Archives

December 4, 2024 @ 4:26 pm By Omar Faridi  |  

PwC announced a collaboration agreement with Amazon Web Services (AWS) to help drive innovation using the advancements in cloud and generative AI (GenAI) services. The collaboration will now aim to bring together PwC’s industry insights with AWS’ GenAI services, including Amazon Bedrock, which offers a… Read More

November 20, 2024 @ 9:36 pm By Omar Faridi  |  

80% of asset and wealth managers say AI will fuel revenue growth while ‘tech-as-a-service’ could see 12% boost to revenues by 2028, according to an update from PwC. PwC also mentioned in its research study that almost three-fourths (73%) of asset and wealth management (AWM)… Read More

November 10, 2024 @ 10:02 pm By Omar Faridi  |  

PwC has released their research report, entitled FinTech in ASEAN 2024: A Decade of Innovation. PwC noted that during the past decade, the global FinTech landscape has evolved rapidly, transforming financial services and “driving digital inclusion worldwide.” Yet, the research report explained that considerable challenges… Read More

October 3, 2024 @ 6:15 am By Omar Faridi  |  

Feedzai, a provider of risk management and fraud prevention solutions, and PwC, a global consulting firm, have joined forces to establish a Center of Excellence (CoE) dedicated to fighting financial crime. This partnership enhances the delivery of solutions to financial institutions, enabling them to protect… Read More

October 2, 2024 @ 7:50 pm By Omar Faridi  |  

Nearly four-fifths (77%) of organizations expect their cyber budget to increase over the coming year as organizations cite unpreparedness to an ever-expanding surface of cyber vulnerabilities, according to PwC’s 2025 Global Digital Trust Insights survey. The survey, which obtained key insigths from 4,042 business and… Read More

September 9, 2024 @ 9:54 pm By Omar Faridi  |  

PwC announces the launch of Beacon, an innovative international tax platform that promises to bring agility, efficiency and speed to tax calculations. As global tax regulations continue to evolve, Beacon is designed “to help multinational organizations navigate the complexities of the OECD’s Pillar Two framework,… Read More

August 22, 2024 @ 9:10 pm By Omar Faridi  |  

PwC leverages Workday to help customers unlock Pillar Two data processing capabilities. Pillar Two framework mandates “a 15% global minimum tax on the earnings of multinational enterprises with consolidated revenues exceeding €750 million.” PwC announced a new data processing solution “that will help joint Workday… Read More

June 14, 2024 @ 10:47 pm By Omar Faridi  |  

Almost two-thirds (63%) of companies say they are very or extremely confident that they will be ready to report under the EU’s new Corporate Sustainability Reporting Directive (CSRD), according to PwC’s inaugural 2024 Global CSRD Survey, published today. The global survey, of more than 500… Read More

May 28, 2024 @ 12:19 am By Omar Faridi  |  

Sectors more exposed to AI are experiencing almost five times (4.8x) higher growth in labor productivity, according to PwC’s 2024 Global AI Jobs Barometer, released recently. The report, which analyzed “over half a billion job ads from 15 countries, suggests that AI could allow many… Read More

May 27, 2024 @ 10:45 pm By Tony Zerucha  |  

Brickken, a tokenizer of real-world assets, has been selected to participate in PwC’s Scale Digital Assets program, a collaborative initiative with GrowthBuilders. This follows a recent expansion towards Coinbase’s L2 Network and its first institutional client, a German venture capital fund. The PwC Scale program… Read More

May 19, 2024 @ 10:11 am By Omar Faridi  |  

FloQast announced a consulting relationship with PwC Australia, a global consulting firm. The alliance combines FloQast’s advanced Finance and Accounting Operations Platform with PwC Australia’s deep industry expertise “to transform key accounting and finance operations, including the financial Close, compliance management, and internal controls.” Today’s… Read More

May 16, 2024 @ 10:39 pm By Omar Faridi  |  

Consumers are willing to spend an average of 9.7% more on sustainably produced or sourced goods, even as cost-of-living and inflationary concerns weigh, according to PwC’s 2024 Voice of the Consumer Survey, released recently. The survey, which collected “the perspectives of more than 20,000 consumers… Read More

January 16, 2024 @ 3:21 pm By Omar Faridi  |  

The proportion of CEOs who believe global economic growth will improve over the next 12-months has more than doubled year-on-year, according to an update shared by PwC. At the same time, the proportion of CEOs concerned “about their long-term business viability has risen to 45%… Read More

November 22, 2023 @ 10:52 am By Omar Faridi  |  

Cyber and digital technology risks are a key concern for businesses and risk leaders in 2023, even as 60% see GenAI “as an opportunity for their businesses,” according to PwC’s 2023 Global Risk Survey, published recently. More than 3,900 business and risks leaders – “from… Read More

November 18, 2023 @ 4:03 pm By Omar Faridi  |  

More than nine in ten investors (94%) believe corporate reporting on sustainability performance contains unsupported claims, according to PwC’s 2023 Global Investor Survey. The survey – now in its third consecutive year – “queried 345 investors and analysts across geographies, assets classes, and investment approaches… Read More

October 30, 2023 @ 12:19 pm By Omar Faridi  |  

Darwinbox is pleased to announce a new strategic alliance with PwC UK – the second-largest professional services network. This alliance will help bring Darwinbox’s innovative HR solutions “across UK and EU markets, in addition to offering better and faster implementations and time-to-value for clients.” PwC… Read More

October 24, 2023 @ 7:11 am By Omar Faridi  |  

UK law firms have cited macroeconomic volatility as their greatest concern, but this has not impacted growth ambitions, with 100% and 93% of Top 100 firms expecting to increase revenue and profits respectively in the next year (by an average of 9.3% for revenue and… Read More

October 1, 2023 @ 9:47 pm By Omar Faridi  |  

FloQast, a provider of accounting workflow automation software created by accountants for accountants, announced today a strategic consulting partnership with PwC Germany, a global firm focused on assurance, advisory, and tax services. This collaboration aims to transform financial close processes “for businesses across German-speaking countries… Read More

October 3, 2022 @ 10:06 pm By Omar Faridi  |  

PwC Hong Kong announces the signing of a collaboration agreement with TerraZero Technologies, Inc. With offices in Vancouver and Los Angeles, TerraZero brings together specialists and entrepreneurs “from blockchain, web3, design, programming, entertainment, marketing and finance backgrounds.” PwC and TerraZero are “devising a go-to-market strategy… Read More

March 7, 2022 @ 10:53 am By JD Alois  |  

Two of the largest consulting/accounting firms in the world have cut ties with Russia due to the country’s unprovoked war with Ukraine. KPMG, which also announced it would stop interaction with Belarus – a staunch Russian ally and launch spot for much the military action… Read More