PYMNTS

JUNE 11, 2020

Social distancing restrictions implemented to curb the virus’s spread are preventing compliance professionals from obtaining physical identification documents and holding in-person meetings that typically enforced anti-money laundering/know your customer (AML/KYC) compliance. Compliance Enforcement Goes Remote With Biometrics.

Compliance 74

Compliance Leverage Securities Technology 74

Strategic Treasurer

MAY 12, 2022

Survey Shows Non-Bank Financial Institutions Prioritizing Security, Compliance, Efficiency. Among the top findings were the following points: Security & Fraud Prevention, Compliance, and Efficiency. Disbursement Preferences: Staff, Technology, Structure. Cost and reputational damages are serious concerns for any company.

Prioritization 52

Prioritization Compliance Securities Benchmarking 52

PYMNTS

SEPTEMBER 23, 2020

Other fraudsters leverage more sophisticated techniques like synthetic identity fraud, in which they cobble together wholly fictitious identities with which to conduct their schemes. Technologies like video onboarding and AI have shown promise in facing this threat, but each is vulnerable when deployed alone. billion ($8.9

Technology 83

Technology Construction Leverage Banking 83

PYMNTS

SEPTEMBER 23, 2019

Financial crimes risk management software company Quantifind and Oracle Financial Services have teamed up to improve anti-money laundering (AML) compliance and to add intelligence and automation properties directly into the compliance workflows, according to a release.

Compliance 65

Compliance Risk Management Leverage Technology 65

PYMNTS

JULY 8, 2019

and compliance teams would manually check onboarding customers to make sure their records were clear. Wiping out the manual process and handling compliance in an automated fashion can propel companies forward,” Meier said. A client who passed through compliance checks on day one might not be compliant on day 500, for example.

Compliance 80

Compliance Financial Systems Leverage Banking 80

Bramasol

MARCH 20, 2024

Bundling of chips, software and service offerings that involve multiple companies often entails complex revenue recognition and compliance issues , and semiconductor equipment makers offering new usage-based models can benefit from billing and revenue innovation management solutions.

SAP 94

SAP Compliance Manufacturing Leverage 94

The Finance Weekly

OCTOBER 13, 2021

Compliance: Abide by laws regarding environmental regulations, financial reporting, etc. Additionally, given the significance of new technologies in today’s context of business, FCs need to know how to leverage technical innovations to manage risk and generate value. A prime example of such innovations is of course CPM software.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Strategic Planning 52

Nerd's Eye View

APRIL 22, 2024

Notably, different affiliate platforms have different payout rates; those that pay out the most (and thus have the lowest fees) tend to cover relatively few functions such as compliance and technology, while those that pay out the least (and therefore have the highest fees) cover a significant amount of the advisor's overhead costs.

Compliance 85

Compliance Leverage Practice Management Numbers 85

PYMNTS

SEPTEMBER 16, 2019

Despite announcements last month that the deadline for Strong Customer Authentication (SCA) compliance will be extended , the original proposed deadline approaches next week. The latest PSD2 Tracker looks into how EU merchants and retailers could leverage biometric authentication to better comply with SCA. Previous efforts for the U.S.

Compliance 52

Compliance Communication Leverage Securities 52

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Compliance with Evolving Regulations Nonprofits are no strangers to regulatory and compliance issues. Strategies to Leverage Data and Keep it Safe There are several ways to use technology while also ensuring data security.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

PYMNTS

OCTOBER 13, 2016

Regulation and compliance can be a tough space for many to wrap their heads around. As technology advances, the threat to digital security and identity protection becomes greater, forcing regulations to quickly adapt. Compliance Decoded. Why Compliance Is Going Social.

Compliance 76

Compliance Leverage Technology Securities 76

E78 Partners

APRIL 9, 2024

In an era characterized by rapid digital transformation, businesses across the spectrum are leveraging technology to fuel progress, growth, and competitive advantage. In particular, private equity investors have actively harnessed technology to streamline portfolio company performance.

