Technology: Page 13

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    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 • July 23, 2024
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    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 • July 23, 2024
  • a graphic showing hands typing in a keyboard Explore the Trendlineâž”
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    Trendline

    Digital transformation, one smart step at a time

    As pricing pressures tighten margins and technologies like artificial intelligence evolve, finance chiefs are more closely scrutinizing the cost and returns of the tech tools they implement.

    By CFO Dive staff
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    Andrew Brookes
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    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 • July 23, 2024
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    Matt Kapko/CFO Dive
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    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
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    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 • July 19, 2024
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    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
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    Anthony Kwan / Stringer via Getty Images
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    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
  • Rohit Chopra, Director of the Consumer Financial Protection Bureau, giving a speech in an auditorium.
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    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
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    Laurence Dutton via Getty Images
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    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 • July 16, 2024
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    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 • July 16, 2024
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    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
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    Courtesy of Bank of America
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    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 • July 12, 2024
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    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
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    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 • July 11, 2024
  • Businessman holds electronic tablet showing profit data, while businesswoman holds hard-copy report.
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    Chainarong Prasertthai via Getty Images
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    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 • July 11, 2024
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    shapecharge via Getty Images
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    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 • July 11, 2024
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    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 • July 9, 2024
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    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
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    Chris McGrath via Getty Images
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    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 • July 8, 2024
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    dem10 via Getty Images
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    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 • July 8, 2024
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    TBD

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    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
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    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
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    gorodenkoff via Getty Images
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    Almost 60% of corporate cybersecurity budgets are higher this year: report

    Artificial intelligence is a key focal area as organizations scramble to keep up with threat actors, the study shows.

    By • July 3, 2024
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    NVIDIA-backed WEKA zeros in on AI data storage, infrastructure

    The company made a concentrated decision to catch the AI “wave” early in order to help clients build out modern, “AI-native” tech stacks, Weka’s CFO says.

    By • July 2, 2024
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    Chevron ruling adds new wrinkle to US cybersecurity efforts

    The Supreme Court decision could have major ramifications for federal agencies that rely on old laws to tackle digital-era policy challenges, legal analysts said.

    By • July 2, 2024