Pictet’s global multi-asset fund triples to $5 billion on China inflows

It’s a truism in business that the CFO’s mandate only moves in one direction: It expands over time. A CFO’s responsibilities rarely recede; they simply continue to grow. That is partly a reflection of the fact that financial services has become a larger component of the U.S.  economy, but it also reflects the growing influence…

Big Four firm KPMG announced a strategic alliance with OpenAI, the company behind ChatGPT, to develop and deploy AI solutions that reflect a new vision for enterprise software in the modern era for both staff and customers, beginning with joint development of a supply chain and fulfillment solutions platform.  Processing Content The two companies will…

Buy now, pay later brought another credit option to stressed budgets, with a model that typically settles an installment loan in four consecutive monthly payments. With a relatively low threshold for credit underwriting, BNPL has become a significant lending vehicle. The Federal Reserve estimates the market at $160 billion per year, according to the New…

Payments used to be a distinct step in a transaction. Increasingly, they’re just another feature of the software people already use. As payment capabilities have become embedded in everything from point-of-sale systems to ERP platforms and digital wallets, they’ve faded into the background while enabling entirely new business models—from self-service checkout and subscriptions to, potentially,…

Listen to the article 10 min This audio is auto-generated. Please let us know if you have feedback. “Quite literally, what these AI tools are doing today is what I did for the first 10 years of my career.” That’s how Teikametrics CFO Brian Beaupre describes the rapid evolution of the use of artificial intelligence…