Future CFO

SEPTEMBER 3, 2023

Further into my career at Sloan Financial Group and then Cox Communications, my passion for process optimisation began to take the forefront. At Cox, I led the accounting, financial systems, and internal controls governance functions. FutureCFO: What do you enjoy the most in your current role? How should they upskill themselves?

Leadership 52

Leadership Finance Problem Solving Communication 52

Future CFO

JANUARY 22, 2024

The accounting industry is undergoing profound transformation due to rapid technological advancements across all sectors in the market. Modern accounting software integrates seamlessly with diverse financial systems, automating tasks such as data entry, bank reconciliation, and invoice processing.

Accounting 52

Accounting Reconciliations Financial Analysis Financial Data 52

PYMNTS

OCTOBER 18, 2020

million to humanitarian aid organization Mercy Corps , intending to bolster the non-governmental organization's efforts to help create economic opportunities for those in areas with flawed financial systems, according to Invezz. The existing financial system is fragmented, antiquated, and exclusionary — leaving 1.7B

Nonprofit 76

Nonprofit Financial Systems Education Startups 76

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

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 22, 2020

Ant Financial Services Group has won a green light from Chinese regulators to drop the word “financial” from its name, so it’s goodbye to Ant Financial Services Group and hello to Ant Technology, The Wall Street Journal reports.

Financial Systems 72

Financial Systems Technology Planning Banking 72

PYMNTS

JULY 1, 2019

The Bank for International Settlements ( BIS ) has announced the launch of a BIS Innovation Hub to enable central banks around the world to collaborate on financial technology solutions and innovation. There is a new economy emerging driven by changes in technology, demographics and the environment.

Banking 62

Banking Financial Systems Technology Economics 62

PYMNTS

OCTOBER 29, 2020

Sultan will be in charge of building a new "digital policy, strategy and advisory practice" that will consult with governments interested in digitizing their economies and financial systems, among other duties, the memo states.

Treasury 73

Treasury Leadership Financial Systems Banking 73

PYMNTS

AUGUST 31, 2020

Self-regulating financial systems sound too good to be true – and it’s not quite that simple. The first is improved speed, shown by the adoption of cloud technology from global payments network SWIFT. Advantages Found in the Cloud. But cloud-native architectures are more resilient, as COVID-19 has proven.

Banking 135

Banking Financial Systems Technology Investments 135

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

Future CFO

NOVEMBER 6, 2023

Structural shifts tied to climate risks, new technologies and demographics will challenge existing business and revenue models. Companies will also need to adjust to new reform and regulation in response to financial and social pressures. The post Major credit trends in 2024 appeared first on FutureCFO.

Economics 52

Economics Financial Systems Banking Marketing 52

PYMNTS

JUNE 29, 2020

The reports have been a fixture of the way the government monitors for risk for 150 years, The Wall Street Journal (WSJ) reported, but they could now be scrapped in favor of a more timely, accurate approach to better reflect new technology available and better report on credit exposures and deposit information.

Banking 88

Banking Financial Systems Economics Technology 88

PYMNTS

NOVEMBER 12, 2020

Also participating in the round were Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. “We banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital.

Startups 88

Startups Leadership Financial Systems Banking 88

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. By guaranteeing finality, blockchain technology prevents this from happening.

Economics 52

Economics B2B Financial Systems Securities 52

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

Michigan CFO

JUNE 7, 2023

CFOs play a pivotal role in strategic decision-making, ensuring the financial health and stability of the business. Evolution of the Virtual CFO Concept With the rise of remote work and advancements in technology, the concept of a virtual CFO has gained significant traction.

CFO 52

CFO Problem Solving Budgeting Communication 52

Future CFO

DECEMBER 31, 2021

This could involve investing in tools and technologies that help their F&A employees execute work tasks and better manage their time, whether it be automation for repetitive, time-consuming tasks, or collaboration tools that help teams find more productive and enjoyable ways to connect.

Leadership 98

Leadership Finance GAAP Forecasting 98

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

https://trustedcfosolutions.com/feed/

DECEMBER 26, 2021

Webinar (55 Minutes): Cloud Financials Done Right –Avoiding the Pitfalls of Implementation. Whitepaper: 5 Ingredients for Finance Transformation (by Ventana Research): Over the next decade, technology will do more to develop the finance and accounting organization than it has over the past 50.

