Future CFO

NOVEMBER 15, 2023

Ervina Waty : Here are some key changes that CFOs might need to put in place: Enhanced Data Governance and Quality Control CFOs should implement stronger data governance practices to ensure the accuracy, consistency, and integrity of financial data. This empowers them to leverage the full potential of the technology.

Financial Planning and Analysis (FP&A) 52

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

PYMNTS

DECEMBER 18, 2020

According to Finicity, the move extends its leadership in providing direct data access through the use of APIs to the FinTech category. The access will allow Brex customers to link accounts to apps that use Finicity’s secure data network.

Leadership 97

Leadership Financial Data Leverage Banking 97

PYMNTS

DECEMBER 29, 2020

Consumer Bank Chief Digital Officer Mike Naggar said the FI aims to provide customers "a choice, convenience and control of their financial data. WEX Talks Bank Partnerships To Advance B2B Payments. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

FISPAN

JANUARY 12, 2022

Financial institutions (FIs) are under pressure to drive innovation in financial data access for the commercial banking space. Banking customers are seeking more control over their banking data than ever before. The end result?

Reconciliations 96

Reconciliations Banking Securities Leverage 96

The Charity CFO

APRIL 1, 2024

With the right tech in place, your organization can more accurately record and report your financial information and save your team a lot of time over paper accounting systems. QuickBooks provides an easy-to-use bookkeeping solution that puts all of your financial data in one place.

Nonprofit 52

Nonprofit Accounting CFO Accounts Payable 52

PYMNTS

NOVEMBER 23, 2020

There’s no shortage of consulting advice and press clippings that will state the importance of actionable data for companies as a selling, operational and marketing strategy. Big data, it used to be called. Last week, the Department of Justice gave the green light to Mastercard’s $825 million acquisition of data aggregator Finicity.

Nonprofit 117

Nonprofit Banking Financial Data Education 117

The Finance Weekly

DECEMBER 30, 2021

Business intelligence, data security, and and has proved particularly effective for finance departments, given the recent powerful innovations in finance technologies. Moreover, how do you ensure data quality, security, and privacy as cybersecurity breaches stubbornly persist? For example, could RPA benefit the team?

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Technology CFO Leverage 52

Future CFO

JANUARY 25, 2024

The challenge here is getting the balance right, requiring CFOs to leverage technology and rationalise the enterprise-wide IT landscape to avoid costly inefficiencies and duplication. With data volumes exploding, finance leaders are becoming data stewards, necessitating the modernisation of the finance function.

CFO 94

CFO Finance Leadership Investments 94

PYMNTS

MAY 11, 2017

In a press release , Xero said the partnership will empower millions of small businesses to make more informed financial decisions. The integration will strengthen data sharing security for Capital One small business customers and grant more control over the financial data that they choose to share. “We

Reconciliations 65

Reconciliations Financial Data Leverage Accounting 65

The Finance Weekly

FEBRUARY 8, 2023

To stay ahead of the curve, CFOs must , embrace technology and invest in digital transformation initiatives that drive innovation and efficiency in financial management. This includes utilizing cloud-based solutions, automating manual processes, and implementing real-time analytics tools to gain deeper insights into financial data.

CFO 52

CFO Prioritization Finance Communication 52

Bramasol

SEPTEMBER 29, 2023

They are expected to provide financial leadership and insight into the organization's strategic direction. This involves not just managing financial data but also interpreting it to guide decision-making. The Big Picture View CFOs are increasingly seen as strategic partners to the CEO and the board of directors.

IFRS 97

IFRS Technology SAP Compliance 97

PYMNTS

FEBRUARY 5, 2020

The ACH payments and financial data exchange nonprofit NACHA is developing a digital platform to streamline payments by facilitating data sharing via a centralized hub, NACHA announced Wednesday (Feb. The NACHA Phixius platform enables connected service providers to securely exchange payment-related data.

B2B 52

B2B Nonprofit Leverage Financial Data 52

Future CFO

JULY 29, 2020

While cybersecurity is increasingly an issue when employees have to work from home, it's no longer only a responsibility of IT because the financial impact from security incidents can be huge. They have the responsibility to ensure that their sensitive information and financial data are secured.

