The Federal Reserve’s long-awaited interest-rate cut arrived Wednesday (Sept. 18). The move to lower interest rates by 50 basis points marks a pivotal moment in the post-pandemic economic landscape, and for chief financial officers (CFOs) and treasurers, the move introduces new complexities — and opportunities...
Edge AI computing brings the brain of artificial intelligence (AI) directly to your devices, making them smarter, faster and more private. From self-driving cars navigating city streets to smartphones instantly translating foreign languages, AI is increasingly moving out of centralized data centers and onto the...
Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through, will see Goldman Sachs sell the portfolio of loans to Barclays at a discount to the value of the outstanding...
OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The artificial intelligence (AI) company currently issues investors equity from its for-profit subsidiary, which is governed by its non-profit board whose “principal beneficiary is humanity, not OpenAI...
July 04, 2024
Brands use loyalty programs to increase sales, acquire and retain members, enhance the customer experience and create advocates. Return on investment (ROI) is foremost among any brand’s metric to measure the efficiency and performance of a loyalty program. Since every loyalty program is different, calculating your ROI can be challenging. The purpose of investing in […]
April 12, 2024
Modern leadership requires data, communication, empathy, and above all a holistic view of the business. Call these pillars the new drivers of success. Increasingly, it is falling to today’s chief...
April 11, 2024
Today’s chief financial officers are as different from 1970s bean counters as apples are from oranges. In an operational landscape marked by ongoing uncertainty and a sea change of macro...
March 11, 2024
If you want to go fast, go alone. If you want to go far, go together. While the origins of that allegedly African proverb appear to be shrouded in uncertainty,...
October 23, 2024
Fidelity Payment Services rebranded as Sola, and its board appointed payments industry veteran Michael Reed as its CEO. Sola is the new, consolidated brand identity and company name for Fidelity Payment Services and its proprietary payment gateway, Cardknox, the company said in a Wednesday (Oct. 23) press release. Reed joins Sola after serving in leadership […]
September 10, 2024
Goldman Sachs and Barclays are seeking a deal on Goldman’s $2 billion portfolio of loans made to General Motors customers. The deal, if it goes through, will see Goldman Sachs sell...
August 30, 2024
OpenAI is reportedly considering changing its corporate structure to make that structure simpler and more attractive to financial backers. The artificial intelligence (AI) company currently issues investors equity from its for-profit...
July 10, 2024
Costco will raise its annual membership fees in the United States and Canada for the first time in seven years. Effective Sept. 1, in those countries, the retailer is adding...
