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Encompass Corporation Elevates Stuart Barnard to CFO from VP Role

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Encompass Corporation, a leading UK regtech firm, has recently announced the promotion of Stuart Barnard, formerly the VP of finance and business operations, to the esteemed position of Chief Financial Officer (CFO).

In this newly created role, effective as of this month, Barnard will assume full responsibility for overseeing the global finance and business operations of the KYC solution provider. His duties will encompass leading various critical functions within the firm, including legal affairs, finance, human resources, revenue operations, IT infrastructure, and information security.

Barnard’s journey with Encompass began in 2016 when he joined as the Head of Finance for the company’s division in Sydney, Australia. After demonstrating exceptional leadership and strategic acumen, he transitioned to the role of VP of Finance at the company’s London office in late 2018. His dedication and contributions culminated in his well-deserved promotion to CFO in December 2022.

Wayne Johnson, co-founder and CEO of Encompass, expressed his confidence in Barnard’s capabilities, emphasizing the vital role he has played in executing the company’s strategic objectives thus far. Johnson also commended Barnard for his ability to attract and nurture a diverse and high-performing team.

Barnard’s promotion comes at an opportune time for Encompass, coinciding with the recent appointment of Neil Acworth as Chief Information Security Officer (CISO) last month. Additionally, the company has been actively expanding its portfolio through strategic acquisitions, including the recent acquisitions of CoorpID and Blacksmith KYC from ING in January.

Source: fintechfutures.com

The post Encompass Corporation Elevates Stuart Barnard to CFO from VP Role appeared first on HIPTHER Alerts.

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AICPA & CIMA and PwC join forces to offer new training to help accounting and finance professionals embrace EU sustainability reporting standards

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E-learning modules bring clarity to the complexity of the European Sustainability Reporting Standards (ESRS), pivotal to companies reporting under the European Union’s Corporate Sustainability Reporting Directive (CSRD)

WARSAW, Poland, May 15, 2024 /PRNewswire/ — The worldwide leader on public and management accounting issues, AICPA & CIMA, together as the Association of International Certified Professional Accountants, and one of the world’s largest professional services networks, PwC, are jointly offering a new e-learning course: Introduction to the European Sustainability Reporting Standards.

The NASBA compliant* training provides a comprehensive overview of the mandatory EU sustainability reporting standards and their application.

The initial learning path includes three modules: 

  • Introduction to cross-cutting standards (ESRS 1 and ESRS 2)
  • Introduction to environmental standards (ESRS E1–E5)
  • Introduction to social and governance standards (ESRS S1–S4 and G1)

“We believe that knowledge on sustainability reporting, particularly on the requirements in Europe, will be essential for finance professionals within and outside of the European Union. PwC is proud to provide upskilling on this crucial topic – sharing insights and contributing to the increase of knowledge in this crucial new frontier in corporate reporting,” said Gabor Balazs, Corporate Reporting Services Partner, PwC Central and Eastern Europe.

“We’re pleased to join forces with PwC in offering this timely training course given the EU sustainability reporting standards came into effect on 1 January 2024**. Our members play a key role in sustainability implementation, measurement, reporting, and assurance; providing tools and resources for their broad upskilling is one of our highest priorities,” said Jeremy Osborn, AICPA & CIMA’s Global Head of ESG. “This collaboration underscores AICPA & CIMA’s ongoing commitment to fostering high quality and trusted sustainability accounting and reporting, as well as our support for consistent and comparable reporting standards. We believe that through this cooperation with PwC, public accountants and management accountants will gain the tools and knowledge to make businesses more sustainable and socially responsible, serving the public interest by instilling trust and integrity in sustainability disclosures.”

The jointly offered e-learning, available globally, is suitable for accounting and finance professionals seeking to understand the EU sustainability reporting standards. Upon completion of this 2.5-hour training, participants will be issued with a co-branded certificate of completion. For pricing and further details on the Introduction to the European Sustainability Reporting Standards, visit the course homepage. For an array of AICPA & CIMA resources on sustainability and ESG, visit aicpa-cima.com/esg.

