Thu.Jul 20, 2023

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FedNow goes live for banks, credit unions

CFO Dive

The Fed’s long-awaited instant payments system is arriving right on time this month, giving consumers and businesses a new route for speedier transactions.

Banking 242
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JSW Steel appoints Swayam Saurabh as CFO

CFO News

The JSW Board in a meeting held on July 21, 2023 approved the appointment of Swayam Saurabh as the CFO. In May 2023 the steel industry veteran Seshagiri Rao stepped down from the board of JSW Group and as the group CFO, he is now the advisor to the Group.

CFO 98
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Trending Sources

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Recession storm clouds growing: Conference Board

CFO Dive

A downturn will probably extend from the current quarter to the first quarter of next year, the Conference Board predicted.

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How startups are looking to create long-term value by integrating ESG

CFO News

Startup CFOs are likely to focus on integrating CSR (Corporate Social Responsibility) and ESG (Environmental, Social, Governance) frameworks into their organisations in the coming years. Most startups are still pondering how to properly implement ESG activities.

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Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age

Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem

Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.

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One CFO’s stealth IPO market tests

CFO Dive

“Bake-offs” and confidential filings can clue executives in on their company’s prospects well ahead of going public, Clearwater Analytics CFO Jim Cox says.

Marketing 130

More Trending

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XPO taps in-house finance leader for CFO seat

CFO Dive

The XPO finance chief is leaving for another opportunity after less than a year at the freight transport service.

Finance 130
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India is moving out of poverty

CFO News

Along with the government, India Inc too has made its contribution in taking 13.5 crore people out of poverty. While the government's dynamic schemes like Ujjwala Yojna, Pradhan Mantri Jan Dhan Yojna, and for electricity and water empowered the poor, India Inc also shifted its focus to rural India. A majority of CFOs have directed CSR funds to rural India, which were used for education and sanitation.

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Visa Spends $1 Billion For Pismo

Global Finance

Global Finance Magazine - Pismo’s platform will also help Visa provide support and connectivity for emerging payment gateways for financial institution customers.

Finance 75
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New 10-year TIPS auctions with a real yield of 1.495%, a disappointing result

Tips Watch

By David Enna, Tipswatch.com I am currently cruising down Germany’s Rhine River, with surprisingly limited internet access in a remote area, so this will need to be a quick post.

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How to Build the Ideal HR Team

HR doesn’t exist in a vacuum. This work impacts everyone: from the C-Suite to your newest hire. It also drives results. Learn how to make it all happen in Paycor’s latest guide.

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South Korea Allows Domestic Banking Partners

Global Finance

Global Finance Magazine - South Korea will allow new domestic players into its banking industry to break the domination of the sector by just five commercial banks.

Banking 75
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My New ETF: 100% of Upside + 0% of Downside

Barry Ritholtz

“A new product that offers investors complete downside protection: Investors in the $7.5 trillion ETF universe can now put money behind the Innovator Equity Defined Protection ETF, which began trading under the ticker TJUL on Tuesday. The offering comes from Innovator Capital Management, which launched the first so-called buffer ETFs, also sometimes referred to as defined-outcome funds, in 2018.” – Bloomberg Let’s get this out of the way: I dislike any product that exchanges a port

Math 74
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HDFC Merger Makes Corporate History

Global Finance

Global Finance Magazine - Part of the reverse merger will strip& Housing Development Finance Corporation& of its promoter and the parent company, HDFC Ltd.

Finance 75
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DGGI unearths Rs 3,500-cr ITC discrepancies from 15 of 30 insurers, tax evasion probe into insurers to end by Nov

CFO News

ET was first to report on September 29, 2022, about investigations into potential GST input tax credit violations by insurers, and on January 24, about similar probes by the Income Tax Department. HDFC Life on June 23 said it had received a show cause notice from DGGI demanding `942 crore tax for the July 2017 to FY22 period.

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Planning Your Restaurant's Path to Profitability

Speaker: James Kahler, COO of Full Course

Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.

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Japan: E-Commerce Giant Takes Brokerage Arm Public

Global Finance

Global Finance Magazine - With the exception of its online brokerage unit,& profitability challenges persist across Rakuten Group’s companies.

