Finance Friday – 2/14/2014
This week saw CEOs investing in talent, big companies closing books more quickly, Bitcoin further making it’s way into businesses, and CFOs considering data and security.
U.S. banks need to make a greater effort to capitalize on their small business customers’ appetite for mobile banking services, according to research by Aite Group. This will involve providing their clients with business-specific mobile banking offerings instead of rebranded consumer mobile banking services, the U.S. consultancy says. (via Mobile Payments Today)
CEOs of private companies across the U.S. are more optimistic about the economy in 2014 than a year ago, bolstering hiring and expansion plans, according to the annual Private Company Trendsetter Barometer recently released by PricewaterhouseCoopers U.S. (via BizJournals)
Closing the books at the end of the quarter may actually be easier for bigger companies with larger revenue streams than their smaller counterparts, according to a survey by Trintech, a financial software firm. That gap could reflect both the more sophisticated accounting systems that big companies can afford as well as the talent that they’re able to attract. (via CFO Journal)
Every couple weeks a new group of mainstream merchants and payments providers begins accepting Bitcoin, the popular and often controversial digital currency. (via PaymentsSource)
A mobile payments startup aims to launch a new kind of ATM juggernaut in the U.S., one that will dispense funds from the cash-filled tills of hotels — and perhaps eventually restaurants and retail stores as well. (via Mobile Payments Today)
The recent incidents reported at Target and Snapchat (and with 2013 reportedly the worst year yet for overall consumer-data security breaches) it’s worth reviewing where we are with information security and what the CFO should be asking the chief information officer (and chief information security officer, if the business has one) regarding their plans for 2014 and beyond. (via CFO.com)← Back to Invoice-to-Blog