The Latest

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    iStock / Getty Images Plus via Getty Images

    Understanding AI’s customer service opportunities

    AI can help CFOs enhance customer service and other key business elements, but CFOs need to understand not only what the technology can do, but what it wasn’t made to do.

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    everythingpossible/Adobe Stock

    Sponsored by Moovila

    Two growth blockers too big to ignore

    Data and human limitations cap your ability to drive revenue. It’s time for AI to help us break through.

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    Chip Somodevilla via Getty Images

    Bipartisan Senate bill would bolster SEC whistleblower safeguards

    The SEC’s program for gathering tips on securities law violations has imposed $6.3 billion in sanctions since its creation.

  • An employee gets into his car after arriving to work to a shuttered Silicon Valley Bank (SVB) headquarters in Santa Clara, California.
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    Justin Sullivan via Getty Images

    SVB’s parent company files for bankruptcy protection

    The move will allow SVB Financial Group “to preserve value as it evaluates strategic alternatives” for venture-capital business SVB Capital and broker-dealer SVB Securities, the company said.

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    Courtesy of Mattel

    Mattel CFO sees movie tie-in boosting Barbie sales

    The iconic El Segundo, California-based toymaker had a tough 2022 but CFO Anthony DiSilvestro expects the outlook to improve and says parents will always prioritize spending on their children.

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    Justin Sullivan via Getty Images

    SVB CFO may be swept up in stock dumping scrutiny

    Three SVB Financial senior officers, including the finance chief, sold company shares worth a combined total of about $4.5 million as of Jan. 1, according to insider trading research firm Smart Insider.   

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    Justin Sullivan via Getty Images

    Nearly one-third of CFOs to diversify deposits across banks: study

    CFOs are looking to take immediate action to assess the risk and exposure to their businesses following recent bank failures.

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    Courtesy of Skechers

    Skechers CFO expects lower 2023 shipping pricing

    When it comes to gross margins, Skechers’ CFO John Vandemore says last year wasn’t his “proudest.” But he’s now prioritizing inventory management which he called “crucial” to protecting margins.

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    Delmaine Donson via Getty Images

    Does SVB failure expose CFO job creep’s weaknesses?

    The bank's chief risk officer seat was left vacant for much of 2022, raising questions about how such responsibilities are distributed and to whom in the modern C-suite.

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    DKosig via Getty Images

    FASB kicks off comment period on income-tax updates

    While previous FASB efforts to update accounting standards for taxes have fizzled, Chair Richard Jones has said tweaks to the project’s scope have made it achievable.

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    qingwa via Getty Images

    SEC fines IT firm DXC $8M for ‘misleading’ disclosures

    DXC lacked adequate controls for the review, approval and classification of costs, according to the SEC.

  • Former CFO sentenced in $1.9M embezzlement scheme

    The California man used his position as an auto dealership CFO to issue himself unauthorized checks, as well as pay for personal expenses with company credit cards, prosecutors said.

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    Courtesy of Courtesy of Luis Guillén for Saks

    Burberry poaches CFO from McLaren

    The British luxury fashion house announced another change in its C-suite after naming a new CEO just last year.

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    Alex Wong via Getty Images

    SVB failure could cloud CFOs’ sunnier outlook

    CFOs are cautiously optimistic for 2023, according to Deloitte’s latest CFO signals survey, but the swift downfall of SVB could test that.

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    ultramarine5 via Getty Images

    Signature Bank CFO among those named in investor lawsuit

    A proposed class-action complaint claims the bank and its leaders misled investors about Signature Bank’s financial standing.

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    fizkes via Getty Images

    After SVB, cash is once again king, ex-CFO says

    With steady CFO leadership now paramount, finance leaders should prioritize cash and keep open their lines of communication with shareholders and employees.

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    Philip Steury via Getty Images

    Bank failure panic fuels moment of opportunity for threat actors

    As regulators step in to operate Silicon Valley Bank, threat hunters and security executives warned organizations to look out for malicious activity, highlighting finance employees as especially vulnerable.

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    alfexe via Getty Images

    Core inflation rises, challenging Fed amid banking instability

    Even as high inflation persists, the failure of Silicon Valley Bank and Signature Bank has undercut expectations that the Fed will step up the pace of monetary tightening.

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    Justin Sullivan/Getty Images via Getty Images

    Silicon Valley Bank investors sue collapsed firm’s CEO, CFO

    The proposed class action alleges the failed bank, CEO Greg Becker and CFO Daniel Beck concealed from investors the impact that high interest rates would have on the tech-focused firm’s business. 

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    iStock / Getty Images Plus via Getty Images

    4 keys to automation roadmapping

    Finance tech projects undertaken without a good roadmap could be headed for failure, according to Gartner analyst Nisha Bhandare.

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    iStock / Getty Images Plus via Getty Images

    Finance tech guru dishes on ChatGPT

    While the technology holds promise, concerns over the privacy risks are justified for now, finance tech expert Glenn Hopper says.

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    FluxFactory via Getty Images

    Your company is changing software providers. Now, you just have to break it to staff.

    It’s on technology leaders to reduce friction and frustration, engage stakeholders and foster communication to ensure a migration goes smoothly.

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    Drew Angerer/Getty Images via Getty Images

    Biden support for depositors may not brighten credit outlook

    The high-profile failures of Silicon Valley Bank and Signature to hedge against interest rate risk may lead to a period of tighter credit, economists and financial advisers said.

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    Justin Sullivan via Getty Images

    SVB could be biggest story for CFOs since COVID-19

    The CFO Leadership Council held an emergency meeting on the Silicon Valley Bank crisis Friday while some finance leaders are bracing for broader ripple effects.

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    Justin Sullivan via Getty Images

    SVB exposure: FAQs

    In the wake of Silicon Valley Bank’s weekend implosion, CFOs are left scrambling to figure out the fate of deposits, payments and loans, as well as how exposure to the bank could impact their business.

  • An SVB sign stands outside the bank's headquarters.
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    Justin Sullivan via Getty Images

    Regulators take over Silicon Valley Bank

    The California Department of Financial Protection and Innovation closed the embattled bank and appointed the FDIC as receiver, regulators said Friday.