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What is TRACE Reporting? (Part 1 of 6)

Perficient

debt market, the Financial Industry Regulatory Authority (FINRA) developed the Trade Reporting and Compliance Engine (TRACE) in 2002 to facilitate the mandatory reporting of OTC bond transactions in eligible fixed-income securities. To promote transparency in the large U.S.

Report 294
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Zycus Expands Procure-To-Pay Automation With AI

PYMNTS

Zycus , which provides a comprehensive, end-to-end source-to-pay software suite in which it uses artificial intelligence (AI) technology, now has a new series of BOTs from its Zycus Merlin AI Suite, according to a press release. Zycus has been working in AI technology for over 20 years, and its first patent was filed in 2002 using the tech.

Training 243
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Wirecard’s Former CEO Markus Braun Arrested

PYMNTS

The 50-year-old executive faces charges of accounting fraud and market manipulation designed to artificially inflate the financial technology company’s balance sheet to make it look more appealing to investors and customers, the Financial Times reported. billion euros ($2.1 billion), prosecutors confirmed on Tuesday. billion euros ($2.1

Fraud 318
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Mastercard, Rockefeller Foundation Launch Online Data Platform For Non-Profits

PYMNTS

They intend to build on the legacy of the original DATA.org website—launched in 2002. We must make sure that even as people have unprecedented access to technology, we don’t allow a new digital divide to emerge.”.

Data 199
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PayU Taps Feedzai To Protect Its LATAM Payment Networks

PYMNTS

The move comes after a successful initial launch of the new system in Europe, the Middle East and Africa by PayU, which was founded in the Netherlands in 2002. PayU’s various online platforms currently process over 6 million transactions “and generate billions of data points” daily, Tomso said in the press release announcing the move.

Payments 131
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IBM Chief To Exit Role After Sluggish Growth

PYMNTS

From there, she made a mark on the company when she led the integration of PricewaterhouseCoopers LLC as a consulting arm in 2002. The appointment of Krishna highlights how much reliance IBM is placing on emergent cloud technology. IBM bought the company for $3.5 Following the announcement of her departure, IBM shares rose 3 percent.

Chicago 141
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Accounting Background No Longer Needed For CFO Jobs

PYMNTS

After the 2002 Sarbanes-Oxley Act, companies would pick chief accounting officers as finance chiefs. That work is also changing as technology takes accountants from number-crunchers to strategic advisors. That number is down from 46 percent in 2014, according to figures by organizational consulting firm Korn Ferry.

Strategy 144