Latest news with #CFOs
Yahoo
2 days ago
- Business
- Yahoo
AI in financial services: The buzz, the boom, and the blind spots in security
AI is no longer a novelty within financial services. Those early, heady days are over, almost as quickly as they began. Across the financial sector, AI has transitioned to a must-have within operations, adopted by major institutions eager to integrate it ever deeper into their systems. 'AI-native' platforms and 'AI-powered' solutions abound, all promising transformative efficiencies. It seems that every major tech announcement, whether or not it's related to finance, is about AI. At Money20/20 in June, Microsoft showcased a mind-boggling installation of turnkey AI infrastructure solutions for financial institutions. As Microsoft moves in this direction, it's likely that customers will follow. The conversation is pivoting from isolated AI pilots to enterprise-scale AI deployments that underpin fraud detection, liquidity forecasting, and credit scoring, amongst many others. AI innovation arms race The buzz and enterprise-size appetites have set off an arms race. Visa and Mastercard are moving rapidly into agentic AI commerce, accelerating development of systems where bots, not humans, initiate and complete financial transactions. PayPal (unsurprisingly) is too. An era of machine-to-machine financial decision-making is taking shape under our feet. More adaptable and faster than traditional approaches, AI-powered payment operations have proven successful enough that recent surveys found nearly two-thirds of CFOs now consider AI essential to payment operations. Amid all this innovation, one critical question remains worryingly unaddressed: How secure are these AI systems? As one neobank CEO I met put it: 'AI isn't really the core concern when it comes to security from a client's perspective. Clients care that their money is safe, which comes down to strong cryptography and secure systems.' This surprised me, given some of the other conversations I've recently had, which point towards this being a perspective that banks no longer have the luxury of maintaining. Cryptography, to be sure, hasn't stopped being essential. Strong encryption protects data at rest and in transit. It does not, however, account for the logic engines that make decisions about fund transfers, loan approvals, or compliance flags. It can't automatically catch and counter fraudsters using generative AI, deepfakes, and voice cloning to evade detection. In an agentic system, risk is not just about someone intercepting the data. Risk also comes from incorrect or manipulated decision-making, especially when systems interpret and act on ambiguous or adversarial inputs. Security is now a question of behaviour AI systems don't operate like traditional software. In our research lab, we refer to this as the 'security gene.' Just as biological systems can carry hidden traits, AI models develop behavioural patterns during training that do not appear in code reviews and only become visible in specific runtime scenarios. Consider a chatbot embedded in a financial services platform, configured specifically to avoid discussing competitors. If the model was trained on internal documents that contain competitive analysis, an attacker could compromise this configuration and manipulate the prompt to surface that information anyway. This form of leakage does not require a code-level exploit, just clever linguistic framing. We tested this in a recent exercise. By gradually building rapport with a sales assistant chatbot, the model was persuaded to recommend a rival product. This wasn't a technical failing of the guardrails, just an instance in which the AI interpreted empathy as the higher priority. It acted as it was trained to—helpfully, not defensively. AI systems as attack gateway In more serious scenarios, the attack paths become clearer and more dangerous. In another test, we simulated a database (SQL) injection through a chatbot interface. In summary, after probing the chatbot, we inferred that there was a backend database. We inserted obfuscated SQL commands into messages, identified the database and then exploited poor input handling to trigger unauthorised queries. These are not theoretical risks. If left untested, these technical vulnerabilities won't remain isolated. They'll manifest as broader organisational risks that span beyond the engineering domain. When viewed through the lens of operational impact, the consequences of insufficient AI security testing map directly to failures in safety, security, and business operations. Safety risks occur when AI systems produce outputs that are inaccurate, harmful, or misaligned with intent. This can result in reputational damage, especially in customer-facing environments or regulatory contexts. Security risks arise