Basel publishes crypto exposure proposal

Banks will have to disclose crypto exposure by 2025 under plans unveiled Tuesday. The plans are open for public comment through Jan. 31.

By Gabrielle Saulsbery • Oct. 17, 2023

AI venture capital deal volume shrinks 27%: Pitchbook

The third-quarter slowdown follows a flurry of large deals earlier in the year, including Microsoft’s multi-billion-dollar investment in ChatGPT creator OpenAI.

By Alexei Alexis • Oct. 17, 2023

Criminals’ AI adoption intensifies scam threat

With AI, a criminal can now more easily mimic the voice of a trusted person at an organization as part of a sophisticated payment fraud scam, says Trustpair CEO Baptiste Collot.

By Alexei Alexis • Oct. 17, 2023

CFOs keep focus on tech, profitability: Grant Thornton

As CFOs seek to boost profits while balancing rising operating costs, a tailored digital transformation strategy is critical, Grant Thornton’s Paul Melville says.

By Grace Noto • Oct. 16, 2023

Sponsored by KPMG

Now is the time for CFOs to adopt generative AI solutions

Finance plays a critical role in leading adoption of generative AI for powerful business outcomes. Learn the steps to get started as well as key use cases for Finance.

Oct. 16, 2023

How UiPath kept its finance team lean as it scaled up

The goal is to increase team productivity through automation tools, but “doing more with less” might motivate some companies using the technology, CFO Ashim Gupta says.

By Suman Bhattacharyya • Oct. 13, 2023

Atlassian bets on video messaging in nearly $1B Loom buy

The global movement toward distributed work has fueled a need for new ways to help teams collaborate, Atlassian said.

By Alexei Alexis • Oct. 12, 2023

Finding the digital transformation ‘sweet spot’: FloQast CFO

CFOs need to find the right moment, and the right software, to drive digital transformation effectively, FloQast’s Razzak Jallow says.  

By Grace Noto • Oct. 12, 2023

AI regulation backed by 73% of dealmakers: Datasite

Fourteen percent of M&A professionals surveyed have seen a transaction derailed because of AI-related concerns.

By Alexei Alexis • Oct. 11, 2023

SEC cyber rules send execs scrambling as deadlines near

Companies face the thorny challenge of determining what constitutes a “material” cyber breach for reporting purposes.

By Alexei Alexis • Oct. 10, 2023

Opinion

Leveraging AI in your monthly close process

Savvy accounting leaders who see the writing on the wall are focused on bringing cutting-edge technologies into their teams’ daily tasks, including the monthly close, writes Horváth’s Tony Klimas.

By Tony Klimas • Oct. 10, 2023

Sponsored by SystemsAccountants

5 steps to build the perfect NetSuite team

If you don’t build the right team, you might end up with expensive software that doesn’t generate a positive ROI.

Oct. 9, 2023

84% of CFOs wrestle with talent crunch

Accounting ranked as the top finance function struggling with talent shortages, amid high turnover and dwindling new entrants.

By Alexei Alexis • Oct. 5, 2023

UK regulators ‘concerned’ about AWS, Microsoft amid cloud market probe

Following a yearlong inquiry into competitive practices, Ofcom referred the public cloud infrastructure market to the Competition and Markets Authority for further investigation.

By Matt Ashare • Oct. 5, 2023

Xero: Rebranding accounting for a new generation

Recontextualizing accounting as an engaging, flexible field is key to enticing new candidates — and the CFO needs to be front and center at that cultural shift.

By Grace Noto • Oct. 4, 2023

Senate bill would let SMBs use SBA loans to cover fintech fees

The Financial Technology Association is backing a bill that would clarify that loans made through the Small Business Administration’s flagship lending program can be used to pay for fintech services.

By Anna Hrushka • Oct. 4, 2023

Clear Street taps new CFO among sweeping leadership shifts

The new CFO is taking the company’s financial reins as the $2 billion fintech looks to establish a unique niche in the capital markets space.

By Grace Noto • Oct. 3, 2023