CFO 52

CFO Securities Leadership Economics 52

PYMNTS

NOVEMBER 4, 2016

For any new FinTech company, securing a deal with a financial giant is good news. “I personally think they are absolutely critical, especially from the bank/financial institution perspective,” he stated. But, as Moore explained, these types of collaborations are critical to the banks, too. ” .

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JUNE 18, 2019

By some estimates, cybercrime will have cost the world $6 trillion by 2021 in damaged and destroyed data, stolen money, lost productivity, theft of intellectual property, theft of personal and financial data, embezzlement, fraud and post-attack disruption to the normal course of business. The AI Foundation. percent result.

Education 71

Education Securities Leverage Financial Data 71

PYMNTS

JUNE 19, 2019

In the competitive financial industry, credit unions (CUs) remain popular banking options, with a recent CUNA Mutual Group report estimating that 324,000 consumers joined CUs in March 2019. A recent PYMNTS study found that 35 percent of CUs have made data analytics investments over the past three years.

Leverage 52

Leverage Banking Financial Data Securities 52

PYMNTS

FEBRUARY 5, 2018

The discussion around sharing financial data today is most often in reference to major industry happenings, like PSD2, Open Banking and the sudden influx of APIs in the financial services space. They’re entrusting that MSP to make sure their systems are up and running, and that the data is secure. ”

Finance 43

Finance Financial Data Invoicing Communication 43

PYMNTS

FEBRUARY 26, 2019

The Commission also said that banks will be responsible for sharing more financial data with FinTechs. The move comes a few weeks after South Korea said through the Financial Services Commission that a sandbox will be rolled out this year to help support FinTech development.

Banking 75

Banking Valuation Finance Leverage 75

PYMNTS

JUNE 13, 2018

“We are empowering employers to navigate complexity by connecting their multiple, disparate, cloud-based systems to leverage employee data and business performance tools to gain powerful insights.”

Healthcare 49

Healthcare Leverage Financial Data Securities 49

PYMNTS

JANUARY 25, 2018

This enables us to provide corporates of all sizes with all the crucial financial data they need, as well as financial instruments as a service. “By teaming up with Kantox, we can now complement our TaaS [Treasury-as-a-Service] offering with FX management and hedging ,” said BELLIN Founder and CEO Martin Bellin in a statement.

Treasury 40

Treasury Foreign Exchange Risk Management Compliance 40

Planful

OCTOBER 19, 2021

From there, you can decide how to leverage your financial acumen and recommend the best way forward. A cloud-based system for financial planning and analysis (FP&A) can have governance built in its deployment model by IT teams. What value are we getting from our investment in a secure technology?

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) CFO Auditing Communication 40

PYMNTS

JANUARY 4, 2017

And that data was always stale, it was real-only and it potentially introduced some new security concerns.”. Especially in the smaller sector, where they’re hoping for more of what we like to call ‘security through obscurity,’” he said, “they feel like, if they’re small enough, they’re not going to get targeted.”.

B2B 47

B2B Manufacturing Securities Communication 47

PYMNTS

JANUARY 22, 2020

“All responses by the financial information provider shall be in real time,” according to the framework. The financial companies are also required to have “robust” IT systems in place (which includes IT security, too). That same data can be sent to a prospective lender to provide insight into cash flow and payment history.

Banking 56

Banking Education Accounting Leverage 56

PYMNTS

DECEMBER 12, 2018

That product is Plaid — a tech platform that uses application program interfaces (APIs) to securely connect a consumer’s bank account to a third-party that wishes to use the account to enable a financial services transaction. For Plaid, he noted, the options going forward are endless.

Investments 59

Investments Banking Valuation Accounting 59

PYMNTS

JANUARY 22, 2020

“All responses by the financial information provider shall be in real time,” according to the framework. The financial companies are also required to have “robust” IT systems in place (which includes IT security, too). That same data can be sent to a prospective lender to provide insight into cash flow and payment history.

