagues Josh Brown and Michael Batnick do a bang-up job each week diving into the specifics of the newsflow in What Are Your Thoughts?

Communication 98

Communication Numbers Banking Data Analysis 98