from direct exploitation. This includes prompt manipulation, unauthorised access via plugins, or data leakage through context persistence. Such vulnerabilities often exploit the model's design logic, token handling, or interface assumptions. Business risks emerge when AI systems do not meet operational or compliance standards. These failures can lead to regulatory penalties, service disruptions, or unanticipated costs. When AI systems are deployed without proper assurance processes, particularly within automated decision-making workflows, these risks increase significantly. Why traditional security tools fall short Many AI vulnerabilities stem from factors that static code analysis and conventional scanners aren't designed to detect. They arise from model behaviour, integration errors, or live context manipulation. The AI stack has moved beyond what current AppSec practices were designed to manage. Approaching AI testing as if it were a code library inevitably produces blind spots. Some vulnerabilities surface only during live interactions with user input. Others emerge through interconnected systems, such as plugins or document retrievers, where privilege escalation can occur. Data privacy issues often stem from memory features or context retention. These factors cannot be audited effectively unless systems are tested under realistic traffic and adversarial pressure. These technical issues carry strategic implications. A chatbot revealing proprietary pricing models is tantamount to a governance failure. If an autonomous agent incorrectly approves a loan due to poisoned input, it opens the door to a regulatory breach. The risks migrate from engineering teams to the executive suite. Regulators are beginning to respond. The Bank of England has flagged concerns about the use of autonomous AI in trading. If systems behave in synchronised or manipulated ways, volatility and systemic risk can follow. At the European level, new rules will soon require evidence of safety testing and compliance monitoring for high-risk AI. Third-party AI doesn't transfer accountability It's tempting to assume that using AI services or agents from a reputable foundational model provider comes with built-in security. But just as cloud service providers (CSPs) don't guarantee the security of the applications you build on their platforms, foundational model providers don't assume liability for how their AI is used—or misused—in your environment. The responsibility for security, compliance, and reputation always rests with the organisation that deploys the AI. We've already seen what happens when companies try to shift the blame. Not too long ago, Air Canada was forced to honour a refund policy 'invented' by its AI-powered customer support chatbot, which promised a $1 fare adjustment that didn't exist. The airline attempted to argue that the AI made the error—but the court rejected that defence, holding Air Canada responsible for the system it deployed. The same applies in finance. If an AI agent incorrectly recommends a loan product or leaks sensitive pricing data, it's not the model provider that regulators or customers will hold accountable. It's the institution that integrated and deployed the system. Financial firms must treat third-party AI the same way they treat any external code dependency: with rigorous testing, continuous validation, and clear governance. Guardrails alone do not provide assurance Some security leaders rely on guardrails to contain model behaviour. These can serve as a first line of defence but are just as easily bypassed using adaptive or iterative prompts. This isn't a failure of sophistication but a question of whether the model prioritises helpfulness over restriction. Financial services have always depended on trust, and now this trust must extend to the AI systems managing core operations. Models must not only perform well during training. Their operational behaviour must be observable, testable, and explainable. Institutions need AI-specific security practices that match the complexity of the systems they now depend on. Adversarial testing, integration-layer simulations, and runtime observability must be embedded into deployment pipelines. AI security practices must become part of core engineering and risk governance in the same way DevSecOps practices became essential to software resilience. The significant benefits AI introduces hinge on control. Without a clear understanding of how AI behaves in dynamic environments, organisations increase their exposure to silent failures. These failures do not always announce themselves through alerts. They often begin virtually undetected, surfacing only when consequences can no longer be avoided. Speed isn't everything. The financial institutions that lead in the next phase won't be those that adopt AI the fastest but those that implement it securely, with accountability and clarity at every step. Steve Street is COO and co-founder of Mindgard "AI in financial services: The buzz, the boom, and the blind spots in security" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 days ago