CFO 70

CFO Finance Financial Systems Accounting 70

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

PYMNTS

JUNE 9, 2017

When executives in the finance industry think of blockchain technology, its perception has shifted in the past few years in terms of how it could shape financial services — and therefore the economy — as a residual impact. Spain’s very first banking blockchain consortium is now comprised of 33 percent of the country’s banks.

Financial Systems 68

Financial Systems Healthcare Technology Banking 68

PYMNTS

DECEMBER 1, 2019

“Your Central Bank today is more committed to creating wealth and putting in place strong policies for creating jobs for our growing youth population; your Central Bank today is ever more committed to promoting a more stable and resilient financial system,” he said. Other examples include FairMoney and PalmPay.

Manufacturing 101

Manufacturing Banking Financial Systems Startups 101

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

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

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). Mastercard says it is striving to create a digital financial system and is working closely with stakeholders to deliver inclusion through web connectivity.

B2B 72

B2B Financial Systems Economics Securities 72

PYMNTS

AUGUST 21, 2019

The drive to eliminate paper in the accounts payable process, to cut the steps that lead to inefficiencies, continues to get a boost from technology. Through the use of artificial intelligence and machine learning, the high cost of purchasing and the implementation of data capture technology have gone away,” Flynn told PYMNTS.

Accounts Payable 46

Accounts Payable Invoicing Financial Systems Compliance 46

PYMNTS

NOVEMBER 30, 2020

WatchDOG AML is a “holistic” anti-money laundering ( AML ) solution that works to prevent financial crime by “identifying suspicious activity in real time with an enterprise transaction monitoring system,” the companies said in a statement on Monday (Nov.

Risk Management 63

Risk Management Compliance Financial Systems Leverage 63

PYMNTS

JANUARY 3, 2019

We have long thought that thoughtful governmental adoption of emerging technologies such as cryptocurrencies (when accompanied by non-restrictive legislation over these technologies) is the best way to ensure the U.S. Ohio is the first U.S. state to offer this way of paying for business taxes, noted Overstock in the press release. “We

Financial Systems 71

Financial Systems Retail Technology Planning 71

PYMNTS

MARCH 3, 2020

Silicon Valley payments FinTech Brex opened its first international office, a technology hub in Vancouver, Canada with a 40-person workforce, the company announced on Tuesday (March 3). The phenomenal growth of Vancouver’s technology industry and its embrace of skilled immigrants are inextricably linked,” said Dubugras, co-CEO of Brex.

Valuation 52

Valuation Startups Financial Systems Technology 52

PYMNTS

JANUARY 17, 2018

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. We … translate current financial systems into smart systems, exploring the unseen values and opportunities for businesses.”.

Data Analysis 46

Data Analysis Financial Systems Startups Finance 46

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

MAY 2, 2019

He noted that “new finance can unlock more sustainable and inclusive growth, provide consumers greater choice, [provide small business (SMB)] access to credit to grow — all of which ensures the financial system can become more resilient,” according to the publication. Also in the U.K.,

Banking 78

Banking Strategic Planning Currencies Financial Systems 78

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

FEBRUARY 1, 2021

Centered around breaking down silos, IoT technology not only encourages the digitization of everyday items like kitchen appliances and shipping containers, but also collects data from those products, centralizes that information, and introduces new opportunities for automation and analysis. A Decade Of Disparate Technology.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

DECEMBER 28, 2020

Ma criticized China’s risk-averse regulators and the global financial system in general as suffering from a “disease of the elderly,” arguing that they were strangling innovation.

Restructuring 67

Restructuring Foreign Exchange Compliance Financial Systems 67

PYMNTS

JANUARY 23, 2020

Financial wellness technology startup Even is rolling out a new savings solution that gives users the ability to target three goals at the same time, the company announced on Thursday (Jan. Walmart made a deal with Even in 2017.

Budgeting 52

Budgeting Financial Systems Startups Accounting 52

PYMNTS

JUNE 1, 2017

NICE Actimize, a company that offers corporate software to safeguard financial systems, is targeting corruption and bribery for its enterprise clients. As the owners of the books, the accountants are the first line of defense to identify anything that may look suspicious,” Willbrand added.

Auditing 40

Auditing Financial Systems Analyzing Data Entertainment 40