Global payments trends in 2023 are set to be shaped by the significant macroeconomic challenges currently facing the global economy.These are challenging times for the global economy, and for global payments this is manifesting as significant change in many aspects of the industry.The convergence of upended supply chains, an economic ...
OBSERVATIONS FROM THE FINTECH SNARK TANKIt's the beginning of a new year, which means it’s predictions/trends/forecast season for industry pundits.A list that basically says "things that started this year will continue into next year" isn't very enlightening. Then there’s the confusion between "prediction" and "trend." Saying "things that started this ...
When the tragic invasion of Ukraine began last February, Russian people eager to avoid entrapment in a war that vandalized reason turned to dollars. Get it? Not only do dollars liquefy a fair amount of exchange inside Russia, they were also a way out of Russia for citizens who weren’t ...
It can be complex, but it is important to accurately assess its value in order to make informed decisions about its future.Valuing a business during a recession can be a complex and challenging task, as economic uncertainty can impact a company's performance and financial stability. However, it is just as ...
Should CFOs consider how advanced technology like ChatGPT may impact their role and their companies? “I think, increasingly, we're going to be seeing generative A.I. used for financial forecasts and scenario generation,” Michael Schrage, a research fellow at the MIT Sloan School Initiative on the Digital Economy, said.Schrage was the ...
One of a financial adviser’s first steps when meeting with a client should be to assess the client’s tolerance for risk. This is essentially a behavioral assessment of how comfortable the investor will be seeing their portfolio fluctuate in value.If a client can’t stomach drops when the market crashes, then ...
Good morning,We're taking this week to delve deeper into what it takes to become a CFO. All week we'll be looking at the next generation of finance leaders and what they should be doing early on to propel their careers to the highest echelons. Know someone who would benefit from ...
Keeping a track of a company's expenses and logging every account detail is a nightmare for the accounts department of any company.Not only is it a tiring task but it also takes up a lot of energy from the hired resources. That is why keeping track of the modern methods ...
Businesses facing insistent cost pressures are turning to their CFOs to steer them through a highly inflationary environment, with many companies — notably, those in the technology industry — hunting for “wartime” finance chiefs with the skills and experience needed to steer them through a looming recession.CFOs must ensure they are ...
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