Penni Schewe

Trump Issues Ban on Chinese Payment Apps

By Penni Schewe 1 day ago

U.S. President Donald Trump has issued an govt get prohibiting transactions that use the popular Chinese payment application Alipay. Trump stated the “pace and pervasiveness” of Chinese technological know-how offered a continuing danger to the U.S. national security, foreign plan, and economic system.

“The United States will have to acquire intense motion against these who produce or handle Chinese connected software package purposes to guard our national security,” the govt get stated.

The get also bans transactions involving “persons that produce or control” the applications WeChat, QQ Wallet, SHAREit, CamScanner, Tencent QQ, VMate, and WPS Business office.

The get usually takes outcome in 45 days. President-elect Joe Biden usually takes workplace on January 20. It is unclear how the Biden administration will interpret or enforce the ban.

“The United States has assessed that a amount of Chinese connected software package purposes automatically capture extensive swathes of facts from tens of

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Finance Bots: Overcoming the Hesitation

By Penni Schewe 1 day ago

Many finance and accounting teams, underneath enormous tension and facing resourcing troubles stemming from the pandemic, are turning to automation for solutions. The automation place, which grew at a compound annual advancement level of 30% from 2017 by 2022, will have to now also contend with COVID-19 as an accelerant.

Though intelligent and cognitive automation is now on the scene, robotic method automation (RPA or “bots”) continues to be an necessary steppingstone in bringing automation into an organization’s operations — and 1 that stands to yield sizeable positive aspects and gains.

Scott Szalony

RPA especially can help lower inefficiencies and streamline mundane processes, enabling CFOs and finance teams to focus on extra strategic priorities that demand from customers their focus, like extra repeated forecasting and analysis and heightened communications with investors about shifting marketplace dangers.

There are lots of identified gains to RPA. Adopting companies report charge personal savings, higher

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