Notes to editor

* Attendees can earn 3.5 Continuing Professional Education (CPE) credits.
** First-time application (as defined by the CSRD) varies, starting from the fiscal year 2024 (reporting in 2025). Determining when a company needs to start reporting depends on different factors including its size, whether it is listed or not, and whether the parent entity is EU-based. To find out more, check AICPA & CIMA CSRD and ESRS summary report created as part of a series of briefs exploring the topic of sustainability, business, and the key role that finance professionals can play in long-term value creation.

About AICPA & CIMA, together as the Association of International Certified Professional Accountants

AICPA® & CIMA®, together as the Association of International Certified Professional Accountants (the Association), advance the global accounting and finance profession through our work on behalf of 597,000 AICPA and CIMA members, candidates and registrants in 188 countries and territories. Together, we are the worldwide leader on public and management accounting issues through advocacy, support for the CPA license, the CGMA designation and specialised credentials, professional development and thought leadership. We build trust by empowering our members, candidates and registrants with the knowledge and opportunities to be leaders in broadening prosperity for a more inclusive, sustainable and resilient future. 

About PwC

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 151 countries with over 360,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

View original content:https://www.prnewswire.co.uk/news-releases/aicpa–cima-and-pwc-join-forces-to-offer-new-training-to-help-accounting-and-finance-professionals-embrace-eu-sustainability-reporting-standards-302146260.html

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Flutterwave Earns Prestigious Spot on CNBC’s 2024 Disruptor 50 List

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SAN FRANCISCO, May 15, 2024 /PRNewswire/ — Flutterwave, Africa’s leading payment technology company, has earned a spot on the prestigious 12th annual CNBC Disruptor 50 list alongside companies like OpenAI, Stripe, Monzo. This recognition underscores its innovation and expansion, achieved amidst challenging market conditions and economic downturns.

 

 

The CNBC Disruptor 50 list is renowned for spotlighting private enterprises that shake up traditional industries and chase substantial opportunities. Criteria such as scalability, user growth and use of breakthrough technologies are key factors in the selection process, making Flutterwave’s inclusion a testament to its groundbreaking advancements in the fintech sector. 

In the pursuit of innovation, Flutterwave has launched a series of innovative products, among them the flagship Flutterwave for Business solution to equip enterprise businesses with all the necessary resources to manage and expand their operations seamlessly in Africa. Additionally, Flutterwave has unveiled Send App which helps the African diaspora to send money to the continent and a currency exchange solution, Swap built in partnership with Kadavra BTC and Wema Bank. These offerings have not only empowered businesses, startups, and individuals but also facilitated seamless payment experiences and fostered growth across diverse sectors.

Further solidifying its position as a leader in the industry, Flutterwave has expanded its collaboration with Air Peace, Nigeria’s leading airline, serving as the trusted payment partner of choice, cementing its role as the preferred partner for Air Peace’s flagship Lagos to London routes. This alliance not only strengthens Flutterwave’s commitment to excellence and innovation in the aviation sector but also underscores its dedication to delivering seamless payment experiences for travellers and businesses alike. Earlier in 2023, Flutterwave collaborated with IATA, the global airlines alliance as a payments provider for Africa. Moreover, Flutterwave has maintained a longstanding partnership with Uber, helping the ride-hailing giant scale across Africa via one payment integration. This shows its commitment to supporting businesses of all sizes and other startups to bring their fintech solutions to market in record time.

In response to the announcement, Olugbenga ‘GB’ Agboola, Founder and CEO of Flutterwave, conveyed the company’s gratitude for being included in the esteemed CNBC Disruptor 50 list for 2024, expressing: “We are deeply honored to be acknowledged among the esteemed companies on CNBC’s Disruptor 50 list for 2024. Our mission has always been to empower businesses of all scales, and to be recognised as a disruptor in our field is a testament to the unwavering dedication of our team. Looking ahead, our aim is to continue excelling in every aspect, from product innovation to enhancing customer experiences, ensuring that we pave the way for endless possibilities for both our clients and their customers.

