PYMNTS

APRIL 15, 2020

At worst, and more likely, they are collecting card numbers, addresses, phone numbers, DDA, ACH and wire account data, and all kinds of important bits of information to apply to the expanded universe of fraudulent activity. The good news, both Srinivasan and Awad told PYMNTS, is that while fraud attempts are up among U.S.

Risk Management 80

Risk Management Construction Securities Banking 80

Beacon CFO Plus

JANUARY 9, 2024

More than half had a number of AI experiences “in flight” at their organization, while 23.5% Balancing innovation with risk management. The excess savings that many individuals had from the pandemic are now depleted, significantly impacting customer spending. We can anticipate a slower start to 2024. So what’s the challenge?

Risk Management 52

Risk Management Budgeting Economics Finance 52

Future CFO

JULY 19, 2021

The EY Global Board Risk Survey uncovers the perceptions of 510 global board directors from organisations with greater than $1bn revenue across a number of industries.

Risk Management 40

Risk Management Numbers 40

Future CFO

AUGUST 20, 2019

It takes three to 12 months to respond to security breaches, according to the annual Vendor Risk Management (VRM) Benchmark Study from Shared Assessments Program and Protiviti that surveyed 554 risk management practitioners and C-level executives.

Securities 40

Securities Risk Management Benchmarking Forecasting 40

Future CFO

JANUARY 31, 2024

We also adopted GRI 2021 standards, and TCFD recommendations in terms of governance, strategy, risk management, metrics and targets, in our recently released 2023 Sustainability Report, where we set out our ESG targets, as well as climate risks and opportunities.

Foreign Exchange 52

Foreign Exchange CFO Risk Management Economics 52

Future CFO

NOVEMBER 5, 2023

Furthermore, Enterprise Risk Management (ERM) is a cornerstone of the CFO’s responsibilities. They are tasked with spearheading the development and execution of an ERM strategy that embraces proactive risk management.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) CFO Benchmarking Risk Management 52

Simply Treasury

JUNE 3, 2021

Then come the multiple banking relationships, the too large number of bank accounts, the lack of sufficient resources (a recurring problem - but one that drives automation), the lack of support from subsidiaries, the lack of budget (classic in times of crisis). François Masquelier, Vice Chairman EACT.

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

CFO Leadership

JANUARY 25, 2024

While public companies are legally obligated (or are soon expected to be obligated) to meet a growing number of ESG-related regulatory requirements around the world, many of these compliance burdens – and reporting requirements, in particular – also extend to private companies and smaller organizations that conduct business with public companies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance Finance 52

CFO Simplified

MARCH 11, 2024

As we’ve worked increasingly with law firms over the past few years, there are a number of commonalities that we’ve found with many of the firms that we’ve met and have worked with. Risk Management : Legal work inherently involves risks that are generally more intensive than a typical business.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

PYMNTS

APRIL 2, 2020

This episode underscores that data for targeted customer offerings can come from anywhere and is not necessarily the result of meticulous number crunching. When number crunching is needed, however, data analytics can help. Data Analytics Behind the Scenes.

Banking 94

Banking Risk Management Credit Risk Valuation 94

Future CFO

APRIL 25, 2024

It starts with the numbers,” she said, taking note that the targets help management to focus on the key areas to work on. However, as you start to dig deeper, you will find that there is more than just numbers that drive the transformation. Suddenly a deep understanding of accounting and finance is not enough.

Technology 94

Technology CFO Banking Communication 94

PYMNTS

JUNE 28, 2019

The addition of Verifi’s technology to Visa’s risk management solutions will introduce greater collaboration and insights to help resolve disputes quickly.”. According to Visa, the new tech tools will be integrated with the rest of its risk management services, including those delivered by CardinalCommerce and CyberSource.

Risk Management 49

Risk Management Communication Technology Numbers 49

Nerd's Eye View

MARCH 8, 2024

Read More.

