PYMNTS

JUNE 10, 2016

The impact of being underbanked extends beyond being left out of the financial system. What the health care industry and the payments industry have overlooked so far is that all of this — data and payments — is subject to Homeland Security and cybersecurity breaches, which are far more sophisticated than anybody has thought through.

Technology 40

Technology Healthcare Financial Systems Leverage 40

https://trustedcfosolutions.com/feed/

MARCH 30, 2023

Leverage cloud-based technology: Invest in an efficient and user-friendly accounting system with cloud-based capabilities to maximize data security, improve transparency, and increase month-end efficiency. Regularly reconcile accounts: Instead of waiting until the end of the month, reconcile your accounts regularly.

Leverage 62

Leverage Financial Data Accounting Communication 62

PYMNTS

SEPTEMBER 30, 2020

Co-signed by the American Bankers Association, Bank Policy Institute, Independent Community Bankers of America and The Clearing House, the letter argues that banks and non-bank technology firms are both already embracing innovation in customer service offerings.

Banking 139

Banking Financial Systems Concentration Currencies 139

Future CFO

OCTOBER 10, 2023

The technology makes it possible for two or more parties to exchange value in digital environments without having an intermediary validating the transaction. This is why understanding the finality in this technology is important in maximising its benefits. For the blockchain to be secure and authentic, this concept is crucial.

Economics 52

Economics B2B Financial Systems Securities 52

PYMNTS

JUNE 9, 2019

International Monetary Fund Managing Director Christine Lagarde issued a warning over the weekend about the impact artificial intelligence may have on the financial system across the globe.

Financial Systems 76

Financial Systems Finance Technology Securities 76

PYMNTS

JUNE 20, 2016

The week is getting off on just the right foot for the folks over at Plaid Technologies, who are announcing $44 million in new funding. Plaid Technologies announced Monday (June 20) that it had secured $44 million in funding courtesy of a round led by Goldman Sachs Investment Partners.

Technology 40

Technology Investments Accounting Banking 40

PYMNTS

MARCH 12, 2020

Mastercard is partnering with Samsung to bring digital technology to emerging markets and accelerate connectivity and smart devices, Mastercard said on Thursday (March 12). The Pay on Demand platform enables us to deliver on that vision and foster financial inclusion, giving consumers an opportunity to participate in digital commerce.

B2B 72

B2B Financial Systems Economics Securities 72

CFO Talks

MARCH 19, 2024

Regularly updating this list keeps the agenda relevant and front of mind across the organization. Identifying Strategic Priorities The process begins with a thorough analysis of the current financial landscape and an evaluation of emerging technologies, like AI, that can significantly enhance operational efficiencies.

CFO 52

CFO Communication Finance Budgeting 52

PYMNTS

JULY 1, 2019

Unfortunately, FIs are often caught between balancing more stringent security tools and offering the seamless experiences consumers crave. As such, FIs must seek more innovative authentication procedures that take less time and draw less ire than weak password and PIN systems. Biometrics and the Benefits for Security .

Banking 75

Banking Securities Compliance Communication 75

CFO Share

APRIL 11, 2024

But many fear remote bookkeeping exposes them to security risks – hackers, fraudsters, and embezzlement – especially if the virtual bookkeeping solutions use employees in foreign countries. Bookkeeping security risks are always a valid concern, especially since internal staff perpetrate 57% of small business fraud.

Securities 52

Securities CFO Auditing Education 52

PYMNTS

MAY 26, 2017

From relying on physically walking into a bank to withdraw cash to snapping a photo of a check for deposits, technology has played a great part in the way financial transactions have evolved within the last thirty years. With the various advances in technology, many issues have come to light from the use of blockchain.

Financial Systems 46

Financial Systems Benchmarking Finance Technology 46

PYMNTS

JUNE 9, 2017

With eCommerce transactions moving at the speed of light, the ability to have transparency between parties is likely crucial to preventing security breaches. The study, one of many on the blockchain topic, also showed that the technology could potentially assist businesses and governments manage the incoming influx of IoT data.

