Tech News: Puzzle announces AI Suite for month-end close
Puzzle announces AI Suite for month-end close; MyCPE One announces CPE Wallet for automating CPE management; Sam’s List rolls out Concierge Launch; and other accounting tech news and updates.
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ACCA President Melanie Proffitt on the future of global accounting
Listen to the article 9 min This audio is auto-generated. Please let us know if you have feedback. The accounting profession is changing across the globe at a rapid pace, from the way young professionals enter the field to how firms are preparing for an AI-driven future. Melanie Proffitt is helping lead that conversation. Since…
OCC approves Brazilian banking giant in U.S.
Key insight: Brazil-based Itaú Bank, Latin America’s largest bank, was granted a charter to operate in the United States by the Office of the Comptroller of the Currency Aug. 14. The approval was announced Friday afternoon. Forward look: Itaú’s U.S. subsidiary plans to serve high- and ultra-high-net-worth customers with connections to Brazil and Latin America…
DBS, Samsung Securities forge wealth tie-up in Asia
From left: Samsung Securities president and CEO Park Jong-moon and DBS CEO Tan Su Shan. Credit: DBS/ Samsung Securities. DBS and Samsung Securities have entered a memorandum of understanding (MOU) on a wealth management partnership aimed at clients across Asia. The arrangement links Samsung Securities’ role in South Korea’s capital markets with DBS’s wealth management platform, increasing the range…
JPMorgan Just Announced a Huge Price Target for This Tech Stock
Sandisk (SNDK +1.80%) has soared more than 600% so far this year. But it may go even higher. Late last week, Harlan Sur, JPMorgan Chase‘s tech stock analyst, reinstated coverage of the memory supplier with an overweight rating and a $2,250 price target. With the stock currently trading around $1,786, that would represent a 26%…
ECB to integrate non-financial credit claim portfolios into general collateral framework, phasing out temporary measures
25 June 2026 Portfolios of non-financial corporate credit claims to be integrated into general collateral framework Implementation planned for November 2027 at the earliest Changes are final step in discontinuing temporary crisis-era collateral easing measures The Governing Council of the European Central Bank (ECB) has decided today on the eligibility criteria and risk control framework…
Next Week’s Earnings Calendar: Focus Shifts Beyond Big Tech
This week’s earnings season was dominated by the technology heavyweights. Microsoft delivered standout results that reignited enthusiasm around AI spending, while Amazon also impressed with strong cloud and advertising growth. Apple topped earnings estimates but offered a cautious outlook that weighed on the shares, and Meta came under pressure as investors remained concerned about the…