- Business
- Yahoo
Pay raises plateau: Companies hold steady on salary budgets for 2026
Good morning. Salary increases for employees are expected to remain similar next year amid a flatter, but potentially volatile, economic outlook. For U.S. companies, the average salary increase budget is projected to hold steady at 3.5% in 2026, matching the actual increases seen in 2025, according to the Salary Budget Planning Report by Willis Towers Watson (WTW). About 31% of respondents plan to lower their salary increase budgets compared to last year, mainly due to concerns about a possible recession, weaker financial performance, and the need for tighter cost control. In contrast, the few organizations planning to raise their budgets cite a competitive labor market and inflationary pressures as key reasons. The global survey, conducted from April to June, included responses from 1,569 U.S. organizations. Employers are no longer simply reacting to economic signals regarding pay allocation, according to WTW. They're accounting for other labor factors. 'Just as they do with any other investment, the most forward-thinking CFOs that we speak with are looking holistically at all aspects of pay and benefits to better understand which programs resonate most with employees and provide the highest return on investment,' John Bremen, managing director and chief innovation and acceleration officer at WTW, told me. They treat 'total rewards' as a portfolio, which makes sense given that the largest companies spend billions on them, Bremen explained. CFOs reduce spending on the programs that have less impact and further invest in the ones that have the highest impact, he said. Another key finding of the report: Despite limited pay growth, employee turnover remains low. Fewer organizations now report challenges with employee stability compared to the past two years. Only 30% of surveyed organizations find it difficult to attract or retain employees, down 11 percentage points from 2023, WTW finds. More employees want to stay with their current employers (62% in 2024 vs. 49% in 2022), and fewer are open to offers (11% vs. 22%)—yet nearly 30% are still actively job hunting, Bremen said. Other reasons employees stay are structural, he said. U.S. Bureau of Labor Statistics (BLS) data shows that fewer job opportunities are available today compared with previous years, he explained. 'Even though there are still millions of open jobs in the U.S., there are far fewer available to potential job changers,' Bremen said. 'And the premium for changing jobs is lower today than it was in previous years.' In June, the unemployment rate dipped to 4.1% from 4.2%. While 147,000 new jobs were added, private sector job growth was the slowest in eight months, according to BLS. Additionally, 130,000 people left the labor force, and the unemployed are staying out of work longer, Fortune reported. In response to this stable yet challenging labor market, in which turnover is relatively low and burnout and disengagement remain concerns, WTW finds that companies are taking steps to support their workforce, including: —Improving the employee experience (47%)—Enhancing health and wellness benefits (43%)—Expanding training opportunities (40%) A commitment to employee well-being and engagement is essential. Sheryl This story was originally featured on Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
Less than half of public accounting staff hold CPA licenses: Trial Balance
This story was originally published on To receive daily news and insights, subscribe to our free daily newsletter. The Trial Balance is weekly preview of stories, stats and events to help you prepare. The share of CPA-licensed staff working in public accounting firms dropped below 50% in 2024, according to Inside Public Accounting's latest Data Dive. Research indicates that from 2020 to 2024, the average percentage of staff holding CPA licenses at said firms fell from 56% to 48.4%. At larger firms — where advisory and consulting services continue to expand as private equity money flows in — just over four in 10 (41.5%) of staff held CPA licenses in 2024. Despite the trend occurring more frequently at larger firms, the decline spans firms of all sizes. This suggests a systemic change in credentialing trends, recruiting strategies and the makeup of public accounting teams — ideas CFOs have shared their thoughts on extensively. As the accounting profession adapts to talent shortages, how the industry has done so has received mixed reviews. States are now lessening