Clearly Payments

JULY 23, 2025

Best practices: Use a clear, recognizable business name and billing descriptor. To stay in good standing: Respond to disputes promptly Use pre-transaction fraud tools (3DS2, address verification, etc.) Being upfront with your provider helps you avoid unexpected holds or account freezes.

Compliance 65

Compliance PCI DSS Processors Disputes 65

EBizCharge

MARCH 18, 2025

The Sage 100 system provides comprehensive tools for accounting, financial management, inventory control, manufacturing, and distribution. Additionally, Sage 100 integrations provide automated reconciliation, ensuring that transactions are accurately matched to invoices and recorded in accounts receivable (AR) without manual effort.

Credit Cards 52

Credit Cards Process Security Data Breach 52

VISTA InfoSec

MARCH 13, 2025

4.0 , was released on March 31, 2022, introducing enhanced security measures to address evolving cyber threats. million accounts were leaked witnessing a 388% increase in compromised user accounts. Maintaining an information security policy: Establishing a documented security strategy. The latest version PCI DSS v.4.0

PCI DSS 165

PCI DSS Data Breach Breach Compliance 165

Stax

JANUARY 23, 2025

Learn More What is Merchant Account Underwriting? Merchant account underwriting is the evaluation process payment processors use to assess whether a business meets the criteria for accepting credit card payments. The primary purpose of merchant account underwriting is to mitigate risks for payment processors and credit card networks.

Underwriting 68

Underwriting PCI DSS Money Laundering Processors 68

Clearly Payments

NOVEMBER 18, 2024

This article outlines how to structure your chargeback management team, define roles, implement processes, select the right software, and adhere to best practices. Operational challenges: A high chargeback ratio could lead to higher processing fees or the loss of your merchant account.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

The Payments Association

JUNE 24, 2025

The trend towards sustainability and especially the movement of consumers towards a sustainable lifestyle is one that the payments industry has addressed—somewhat. We highlight some practical strategies for card issuers seeking to innovate in the sustainability space and reach consumers who care about the impact of their choices.

Innovation 88

Innovation Card Issuer Payments Issuers 88

Fi911

JUNE 20, 2025

These synthetic identities often use valid Social Security numbers belonging to children or individuals without credit histories, combined with fictitious names and addresses. However, digital banking expansion spreads risk nationwide as physical presence becomes less important for account opening.

Identity Theft 52

Identity Theft Verification Database Authentication 52

Finextra

JUNE 13, 2025

Data breaches involving bank account details not only damage reputations and erode customer trust but can also expose organisations to direct financial loss, fraud recovery efforts, and regulatory scrutiny. Tokenisation replaces sensitive bank account information with a secure, randomised token — a placeholder with no exploitable value.

Data Security 59

Data Security Payments Data Security ISO 20022 59

Fintech Finance

MARCH 28, 2025

Medius , a leading provider of Accounts Payable (AP) automation and spend management solutions, has successfully renewed its ISO certifications, reaffirming its commitment to security, quality, and compliance excellence.

ISOs 59

ISOs Continuity Best Practices Compliance 59

The Payments Association

FEBRUARY 10, 2025

This legislation represents a significant shift in corporate accountability, aiming to strengthen the UKs legal framework against financial crime. Compliance requires proactive fraud risk assessment, the implementation of preventive procedures, and a culture of accountability.

Crime 88

Crime Fraud Prevention Risk Assessment Due Diligence 88

Neopay

JANUARY 30, 2025

The Financial Conduct Authority (FCA) has recently published its findings on how firms are using the National Fraud Database (NFD) and money mule account detection tools to combat financial crime. The review highlights both positive practices and key areas where firms must improve to effectively disrupt money mule networks.

Financial Crimes 59

Financial Crimes Fraud Detection Crime Best Practices 59

The Fintech Times

FEBRUARY 28, 2025

However, as James Lichau , financial services co-leader at BPM , the accounting service provider, said, firms must be vigilant and watch over AI services so they don’t get outsmarted by ever-developing fraud tactics. “This is particularly true in the financial sector, where trust and accountability are paramount.

