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Sorry, Private Equity, RSM Doesn’t Want Your Money

Going Concern

FT published an interview today with Brian Becker , RSM US CEO and managing partner since 2022, in which he states RSM will not be jumping on the private equity train that some firms have embraced this decade. It made us into a national firm, which was great. Who says the old partnership model is dead? ” See?

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Generative AI: considerations for small businesses

Xero

Soon-Ee kicked off by asking us to think about what these technologies mean and their limits. When using generative AI in business, we should have a sense of how confident we need to be in its outputs. At this point, Maribel pointed out that generative AI proposes answers without allowing us to interrogate the underlying data.

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Telenav Partners With Amazon For Alexa-Powered Navigation

PYMNTS

Drivers can use voice commands to interact with the map, add a stop en route, request points of interest and more. Expanding our work with Alexa’s voice-based services to work offline allows us to provide consumers with technology-aided benefits at all times. Financial results for the Telenav’s fiscal quarter that ended Sept.

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How Visa And The US Secret Service Are Flattening The COVID-19 Fraud Curve

PYMNTS

And as of today, fraudsters find themselves in extraordinary times as people are online en masse working from home and shopping due to the coronavirus pandemic. And on the financial services side, Hodges said, one sees the same strategy in play, albeit with slightly different tactics in use.

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Digital transformation in tax: K-1 Analyzer paves the way to automation

ThomsonReuters

While these traditional roles are a fundamental part of the tax department of the future, tax professionals need to meet new expectations by adopting technology , increasing efficiency, and focusing on strategy to position the organization for any challenges it might face as tax compliance evolves to become increasingly burdensome and complex.

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Consumers Still Drawn To The Branches Banks Are Trying To Shut Down

PYMNTS

Though often written about and praised highly, the digital-only world may not have quite the number of converts the tech press would lead one to believe. Banking execs argue that branches fill a key role for customers – and closing them en masse runs greater odds of further lowering revenue more than it would save costs. Case in point?

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For FIs, Moving Beyond Digital Fragmentation Toward The Great Rebundling

PYMNTS

Consumers are shifting, en masse, to mobile devices and home speakers as conduits used in their daily financial lives. When one thinks about the data the banks have, that’s really valuable as it’s mostly transactional, said Siegel. Bank profits are up. That’s a bit tongue in cheek, of course, but only a bit.