Technology

Technology
PayPal Resolves 2-Hour Global Outage Affecting Multiple Products
November 21, 2024

PayPal experienced a global outage that affected multiple products for about two hours Thursday (Nov. 21). The incident lasted from 10:53 UTC to 12:59 UTC Thursday, the company said on its status page. The outage affected account withdrawals, express checkout, cryptocurrency, the receive money function...

Technology
Google and Nvidia Team Up on Quantum Computer Development
November 18, 2024

Google Quantum AI is using the Nvidia CUDA-Q platform and the Nvidia Eos supercomputer to help develop its next-generation quantum computing devices. The firm is using the platform to simulate the physics of its quantum processors as it works to overcome “noise” — a limitation of...

Technology
The Rising Stakes of Reliable Payments: How Testing Powers Technology
October 28, 2024

In the financial world, nothing is more critical than getting payments right. A simple error or untested integration can turn transactions into a logistical nightmare. In a global economy where delays mean dollars lost, payment testing becomes a critical function. “Typically, 2 in 10 digital...

Technology
Tech Sector Cash Flows Hampered by Keeping Treasurers in the Dark
October 15, 2024

Technology industry treasurers face different challenges than their peers in other sectors. For example, only 50% report having strong influence in decision-making, far below other sectors like consumer goods. Their limited involvement affects key financial outcomes, such as cash flow predictability and revenue optimism. Tech...

Technology
From Outdated to Automated: UK Eyes Massive Healthcare Transformation
September 26, 2024

What is necessary for organizational success isn’t always easy. And as the U.K. National Health Service’s (NHS) recent 2.5 billion pound procurement request for its Digital Workplace Solutions 2 mega-framework shows, doing what’s necessary to bring critical infrastructure into the 21st century isn’t always cheap, either....

Technology
BofA: Tech Turns Global Trade’s Paper Jams Into Payment Streams
September 26, 2024

Global trade, at its heart, is about receivables. One company owes another for the goods or services it has purchased. While that may sound simple enough, businesses engaged in international trade contend with a range of factors, from geopolitical risks to environmental hazards, that can...

Technology
J.P. Morgan Execs: GenAI and Real-Time Data Expand Treasurer’s Toolkit
September 19, 2024

Data. Generative artificial intelligence. Regulations. Cash forecasting. If you recognized the chief financial officer in that series, you’re not wrong. If you saw the new world of the CFO as well as the corporate treasurer, go to the head of the class. The only thing...

Technology
Human-I-T Aims to Redefine Digital Equity and Internet Access
September 10, 2024

Innovation is the key theme surrounding Human-I-T, which uses technology and resources to support underserved communities. One of the overarching missions for the Bell, California-based nonprofit company is to help communities in need of internet access, since 25% of American children don’t have internet access...

Technology
Draghi Report Says EU Faces ‘Existential’ Competitive Challenge for Tech Investment
September 09, 2024

A new report published Monday (Sept. 9), which was spearheaded by former European Central Bank President Mario Draghi, paints a stark picture of the European Union’s declining competitiveness and calls for urgent action to close a widening innovation gap with global rivals. The study, titled...