AI 97

AI Best Practices Regulations Risk 97

The Payments Association

MAY 28, 2025

The process replaces your 16-digit primary account number and other sensitive data with a secure, unique digital identifier that functions exclusively within controlled environments. Regulatory frameworks will inevitably follow, converting whats currently best practice into compliance requirements.

Credential 88

Credential Payments Issuers Visa 88

The Payments Association

JUNE 16, 2025

Questions address both immediate challenges (transaction fees, fraud prevention, cart abandonment) and forward-looking opportunities (emerging payment methods, international expansion, technology adoption). The methodology combines quantitative analysis of operational metrics with qualitative assessment of strategic priorities.

Innovation 88

Innovation Cross-Border Fraud Prevention Payments 88

Trade Credit & Liquidity Management

JULY 14, 2025

Myths get in the way of implementing best practices. Take proactive steps: review their credit report, check in with their suppliers and banks, and consider a site visit if the account is significant. Many overdue accounts stem from mistakes in the sales, fulfillment, or billing process.

Disputes 52

Disputes Best Practices Liquidity Management Accounts 52

Fintech News

JULY 21, 2025

The aim is to enhance the protection of cryptographic key exchanges and address future cybersecurity risks that may be posed by quantum computing. MAS then published an information paper sharing best practices on how financial institutions can manage and ensure proper oversight when developing, testing, and using GenAI and AI models.

FinTech 71

FinTech Scams AI Risk 71

Fi911

JANUARY 30, 2025

Improved customer experience: By addressing the reasons behind cart abandonment, merchants can enhance their overall customer experience and build trust with their shoppers. Provide guest checkout options Not all customers want to create an account or go through a registration process before making a purchase.

Addressing 66

Addressing Best Practices Returns Process 66

Evolve Payment

JULY 15, 2025

If counterfeit bills are deposited, banks may debit the business’s account, resulting in direct financial losses. Accounting and Reconciliation: Managing cash requires meticulous record-keeping and reconciliation, which is time-consuming and prone to errors. This speed improves customer satisfaction and operational efficiency.

Cash Management 52

Cash Management Reconciliation Payments Audit 52

EBizCharge

MAY 22, 2025

Understanding these differences is essential for addressing common challenges, such as manual errors, delayed invoices, and poor payment tracking, as they can strain customer relationships, limit payment flexibility, and lead to compliance issues. Implementing an organized system, such as invoice templates or accounting software, can help.

Process 52

Process Best Practices Reconciliation Automation 52

Stax

FEBRUARY 19, 2025

This article explores how ISV partnerships can drive growth, key considerations when selecting an ISV partner, and best practices for successful collaborations TL;DR ISV partnerships help businesses access new customer segments and industries. Third-party security audits to ensure best practices are followed.

ISVS 88

ISVS Payment APIs and Integration API Best Practices 88

Stax

JUNE 24, 2025

These fees cover the costs associated with securely transmitting payment data, verifying the transaction, and settling funds into the merchant’s account. Educate customers: Provide educational materials, customer support, or FAQs online or in-store that address common questions or misconceptions about surcharging.

Credit Cards 88

Credit Cards Process Processors Laws 88

Cardfellow

APRIL 27, 2025

Youll need to document your reviews, including any identified risks and what changes youve made (if any) to address those risks. Assigned Roles To drive accountability, youll need to assign a designated person or role to each PCI requirement. Stronger Password Rules The example above is a real new requirement for the Defined Approach.

PCI DSS 52

PCI DSS Encryption Processors Credit Cards 52

Stax

FEBRUARY 19, 2025

Bonus Tip: Look for integrated payment solutions that are easily able to integrate with your related systems like your accounting software, point of sale system (POS system), CRM system, and other software. Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks.