education requirements, while companies have been trying to change the way accountants are perceived through entertainment media and, most recently, highly criticized advertising campaigns from massive technology providers and public accounting firms. On the inside, firms are increasingly hiring professionals without CPA licenses to fill roles once filled by credentialed or soon-to-be credentialed accountants. Many are also investing in AI tools to automate routine work in audit, tax and financial transformation, further shifting the types of skills they prioritize in new hires. It's also worth noting that this shift is happening despite a recent, modest uptick in undergraduate accounting enrollment following several years of decline. For CFOs, these staffing changes have implications beyond the firms themselves. Many finance leaders who rely on these firms for core services like audit, outsourced accounting and consulting expect a certain level of technical expertise. As firms broaden their talent mix, CFOs may need to re-evaluate how they engage with providers and what credentials and capabilities they prioritize when buying services from public accounting firms. Here's a list of important market events slated for the week ahead. Monday, July 14 — None scheduled. Tuesday, July 15 Consumer price index, June Core CPI, June Empire State manufacturing survey, July Industrial production, June Boston Fed President Susan Collins' speech Dallas Fed President Lorie Logan's speech Wednesday, July 16 Producer price index, June Core PPI, June Fed Beige Book Thursday, July 17 Initial jobless claims, July 5 U.S. retail sales, June Import price index, June Philadelphia Fed manufacturing survey Business inventories, May Friday, July 18 Consumer sentiment (preliminary), July During a July 11 appearance on Bloomberg Businessweek Daily, Harmit Singh, CFO and chief growth officer at Levi Strauss, emphasized the company's resilience as it deals with challenges around global trade disruptions and economic uncertainty. Singh pointed to the strength of Levi's brand and customer relationships as key drivers of confidence. 'The brand has never been stronger,' he told interviewers. He also added that the legacy of their brand is a considerable help in times of uncertainty. 'Especially in moments of crisis, consumers tend to gravitate to brands that are relevant and also the brands they trust.' On tariffs, he said the 'situation is fluid,' noting Levi's assumption of 'an incremental 10% on tariffs from the rest of the world and 30% from China.' He cited Levi's 'fairly diversified supply chain' and global footprint, adding, '60% of our business is international.' Singh said the company's agility and long-standing vendor relationships allow it to respond quickly to shifting conditions. However, it appears the process of navigating tariff-induced challenges is continually ongoing. 'Yesterday, after earnings, when we received news about certain tariffs, we went back and game planned that through another scenario,' Singh said. Recommended Reading CPA requirements by state Sign in to access your portfolio
Entrepreneur
4 days ago
- Business
- Entrepreneur
Everything You Need to Know About Reddit for Businesses in 2025
Opinions expressed by Entrepreneur contributors are their own. With over 1.2 billion monthly active users and a growing presence in Google's search results, Reddit has quietly become one of the most powerful drivers of brand visibility. Customers are no longer searching only on Google. Many are typing in your brand name plus "Reddit" to tap into the platform's unfiltered feedback and peer-to-peer advice. They want to know what real people are saying about your product, so much so that Reddit's appearance in Google search results has jumped considerably over the last year. If you're not showing up on Reddit — intentionally and authentically — you're not in control of your own reputation. What is Reddit, and why is it becoming an influential channel? Reddit is a user-generated content (UGC) platform divided into thousands of subreddits — topic-specific communities moderated by users. These are highly active contributors, critics and vocal fans. As of 2025, Reddit sees more than 97 million daily active users, 365 million weekly and 1.2 billion monthly. That's nearly triple the 430 million monthly users it had in 2019. Its appeal has expanded well beyond the tech-savvy demographic. Everyone from car shoppers to CFOs now turns to Reddit for research and peer insights. Related: 'Faster, Smarter, and More Relevant': Reddit Tests AI That Combs the Site For You Why Reddit matters for your brand Search behavior is changing. Users trust content that sounds like them — language from peers, not brands. That's why Google, Bing and AI search tools are increasingly surfacing Reddit