Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of low interest rates is, arguably, over. One mainstay? Volatility will be a hallmark of interest...
Today’s middle-market firms often find themselves caught in the Goldilocks paradox. These businesses, with $50 million to $1 billion in revenues, are too big for the financial products offered to smaller businesses, yet too small for the working capital solutions typically designed for multibillion-dollar enterprises....
The 2020s have borne witness to some of humanity’s greatest leaps in technological innovation. And many of them, from artificial intelligence (AI) to machine learning, have quietly been transforming payments. But while the consumer side of payments has found itself flooded with much of this...
Innovation begets innovation — and companies that neglect that fact can often end up stagnating. Consider, for example, the fact that in today’s digital economy, payments are no longer just a means of settling invoices — they’re emerging as strategic tools for generating revenue. Digital...
November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you need it — no phone calls, no paperwork, just a […]
October 30, 2024
Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact remains that the era of...
October 18, 2024
The 2020s have borne witness to some of humanity’s greatest leaps in technological innovation. And many of them, from artificial intelligence (AI) to machine learning, have quietly been transforming payments....
October 15, 2024
Cross-border payments are the lifeblood of international business — but for finance teams, they often come with a side of risk and complexity. As the world shrinks and global markets...
August 27, 2024
Apple Chief Financial Officer Luca Maestri is set to step down at the start of next year. Maestri will exit the CFO office starting Jan. 1 but continue to lead Apple’s corporate services teams, according to a Monday (Aug. 26) press release. Kevan Parekh, Apple’s vice president of financial planning and analysis, will take his […]
June 10, 2024
MoneyGram International has appointed former Driven Brands chief financial officer (CFO) Gary W. Ferrera as its CFO. Ferrera succeeds Larry Angelilli, who has retired after more than 12 years with...
June 10, 2024
OpenAI has named a new chief financial officer (CFO) and a new chief product officer (CPO) as it prepares for its “next phase of growth.” Sarah Friar, former CEO of Nextdoor, has...
May 21, 2024
Artificial intelligence (AI) startup Anthropic has appointed Airbnb veteran Krishna Rao as its chief financial officer (CFO). In his new role, Rao will help shape Anthropic’s financial strategy and operations as the company grows and...
