Technology
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Ally Financial taps Goldman vet for CFO seat
Ally’s current finance chief, who has been serving on an interim basis since October, will return to his full-time role as corporate treasurer once the newly-appointed CFO arrives in July, the company said.
By Alexei Alexis • March 24, 2023 -
CFOs key to shaping digitization efforts: study
With technology teams overloaded, the discerning CFO’s hand is crucial to shaping company digitization efforts.
By Grace Noto • March 24, 2023 -
Explore the Trendline➔
iStock / Getty Images Plus via Getty ImagesTrendlineDigital transformation, one smart step at a time
By taking an incremental approach, CFOs can move their finance and accounting operations onto an automated, intelligent platform without letting disruption distract from their efforts to scale.
By CFO Dive staff -
LastPass snatches finance chief with SaaS chops
The password management company’s new CFO brings more than two decades of experience in financial leadership roles at both public and private companies, including software-as-a-service organizations, LastPass said.
By Alexei Alexis • March 21, 2023 -
Lessons from SEC’s $3M Blackbaud cyber penalty
The Charleston, South Carolina-based software provider’s recent data breach settlement with the SEC serves as a cautionary tale for C-suite leaders.
By Alexei Alexis • March 21, 2023 -
Software vendors race to bet on ChatGPT craze
Finance-focused Klarity Intelligence is among software vendors moving quickly to adopt the technology behind ChatGPT while also working through data security issues.
By Alexei Alexis • March 20, 2023 -
With tech’s favorite banks in turmoil, some are choosing loyalty
After several high-profile bank failures and near-failures, some fintechs don’t see jumping ship as an option.
By Gabrielle Saulsbery • March 20, 2023 -
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.
By Grace Noto • March 17, 2023 -
How ERP modernizations fare amid cost cutting
Some companies are pausing or delaying ERP implementations. But projects moving ahead face sharper scrutiny than before.
By Jen A. Miller • March 17, 2023 -
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.
By Alexei Alexis • March 16, 2023 -
Cybersecurity market confronts potential consequences of banking crisis
Bank seizures impose new challenges on vendors in every segment and may spur consolidation.
By Matt Kapko • March 16, 2023 -
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.
By Anna Hrushka • March 14, 2023 -
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.
By Matt Kapko • March 14, 2023 -
Q&A
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.
By Alexei Alexis • March 13, 2023 -
4 keys to automation roadmapping
Finance tech projects undertaken without a good roadmap could be headed for failure, according to Gartner analyst Nisha Bhandare.
By Alexei Alexis • March 13, 2023 -
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.
By Lindsey Wilkinson • March 13, 2023 -
Sponsored by Aptitude Software
Data fabric means big business value for CFOs
From increasing flexibility and performance to reducing the cost of finance, this is an important strategic technology that will unlock business value.
By Jordan Burke, Finance Digitalization Product Manager, Aptitude Software • March 13, 2023 -
Meta to slim teams, lean on AI in year of efficiency, CFO says
Meta will be reevaluating its teams and projects, while also aiming to invest in key areas like AI and automation to drive its year of efficiency, CFO Susan Li said.
By Grace Noto • March 10, 2023 -
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.
By Anna Hrushka • March 10, 2023 -
CrowdStrike revenue soars amid high cyber demand
The cybersecurity company reported record financial results in spite of macroeconomic headwinds.
By Alexei Alexis • March 8, 2023 -
Emerging FinOps drive smart cloud strategies: Apptio CFO
Leaders are moving away from a period where “the answer was cloud all the time without a lot of discipline,” Kurt Shintaffer says.
By Grace Noto • March 8, 2023 -
Brex offers ChatGPT-style CFO tools
The announcement comes as interest in ChatGPT is rapidly gaining momentum, even as some worry about potential privacy and security risks.
By Alexei Alexis • March 7, 2023 -
Bank, finance leaders brace for rate volatility
The majority of leaders at financial institutions say interest rates will drive business model guidance this year but few are leveraging financial data to support these changes.
By Elizabeth Flood • March 7, 2023 -
Generative AI a ‘game-changer’ but businesses are worried about the ethics
Most executives plan to prioritize generative AI over the next year and a half, Salesforce research shows.
By Roberto Torres • March 6, 2023 -
Software firm Ramp closes $5M seed round
The funding will help with hiring additional staff and onboarding new clients, the company’s CEO told CFO Dive.
By Alexei Alexis • March 6, 2023 -
CFO takeaways from Biden cyber plan
The Biden administration’s new 35-page report, released last week, calls for increased regulation and warns that some U.S. companies are not doing enough to respond to escalating cyber threats.
By Alexei Alexis • March 6, 2023