Companies are pouring more money into private jets, personal drivers, home surveillance and cyber defenses to protect senior leaders. But few can say exactly how much risk that spending removes. Between 2023 and 2024, for example, Intel Corporation expanded its security spending by over 8,000%,...
Watch more: Need to Know With Maverick Payments’ Barry Prentice Underwriting serves as a safeguard against financial, operational and regulatory exposure, yet it can also become a bottleneck when businesses don’t fit neatly into established categories. That tension is becoming more pronounced as merchants adopt...
Even with all the innovation seen lately in the banking, payments and digital economy sectors, new business models are hard to come by. Features and slight tweaks? The industry builds on them every day. That’s why when real-time data and cloud analytics are giving merchants...
Financial industry executives believe that companies have little choice but to use artificial intelligence (AI) to navigate today’s increasingly complex regulatory environment and faster product development cycles. “In 2025, there is pretty much no compliance without AI, because compliance became exponentially harder,” said Alexander Statnikov,...
As financial services become more interconnected and technology-driven, the role and impact of the chief risk officer (CRO) is evolving dramatically. “The speed of change is what stands out the most,” Regina Lewie, SVP and CRO at Corporate One Federal Credit Union, told PYMNTS. “Risk...
Risk management has been a longstanding principle in payments and commerce. Identifying risks, and being able to avoid them, is key to accelerating growth. And as businesses rely on digital payments, the role of the chief information security officer (CISO) has become central to protecting...
At a time of higher interest rates and heightened market volatility, actionable insights and forecasting take on greater importance for corporate treasury teams. For example, better cash flow prediction can allow treasurers to manage liquidity more tightly, minimizing financing costs. However, the wealth of data...
To manage a balance sheet is to protect the heart of any company. Doing so effectively is never more critical than when the economic environment is in flux. The essential strategic importance of a strong treasury operation stays the same, even throughout the tumult. The...
PYMNTS asked business leaders for their take on how to plan for the rest of 2023 and what they are telling their teams to focus on. Mesh Payments CFO Anna King says CFOs don’t have the luxury of assuming the current company spend is the best...