Practice Management 73

Practice Management Risk Management Communication Leverage 73

Future CFO

DECEMBER 31, 2019

A lack of relevant skills and low cybersecurity budgets means that organisations are falling behind in their attempts to counter the growing number of cyberattacks. Risk management is critical to identifying, mitigating and responding to potential disruptions,” said Leslee McKnight, research director in Gartner’s Audit Practice.

Auditing 52

Auditing Risk Management Budgeting Compliance 52

Future CFO

APRIL 24, 2023

There are nine security trends that CFOs need to be aware when working with CISOs and security and risk management leaders. Security and risk management leaders must encourage active board participation and engagement in cybersecurity decision making,” said Addiscott.

Securities 52

Securities Risk Management Benchmarking Restructuring 52

CFO Leadership

JANUARY 5, 2024

While public companies are legally obligated (or are soon expected to be obligated) to meet a growing number of ESG-related regulatory requirements around the world, many of these compliance burdens – and reporting requirements, in particular – also extend to private companies and smaller organizations that conduct business with public companies.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

Future CFO

OCTOBER 2, 2023

Private fund firms are now putting idle cash to work in money market funds (MMFs), which has the dual benefit of earning a yield from cash holdings in addition to mitigating concentration risk. The second benefit is improved risk management.

Cash Management 52

Cash Management Marketing Treasury Concentration 52

PYMNTS

JANUARY 26, 2021

Signal is also looking to build up its privacy provisions by allowing users to create unique usernames, rather than being identified by their mobile phone number, Platformer reported. “It’s hard to be totally hypothetical.”. Diokno, Philippines’ Central Bank (BSP) governor in the release.

Marketing 97

Marketing Risk Management Currencies Banking 97

PYMNTS

MAY 4, 2020

These schemes have become all the more common during the COVID-19 pandemic because the number of Americans working remotely has increased. The situation has gotten so bad that the number of phishing sites used to launch attacks has increased by 640 percent, according to a recent report.

Securities 56

Securities Risk Management Education Leverage 56

CFO Talks

MARCH 14, 2024

They play a crucial role in strategic planning, risk management, and driving innovation, extending their influence far beyond the finance department. Risk Management: Given the CFO’s role in identifying and mitigating risks, tasks related to safeguarding the company’s assets and financial health are critical.

Prioritization 52

Prioritization CFO Leverage Risk Management 52

CFO Selections

MARCH 4, 2024

Decision trees can be more conceptual in nature or have numbers to back up decision scenarios, as is the case of pricing changes affecting revenue figures. When one decision leads to another decision that must be made, that branch splits to continue extrapolating the effects of each subsequent decision.

Planning 86

Planning Data Analysis Strategic Planning Forecasting 86

PYMNTS

JUNE 18, 2020

The technology lets users move money sans routing, banking account or credit card number. He noted that a number of payment technologies and digital currencies provide real anonymity or some degree of it. Users receive an ID that works throughout “any payment network to transfer any currency” with PayID.

Currencies 56

Currencies Risk Management Numbers Securities 56

CFO Leadership

OCTOBER 10, 2023

They’re not very good at mathematics or dealing with numbers in general. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. How to use AI in Finance & Accounting As we look to the future, the role of AI in finance will likely expand.

Finance 95

Finance Accounting Auditing IFRS 95

Future CFO

FEBRUARY 18, 2021

At the launch of a recent report examining the effectiveness of financial fraud risk management, Julie Bell Lindsay - the Executive Director at the Center for Audit Quality — was quoted as saying that “the risk of financial statement fraud at public companies is real, and that risk has only increased during the pandemic.”.

Risk Management 52

Risk Management Auditing CFO Accounting 52

Future CFO

MAY 1, 2024

Giselle Arellano-Geronimo A controller, for Geronimo, also has the privilege to make a story out of the numbers and convert the results of the financials into actionable business decisions and strategies that help shape the business. “A

Leadership 98

Leadership IFRS Finance Communication 98

Future CFO

JUNE 13, 2023

The growing sophistication of malware and often limited IT budgets also means that harried cybersecurity teams are outpaced with the sheer number of threat vectors,” Hia added. An IDC Analyst Brief — titled Building Cyber Resiliency in a Digital-First Era — indicated 52.6%

Securities 52

Securities Risk Management Budgeting Leverage 52

PYMNTS

AUGUST 24, 2018

That means retailers and other companies need to up their risk management and hedging games — and do so before one crisis or another (a currency collapse in Turkey one week, who knows what next?) A long-term and proactive look from the point of view of the financial hedging and risk management opportunities.

