AI-curated news for your industry

Against the backdrop of AI increasingly becoming part of corporate operations, CFOs need to ensure that the data fed into models carries the same credibility as financial statements. Usercentrics CEO Donna Dror emphasizes that data should be treated as a financial asset, with privacy and trust serving as governance mechanisms that preserve and enhance value; meanwhile, front-loading compliance can reduce later remediation costs and act as a growth driver.

With the rise of millennial and Gen Z decision-makers, B2B buyers' expectations for transaction experiences have aligned with consumer-grade standards. However, many enterprises still rely on manual credit reviews and rigid payment terms, creating transaction friction and the risk of customer churn. Drawing on data from Deloitte and McKinsey, as well as observations from Craig Lenders, Director of Product Management at Capital One Trade Credit, this article analyzes the true costs of traditional AR processes and explains how automated systems achieve dual improvements in efficiency and experience across credit decisions, multi-channel servicing, and dispute resolution.

Delta Cargo launches DeliverDirect, the first end-to-end door-to-door small parcel shipping solution among U.S. passenger airlines, utilizing Delta's over 2,500 daily domestic flights combined with SmartKargo technology to offer flexible options from next-day to five-day delivery, featuring real-time tracking and photo proof of delivery, to address industry challenges such as rising labor costs and volume fluctuations.

With the proliferation of AI and deepfake technology, financial fraud cases have surged, placing unprecedented pressure on corporate CFOs. This article analyzes major threats such as invoice fraud, business email compromise, and fake vendors, and points out that AP automation, powered by AI-driven anomaly detection, role-based access controls, and full-process audit trails, can effectively identify and prevent fraud while reducing human errors, empowering finance teams to focus on strategic growth.

The Washington State Board of Accountancy has adopted new rules allowing candidates to obtain a CPA license by substituting a bachelor's degree plus two years of work experience for the 150-credit requirement. The change is expected to take effect as early as next month (31 days after the rules are submitted), making Washington at least the 23rd state to relax this requirement.

Rivian Automotive announced on Thursday that it has agreed to pay $250 million to settle a class action lawsuit. The lawsuit alleged that it made false statements regarding material facts related to vehicle pricing during its IPO in 2021. The payment will be made through a combination of directors' and officers' liability insurance ($67 million) and cash on hand ($183 million). The company denied the allegations, stating that the settlement is not an admission of fault and is aimed at concentrating resources on the launch of the R2 model in the first half of 2026.

Data from the U.S. Bureau of Labor Statistics showed that the consumer price index rose 3% year-on-year in September, slightly higher than August but below expectations. Core CPI was also 3%. The market expects the Fed to cut interest rates by 25 basis points at both the October 29 and December meetings. Tariffs continue to push up core goods prices, while the slowdown in housing cost increases stands out as a positive.

The Tax Foundation's latest report shows that tariffs imposed by the Trump administration this year have pushed retail prices up by 4.9 percentage points, with imported goods costs rising by 6 percentage points and domestic goods costs by 4.3 percentage points. The report cites research by Harvard economists published this month and quotes the foundation's senior economist Alex Durante, countering the administration's claim that consumers have not borne the burden of the tariffs.

An analysis by business software provider Certinia of publicly traded professional services companies found a strong correlation between customer success strategies and stock price increases following quarterly earnings. Mentions in 2023 earnings calls rose significantly, with an increased share of non-SaaS companies.