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Efficiency remains at play, but compliance and innovation scores Globally, banks have been focused on reducing costs this past year. Regulatory compliance has become a top priority for banks as they navigate an increasingly complex regulatory landscape related to AI, resilience, and open banking.
But the same capabilities that make AI so useful – namely, its ability to analyze and generate human-like content at scale – also introduce complex compliance and regulatory risks. Recordkeeping is another key compliance obligation. However, this doesn't mean that AI tools must be avoided altogether.
Security and Compliance: As companies migrate to the cloud, they can rely on their cloud ERP provider to prioritize data security and regulatory compliance. Leading cloud providers invest heavily in security measures and compliance protocols to protect sensitive information.
Let’s start with this: Gas de Cameroon is recognized for its use of advanced extraction technologies, which offer significant operational advantages but often come with substantial upfront costs. While financial performance is critical, we also prioritize community development, environmental stewardship, and local economic support.
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
They’ll also reveal 3 key focus areas community banks should factor into their efforts to develop targeted products for these highly sought after demographics, including: Customer Experience 🤝 Banks that prioritize customer experience grow 3.2x faster than their competitors. Save your seat today!
As stewards of financial data, CFOs must prioritize cybersecurity measures to ensure the security of sensitive information and maintain client trust. This includes deploying cutting-edge encryption technologies such as Advanced Encryption Standard (AES) and Transport Layer Security (TLS) to secure data both in transit and at rest.
Whether through guiding a company through periods of expansion or navigating complex challenges, I am motivated by the potential to make a significant impact. Additionally, I plan to stay engaged in continuous learning, ensuring I remain adaptable and well-versed in the latest business trends and technologies.
According to Bues, the cloud-native applications market is gravitating toward platforms that provide security, integration, and compliance benefits all in one place. There is an amazing correlation of data and prioritization, which saves a lot of time for the security practitioner from alert fatigue and reduces false positives, he adds.
GF: How is Boubyan Bank using AI technologies now? We prioritize secure data handling, encrypted transactions, and explainable AI models. We balance innovation with compliance and trust, ensuring that AI enhances service without compromising privacy, security, or regulatory integrity.
It aids investment and credit teams in risk management by standardizing tracking, quantifying qualitative data, aggregating sources, prioritizing risks, and adapting to new regulations. ” By pioneering open, standardized reporting solutions, REGnosys is helping redefine how financial institutions tackle regulatory compliance. .
5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury. 5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation In today’s increasingly data-heavy finance arena, process automation is no longer a luxury.
Technology is reshaping private equity (PE) by enabling portfolio companies to achieve operational efficiency, revenue growth, and higher valuations. The technology function is now emerging as an indispensable partner in driving sustainable value creation and competitive advantage.
Prioritize Risks Effectively Using a simple four-box model that categorizes risks based on likelihood and impact, businesses can focus on high-priority risks that need immediate attention. BPs failure to enforce safety protocols and prioritize risk management led to one of the most devastating environmental disasters in history.
Consider a financial services company that managed to scale its operations by prioritizing cash flow optimization. By employing advanced forecasting tools and real-time financial reporting, they maintained a healthy cash reserve, allowing them to invest in new markets and technologies confidently.
With governance practices and team capabilities evolving rapidly, finance professionals will have to adapt fast in an environment where strategic use of AI-driven technology is becoming a core differentiator. You have to get on the technology train.” “It’s about staying competitive,” he says.
Technology witnessed increased investment in cybersecurity and AI-driven solutions, aligning with Bain’s projection that tech-driven transformation will be a core PE focus moving forward. Key Insight: Operating partners must prepare for longer diligence processes and allocate resources for enhanced regulatory compliance.
Al Fulaij: In line with Kuwait Vision 2035, NBK identifies high growth potential in renewable energy, technology, digital transformation, health care, logistics, and contracting. GF: How is NBK addressing these, and what role does technology play in doing so? GF: Which sectors have the greatest potential for growth?
Once again the move into a new year offers an excellent opportunity to look at the trends that will dominate business technologies in 2025. In this Insights news post we provide an updated look at the four key areas of AI, Cloud, Compliance and Sustainability.
ensuring legal and regulatory compliance; 2) “Should we use it?”: prioritizing fairness, transparency, explainability, and accountability in implementation. “We At Singapore’s DBS Bank, consideration of any AI initiative starts with three questions: 1)“Can we use it?”:
Wenov’s WeLab experiments with emerging technologies. In 2024, Wenov purchased more than $750,000 of these technologies. Currently, lab activities focus on the adoption of cutting-edge technologies in fields such as the metaverse, mixed reality, decentralized finance, and AI. The lab has focused heavily on AI and automation.
Global Engagements : Regular participant in international finance conferences, helping shape a modern, technology-driven finance department. Engaging with industry leaders and participating in discussions about emerging trends broadened my perspective and inspired me to embrace new technologies in finance.
It ensures financial, operational, technological, and cultural alignment to maximize deal value and minimize disruption. Technology and System Integration: Merging IT infrastructures , unifying data, and strengthening cybersecurity. IT and Technology: Merges systems, data, and cybersecurity.
Firms that prioritize this from the outset build more resilient, scalable operations. Key initiatives include: Technology Expense Management: Sponsors identify and reduce unnecessary spend across legacy platforms, overlapping software, and unmanaged IT contracts. These changes increase efficiency without reducing quality.
