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UK finance software isn’t making the grade

Accounting Insight

New research being officially announced at BETT 2023 has found that almost half (47%) of Chief Financial Officers (CFO) working in Multi Academy Trusts (MATs) rate their finance software as ‘inadequate’ or ‘requires improvement’.

Finance 59
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How Technology Disruption Will Affect the Automotive Industry

RogerRossmeisl

This is Blog Post #907) Tony Seba is the author of “Clean Disruption of Energy and Transportation – How Silicon Valley Will Make Oil, Nuclear, Natural Gas, Coal, Electric Utilities and Conventional Cars Obsolete by 2030” and “Rethinking Transportation 2020-2030” He.

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Chinese Finance Group Calls For AI Regulation In Ecosystem

PYMNTS

Policy advisers at a leading think tank said that China should introduce a regulatory framework for artificial intelligence in the finance sector, according to a report from Reuters on Sunday (Dec 22). The risk and safety lines with AI in China in the finance sector appear to be blurring. billion by 2023, up from an estimated $4.5

Finance 81
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Walmart Offers Cheaper Supplier Finance For Sustainability

PYMNTS

Walmart and HSBC are introducing a new initiative that pegs supplier financing rates to that vendor’s sustainability performances. Suppliers that show progress can apply for HSBC financing. The Project Gigaton initiative is Walmart ‘s effort to cut one billion metric tons of greenhouse gasses from its value chain by 2030.

Finance 70
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Join the Instant Payment Revolution: Read 7 Must-Know Facts for Small Businesses

Technology evolves at lightning speed, and as finance keeps changing, instant payments emerge as a game-changer for small businesses. By 2030, instant payments are projected to surge by 289% and will become the new norm in financial transactions.

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California Takes First Step in Introducing Companies to ESG Reporting

CPA Practice

Between 2027 and 2030, penalties related to scope 3 disclosures will only apply for non-filers; and on an ongoing basis there will be no penalties for any misstatements related to scope 3 disclosures made with a reasonable basis and disclosed in good faith. Reporting is required annually using a digital reporting platform.

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The Rise Of eCommerce And Digital Banking Innovations

PYMNTS

3.6T: Projected size of the "embedded finance" market by 2030. Data: $86B: Estimated spend on in-car commerce by 2025. 80%: Portion of global FI execs who believe banks will profit from embracing platform business models. 30%: Salesforce’s estimate of year-over-year growth in global digital commerce during Q4. 25%: Share of U.S.

Finance 67