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What to Know About the Corporate Transparency Act

CFO Simplified

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The CTA’s reporting rule requires each legal entity, absent an exemption, to file an initial report disclosing information about the reporting company itself and the company’s “beneficial owners” to FinCEN.

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What to Know About the Corporate Transparency Act

CFO Simplified

accounting firms, SEC registered businesses, insurance companies, and publicly traded corporations). The CTA’s reporting rule requires each legal entity, absent an exemption, to file an initial report disclosing information about the reporting company itself and the company’s “beneficial owners” to FinCEN.

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Why The Future Of Corporate Banking Is All About Connectivity

PYMNTS

For all of the innovation that's occurred in the banking landscape, it's often consumers – not corporates – that benefit from the latest technologies. So far, corporate banking users are always left out in the cold.". Connectivity Is Key.

Banking 105
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All About Variance Reporting for Corporate Budgeting

Spreadym

Variance reporting is a financial and management accounting process used to analyze the differences between budgeted or expected figures and actual performance results.

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BIS Warns About Corporate Borrowing

PYMNTS

The Bank for International Settlements (BIS) has sent out a warning about the rise in corporate borrowing, saying it could be a danger to the global financial system, according to The Guardian. There is most concern about corporate debt, more than the household or sovereign sectors.”. While firms in the U.S. —

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What Banks Need To Know About Corporates’ AR Digitization Journeys

PYMNTS

Yet financial institutions (FIs) must be deliberate in how they guide their corporate customers through the modernization process and offer products to support digitization. Data is also essential for banks and FinTechs to elevate their anti-fraud and security strategies for corporate clients. Killing Friction With Data.

Banking 104
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For Corporates, Cross-Border Payments Innovation Isn’t All About Speed

PYMNTS

Increasingly, the financial services industry is targeting sluggishness in corporates’ cross-border payments, too, through technologies like blockchain and the development of faster payment rails around the globe. But what Kissler noted was that for corporates, it’s not just speed they’re seeking when transacting globally.