PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number.

Startups 70

Startups Compliance Risk Management Securities 70

Future CFO

FEBRUARY 13, 2023

ICTSI) as senior vice president, chief financial officer and compliance officer says the company’s digitisation agenda was fast-tracked considering state lockdowns during the pandemic. “We We onboarded with Docusign to facilitate more secure digital signatures for transactional and legal documents.

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

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. While these tools can streamline operations, they may also inadvertently disclose proprietary or sensitive information if not properly managed.

Finance 52

Finance Accounting Auditing IFRS 52

CFO Leadership

DECEMBER 12, 2022

Asset-rich companies that have variations in cash flow but need significant capital to help them operate can access revolving lines of credit or term loans that are secured by the borrower’s assets. Nearly eight in ten payment transactions globally are now contactless, and that number is expected to increase. Maintenance and Expansion.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95

PYMNTS

JUNE 22, 2020

And for the customers, there’s the rabbit hole of trying to prove that the bad guys co-opted their names, social security numbers and other data. Against that backdrop, FIs must walk a tightrope, balancing customer security with the customer experience, minimizing onboarding friction while meeting regulatory requirements.

Risk Management 77

Risk Management Leverage Accounting Compliance 77

Future CFO

NOVEMBER 7, 2021

Ira Winkler , chief information security officer with Skyline Technology Solutions in the US, recommends that CFOs consider ransomware prevention as a cost of doing business. McLeary says CFOs are risk managers themselves meaning they need to understand the risk of investments and make the right investments. “By

CFO 96

CFO Forecasting Investments Securities 96

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. They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Simplified

DECEMBER 12, 2021

In publicly traded companies, the CFO is also responsible for the company’s compliance with Securities and Exchange Commission (SEC) rules and regulations. You can’t improve a company by moving numbers around on the income statement or balance sheet. Overseeing risk management. Everyone already knows that.

Accounting 52

Accounting Finance Cash Flow Forecasting CFO 52

PYMNTS

MAY 2, 2016

In his position as Vice President of Global Risk Management for TNS , Umer Ayub understands this reality firsthand. At TNS, this includes managing compliance with regulatory requirements, such as PCI standards, card scheme rules and SSAE16 reports. PYMNTS: What do you wish you had more time to do?

Risk Management 41

Risk Management Compliance Auditing Communication 41

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Banking 42

Banking Risk Management Auditing Compliance 42

PYMNTS

MAY 23, 2017

In this edition of the PYMNTS’ Commander in Chief Series , Western Union President Odilon Almeida shares a day in the life as leader of one of the largest global person-to-person money transfer networks, what smartphones have done for the payments space and why security and compliance are always key in a game where the rules are changing every day.

Compliance 76

Compliance Risk Management Prioritization Retail 76

PYMNTS

MARCH 29, 2019

However, they do not have the bandwidth, or maybe even the desire, to hire and maintain a compliance department in-house, nor do they relish the idea of keeping gigabytes of sensitive information on their servers. All manner of data must be verified, ranging from valid licenses and insurance to criminal histories and bank accounts.

Compliance 68

Compliance Startups Risk Management Leverage 68

PYMNTS

MAY 29, 2019

“We’ve had 10 years of enormous regulation,” UBS Group Chief Compliance and Governance Officer Markus Ronner said, according to the report. “That has tied up enormous resources.”

Finance 43

Finance Compliance Banking Risk Management 43

PYMNTS

MAY 15, 2017

“It is one that is multidimensional, for many reasons, not the least of which are the challenges that are presented” as businesses have evolved and have elected to use an increasing number of third parties for distinct functions. In prior years, a company may have used a third party to supply raw material or parts.

Risk Management 43

Risk Management Auditing Compliance Leverage 43

PYMNTS

FEBRUARY 28, 2020

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. At least two local CUs — First Choice Federal Credit Union and Inspired Federal Credit Union — even filed class-action lawsuits against Wawa for not adhering to best security practices.

Profit and Loss 52

Profit and Loss Securities Benchmarking Nonprofit 52

Future CFO

SEPTEMBER 16, 2020

It is important to maximise business value by harnessing the growing number of digital platforms and tools to recover from the onslaught of the pandemic, explore new business models, and forge ahead by seeking new opportunities to grow and establish your own new normal post COVID-19. What is ACCA’s view on this?

Finance 52

Finance Compliance Accounting Valuation 52

PYMNTS

MARCH 8, 2017

In fact, when it comes to FinTech companies, thinking “small” by focusing and serving a relatively small number of huge markets may provide the best opportunity to drive more impactful revenue with sustainable and profitable growth. There’s more to thinking small than one might think. The key is this: don’t think “small,” think “focused.”.

Marketing 52

Marketing Risk Management Compliance Startups 52

PYMNTS

JANUARY 30, 2020

At the same time, they must manage the mechanics of moving funds across any number of ecosystems and locations. In other words, money transmitters must monitor the “pay out” risk just as much as “pay in” risk. Other tasks that can be automated include compliance and chargeback-related activities. The Partnerships.

Compliance 57

Compliance Technology Planning Risk Management 57

PYMNTS

JUNE 7, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and product to keep from being dragged down by bad loan performance. And for a very good reason: SMB lending is a tough business to be in, Lifshitz told Webster.

Invoicing 49

Invoicing Data Analysis Credit Risk Risk Management 49

PYMNTS

JUNE 6, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and productto keep from being dragged down by bad loan performance. Although technically true, it’s usually the reason that suppliers are interested.

