CFO News

FEBRUARY 27, 2024

Avanse Financial Services, an education-focused non-banking financial company, has appointed Vikrant Gandhi as its Chief Financial Officer.

CFO 52

CFO Education Compliance Banking 52

Barry Ritholtz

OCTOBER 15, 2022

This week, we speak with Thomas Rampulla, managing director of Vanguard’s Financial Advisor Services. The division provides investments, services, education and research to more than 1,000 financial advisory firms representing more than $3 trillion in assets.

Education 118

Education Investments Finance Retail 118

CFO Dive

FEBRUARY 17, 2023

Despite the rise of corporate diversity initiatives, Christopher Johnson writes systemic hurdles still keep many minorities from working in finance.

Finance 130

Finance 130

CFO News

FEBRUARY 7, 2024

Financial Services Secretary Vivek Joshi clarified that the Reserve Bank of India (RBI) actions against Paytm fall under the RBI's jurisdiction, distancing the government from involvement. The RBI imposed restrictions on Paytm Payments Bank Ltd (PPBL), prompting concerns about financial stability.

Compliance 52

Compliance Finance Banking 52

CFO News

AUGUST 18, 2023

Jio Financial Services (JFS), the financial arm of Indian conglomerate Reliance Industries, aims to provide simple, affordable and innovative digital first solutions. The JFS is all set to be listed on the stock exchanges on August 21.

52

52

PYMNTS

NOVEMBER 9, 2020

Payer Financial Services has developed a new registration product to change how customer relations are made between companies online through better identity verification services, according to a press release.

Invoicing 95

Invoicing B2B eCommerce Securities 95

PYMNTS

JANUARY 11, 2021

Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA). license for financial services will enable it to offer banking products “U.K. After getting the banking license, Revolut said it would develop a “financial super app.” 11) that having a U.K.

Valuation 86

Valuation Leadership Startups Banking 86

CFO News

JUNE 15, 2023

In the new role, He will oversee the financial functions of PFS, including strategic financial planning, resource mobilization, and fund management. Lodha will take over Sanjay Rustagi as CFO.

CFO 97

CFO Planning 97

CFO News

AUGUST 28, 2023

RIL AGM: Reliance Industries chairman Mukesh Ambani in his 46th AGM confirmed reports of Jio Financial Services entering the insurance segment to offer life, general and health insurance products. Prior to the AGM meeting, ETBFSI had reported that the company has bought a domain ‘jioinsurance.com’ and has already begun recruiting.

52

52

Nerd's Eye View

SEPTEMBER 13, 2023

In particular, financial advisors who offer ongoing services to clients can focus on 3 key areas that are unique to service-based sales as part of a successful sales strategy.

Sales 90

Sales Planning Communication Leverage 90

CFO News

NOVEMBER 5, 2023

India is currently the second largest location in terms of tech headcount outside the US for the multinational financial services firms, Michael Pizzi, managing director and head of US banks & technology at Morgan Stanley, told ET.

Marketing 52

Marketing Banking Technology 52

CFO News

AUGUST 21, 2023

Jio Financial Services: LIC on Tuesday said that it has acquired 6.66% shareholding in JFSL through demerger action by Reliance Industries. JFSL (formerly known as Reliance Strategic Investments Ltd), the demerged financial arm of Reliance Industries, made its lackluster stock market debut on 21 August, 2023.

Investments 52

Investments Marketing 52

PYMNTS

OCTOBER 21, 2020

The pandemic has shifted priorities in regulatory policy tied to the financial services industry — and for Europe, it is heralding the emergence of a data-driven economy. The great digital shift has spurred banks to examine even the most basic levels of services and bring them online.

Banking 126

Banking Currencies Leverage Technology 126

CFO News

AUGUST 28, 2023

While addressing the stakeholders at the Reliance AGM 2023, Reliance Industries chairman Mukesh Ambani said the Jio Financial Services has been conceptualised to fill a critical gap in the financial services sector catering to the needs of a large section.

Retail 52

Retail 52

Lime Light

APRIL 3, 2023

Challenges of Financial Services That Led to SVB's Failures - and What's Coming Next If you’ve turned on financial news or flipped to the finance section of the newspaper, you’ve no doubt heard of Silicon Valley Bank (SVB) - and its collapse.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Banking Financial Reporting 52

Financial Analyst Insider

JULY 20, 2023

The realm of loan management, stretching from loan origination to servicing, presents many unique challenges.

Banking 52

Banking Financial Analyst Technology 52

PYMNTS

JANUARY 7, 2021

SoFi is on a mission to help people achieve financial independence to realize their ambitions. SoFi’s technology platform Galileo , which it acquired in April, has helped position the startup at the nexus of the digital transformation in banking and financial services. V to file an initial public offering (IPO). .

Planning 73

Planning Valuation Startups Cash Management 73

CFO News

JULY 21, 2023

Attra joined SBI as CFO in October 2020, and resigned from the services after a stint of 2 years and 8 months which completed on June 30, 2023.

CFO 98

CFO 98

PYMNTS

JANUARY 7, 2021

market watchdog the Financial Conduct Authority (FCA) cautions that the results of its recent pandemic resiliency survey indicate some 4,000 companies doing business in the financial services sector lack resiliency and could collapse. “We We are in an unprecedented — and rapidly evolving — situation. 7) press release.