“Remaining steadfast in our commitment to innovation and expanding our product portfolio, our overarching mission is to become the preferred payments partner for international and multinational enterprises seeking to extend their footprint in Africa and beyond. We are confident in our strategic positioning to assist them in realising this ambition.”

Flutterwave’s influence extends beyond its innovative products and partnerships. The company has played a pivotal role in driving financial inclusion across Africa, empowering businesses of all sizes to participate in the global economy. With a steadfast commitment to providing secure, seamless, and accessible payment solutions, Flutterwave continues to pave the way for digital transformation in emerging markets, solidifying its position as a disruptor in the global fintech landscape. 

About Flutterwave 

Flutterwave is the leading payments technology company that enables businesses across the world to expand their operations in Africa and other emerging markets through a platform that enables local and cross-border transactions via one Application Programming Interface (API). Flutterwave has processed over 630M transactions in excess of USD $31B and serves more than 1.5m businesses, including customers like Uber, Air Peace, Bamboo, PiggyVest, and others. The company’s key advantage is connecting businesses to various local and international payment types to enable them to expand globally. It also enables cross-border transactions from the diaspora to African countries via its SendApp product. Flutterwave processes payments via multiple payment modes, including local and international cards, mobile wallets, bank transfers, and Google Pay. The company has an infrastructure reach in 34 African countries. For more information on Flutterwave’s journey, please visit www.flutterwave.com

Photo: https://mma.prnewswire.com/media/2413504/Flutterwave_CNBC_Disruptor_50_2024.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/flutterwave-earns-prestigious-spot-on-cnbcs-2024-disruptor-50-list-302146202.html

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OKX, Circle, and Bitrue Among Sponsors of Consensus 2024

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VICTORIA, Seychelles, May 15, 2024 /PRNewswire/ — The anticipation mounts as Consensus, the world’s foremost event in cryptocurrency, blockchain, and Web3, prepares for its return. Prominent industry leaders such as OKX, Circle, Bitrue, Stellar, Bitgo, and XRPL will sponsor Consensus 2024, which is scheduled to take place in Austin, Texas from May 29th to 31st.

This year marks the event’s tenth anniversary, Consensus is expected to surpass expectations, setting new standards for dialogue, discovery, and deal-making. The event consistently draws major players in the web3 industry. It is anticipated to attract over 15,000 attendees, 850+ investors with $3+ trillion AUM.

Bitrue, one of the key sponsors for Consensus, exposes its plan to unveil a significant initiative aimed at fostering innovation and connectivity in the web3 space. Established six years ago, as a leading cryptocurrency exchange, Bitrue has always been committed to supporting innovators within the web3 ecosystem and was one of the first exchanges to list tokens such as GALA, XDC, and GME. Bitrue’s keen ability to identify opportunities helps investors lock in high-quality investment targets earlier.

As Consensus 2024 gears up, it promises groundbreaking discussions and pivotal innovations, with leading sponsors like OKX, Circle, and Bitrue poised to influence the future of web3. “This event is a catalyst for transformative advancements,” said Robert Quartly-Janeiro, Chief Strategy Officer at Bitrue. “

In fact, we are also early investors in projects; we invested in companies like Wingride and Liqwid quite early on. We pay special attention to innovative projects in the RWA and AI fields. At the Consensus Conference, we will increase our investments significantly, supporting the development and construction of the entire ecosystem.”

Logo – https://mma.prnewswire.com/media/2385358/Bitrue_BitrueOfficial_Bitrue_Logo.jpg

Cision View original content:https://www.prnewswire.co.uk/news-releases/okx-circle-and-bitrue-among-sponsors-of-consensus-2024-302146152.html

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