Technology: Page 6
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3 risky ‘surveillance pricing’ practices to avoid
CFOs should be ready for potentially tougher enforcement actions connected to pricing practices in the future, says Michael Keeley, an attorney with law firm Axinn, Veltrop & Harkrider.
By Suman Bhattacharyya • July 25, 2024 -
Alphabet investors get mixed news from departing CFO Ruth Porat
The tech giant’s shares sank after Porat’s mixed comments about the company’s operating margin outlook.
By Alexei Alexis • July 24, 2024 -
Trendline
Spend management innovation yields equity value
Spend management technology is about attracting talented staff, reducing compliance problems and scaling back-office operations in a way that creates value.
By CFO Dive staff -
Spotify profit jumps amid ‘early days’ of price increases
Interim CFO Ben Kung said the music streamer is “encouraged” by the initial consumer reaction to the company's recent price hikes.
By Maura Webber Sadovi • July 23, 2024 -
CFOs face ‘threefold challenge’ with GenAI spending, Pairsoft CEO says
As finance chiefs look to upgrade legacy finance functions, GenAI is emerging as a promising technology — but first, CFOs need to identify a clear use case.
By Grace Noto • July 23, 2024 -
Judge deals major blow to SEC’s cybersecurity enforcement stance
“The decision substantially limits the SEC’s authority to challenge a company’s cybersecurity program,” attorney Mark Schonfeld said.
By Alexei Alexis • July 23, 2024 -
Many CFOs still in early phase of digital transformation: McKinsey
Finance teams are grappling with roadblocks such as already-demanding workloads, a lack of relevant capabilities and insufficient resources.
By Alexei Alexis • July 23, 2024 -
Visa, Mastercard say CrowdStrike didn’t impact networks
Still, cardholders may have been affected, particularly in Europe, as some bank card issuers were hit by the cybersecurity company’s update snafu.
By Lynne Marek • July 22, 2024 -
Deep Dive
‘Surge Moment’: Generative AI upends time-tested measurements of ROI
CFOs gauging the return on investment from generative artificial intelligence are trying to map fuzzy terrain, according to financial executives and AI experts.
By Jim Tyson • July 19, 2024 -
Legacy tech upgrades cost the average business nearly $3M last year
Maintenance costs, impacts on the data stack and AI ambitions are pushing companies to modernize, a SnapLogic survey found.
By Lindsey Wilkinson • July 19, 2024 -
CrowdStrike software update at the root of a massive global IT outage
A defective software update led to major disruptions in aviation, banking and other industries as Microsoft 365 services were impacted worldwide.
By David Jones • July 19, 2024 -
CFPB to apply lending laws to EWA
The federal agency weighed in Thursday with a proposed rule to oversee the burgeoning earned wage access industry.
By Lynne Marek • July 18, 2024 -
AI budgets poised to surge in 2025
While AI investments are expanding, many companies are failing to invest in infrastructure necessary to optimize the technology, EY found.
By Alexei Alexis • July 16, 2024 -
Latest AT&T data breach risks customer defections: Moody’s
The incident comes as AT&T is already facing a number of class action suits stemming from a separate breach that was disclosed in March.
By Alexei Alexis • July 16, 2024 -
Sponsored by Planful
3 reasons why it’s time to get on board with AI for growth
Start thinking of AI as an offensive advantage instead of a defensive backstop.
By Grant Halloran, Planful CEO • July 15, 2024 -
BofA tackles digital banking’s transaction pain points
The latest CashPro platform update is designed to better address transaction-related inquiries — one of the top reasons business customers call and email the bank.
By Maura Webber Sadovi • July 12, 2024 -
Banks should proactively combat instant payments fraud: BNY
Use of data-sharing protocols among banks could warn customers before they send money, said Carl Slabicki, a BNY executive.
By Suman Bhattcharyya • July 12, 2024 -
Former tech CFO sanctioned in UK over fraud after US jail sentence
The ex-finance chief of software vendor Autonomy is banned from working as an accountant in the U.K. until November 2038.
By Alexei Alexis • July 11, 2024 -
GenAI spending frenzy shifts as revenue emerges as top ROI priority
Revenue generation has overtaken productivity as C-suite leaders’ primary return-on-investment metric for generative AI spending, KPMG found.
By Alexei Alexis • July 11, 2024 -
Yooz: Closing the finance strategy perception gap
To drive strategic transformation, CFOs need to connect with their finance teams to figure out what’s holding them back, Yooz’s John Gronen said.
By Grace Noto • July 11, 2024 -
Aligning finance, operations key for best tech practices: LogicSource
To find the right technology solution, finance and operations first need to be aligned on the problem, LogicSource’s Jo Seed says.
By Grace Noto • July 9, 2024 -
Opinion
How CFOs can leverage AI in spend management
AI can sift through tons of data in seconds, streamlining tax calculations in the employee expense process, among other benefits, writes SAP Concur’s Chris Juneau.
By Chris Juneau • July 9, 2024 -
Crypto theft doubles to $1.38B
The May theft of over $300 million worth of bitcoin from Japanese cryptocurrency exchange DMM Bitcoin is the largest digital currency heist so far this year.
By Alexei Alexis • July 8, 2024 -
4 tips for combating CFO deepfakes
CFOs should be cautious about posting personal material on social accounts, as such information can be used to build deepfakes.
By Suman Bhattacharyya • July 8, 2024 -
Sponsored by OneStream
Future-proof finance talent through upskilling and digital transformation
Why finance leaders must modernize within their own departments to bridge the growing talent gap.
By Danielle Crane, Chief People Officer, OneStream • July 8, 2024 -
Sponsored by Deel
How Deel is building truly global payroll
In today’s global economy, the shift to work-from-anywhere has opened up the possibility of hiring the best people in the world to power your company.
July 8, 2024