Financial Systems 68

Financial Systems Healthcare Technology Banking 68

PYMNTS

OCTOBER 23, 2018

The SBI Group plans to license Sepior ApS ’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. Work remains to be done to determine how it can be set up to maximize the benefits for the whole financial system.”.

Startups 76

Startups Banking Currencies Financial Systems 76

PYMNTS

JANUARY 13, 2021

During his career at Citi, Khaliq has served in management positions in banking, markets and securities services, country management (CCO) and treasury services. Prior to his appointment as global head of TTS, Khaliq served as head of operations and technology for TTS.

Treasury 52

Treasury Education Cash Management Economics 52

PYMNTS

OCTOBER 22, 2018

“At PayPal, we believe that everyone should have access to transparent, convenient and secure financial services,” said Mark Britto, senior vice president and general manager of global credit for PayPal , in the press release announcing the investment.

Investments 77

Investments Marketing Financial Systems Leverage 77

PYMNTS

MAY 13, 2020

Seegolam noted that any digital currency would need to be distributed via the current banking system to steer clear of the risk of putting the island’s financial system in an uneven position. The island’s study into a CBDC was reportedly first revealed by Yandraduth Googoolye, a prior governor. brought on Gemini Trust Co.

Currencies 61

Currencies Banking Forecasting Financial Systems 61

Future CFO

NOVEMBER 15, 2023

Integration and Automation CFOs should integrate spreadsheets with other financial systems and applications to ensure seamless data flow and reduce the risk of errors during manual data transfers. This helps teams work more efficiently and derive maximum value from spreadsheet technologies.

Financial Planning and Analysis (FP&A) 52

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

CFO News Room

JANUARY 18, 2023

financial system, has been used mainly in the past against banks and other financial institutions and in most cases has forced the institution to close. This type of action, a rarely used so-called death-knell sanction that cuts off the entity from the U.S. Lisa Monaco. said Wednesday. Deputy Treasury Secretary. Wally Adeyemo.

Treasury 100

Treasury Compliance Financial Systems Finance 100

PYMNTS

SEPTEMBER 14, 2016

government seems to be accepting the positive impact that digital currencies and blockchain could have on legacy financial systems, according to Business Insider. House of Representatives, asking the government to establish a national policy for technology. A non-binding resolution was passed on Monday (Sept. 12) by the U.S.

Currencies 78

Currencies Financial Systems Securities Technology 78

Future CFO

NOVEMBER 1, 2021

CFOs look to move their financial systems or ERP to the cloud despite the rapid increase in cyberattacks driven by organisations’ embrace of digital transformation.

Budgeting 40

Budgeting CFO Financial Systems Securities 40

PYMNTS

APRIL 13, 2020

Telecommuting, online education and moving to a cashless and virtual financial system will likely become the norm,” he told PYMNTS. This most recent black swan is proving that online financial services are a lifeline service.”. This most recent black swan is proving that online financial services are a lifeline.

Education 103

Education Financial Systems Entertainment eCommerce 103

PYMNTS

DECEMBER 28, 2020

Published reports indicate that China’s central bank and banking, securities and foreign-exchange regulators summoned Ant Group executives this past weekend to discuss official concerns about the firm. Reuters quoted central bank Vice Gov.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

DECEMBER 17, 2019

Artificial intelligence (AI) and blockchain technology can boost the odds in favor of those credit-seeking businesses. As Martins said, the country’s financial system and central bank have restrictive rules about what types of collateral — or “leverage” — businesses can offer when seeking loans.

Financial Systems 54

Financial Systems Startups Treasury Banking 54

PYMNTS

OCTOBER 8, 2019

Minister Olaf Scholz said in an interview a local German outlet that he remains “very, very critical” of Libra, but conceded that an e-euro would be good for Europe’s financial system. We should not leave the field to China, Russia, the U.S. or any private providers.”. “We

Currencies 40

Currencies Finance Financial Systems Securities 40

PYMNTS

JUNE 30, 2020

BIS General Manager Agustín Carstens called the move “an investment in the future of central banking and the financial system.”. By expanding, BIS will be able to initiate communication among central banks at more new locations than before.