Investments 59

Investments Compliance Securities Benchmarking 59

Future CFO

MAY 2, 2024

Embracing change Across disciplines, respondents of the Workiva survey nearly unanimously cite complying with new mandates as the most pressing challenge facing reporting teams and the volume of requirements they must contend with as their top compliance concern. Assured integrated reporting is about more than compliance," says Volpe. "It

Compliance 52

Compliance Auditing Budgeting Leverage 52

Future CFO

APRIL 24, 2024

Given the imperative to accelerate digital transformation across industries, CFOs and finance teams need to get better at adopting new technologies and driving the integration needed to make these work optimally. Within just four months, Intel classified over 56,000 products with 99% accuracy. Here are five ways.

SAP 98

SAP Finance Invoicing CFO 98

Future CFO

NOVEMBER 7, 2023

Integrate cloud-based systems — Utilising cloud technology can provide real-time insights during audits and help organisations identify any discrepancies or areas needing improvement in a timely manner. Additionally, KPIs should be monitored on an ongoing basis to ensure that goals remain reasonable with compliance.

Auditing 52

Auditing Finance Compliance Construction 52

PYMNTS

JUNE 1, 2017

Cross-border B2B payments company PayCommerce is strengthening its compliance position through a new partnership with Dow Jones. PayCommerce said Wednesday (May 31) that it is working with Dow Jones Risk & Compliance to add enhanced screening and compliance features to its global corporate payments offering.

Compliance 44

Compliance B2B Leverage Banking 44

Future CFO

JANUARY 7, 2024

By leveraging advanced analytics and cloud technology, CFOs can drive strategic insights, improve forecasting accuracy, and optimise cash management. The challenge is in integrating new technologies such as generative artificial intelligence in the organisation's business models and assessing the total cost of risk at multiple levels.

CFO 52

CFO Risk Management Leverage Strategic Planning 52

Future CFO

FEBRUARY 27, 2024

Key stakeholders from an ESG perspective would be the chief financial officer and the chief compliance officer,” she adds. Two best practices are: Partner with technology providers : Invest in data management software or platforms designed specifically for ESG reporting to streamline data collection, storage, and analysis.

Leadership 98

Leadership Compliance Financial Reporting Economics 98

E78 Partners

JULY 13, 2023

Data-driven IT due diligence refers to the systematic process of evaluating and analyzing the technology infrastructure, systems, and capabilities of a target company before making an investment or acquisition.

Compliance 52

Compliance Leverage Technology Investments 52

The Charity CFO

MARCH 22, 2024

Leveraging data for strategic decision-making has many benefits–from improving your efficiency to increasing the success rate of campaigns or strategies. Compliance and privacy concerns: As more states introduce legislation regarding digital privacy , nonprofits must be able to keep up with regulatory compliance and keep data safe.

Nonprofit 52

Nonprofit Leadership Benchmarking Leverage 52

PYMNTS

JULY 18, 2019

The technology, he noted, is starting to get ahead of the problem and neutralize the pain points. “In The first is the risk and compliance bucket, ensuring practices are aligned with the governing regulatory model, including making sure everyone is who they say they are – on both sides of the transaction. Pushing Past Old Limits .

Technology 64

Technology Compliance Communication Currencies 64

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation.

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

OCTOBER 30, 2020

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. REPORT: Consumer Privacy Concerns Demand Regulatory Compliance. The PYMNTS Weekender is here to catch you up on the latest news at the end of another busy work week.

B2B 64

B2B Technology Pharmaceutical Transportation 64

Spreadym

JULY 21, 2023

Digital transformation in finance refers to the process of integrating digital technologies and innovations into all aspects of financial services and operations within a financial institution or organization. What is a Goal of Digital Transformation in Finance?

Finance 52

Finance Prioritization Compliance Leverage 52

Future CFO

NOVEMBER 1, 2023

Both tax and finance leaders are set to increase investment in digital transformation, said Thomson Reuters recently when releasing a report titled Digital Agendas: How Tax Compliance and Finance Leaders are Preparing for 2024. Over a quarter of respondents (26%) foresee restructuring their tax teams in the coming 12 months.