In mergers and acquisitions , technology can be a powerful enabler – or a hidden barrier that slows value realization. IT system integration is the process of unifying technology infrastructures, platforms, and data environments after a merger or acquisition. How should technology evolve to support growth?
From federal grant compliance to donor transparency expectations, nonprofits must meet a growing list of financial integrity standards. This not only builds trust but also prevents ethical and compliance issues that could put your funding at risk. Misallocating funds can lead to compliance violations and loss of trust from funders.
They value transparency, ease of use, and personalization, putting pressure on asset managers to adopt new technologies and pivot from traditional relationship models. Tech creates sticky customers for asset managers To address these challenges, asset and wealth managers are leaning heavily on technology.
Anastasia McAlpine: Finastra prioritizes innovation to tackle challenges in the traditionally paper-heavy trade finance industry. We invest in optimizing processes and leveraging advanced technologies like AI to improve efficiency. Global Finance: How does Finastra stay ahead of the curve in trade finance innovation?
Technology witnessed increased investment in cybersecurity and AI-driven solutions, aligning with Bain’s projection that tech-driven transformation will be a core PE focus moving forward. Key Insight: Operating partners must prepare for longer diligence processes and allocate resources for enhanced regulatory compliance.
million in 2024, and 10% increase from the previous year, according to technology provider AAG. “Small businesses are not immune to cyberattacks and data breaches, and are often targeted specifically because they often fail to prioritize security,” observed Paul Lipman, CEO of BullGuard.
5 Reasons to Prioritize Financial Literacy Poor financial literacy negatively impacts overall business performance, financial decision-making, fundraising, M&A, and much more. Here are 5 recommendations to help you build a future-ready technology strategy. Let’s take a look at 5 reasons to accelerate your financial learning curve.
Frank Tezzi, vice president, CGI Financial Services, Trade & Payments at Montreal- based information technology and business consulting services provider CGI, discusses how SaaS can help banks meet clients future trade finance needs. In response to these pressures, banks are shifting their business models.
Administrative Costs : Operational essentials such as technology, office supplies, and HR fall into this category. Prioritize Cash Flow Management Even a great budget can fall short without strong cash flow management. Leverage Technology Modern technology can simplify budgeting and financial tracking for nonprofits.
Common reasons mergers and acquisitions fail include: Inadequate Integration Planning: Without a comprehensive roadmap that aligns with the deal thesis, organizations struggle to prioritize, sequence, and resource integration activities. An underdeveloped technology integration strategy limits scalability and delays synergy realization.
A practical step is to establish a tax compliance checklist. Leverage Technology to Avoid Tax Season Stress One of the most effective ways to avoid tax season stress is to leverage technology. Leverage Technology to Avoid Tax Season Stress One of the most effective ways to avoid tax season stress is to leverage technology.
In recent years, venture capital investors have targeted this gap by funding startups offering cutting-edge solutions in fields like artificial intelligence, cybersecurity, autonomous systems, and space technology. This could be particularly impactful in areas requiring rapid technological adaptation, such as cybersecurity.
Several tax and regulatory provisions in the bill could significantly impact M&A, offsetting revenue losses from tax cuts while prioritizing domestic business growth, according to Mark Williams, chief revenue officer of M&A software provider Datasite. You can unsubscribe at anytime. All copyright resides with them. TechTarget, Inc.s
Actionable Strategies CFOs Should Prioritize 1) Build a Scenario-Based Planning Framework Volatility demands vision. 6 Habits of Successful Companies 5 Keys to Staying Ahead of the Technology Curve with AI and Process Automation Learn More Leadership 03.22.25 They’ll emerge more agile, more competitive, and better positioned to lead.
In this blog, we’ll discuss the key aspects of the proposals and potential implications it could have on companies currently focusing on their compliance with these regulations. Provide future amendments that would reshape the scope and obligations under CSRD and CSDDD before reporting begins for FY2027.
Working in concert with the chief information security officer, the CFO can “better understand the probability and exposure to risk, set metrics on spending and ROI, and communicate recommendations for prioritizing cybersecurity spending,” they wrote. You can unsubscribe at anytime. All copyright resides with them. TechTarget, Inc.s
Published July 22, 2025 Alexei Alexis Reporter post share post print email license Gorodenkoff via Getty Images Dive Brief: Most organizations still treat cybersecurity as an information technology concern, giving little weight to finance and other considerations, according to a recent study commissioned by cybersecurity firm Qualys.
Facing an increasingly competitive market, Renault will pursue a “strict commercial policy, prioritizing value creation over volume to protect its launches,” as well as moving forward with its cash reduction plan, the company said. You can unsubscribe at anytime. Renault plans to announce its H1 2025 results on July 31. TechTarget, Inc.s
This ensures that vehicles remain up-to-date with the latest technology and performance improvements without requiring physical visits to service centers. Customers can access the latest technological advancements without waiting for new model releases or major upgrades.
The proportion of organizations that prioritize SaaS cost savings increased seven percentage points since Flexera’s 2023 survey and rightsizing contracts climbed eight percentage points over the same period. You can unsubscribe at anytime. You fix one thing and then a new thing pops up.” Together, it’s like they’re two peas in a pod.”
As you make plans for the coming year, your business may be anticipating: New Leadership A Merger or Acquistion New Growth Initiatives New Technology + Systems AI Developments Changing Skill Needs The key is developing a culture that embraces growth, while remaining grounded in tangible initiatives that keep team members engaged.
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