Accounting 52

Accounting Banking Education Leverage 52

PYMNTS

JUNE 13, 2018

The offering connects third-party developers with financial data and information from more than 300 banks and FIs in Europe, and pairs that data with AI and other technologies to assist any FI providing a feature built using the Tink API. “On API use cases can go far beyond just analyzing financial data, however.

B2B 46

B2B Financial Data Banking Technology 46

PYMNTS

DECEMBER 20, 2019

We have a deep, data-supported dive on fighting fraud with artificial intelligence (AI), an outlook on seven 2020 trendlines and news on gas station cyberattacks. FinTech firms have reportedly been accusing banks of preventing access to the financial data of end-users. PNC Blocks Venmo, Tells Users To Switch To Zelle.

B2B 40

B2B Data Analysis Retail Banking 40

PYMNTS

OCTOBER 30, 2020

These kinds of concerns have led to companies being somewhat slower to adopt the RTP network for B2B use cases, he said, instead focusing on using the network for simpler situations like delivering payroll , insurance claim disbursements and other funds to consumers who do not need that same level of financial data. “On

B2B 59

B2B Economics Prioritization Banking 59

PYMNTS

APRIL 14, 2017

Unlike mass-registered fake accounts, they contain valuable information such as financial data, and their activities are less likely to raise the suspicion of security solutions. What makes ATO attacks so dangerous is that they target accounts that are created by real users. Their behaviors are changing as well.

Accounting 44

Accounting Leverage Securities Financial Data 44

PYMNTS

JUNE 29, 2020

Open banking is one of the most significant emerging trends in the financial industry, allowing banks and FinTechs to share financial data in a quick, easy and secure manner across a network of platforms. Security Risks Facing Open Banking. Securing Open Banking Systems.

Securities 96

Securities Banking Leverage Communication 96

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. Serai likens itself to a professional social networking solution, and the backing by HSBC will allow Serai to leverage HSBC’s existing client base.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

APRIL 7, 2020

What we’re trying to do is leverage open banking to replicate a FedEx or Amazon experience where businesses know where their payment is at any given point of time, so they have real-time cash flow positioning.”. And the world of financial services is built on trust. That is a powerful offering.

Leverage 83

Leverage Banking B2C B2B 83

PYMNTS

DECEMBER 7, 2017

Typically, financial institutions (FIs) are a tougher sell than end users when it comes to new money-moving products. After all, FIs are the ones who have to integrate the solutions they choose, ensuring that they work — and work fast — and keep their customers’ financial data secure.

Invoicing 40

Invoicing Banking Accounting Leverage 40

Planful

AUGUST 30, 2016

28% – Use of Big Data or Non-Financial Data. Use of Big Data Increasing. According to this survey, the use of Big Data in planning and reporting is fairly low at 28%, but 71% of respondents indicated plans to leverage big data in these processes over the next 1-3 years.

Finance 40

Finance Budgeting Forecasting Planning 40

Navigator SAP

MARCH 11, 2022

Entrepreneurs often love leveraging the power of applications to accomplish their work, but how truly effective is your software if it’s all siloed in disparate systems? Bookkeeping and financial tracking tend to get more complicated over time. Read on to learn why ERP can improve your bottom line.

Communication 229

Communication Leverage Forecasting Manufacturing 229

PYMNTS

MAY 27, 2016

Webber explained that both money-saving devices were created by harnessing the power of recognizable solutions, like bracelet-style wearables and home thermostats, and leveraging them via IoT technology. “We Webber explained that security was at the forefront of the platform’s development. The PYMNTS.com®

Banking 40

Banking Technology Securities Financial Data 40

PYMNTS

JUNE 19, 2019

The “internet of money” is the mantra, making it as easy to send money around the world as it is to send a picture or video across the internet, but more securely, Facebook explained. Facebook said it simply wants to give the 1.7 billion people in the world without access to a bank account the ability to have one at no, or a low, cost.

Currencies 59

Currencies Nonprofit Banking Accounting 59