Currencies 59

Currencies Communication Financial Systems Banking 59

PYMNTS

DECEMBER 14, 2018

Banks and businesses handling personal information face a delicate balancing act as global systems embrace smarter payments. They must deliver services that customers and clients demand while securing their personal data. financial services sector as consumers embrace digital technology for the banking and retail industry.

Advertising 72

Advertising Securities Banking Financial Systems 72

PYMNTS

JANUARY 17, 2018

Trend Lab, a startup developing artificial intelligence (AI) solutions for the FinTech market, has revealed it secured new funding. The company announced the financial support while noting it aims to develop its own Big Data and AI solutions and to apply blockchain, cloud and SaaS technologies into its operations as well.

Data Analysis 46

Data Analysis Financial Systems Startups Finance 46

PYMNTS

APRIL 9, 2020

Below, PYMNTS looks at some of the other payments and financial technology companies that are either innovating on top of existing rails or looking to bypass those legacy networks altogether with entirely new solutions. Sila Raises Funding to Nix ACH. Billhop Eases B2B Card Acceptance.

B2B 83

B2B Invoicing Currencies Banking 83

PYMNTS

JANUARY 7, 2021

Creation of the new unit would be part of a much larger overhaul of the financial technology company and subject to approval by Chinese authorities, who pulled the plug on the company’s massive initial public offering late last year, according to Bloomberg. China TransInfo Technology Corp. and Contemporary Amperex Technology Co.

Restructuring 56

Restructuring Valuation Financial Systems Banking 56

PYMNTS

SEPTEMBER 24, 2019

financial system have had some information about themselves … compromised at some point.”. Blanco said vigilance is important for everyone and that his organization will work to secure regulatory gaps that allow for illicit activities to take place. .

Compliance 71

Compliance Financial Systems Accounting Securities 71

PYMNTS

SEPTEMBER 30, 2019

Beyond the lures of money, there are other nation-states that may want access to a financial system, but for different reasons. The Bretton Woods framework for commercial and financial relations still holds sway decades after that system of monetary management was established. The Corrosion Of Power. They make mistakes.

Nonprofit 65

Nonprofit Currencies Financial Systems Securities 65

PYMNTS

NOVEMBER 3, 2020

3), stock exchanges in Shanghai and Hong Kong have suspended the looming IPO (initial public offering) in Ant Group, citing regulatory changes in the financial services landscape — and summoning executives including controller Jack Ma to meet with Chinese regulators at the China Securities Regulatory Commission.

Financial Systems 79

Financial Systems Banking Finance Technology 79

PYMNTS

JULY 19, 2019

The UAE government recently decided to let foreign companies registered in the UAE’s 122 business sectors have 100 percent ownership, and that initiative was a catalyst for Jollypay’s further integration into the country’s financial system.

Financial Systems 55

Financial Systems Securities Banking Sales 55

PYMNTS

JULY 1, 2020

The new processes include the use of video conferencing services and other remote telecommunication technologies that the OCC said can increase cybersecurity vulnerabilities. Additional steps may be necessary to properly segment and secure bank networks if employees use personal devices to connect to bank systems,” the OCC wrote.

Compliance 66

Compliance Banking Currencies Financial Systems 66

CFO Thought Leader

MAY 21, 2023

Staloch: Fundrise is a technology company. Very broadly, our mission is to build a better financial system for the individual. In order to do so, we had to utilize a rather esoteric part of the securities laws called Regulation A, which allows you to raise up to $75 million a year from unaccredited investors.

CFO 52

CFO Investments Accounting Accounting Standards 52

PYMNTS

OCTOBER 12, 2016

Enriching the ecosystem of decentralized technology is key in the fight, however. The basis for blockchain technology is something that works well in practice, but not in theory,” said Luther Martin at HPE Security-Data Security. Those that want in on the competition have until Halloween to apply.

Startups 77

Startups Securities Financial Systems Technology 77

PYMNTS

MARCH 10, 2017

So it is perhaps no surprise that Retired Admiral James Stavridis recently said that a “cybersecurity Pearl Harbor” may one day be a reality — and one of the key targets would likely be the banking and financial system, with serious implications for payments activity and the FinTechs that can help safeguard that activity.

Financial Systems 58

Financial Systems Securities Communication Banking 58