content as authoritative responses. But visibility is only part of the equation. Reddit also functions as a brand barometer. A single negative comment can spin into dozens of upvoted replies. A helpful answer from a customer support rep can earn goodwill that outlasts a hundred emails. It's all about steering conversations at the moments that matter most. And Reddit's impact is sticky. Unlike social feeds where posts disappear in a matter of hours, high-ranking Reddit threads can stay visible — and relevant — for years. They show up in organic search. They're indexed by AI. They're cited in follow-up discussions. In short: They last. Related: How to Keep Eyes on Your Business Even When Google's Algorithm Changes, According to a Marketing Expert What makes Reddit SEO and marketing unique Marketing on Reddit is unlike any other platform. The audience is sharp, opinionated and allergic to fluff. What works here often runs counter to what succeeds elsewhere: No spray and pray : Broad messaging won't land. You need specificity. : Broad messaging won't land. You need specificity. No brand gloss : Highly produced content is viewed with suspicion. : Highly produced content is viewed with suspicion. No shortcuts: One-off posts get ignored or flagged. Trust is cumulative. Redditors value honesty, participation and domain knowledge. That makes it one of the most rewarding platforms for subject matter experts, but one of the harshest for brand reps who show up just to push product. Effective Reddit marketing starts with showing up where your audience already is and contributing to the conversation as a peer, not as a sponsor. How to leverage Reddit Done right, Reddit supports nearly every pillar of your marketing stack: Search visibility : Targeted engagement can help you rank for branded and unbranded queries, especially for long-tail and product-related queries. : Targeted engagement can help you rank for branded and unbranded queries, especially for long-tail and product-related queries. Content strategy : Reddit surfaces real questions and unmet needs. Treat this as fuel for content that resonates with your target audience. : Reddit surfaces real questions and unmet needs. Treat this as fuel for content that resonates with your target audience. Product development : Threads highlight where your offering falls short or exceeds expectations. It's a goldmine for refining features and messaging. : Threads highlight where your offering falls short or exceeds expectations. It's a goldmine for refining features and messaging. Reputation management : Active, authentic responses from branded accounts can clarify misinformation, defuse criticism and reframe the narrative. : Active, authentic responses from branded accounts can clarify misinformation, defuse criticism and reframe the narrative. Trust-building: Showing up regularly without selling earns credibility. Over time, that translates into influence. You can't fake it on Reddit. But if you're willing to do the work, the payoff — traffic, loyalty, influence — is unusually durable. Building your Reddit marketing strategy Reddit success is iterative. It's a slow burn, not a viral hit. That's why we recommend a three-phase approach to grow your brand on the platform: Crawl-Walk-Run. Crawl Start slow. This phase is about becoming fluent in Reddit's culture. Identify the subreddits where your audience gathers and begin reading, not posting. Pay attention to tone. Take note of the questions that get thoughtful responses and which get buried. Figure out what users consider helpful and what gets flagged. Set up one to three branded accounts, ideally with usernames that match your business identity but sound human, not robotic. You're not here to drop links. You're here to observe and engage lightly. Upvote useful content. Reply to a thread only when you can add meaningful context or value. Prioritize relevance over reach. Reddit doesn't reward flashy entrances. At this stage, your success depends on whether users accept you as a participant. If you rush this phase, you risk being flagged or shadowbanned. Take the time to learn the language before you speak. Related: I Trusted the Wrong Marketing Metrics for Years — Here's What I Track Now Instead Walk Now that you've got the context, you're ready to be more active. This is when you shift from listening to joining the conversation. Start responding to questions related to your expertise. Share insights and experiences. Reference tools or tactics that have worked for you, but avoid sounding like a commercial. When you do mention your brand, keep it natural. For example, you might share it as one possible solution among many. At this stage, start tracking mentions of your brand. Tools like Brandwatch or native Reddit search can help you monitor conversations and jump into