Invoicing 40

Invoicing Data Analysis Credit Risk Risk Management 40

PYMNTS

MARCH 11, 2016

So how can companies strike the balance between ensuring customer acquisition processes are not just efficient, but also frictionless and secure? GIACT Systems’ co-founder and Chief Technology Officer Merlin Bise says the use of smart data in real-time is key to overcoming the onboarding stumbling blocks many companies are facing.

Compliance 44

Compliance Financial Data Finance Technology 44

PYMNTS

OCTOBER 1, 2018

Both the Securities and Exchange Commission (SEC) and the Department of Justice (DOJ) have officially ended a two-year investigation of LendingClub, its subsidiary LC Advisors (LCA), its founder and former CEO Renaud Laplanche and its former CFO Carrie Dolan. On Friday (Sept.

Valuation 54

Valuation Startups Banking CFO 54

The Finance Weekly

OCTOBER 13, 2021

To alleviate any concerns about job stability and secure early buy-in from your finance team, it's vital for business executives to provide a picture of what these new, better jobs could look like. Build a Risk-Intelligent Culture Unfortunately, new business tactics and breakthrough technologies can be risky. Secure a quick win.

Mergers and Acquisitions (M&A) 52

Mergers and Acquisitions (M&A) Economics Risk Management Reconciliations 52

Future CFO

AUGUST 27, 2023

Businesses face a tremendous number of uncertainties. It is a tall ask, considering that today’s macroeconomic risks can come from unexpected directions. You need constant monitoring of your economic outlook because then you can adjust your risk management strategy that will help you mitigate third-party risks."

Risk Management 98

Risk Management Credit Risk Finance Risk Analysis 98

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. They struggle to keep an overview on their cash and risk positions. A professional cash management solution can help to overcome these challenges. In the dark about global cash?

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JANUARY 27, 2017

In your wallet is a driver’s license and possibly a Social Security card. In an age where bits and bytes are continually encroaching on the things we carry, the question becomes: How are our digital identities shaped, and just who (or what) should hold the key to managing those identities? Maybe a credit card or two. And in the U.S.,

Securities 57

Securities Numbers Risk Management Compliance 57

PYMNTS

JUNE 14, 2017

Online fraud is no small problem for merchants, but a significant number of retailers do not spend enough time on the dual goals of streamlining the consumer data experience while weeding out possible fraudulent transactions. Is there lack of awareness of security risks?

Retail 58

Retail Accounting eCommerce Securities 58

CFO News Room

NOVEMBER 8, 2022

I’ve told her, “Hey, I need you to make visuals of these workflows and really walk through it with advisors and CSAs and associate advisors so that we’re not missing anything from compliance, we’re giving the client experience that we want to be giving.” And so, that can move the numbers, as well.

Restructuring 130

Restructuring Planning Accounting Marketing 130

Future CFO

MAY 17, 2021

The organisation’s data management journey has continuously evolved, and the Department has been working with government agencies to strengthen risk management practices. You need commitment from leadership to ensure consistent funding, while employing best practices for security and governance. End result.

Auditing 52

Auditing Pharmaceutical Finance Transportation 52

The Finance Weekly

JULY 19, 2022

Assisting shareholders and management in choosing more shrewd investments. Risk Management. Analyzing the effects of past and future financial activities and behavior in order to evaluate risk. Identifying new revenue sources and cost-saving opportunities. Improving the company's budget and resource allocation.

Financial Planning and Analysis (FP&A) 96

Financial Planning and Analysis (FP&A) Budgeting Forecasting Finance 96

PYMNTS

MAY 5, 2017

Aside from the obvious, the reason this breach is disconcerting to security experts is the way in which a single breach of Sabre’s system could have worked to allow cybercriminals access to a much broader attack surface. Jeff Hill, Director of Product Management at third-party risk management solutions provider Prevalent, Inc.

Securities 45

Securities Leverage Entertainment Auditing 45

Barry Ritholtz

DECEMBER 6, 2022

And I did the math, and I think at that point in time, roughly speaking, assets in ETS were roughly just 10 percent, 12 percent of assets in mutual funds and I was pretty convinced that that number was to increase significantly. I was employee number 10. So we take a more tactical, an active manager approach to that particular product.

Investments 60

Investments Marketing Numbers Risk Management 60

Barry Ritholtz

AUGUST 15, 2023

Or at least the top, pick a number, 30, 40%. SEIDES: I know back then, the premier job in asset management was to run Fidelity Magellan. And at the time, I was managing Protege Partners as a hedge fund of funds. Let me say what your compliance wouldn’t allow you to say. I don’t remember the number.

Benchmarking 52

Benchmarking Investments Marketing Treasury 52

The Charity CFO

APRIL 15, 2022

Why HR compliance issues are a bigger risk than tax compliance for most organizations (and why you shouldn’t trust your accountant with HR). I did risk management. Know what those compliance needs are. Why turnover in the financial department is SO damaging for nonprofits. Thanks for watching. Bye everybody.

Nonprofit 52

Nonprofit Accounting CFO Problem Solving 52

Barry Ritholtz

MAY 23, 2023

So, we’ll take elements or particular strategies from each part of our discretionary strategy and match it with con strategy and return it to clients because we understand and we work with them on their portfolio, the exposure, what they need to achieve, their risk management to create something that is a spoke for them.

Investments 60

Investments Finance Construction Technology 60

Barry Ritholtz

MARCH 27, 2023

I invest less because I’m interested in what widgets a company does, and more in the capital structure and how to position yourself, what the other guy is going to do at the bond level or senior secured level, and how to position yourself to make money. You have a lot — RITHOLTZ: The emerging manager category?

Investments 109

Investments Restructuring Profit and Loss Finance 109