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Rocket to Acquire Redfin for $1.75 Billion

Finovate

“Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs, and increases value to American homebuyers.”

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FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting

FloQast

This milestone showcases our commitment to transparency, accountability, and trust in every AI solution we deliver, and positions us as a leader in responsible AI governance within the accounting technology sector. This milestone isnt just another checkbox for usits a commitment to doing AI the right way.

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This Week in Fintech: TFT Bi-Weekly News Roundup 10/05

The Fintech Times

The funding will support Savea’s mission to launch new investment opportunities that leverage blockchain technology to increase access, liquidity and scalability for physically-scarce assets like fine wine, classic cars or watches. Circula, the German expense management company, has bagged 15million in funding.

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This Week in Fintech: TFT Bi-Weekly News Roundup 03/07

The Fintech Times

Stacks AI , a startup focused on automating the financial close process, appoints former Plaid and McKinsey executive Farid Sedjelmaci as COO. Queen Máxima of the Netherlands is named chair of the international advisory board at the Global Finance & Technology Network (GFTN).

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What the Accounting Shortage Means for Finance

Paystand

AI in accounting is automating repetitive tasks and processing vast amounts of data in real time, freeing finance teams to focus on strategic work.

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How PulteGroup Transformed its Financial Close Process

FloQast

The Challenge: A Manual and Paper-Intensive Process Before integrating FloQast, PulteGroup grappled with a manual process laden with paperwork. With 27 divisions to coordinate, the inefficiencies compounded, leading to prolonged close times and increased risk of errors.

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The Silent Costs of a Traditional Financial Close (and Why It’s Time To Modernize)

FloQast

And solutions that are easy to implement help businesses mitigate the cost of traditional close processes and enhance performance. Automation can reduce the time to close by 26 % or more. This increases the time it takes to close and adds more pressure to workloads during this process. Take SOX as one example.