SEC Reviewing Rules for ‘Gamified’ Trading Apps

The U.S. Securities and Exchange Commission is considering updating its rules to protect investors who use “gamified” apps such as Robinhood to make trades. In prepared testimony for a House committee hearing, SEC Chairman Gary Gensler expressed concerns about apps that use features common to video games to “increase customer engagement,” noting that following the […]

Bill.Com Adds Divvy to Back-Office Solutions

Fintech firm Bill.com has agreed to acquire Divvy for about $2.5 billion in a move to add spend management and corporate cards to its back-office solutions. Bill.com’s cloud software helps small and midsize businesses automate billing and invoicing, while Divvy...

CFOs On the Move: Week Ending May 7

Sherry House Lucid Motors appointed Sherry House as chief financial officer, where she will focus on the electric vehicle automaker’s transition to a publicly traded company. House joins the company from Alphabet’s self-driving unit Waymo, where she was treasurer and...

CFOs Ponder Remote Work Possibilities

When we talked to CFOs about their plans for a post-pandemic workplace for our October 2020 story, “Is Remote Work Working?” two messages came through loud and clear. First, CFOs told us that telework would permanently expand to more positions than before March 2020,...