relevant threads. Address questions. Clarify misinformation. Say thank you to users who recommend you. This is also the stage to test your content pillars — recurring themes that align with what users care about and what your brand knows best. That might mean sharing security best practices if you're in fintech or productivity hacks if you're in SaaS. The key? Show up regularly. Respond thoughtfully. And don't overreach. Run Once your brand is recognized and respected in key subreddits, you're ready to scale. The "Run" phase is about building infrastructure that supports deeper engagement. Launch a branded subreddit where your audience can ask questions, share tips or report issues. Think of it as your own space within Reddit. This gives you a centralized place to engage while maintaining a transparent, community-first tone. Host ask-me-anything (AMA) sessions with team members — founders, product leads or subject matter experts. This is a chance to show up as real humans. Just make sure your participants are prepared. Redditors ask sharp questions, and canned answers won't cut it. Explore Reddit Ads to amplify high-performing organic posts. Native ad formats can help you reach new users without sacrificing authenticity, as long as your content adds value. At this stage, you'll likely need to participate daily, moderate in real time and coordinate with your social, customer support and PR teams. Reddit isn't just part of your marketing stack anymore. It's a core channel that deserves real resourcing. Best practices and common pitfalls Reddit isn't a place where you can repurpose your Twitter threads or recycle blog copy. It's a space that demands sincerity and restraint. Here's what to do (and what to avoid): What to do: Be upfront about who you are and who you represent. Authenticity builds trust. Study each subreddit's rules before participating. Respect is a must if you want to gain traction on the platform. Focus on being useful. Solve real problems rather than pitch products. Monitor the impact of your activity, both on the platform and in search rankings. Commit to regular engagement. Relationships don't form overnight. What to avoid: Don't overproduce your content. Slick visuals or overly polished videos can feel out of place. Ignoring context is a recipe for disaster. What works in r/marketing may get deleted in r/startups. Don't go silent for long stretches. Inconsistency reads as inauthentic. Don't make promises you can't back up. Reddit users remember, and they will follow up. Boilerplate, copy-paste responses are a fast track to trouble. Reddit can spot scripted replies instantly. If it feels canned, chances are it'll get flagged or roasted. Measuring Reddit impact You can't manage what you don't measure. Here are the most relevant metrics to track as you scale your Reddit presence: Brand mentions (volume and sentiment) Comment upvotes and engagement rates Thread longevity and search visibility Traffic from Reddit to your site (via tagged links or direct) Conversions or assisted conversions from Reddit visitors Look beyond vanity metrics. A single, high-impact comment in the right thread might outperform a paid campaign in both reach and authority. Tools that can help with measuring these metrics include: If you're serious about measuring Reddit's impact, you need more than just upvotes and comments. Here are some tools to level up your tracking game: 1. Brand24 or Mention Use these for tracking brand mentions across Reddit (and the rest of the web). They pull in volume, sentiment, and trending conversations so you're not flying blind. 2. Reddit Keyword Monitor Pro This tool is tailor-made for Reddit. Set up alerts for keywords or brand names and get real-time updates when they're mentioned. Ideal for timely engagement. 3. Google Analytics (GA4) Track traffic and conversions from Reddit. Set up UTM parameters to see exactly what's driving clicks and sales—or where your funnel's leaking. 4. Ubersuggest While it's more SEO-focused, Ubersuggest can still show you if Reddit links are helping your pages rank or if any backlinks are giving you SEO juice. 5. Hypefury or Buffer If you're syndicating Reddit insights to other platforms (or vice versa), tools like these help schedule and measure cross-platform performance. 6. Sprout Social This one's more for social listening and engagement reporting. If Reddit is part of a broader strategy, you'll want centralized reporting. Conclusion Reddit is now an essential part of the digital marketing ecosystem. It shapes search results. It informs buying decisions. And it holds unmatched power for gauging brand sentiment. Ignoring it gives others the microphone. But for those willing to contribute with humility, value and consistency, Reddit offers reach and relevance. Start now. Your competitors already have.
