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The Impact of AI on Traditional Accounting Practices: Here’s What to Expect

Fintech Staff Writer
by Fintech Staff Writer0
Artificial Intelligence (AI) is poised to revolutionize traditional accounting practices, bringing about significant changes in efficiency, accuracy, and the role of accounting professionals. As AI technologies become more advanced and integrated into the accounting field, both opportunities and challenges emerge. SafeSend has unveiled SafeSend One, a suite of AI-powered tools......
Artificial Intelligence Featured Finance Fintech Machine Learning Security

RegTech and the Future of Regulatory Reporting

Prajakta Ayade
by Prajakta Ayade0
The financial services industry has witnessed a significant transformation driven by financial tech advancements. Among these innovations, Regulatory Technology, or RegTech, has emerged as a critical component in reshaping the future of regulatory reporting. Understanding RegTech RegTech refers to the use of technology, particularly information technology, to enhance the management......
Silverfin announces partnership with MYOB to deliver cloud-first solution to ANZ accounting firms as the industry embraces AI and compliance automation
Cloud Fintech News

Silverfin announces partnership with MYOB to deliver cloud-first solution to ANZ accounting firms as the industry embraces AI and compliance automation

PR Newswire
by PR Newswire0
Leading cloud-first accounting and compliance solution Silverfin has today announced a 10-year exclusive partnership with MYOB, a leading business management platform in Australia and New Zealand. Now with presence in 15 countries, this strategic collaboration marks a significant step in Silverfin’s commitment to global expansion, bringing cloud-first, AI-powered post accounting solutions to......
Confluence Helps Clients Achieve Compliance with SEC Tailored Shareholder Reporting
Finance Fintech News

Confluence Helps Clients Achieve Compliance with SEC Tailored Shareholder Reporting

Business Wire
by Business Wire0
Confluence’s industry-leading solution successfully completed TSR filings for fund administrator and asset manager clients Confluence Technologies, Inc. (“Confluence”), a global financial technology solution provider for regulatory, analytics, and investor communications, announced today that its industry-leading Unity platform suite of products went live and completed filings for the U.S. Securities and......
BMO Survey: More Than a Third of Americans Using AI to Manage Finances
Finance News

BMO Survey: More Than a Third of Americans Using AI to Manage Finances

PR Newswire
by PR Newswire0
61% of Gen Z use AI to help manage their finances and investments – more than any other generation. 64% do not believe AI understands how emotions influence financial planning. The BMO Real Financial Progress Index reveals a growing number of Americans, notably Gen Z, are increasingly using artificial intelligence......
TRUE Announces General Availability of its Latest Enterprise-Class Lending AI Capabilities
Artificial Intelligence Lending News

TRUE Announces General Availability of its Latest Enterprise-Class Lending AI Capabilities

Business Wire
by Business Wire0
TRUE Data Intelligence 5.1 sets the mortgage industry standard for intelligent document processing and delivers significant workflow velocity improvements to the mortgage lending market TRUE, the leader in lending intelligence, announced the general availability of TRUE Data Intelligence 5.1. This new release dramatically decreases the time, cost, and human touch......
Artificial Intelligence Finance Fintech Guest Posts Risk Management Security

AI’s Impact on Emerging Risk Management Trends

Fintech Analyst
by Fintech Analyst0
By Heather H. Wilson and Patrick J. O’Neill, CLARA Analytics and Redhand Advisors AI is exploding, particularly as large language models (LLMs) have infiltrated everyday life. Almost every new mainstream product seems to promote some usage of AI, and industry after industry is being transformed by its capabilities. But despite......
Wolters Kluwer launches CCH Tagetik Tax Provision & Reporting Solution
Finance Fintech News

Wolters Kluwer launches CCH Tagetik Tax Provision & Reporting Solution

Business Wire
by Business Wire0
New solution bridges the gap between financial and group tax reporting Wolters Kluwer, a global leader in information, software, and services for professionals, today announced that it has launched CCH® Tagetik Tax Provision & Reporting. This new solution supports companies that are seeking to streamline group tax provision and accounting processes......
Abaxx Commodity Futures Exchange and Clearinghouse partners with ION to offer post-trade clearing and risk solutions
Finance Fintech News Trading

Abaxx Commodity Futures Exchange and Clearinghouse partners with ION to offer post-trade clearing and risk solutions

PR Newswire
by PR Newswire0
ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporates, announces that Abaxx Commodity Futures Exchange and Clearinghouse has chosen ION’s XTP technology to support its building of new markets for the ongoing energy transition. The Abaxx Exchange, which......
68% of UK CFOs say businesses are compromising on customer experiences due to economic pressures
Finance Fintech News

68% of UK CFOs say businesses are compromising on customer experiences due to economic pressures

EIN Presswire
by EIN Presswire0
Payhawk, the global spend management solution that helps businesses manage company cards and payments at scale across 32 countries, today revealed that 61% of international CFOs say their businesses are making or considering making customer experience compromises to remain operational amid the current challenging economic climate. The report “The CFO agenda:......
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