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Industry Dive has expanded its self-service offerings with a new event promotion tool, enabling companies to distribute event details across its 37 publications. The tool supports conferences, trade shows, webinars, and virtual events, with features for scheduling and visibility in sidebars, dedicated event pages, and daily newsletters. VP of Product Megan McCoskey highlighted the company's commitment to empowering business professionals.
Fin+AI 2024, the premier conference at the intersection of financial technology and artificial intelligence, has announced its second wave of speakers. The event, scheduled for October 2-4, 2024, at Le Méridien in Dania Beach, Florida, will feature industry leaders from organizations including JPMorgan Chase, Visa, Citi, PayPal, and the U.S. Chamber of Commerce. The conference will address key topics such as risk management, fraud prevention, AI-driven personalization, and the future of wealth management.
DeshCap has officially entered the U.S. market, positioning itself as an independent commercial insurance advisor separate from insurance brokers. According to its released data, in the second quarter of 2024, online inquiries from U.S. management for independent commercial insurance advisors increased by 35% year-over-year, and the U.S. ranked among the top five globally in inquiry volumes related to operational risk, liability risk, and employee fraud risk. DeshCap offers services such as policy wording optimization, compliance enhancement, and cost reduction, and supports retaining existing brokers or switching through an RFP process.
The 2024 CFO survey jointly released by Tipalti and CFO Dive shows that 60% of financial executives believe their organizations are ready to implement AI tools, but only 35% actually use AI in finance functions. 72% of respondents reported facing resource constraints in 2024, and 84% believe manual tasks still consume too much time. The report emphasizes that CFOs adopting a value-creation mindset are more likely to achieve organizational goals.
Centime, a cash management platform, has integrated with American Express via the Sync Commercial Partner Program. This collaboration allows businesses to generate virtual cards for B2B vendor payments, optimize cash flow, and earn rewards on eligible cards. The integration enhances payment control and visibility for users.
Personiv released its CFO Pulse report on August 6, 2024, indicating that the accounting talent shortage continues to worsen, with 83% of senior leaders acknowledging the shortage (up from 70% in 2022). The report is based on a survey of 278 U.S. finance and accounting leaders across more than 20 industries and explores coping strategies such as outsourcing and AI adoption.
Fintech company Marco recently approved factoring credit lines for three Canadian HR services firms, one of which increased its line from $500,000 to $1.1 million, helping them optimize cash flow and scale operations.
Trintech announced record bookings in the second quarter of 2024, with approximately 20% year-over-year growth in the first half. By integrating Frontier and Accurate, enhancing AI capabilities, launching new Cadency features, and winning multiple new global customers, the company further solidified its leadership in financial reconciliation and close software.
Quadrant Knowledge Solutions has recognized Trintech as a 2024 technology leader in its SPARK Matrix™ for Financial Close Management (FCM). The evaluation highlights Trintech's Adra and Cadency platforms, which leverage automation and AI to streamline financial close processes. The report also underscores Trintech's strong customer impact and technology excellence, as noted by industry analysts and company leadership.
On September 11, 2024, Trintech announced it became a Workday Innovation Partner and achieved the Workday Packaged Solutions badge. The partnership will simplify the integration between Workday Financial Management and Trintech's financial close solutions, helping finance teams automate transaction matching, shorten close cycles, and reduce risk.