All technology articles
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News BriefEx-Outcome Health execs sentenced for overbilled ad revenue, misleading auditor
Three former executives of Chicago-based Outcome Health, a healthcare technology company, were sentenced for misleading an auditor, clients, lenders, and investors about a scheme to sell $45 million in overbilled advertisements.
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PremiumHow fintechs can overcome major compliance hurdles in embedded finance
Margaret Holmes Tibbets, chief compliance officer at financial technology company Pipe, explains how firms are facing an existential compliance crisis, and to survive they’ll need to overcome not one but two hurdles.
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ResourceWhite paper: How technology can power proactive risk management
Money laundering, cybercrime, corruption, trafficking: These are just a few of the many illegal activities that could be putting your business at risk, especially if you’re using outdated, manual processes.
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ResourceWhite paper: AI-enabled real-time T&E audit analytics to drive compliance and reduce spends
Your company may be spending less on travel and entertainment expenses, but the risk of fraud and regulatory non-compliance is spiking. Without proper safeguards in place to manage T&E spend – a major operating expense – companies face costly consequences.
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ArticleRegulators challenged by same tech advances that could benefit them
A new report by Deloitte looks at how regulators can leverage new technologies to increase their efficiency and effectiveness, all while reducing business compliance costs.
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Blog
ISACA issues COBIT 2019 to help reboot IT governance
ISACA has updated its COBIT framework and issued some accompanying guidance to help companies refresh their information and technology governance.
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Article
Cigna, Wells Fargo describe journey to high-tech ICFR
Technology is permeating internal control over financial reporting, and one of its pioneers says the transition is possible even without a tech background.
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Blog
Apple CEO pushes for U.S.-style GDPR, bashes those who ‘put profits over privacy’
Apple CEO Tim Cook voiced his support for the EU’s General Data Protection Regulation and advocated for a similar U.S. mandate based on four “essential rights.”
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Blog
SEC releases new, four-year strategic plan
The SEC has released a new strategic plan that is intended to guide the agency’s work over the next four years “with a primary focus on investors, innovation, and performance.”
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Blog
Internal audit lags business in RPA adoption, poll says
Business operations may be adopting robotic process automation technology at a faster clip than internal auditors, a new poll suggests.
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Article
FTC urges a ‘rethink’ of data privacy at hearing
Amid consideration of building upon the FTC’s role in policing consumer privacy, the agency held a roundtable to discuss current rules and enforcement challenges.
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Blog
Tax functions need high-tech tools, KPMG outlook says
Tax departments need to tool up to be ready for the kinds of tax planning that will occur in the coming 12 months, especially under tax reform, survey says.
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Article
Vocabulary to add to your compliance lexicon
A quick look at of some of the terminology associated with emerging technology and its application to governance, risk, and compliance. Instead of organizing this glossary alphabetically, we’ve started with the simplest terms before moving to more complex ones.
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BlogSurvey: How are you choosing and using new GRC technology?
Compliance Week is conducting a short survey of GRC professionals to find out the challenges you face in selecting the right technology solution for your organization. If you participate, we will send you at no cost our “Practical Guide to Compliance Technology” special report.
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Article
When robots report to compliance
Adopting new technologies is critical for any compliance or audit department, but it’s equally important to choose the right technologies and implementations. The experts at CW’s recent innovation summit have some helpful advice.
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Blog
‘Totally Shambolic’ IT migration
TSB bank, formerly Britain’s most recommended high street bank, has fallen into disgrace, primarily for recent noteworthy mishaps surrounding a technology migration.
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Blog
Coalition forms to wrestle blockchain accounting issues
Accounting and tax professionals have formed a grassroots coalition to get their arms around blockchain and what it will mean for accounting and audit.
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ArticleInternal auditors hear call to innovate, take up technology
The newest intelligence is calling on audit leaders to embrace their new normal—that nothing is normal—and innovate with technology to face it.
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Blog
PwC internal audit study centers on need for innovation
Technology and innovation should be a priority for internal auditors, in terms of both the risks it produces and how auditors use it to address risks.
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Article
FCA calls for technology for ‘smarter’ regulatory reporting
In a bid to cut down on firms’ “burdensome” reporting woes while easing its own workload to review such reporting, the Financial Conduct Authority is seeking input on how technology could make regulatory reporting simpler and more consistent.