Investments 52

Investments Finance Restructuring Compliance 52

Bramasol

MARCH 31, 2023

BRIM Portfolio Applications Have Become the Go-To Solutions for DSE When it comes to implementing DSE business models, our discussions at SAP Insider confirmed that the SAP Billing and Revenue Innovation Management (BRIM) portfolio has quickly gained traction as a core foundational technology.

SAP 86

SAP Compliance Invoicing B2C 86

CFO Talks

MARCH 14, 2024

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. This transformation is driven by several factors, including rapid technological advancements, globalization, and an increasingly complex regulatory landscape.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

Future CFO

AUGUST 21, 2023

Mark D McDonald “Just like any disruptive technology throughout history, AI will inevitably displace and replace some roles and skills, but new roles, skills, and opportunities will also emerge." What level of maturity in terms of experience at work and in the use of technology should a finance person have for AI to make a difference?

Finance 98

Finance Compliance Data Analysis Leverage 98

Future CFO

JANUARY 16, 2024

To be prepared, CFOs must keep in mind of the following for better business travel cost management : Utilising new technology CFOs are increasingly leaning on sophisticated travel management systems that offer not just data but insights. One of the key technologies being used is sophisticated booking and expense management systems.

Cost Management 52

Cost Management Budgeting Compliance Education 52

Future CFO

DECEMBER 11, 2023

The following are ways a finance leader can help staff through leveraging automation : Reduce manual data entry. With cloud-based technology, the company have the ability to share data and documents directly and securely. By reducing manual data entry, the company can boost accuracy and save time.

Compliance 52

Compliance Leverage Finance Accounting 52

Future CFO

FEBRUARY 11, 2024

Just 32% of managers say the same Technology access is going to be key to unlocking value in ESG/Sustainability. 97% agree that access to technology and data will play an essential role in making decisions to advance ESG strategies in the future. There is a disconnect between executives and employees. million for organisations.

Net Present Value (NPV) 98

Net Present Value (NPV) CFO Compliance Economics 98

PYMNTS

OCTOBER 5, 2020

Financial institutions (FIs), payment providers and FinTechs are deploying numerous technologies to keep money launderers away, including artificial intelligence (AI) and data analytics. Deep Dive: Leveraging AI And ML To Prevent Money Laundering. trillion annually over the next several years.

Compliance 56

Compliance Prioritization eCommerce Leverage 56

Bramasol

SEPTEMBER 26, 2022

Railway freight services are turning to new technologies for tracking, efficiency and flexibility. Geotab in the fleet management sector uses on-vehicle tracking devices and comprehensive software to provide companies with turnkey management of fleet productivity, optimization, safety, compliance and uptime.

Transportation 89

Transportation SAP IFRS Compliance 89

Future CFO

NOVEMBER 15, 2023

Risk Management and Compliance CFOs need to ensure that their financial processes and spreadsheets comply with various regional and international regulations. This might involve implementing automated compliance checks and utilising tools that provide real-time alerts for potential risks.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Leverage Communication Compliance 52

Bramasol

FEBRUARY 13, 2023

Long-term contracts: With many SaaS customers committing to long-term contracts that include usage, entitlements and other rights, it can be difficult to track and support actual consumption while assuring accounting compliance.

SAP 79

SAP Compliance Leverage Accounting Standards 79

Bramasol

MAY 31, 2023

We also met with many forward-looking companies seeking to accelerate their digital transformation roadmaps, launch new Digital Solutions Economy™ offerings, and/or optimize their compliance programs. along with ERP, finance, and revenue recognition functions within the overall SAP ecosystem.

SAP 78

SAP Compliance Transportation Leverage 78

PYMNTS

AUGUST 14, 2017

A new study has found that implementation of digital technology has enabled procurement organizations to reduce their full-time workers by an average of 29 percent, lowering labor costs by 22 percent. “As a profession, we have learned to leverage and appreciate these kinds of suppliers.”

Technology 48

Technology Compliance Communication Leverage 48