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2 days ago |
accountancyage.com | Marina Mouka
HMRC has lost £47m to a sophisticated phishing fraud that saw organised criminals exploit stolen personal data to create or hijack around 100,000 PAYE accounts, senior officials told the Treasury Select Committee this week. According to the tax authority, the scam, which began last year, targeted approximately 0.2% of the UK’s PAYE population.
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2 days ago |
the-cfo.io | Marina Mouka
The final day of Money20/20 Europe 2025 didn’t fade out quietly. The final sessions stripped away hype to reveal what fintech leaders actually plan to do next. And The CFO was right there on stage to ask the hard questions.
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3 days ago |
bobsguide.com | Marina Mouka
Artificial Intelligence (AI) is rapidly reshaping the financial landscape, and its impact on cybersecurity is nothing short of transformative. For financial institutions and fintech firms, AI presents a powerful arsenal of tools to combat increasingly sophisticated cyber threats. However, this same technology in the hands of malicious actors creates new avenues for attack, making it a true double-edged sword.
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3 days ago |
accountancyage.com | Marina Mouka
New research from FreeAgent suggests bureaucracy is still biting down hard on the UK’s small business sector — with almost one in five SMEs (18%) citing government regulations as a key barrier to growth. Despite repeated ministerial pledges to “cut red tape” and reduce burdens on enterprise, a significant portion of the UK’s small business community continues to struggle with compliance requirements and complex reporting obligations.
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3 days ago |
accountancyage.com | Marina Mouka
We all have our time-honoured habits. The repeated actions or behaviours that can be good – a daily walk or morning meditation – or not-so-good – doom scrolling news feeds immediately after waking, say, or that delicious doughnut with your morning coffee. After a few months, these habits may become so ingrained that we do them almost without thinking. The accounting industry is no different.
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3 days ago |
the-cfo.io | Marina Mouka
By mid-morning on Day 2 at Money20/20 Europe, it was hard not to overhear a recurring refrain in the RAI Centre’s corridors: “If the rails don’t hold, nothing else matters.” From Monzo’s CEO TS Anil detailing why his bank built every line of code in-house, to Adobe’s Matt Wegner warning that no payment method survives without subscription-ready plumbing, and LexisNexis’s Rocio Suarez cautioning that instant transfers only heighten money-laundering risks, the day’s discussions left no room for...
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4 days ago |
accountancyage.com | Marina Mouka
As businesses scale, their financial operations, particularly accounts payable, must evolve to keep pace with growth. Manual processes can quickly become bottlenecks that stall payments, frustrate suppliers, and reduce financial visibility. For AP departments, this means handling more invoices, navigating more complex approval processes, and implementing tighter controls, all without needing to add staff or compromise precision.
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4 days ago |
the-cfo.io | Marina Mouka
Day One at Money 20/20 Europe 2025 opened with the usual constellation of logos, but the conversation landed on ground every finance leader knows by heart: Can we trust it? Can we audit it? And does it move the P&L? Across many headline sessions, chats, and interviews, three themes kept surfacing: infrastructure before innovation, AI as a measurable co-pilot (not a magic wand), and an urgent push to de-risk cross-border cashflow.
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5 days ago |
the-cfo.io | Marina Mouka
AI usage in the workplace has reached new heights, with a surge in adoption across industries like accounting, consulting, finance, and legal, according to Intapp’s 2025 Technology Perceptions Survey. The survey, which gathered data from over 800 fee earners across the U.S. and U.K., reveals that the use of AI tools has become widespread, with professionals citing increased productivity, creativity, and growth as the primary benefits.
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5 days ago |
accountancyage.com | Marina Mouka
As with many industries, the pharmaceutical and life sciences sector is embracing artificial intelligence (AI) to drive transformation. The sector is using the technology to reshape drug development, improve organisational processes, support R&D and more. Indeed, just last month GSK announced it was employing AI to improve its productivity as a means of compensating for the potential financial hit from US tariffs.