Finextra
5 days ago
- Business
- Finextra
Corpay launches automated finance platform in UK
Corpay, the global S&P500 corporate payments company trusted by thousands of businesses worldwide, has launched Corpay Complete in the UK, a powerful, all-in-one platform designed to streamline finance operations, automate payments, and deliver real-time control over costs. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Already trusted by finance teams across the US, the platform has been adapted for the complexity of UK finance, and unifies accounts payable, FX, expenses, and payments into one intelligent solution. With expert local support and a human-first approach, Corpay Complete turns cutting-edge technology into a true finance partnership. The launch comes as recent data highlights that UK finance leaders are under growing pressure to do more with less – less resource, less time, less budget. According to Deloitte, 63% of UK CFOs now rank cost control as their highest business priority. In addition, just 36% of UK CFOs say that they have real-time visibility over their cash flow, while one in three UK businesses has fallen victim to invoice fraud – often due to manual processes and weak controls. This is echoed globally, as more than half of finance professionals are still spending over 10 hours per week processing invoices. Yet despite the time drain, only 5% of finance teams are fully automated, according to the Institution of Financial Operations Leadership's 2024 member survey – which includes responses from UK-based CFOs. The result is a clear disconnect between day-to-day workload and digital maturity. Fragmented systems make it worse, with 67% of global CFOs saying that disconnected tools are a barrier to meaningful automation and cost efficiency. Built to meet the demands of modern finance teams, Corpay Complete helps UK businesses save time, cut costs, and take control over fragmented finance operations. By unifying accounts payable, expense management, and international payments into one intelligent platform, finance leaders can move beyond disconnected systems and manual workflows. Corpay Complete automates the entire finance lifecycle – from supplier onboarding and purchase order creation to invoice capture, receipt matching, expense management and payment approvals. With customisable approval flows and a mobile-first interface, the platform eliminates administrative friction, reduces the risk of errors and fraud, and frees finance teams to focus on strategic priorities. By accelerating approvals, businesses can strengthen supplier relationships and take advantage of early payment discounts to improve working capital. The platform also enhances corporate spend control through integrated card programmes and secure, single-use virtual cards**, helping reduce leakage and unlock potential cashback of up to 1%* on eligible payments. For organisations with international operations, Corpay's market-leading FX capabilities enable fast, transparent cross-border payments to over 200 countries in 145 currencies – delivered with competitive exchange rates and no hidden fees. Corpay Complete gives finance leaders the clarity and oversight they need, with a single platform to track, approve, and manage payments in real time – whether at their desk or on the move via the Corpay mobile app. Speaking on the launch of Corpay Complete, Alan King, Group President at Corpay, said 'Corpay has been at the forefront of business payments in the US and globally – supporting thousands of businesses with smart, scalable finance solutions. Now, we're bringing that expertise to the UK with Corpay Complete, our all-in-one platform built specifically for today's finance leaders.' King added: 'The timing couldn't be more critical. Between the acceleration of digitisation, the rise of embedded finance, and widening skills gaps in finance teams, UK businesses are under growing pressure to do more with less. Corpay Complete is purpose-built for these realities – a solution that unifies accounts payable, FX, and expenses, helping finance teams work smarter, move faster, and manage risk with confidence.' Piero Macari, Corpay's VP of Products, added: 'As CFOs across the UK navigate the demands of digital transformation, they are increasingly expected to modernise financial operations, enhance cash flow visibility, and remove human error in a rapidly evolving business environment. Corpay Complete is purpose-built to meet these challenges. It integrates with existing financial systems, automates complex accounts payable workflows, and supports mobile-first digitisation to streamline processes from end to end. The platform delivers real-time financial data, empowering finance leaders to make faster, more informed decisions. Corpay Complete also simplifies expense management through integrated corporate cards, enabling organisations to monitor spend in real time, enforce policy controls, and unlock commercial opportunities tied to card usage. With support for both domestic and international payments, and efficient corporate credit card management, the platform helps finance teams reduce manual workloads, improve working capital, strengthen supplier relationships, and focus on driving strategic value. In today's digitising landscape, Corpay Complete delivers the operational agility and financial oversight modern organisations need to compete and grow.' Corpay already processes $320 billion in payments annually, delivers over $700 million in rebates, and supports 800,000+ corporate clients worldwide. As one of the largest FX providers in the UK, Corpay Cross Border Solutions also trades more than $320 billion in foreign exchange each year – giving businesses access to competitive rates and trusted global payment infrastructure. The launch of Corpay Complete marks a major step forward in its mission to simplify business finance – bringing together that global expertise in FX and payments with intelligent automation tailored to the needs of UK finance teams. Recognised by Forbes as one of the world's most innovative companies and by TIME as one of the world's best, Corpay brings entrepreneurial energy, proven scale, and deep industry expertise to the global payments space. With a track record of simplifying complex payment processes for businesses worldwide, Corpay is now setting its sights on transforming the way UK finance teams operate – starting with Corpay Complete.
