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Hum!

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp

https://techcrunch.com/2024/05..../28/felix-pago-raise

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp | TechCrunch
techcrunch.com

Félix Pago raises $15.5 million to help Latino workers send money home via WhatsApp | TechCrunch

Remittances from workers in the U.S. to their families and friends in Latin America amounted to $155 billion in 2023. With such a huge opportunity, banks, money transfer companies, retailers, and fintechs are all trying make transfers more convenient
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More neobanks are becoming mobile networks — and Nubank wants a piece of the action

https://techcrunch.com/2024/05..../28/more-neobanks-ar

More neobanks are becoming mobile networks — and Nubank wants a piece of the action | TechCrunch
techcrunch.com

More neobanks are becoming mobile networks — and Nubank wants a piece of the action | TechCrunch

Nubank is taking its first steps into the mobile network realm, a trend that is spreading across the fintech fraternity.
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Mise en garde contre le géant chinois: fraudés après avoir acheté sur le site Temu

[...]Plusieurs clients dénoncent des transactions non autorisées sur leur carte de crédit[...]

https://www.journaldemontreal.....com/2024/05/27/mise-

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Cristiano Ronaldo Teams Up with Binance for New NFT Collection Despite Ongoing Legal Battle

https://cryptonews.com/news/cr....istiano-ronaldo-team

Cristiano Ronaldo Teams Up with Binance for New NFT Collection Despite Ongoing Legal Battle
cryptonews.com

Cristiano Ronaldo Teams Up with Binance for New NFT Collection Despite Ongoing Legal Battle

Renowned Portuguese footballer Cristiano Ronaldo has revealed his collaboration with Binance for the launch of his fourth NFT collection.
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Open banking: How to opt in - and out - of the new payment system

https://www.rnz.co.nz/news/bus....iness/517885/open-ba

Open banking: How to opt in - and out - of the new payment system | RNZ News

NZ's four major banks will soon provide open banking - a new way to pay and track funds. Here's how it works.
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How Shein and Temu Snuck Up on Amazon

[...]Over the last few years, two Chinese-owned e-commerce platforms — Shein and Temu — have quietly become some of the most popular shopping websites in the U.S. Shein specializes in low-end women’s fashion, while Temu focuses on home decor and household items — the same type of affordable, made-in-China products that many American consumers have come to associate with Amazon.[...]

https://finance.yahoo.com/news..../shein-temu-snuck-am

How Shein and Temu Snuck Up on Amazon

The Chinese-owned platforms represent the biggest threat to its e-commerce empire in recent memory. The post How Shein and Temu Snuck Up on Amazon appeared first on TheWrap.

The 25 Responsibilities of the CFO Office

The CFO is responsible for managing your company's:
↳ Financial operations
↳ Financial strategy

It is a demanding role overseeing:

↳ Controllership
↳ Treasury
↳ FP&A

Here are 25 responsibilities of the CFO office you should know:

⚫ Controllership:

1// Financial reporting >> ensure compliance with accounting standards

2// Internal controls >> safeguard data integrity and regulatory compliance

3// Tax compliance >> handle tax planning and regulatory filings

4// Audit Management >> coordinate with external accountants for efficient audits

5// Accounts payable and receivable >> manage timely processing and compliance

6// Payroll and benefits

7// Cost accounting >> support decision-making through cost analysis

8// FIS >> maintain accurate general ledger entries and reconciliations

⚫ Treasury:

9// Cash management >> ensure liquidity for operations and strategic initiatives

10// Risk management >> manage financial risks including FX and interest rate risks

11// Capital structure management >> optimize cost of capital and financial flexibility

12// Investments >> manage risk and return alignment

13// Banking relationships >> maintain strong institutional relationships

14// Financial covenant compliance >> ensure adherence to credit agreements

15// FX management >> mitigate foreign currency exposure

16// Debt management >> handle debt operations and compliance

⚫ Financial Planning and Analysis (FP&A):

17// Budgeting and forecasting >> guide annual budgeting and rolling forecasts

18// Scenario planning >> prepare long-term plans for future scenarios

19// Performance management >> track financial and non-financial KPIs

20// Financial analysis >> utilize dashboards and KPIs to optimize performance

21// Business planning >> align company's strategic plan with financial goals

22// Capital budgeting >> manage long-term investment planning

23// Profitability analysis >> enhance profitability through detailed analysis

24// Management decision support

⚫ Additional specialized responsibilities and CFO Office functions:

25// Strategic Finance

↳ Mergers and acquisitions (M&A) >> handle M&A transactions effectively
↳ Investor relations >> maintain clear communication with stakeholders
↳ Investment analysis
↳ Strategy & Planning >> develop and implement strategic plans

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L’Arabie saoudite réduit The Line de 98 %

https://www.journaldugeek.com/....2024/05/25/larabie-s

L'Arabie saoudite réduit The Line de 98 %
www.journaldugeek.com

L'Arabie saoudite réduit The Line de 98 %

L'Arabie saoudite a réduit la voilure de The Line, une mégapole de 500 mètres de hauteur et de 170 km de long, censée abriter 1,5 million d'habitants. Le projet ne mesurera finalement que… 2,4 km de long !