Risk Management 40

Risk Management Currencies Manufacturing Forecasting 40

CFO Thought Leader

FEBRUARY 20, 2024

Having started his career without a clear road map to the future, Wert later found that his liberal arts background and early experiences in investment banking had laid a good foundation for a career that might have led in any number of directions. Read More What began to set Wert apart, however, was his innate ability to troubleshoot.

Leadership 52

Leadership CFO Problem Solving Finance 52

PYMNTS

DECEMBER 17, 2019

With a bewildering number of choices, banking apps fueled by Tencent Holdings Ltd , SoftBank Group Corp , and other players are spreading in Brazil, as some critics note a shakeout is looking more probable. The rise in payment accounts from nonbanks challenges online banks to learn risk management from the beginning.

Banking 52

Banking Risk Management Startups Accounting 52

PYMNTS

DECEMBER 9, 2020

Taking this retroactive approach to credit risk management was never efficient, but it has become even less feasible amid the pandemic. Consumers are more susceptible than ever to falling short on their monthly bills, leaving banks searching for more proactive ways to mitigate the risk of defaults.

Credit Risk 98

Credit Risk Banking Risk Management Planning 98

PYMNTS

MARCH 10, 2020

In an interview with PYMNTS, Matt Wilcox, senior vice president of payments innovation at Fiserv , said recent data points show that an increasing number of financial institutions (FIs) are determined to satisfy a real demand for real-time transactions.

B2C 92

B2C Education Data Analysis Risk Management 92

PYMNTS

JULY 8, 2020

For instance, Mastercard has been using AI to help its banking partners with credit risk management, aiming to provide the right amount of credit to customers — and the smartest collections efforts — in today’s uncertain economic climate. You want to be able to manage credit for the lifecycle of the user,” Jha said.

Credit Risk 109

Credit Risk Risk Management Economics Securities 109

PYMNTS

MAY 15, 2019

In the hearing, Otting said he doesn’t like how the bank is progressing toward fixing its risk management and leadership problems, which have led to a number of issues for the bank, including customer abuse scandals in its mortgage and auto lending business.

Risk Management 48

Risk Management Leadership Currencies Banking 48

PYMNTS

JULY 19, 2018

The need is there for a comprehensive approach for risk management, which in turn means that both FinTechs and FIs need a strong, consistent strategy and roadmap from the very start of collaborations. Thus, risk management must evaluate compatibility not just of tech platforms in place, but must also take a cue from strategic goals.

Banking 42

Banking Risk Management Auditing Compliance 42

PYMNTS

JUNE 22, 2020

And for the customers, there’s the rabbit hole of trying to prove that the bad guys co-opted their names, social security numbers and other data. Barrett told Webster the new risk solution provides a more complete and accurate picture of applicants’ identities. If not, are they a victim of identity theft?” Barrett explained. “The

Risk Management 77

Risk Management Leverage Accounting Compliance 77

PYMNTS

DECEMBER 6, 2018

He stated, too, that currency risk management is often not a priority for many SMBs on a day-to-day basis. Breaking down risk management decisions and transactions into smaller, more regular events makes the process easier and greatly reduces the risk of ‘buyers’ remorse,’” said Ali.

Currencies 53

Currencies Foreign Exchange Risk Management Retail 53

CFO Leadership

DECEMBER 12, 2022

Nearly eight in ten payment transactions globally are now contactless, and that number is expected to increase. It is among the world’s leading wealth management companies and is a global leader in corporate and investment banking and trading. Payments: Making and accepting payments are a lifeblood for business owners.

Accounts Payable 95

Accounts Payable Leadership CFO Strategic Planning 95