Finance 75
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Jet Airways appoints two directors, CFO

CFO News

Grounded Jet Airways on Thursday announced the appointment of two whole time directors and a non-executive director. Sundaram Ramesh has been appointed as a Whole Time Director and Chief Financial Officer, Gautam Acharya as a Whole Time Director and Rajesh Prasad as a Non-Executive Director, according to a regulatory filing.

CFO 52
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Tata Motors Tackles Debt With Historic Tech Unit IPO

Global Finance

Global Finance Magazine - The proposed listing comes as Tata Motors is trying to significantly reduce its debt pile.

Finance 75
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Regional Rural Bank mergers exempted from CCI Approval

CFO News

A similar relief was granted by the corporate affairs ministry in 2017 for a five-year period. The latest move comes at a time when the government has stepped up focus on modernising the RRBs in a bid to spur credit growth in remote areas and boost economic activities.

Banking 52
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How Automation is Driving Efficiency Through the Last Mile of Reporting

Speaker: Jamie Eagan

As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of

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China’s economic growth to stay above target: Fitch  

Future CFO

China’s economic growth would stay above target though recovery momentum fades, said Fitch recently. Recent data point to a swiftly fading rebound in China from the reopening at end-2022, but GDP growth should still remain above the 2023 government target of 5% as consumption normalises and policy support buttresses infrastructure investment, the credit rating agency pointed out.

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PE/VC investments down 23 pc in H1 to USD 27.5 billion: Report

CFO News

Private equity and venture capital (PE/VC) funds' investments into Indian entities declined by nearly a fourth to USD 27.5 billion in January-June 2023 against the year-ago period, a report said on Thursday. However, in value terms, investments were up 33 per cent against July-December 2022, the report by industry lobby Indian Venture and Alternate Capital Association (IVCA) and consultancy firm EY said.

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Clips From Today’s Halftime Report

The Reformed Broker

Ritholtz’s Josh Brown responds to the parabolic reversal of DHI post-earnings from CNBC. The post Clips From Today’s Halftime Report appeared first on The Reformed Broker.

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India highlights three principles for global framework on crypto assets

CFO News

Finance Minister Nirmala Sitharaman on Tuesday said the issue of cryptocurrencies was discussed at a key G20 meeting here to make a comprehensive, cohesive and coordinated global policy and regulatory framework for these digital assets.

Finance 52
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Accounting Software and ERP Readiness Guide

In this white paper, we explore the factors to consider in deciding whether the time is right for your Company to consider a new ERP or accounting software, the total cost of ownership and plans necessary to make the potential leap to these systems.

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Loan Management System – Benefits For Banks And Financial Service Providers

Financial Analyst Insider

The realm of loan management, stretching from loan origination to servicing, presents many unique challenges. Navigating intricate underwriting procedures, managing extensive portfolios, guaranteeing timely collections, The post Loan Management System – Benefits For Banks And Financial Service Providers appeared first on Financial Analyst Insider.

Banking 52
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Azure Power Global should be able to publish results within 14 weeks: CFO

CFO News

The company, majority-owned by Canadian pension funds CDPQ and OMERS Infrastructure, has until the end of this month to appeal the NYSE's delisting order, with the final decision expected after a potential three-month process.

CFO 52
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Growth & Efficiency | Joel Campbell, CFO, TreviPay

CFO Thought Leader

CFO GUEST: Joe Campbell of TreviPay 917: Build Your Own Personal Balance Sheet | Joel Campbell, CFO, TreviPay CFO Campbell explains the importance of not just growing quickly, but also converting that growth into earnings efficiently. As he explains: It’s a delicate balancing act, and we shares his strategies for achieving it. Strategy Communication: Campbell emphasizes the need to articulate and demonstrate the company’s strategy to his team and company owners.

CFO 40
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Headcount at big 4 Indian IT companies dips in Q1

CFO News

ET had previously reported that Q1 headcount growth for the IT majors is expected to be flat, in line with the numbers reported for the January March quarter.

Numbers 52
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Recruit and Retain New Blue-Collar Talent

Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.