Synchrony Shares Jump on Big Earnings Beat
The company's acquisition of PayPal's U.S. consumer credit portfolio helped boost loan receivables by $11 billion, or 14%.
Digital Investments Carry Increasing Financial Risk
Machine learning and AI solutions are difficult to deploy, often overhyped, and may have little bottom-line impact: Gartner.
Why CFOs Shouldn’t Come From Public Accounting
Make the controller responsible for accounting and the CFO for financing — and have them report separately to the CEO, an ex-finance executive advises.
Ex-Bankrate CFO Charged With Criminal Fraud
Edward DiMaria allegedly used "cushion" accounting and other methods to manipulate Bankrate's reported revenue and earnings.
MoneyGram Accepts Revised Offer From Ant
Alibaba's financial services affiliate raised its bid to $1.2 billion, apparently beating out rival suitor Euronet.
‘Financial CHOICE Act’ Would Be Big Boost for Banks
The proposed law would significantly amend the Dodd-Frank Act and restore flexibility to financial institutions.
Will Financial Services Regulations Ease Up?
With Republicans in charge of the government, regulatory constraints on financial services firms may begin to relax.
CFOs Warily Optimistic About Trump
On the upside: tax breaks and the post-election rally in the stock markets. On the downside: Trump’s protectionist plans and his “shock-like” statements.
Encryption Isn’t Enough: Tackling Cyber-Regulations
New regulations in New York tie cybersecurity to access control, acceptable usage policy, and data retention.
Stripe to Offer Financial Services to Cubans
The online payment firm's move is part of a "deluge of interest" by U.S. companies in Cuba since the easing of financial restrictions.