Forecasting 84

Forecasting Economics Banking Numbers 84

CFO News

FEBRUARY 22, 2023

The Ministry of Corporate Affairs (MCA) has asked PTC India Financial Services (PFS) why action should not be taken against it for alleged non-compliance with rules on the appointment of forensic auditors in a loan default case and not sharing that audit report with the erstwhile independent directors for more than two years.

Auditing 52

Auditing Compliance 52

PYMNTS

MARCH 7, 2019

Ant Financial Services Group and Jiangsu-based Hoperun Information Technology announced Wednesday (March 7) a new banking product aimed at financial institutions. Ant noted DCBP is the first co-developer service in its technology product portfolio.

Banking 79

Banking Technology Finance Accounting 79

Anaplan

SEPTEMBER 14, 2021

Leverage intelligent tax reporting to address global tax reporting requirements in financial services.

Leverage 59

Leverage Finance 59

PYMNTS

JANUARY 2, 2019

Didi Chuxing , China’s largest ride-hailing company, has debuted a slew of financial products for workers, according to reports. The services include wealth management tools, credit, lending and crowdfunding for serious illnesses. All of the services are geared toward the company’s temporary and short-term workers.

Transportation 73

Transportation Leadership Planning Technology 73

CFO Share

DECEMBER 16, 2021

You are likely already outsourcing some of your financial needs and not even realizing it. If so, you are already outsourcing financial services. Income tax financial expertise is not a service you need every day, so you do not need a tax accountant as a full-time employee. What is financial management?

CFO 52

CFO Auditing Accounting Finance 52

CFA Institute

APRIL 6, 2022

With the publication of the AI Act, the EU boldly went where no other regulator has gone before.

Economics 123

Economics 123

PYMNTS

SEPTEMBER 8, 2020

The financial services industry saw 21,000 positions added in July. Yet, while financial institutions (FIs) have primarily avoided large scale layoffs and furloughs, many FI employees still feel the job-related impact of the coronavirus — for example, through spouses or family members who have lost their livelihoods.

Compliance 68

Compliance Finance Economics Numbers 68

CFO News

MARCH 30, 2023

Reliance Industries had last year announced the demerger of its financial services business into a separate entity and subsequent listing it on the stock exchanges

52

52

PYMNTS

DECEMBER 29, 2020

Jack Ma’s Ant Group is considering moving all of its financial services units to a separate holding company that would be regulated like a bank, Reuters reported on Tuesday (Dec. 29), citing sources.

Foreign Exchange 65

Foreign Exchange Valuation Leverage Banking 65

PYMNTS

JUNE 26, 2020

MoneyGram will partner with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates, according to a press release. Digital Financial Services is a partnership between Etisalat and Noor Bank , which was acquired earlier this year by the Dubai Islamic Bank.

Compliance 67

Compliance Banking Accounting Numbers 67

Future CFO

APRIL 20, 2021

For over 20 years, many businesses have enjoyed the cost savings, operational efficiencies and process quality improvements that shared services centres (SSCs) were designed to deliver – but often not to the fullest extent. This Esker eBook is for financial leaders with SSC ambitions. DOWNLOAD NOW.

Accounts Payable 52

Accounts Payable Accounting Finance 52

CFO News

AUGUST 6, 2023

“The new entity is expected to unlock value for shareholders and give them an opportunity to be a part of a new growth platform,” Reliance’s billionaire chairman Mukesh Ambani in his message to shareholders in the annual report for the financial year that ended Mar.

52

52

CFO News

JUNE 1, 2023

Aditya Birla Group is set to pump in Rs 1,250 crore into its financial services arm Aditya Birla Capital Ltd.

Investments 52

Investments 52

PYMNTS

MARCH 20, 2019

And in one example, Nash — a financial services platform registered in Liechtenstein — looks to provide a funds management service tied to digital wallets that will help users create and operate accounts across several blockchains while retaining custody of their assets. Blockchain, Wallets and Payments. “In

Currencies 58

Currencies Securities Compliance Communication 58

PYMNTS

DECEMBER 13, 2019

To provide retail consumers in China with a new widely available and streamlined investment advisory service, Vanguard and Ant Financial Services Group announced a partnership. Through this partnership with Ant Financial, investors will have access to investments and advice previously unavailable to them.

Investments 53

Investments Cash Management Technology Finance 53

CFO News

SEPTEMBER 5, 2023

​​According to an analysis by Nuvama Alternative & Quantitative Research, this may trigger the sale of 105 million shares worth around $325 million (about ₹2,700 crore) by passive funds.

Sales 52

Sales 52

CFO News

JULY 26, 2023

This will mark an India comeback for Wall Street’s green crusader Larry Fink, chairman of Blackrock, after parting ways with long-time partner Hemendra Kothari of DSP. The joint venture will be called Jio Blackrock and will launch operations after regulatory and statutory approvals. The company will have its own management team.

52

52

PYMNTS

NOVEMBER 27, 2018

Financial Services companies in the U.K. aren’t doing a good job keeping their IT systems up and running, with the Financial Conduct Authority (FCA) announcing financial services firms reported a 138 percent increase in tech outages during 2018.

Treasury 64

Treasury Numbers Retail Technology 64