Payments 88

Payments PCI DSS Compliance Risk 88

Trade Credit & Liquidity Management

JUNE 16, 2025

A properly managed Accounts Receivables (AR) portfolio is essential to maintain the liquidity your company needs to sustain its business and grow. This requires efficient and effective collection practices, a well-trained staff, and some degree of process automation. First, Some Basics Address Emails Strategically.

Lockbox 52

Lockbox Addressing Checks Best Practices 52

Finextra

JULY 7, 2025

Compliance is King: Navigating the Regulatory Minefield: Regulations like GDPR (General Data Protection Regulation), CCPA (California Consumer Privacy Act), HIPAA (Health Insurance Portability and Accountability Act), LGPD (Lei Geral de Proteção de Dados - Brazil) , and industry-specific mandates demand robust data privacy and security measures.

AI 59

AI Payment APIs and Integration Audit Government 59

Trade Credit & Liquidity Management

JULY 7, 2025

Staying ahead of how these factors influence businesses requires continuous learning and the adoption of best practices. Lead efforts to address operational and process issues affecting accounts receivable (AR) results and profitability. Managing a staff today is much different than just a few years ago.

Best Practices 52

Best Practices Treasury Management Treasury On-Demand 52

The Fintech Times

JULY 19, 2025

The move will likely see HSBC come under increased scrutiny and accountability for hitting its net zero targets, but is this the best approach for the UK bank to take? “We weren’t comfortable with the lack of ambition and the recent watering down of accountability,” explained a spokesperson for the bank.

Risk 45

Risk Continuity Consulting Addressing 45

Clearly Payments

MARCH 13, 2024

Communicate Goals and Results to Everyone Effective communication of goals and results is essential for driving alignment, accountability, and motivation within the organization. T ransparency fosters accountability and drives operational excellence within the organization, as teams are held accountable for delivering on their commitments.

Best Practices 105

Best Practices Payments Process Accounts 105

VISTA InfoSec

FEBRUARY 25, 2024

These commonly breached records include: Personal Information Names, addresses, phone numbers, Social Security numbers, driver’s license details, passport numbers, patient healthcare records, insurance policy information, financial statements, etc. But some data types see higher breach rates than others.

Data Breach 272

Data Breach Breach Multifactor Authentication Cybersecurity 272

Stax

FEBRUARY 26, 2024

TL;DR Recurring payments refer to a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services. Recurring payments are a financial arrangement where a customer authorizes a business to charge their account at regular intervals for products or services.

Best Practices 88

Best Practices Payment APIs and Integration Payment Gateways Payments 88

EBizCharge

JUNE 20, 2024

An efficient accounts receivable (AR) process is essential to maintaining any company’s financial health, as it represents the money customers owe for goods or services provided on credit. What is accounts receivable (AR)? Why is the accounts receivable process important?

Best Practices 52

Best Practices Accounts Disputes Procedures 52

Stax

MARCH 6, 2024

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. TL;DR Recurring billing is a powerful solution to streamline processes and enhance revenue generation and customer engagement.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

VISTA InfoSec

JUNE 19, 2024

For instance, an attacker might send an email that appears to be from a trusted video communication platform, prompting you to click on a link to verify your account or update credentials. Choose platforms that provide regular security updates and patches to address emerging vulnerabilities.

Risk 277

Risk Ransomware Phishing MFA 277

FloQast

APRIL 7, 2024

The close is one of the most critical periods in every company’s monthly (and yearly) schedule, so delays or inefficiencies can be particularly frustrating and pile pressure on accounting teams. In this article, we will look at best practices for enhancing your close and how automated software tools can help you reduce completion times.

Best Practices 52

Best Practices Reconciliation Close Processes Automation 52

Nanonets

APRIL 19, 2024

Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. This report serves as a formal record of the reconciliation process and provides transparency and accountability.

Best Practices 52

Best Practices Reconciliation Automation Procedures 52

The Fintech Times

APRIL 23, 2024

In its latest bank security investigation, researches tested banking website and app security across four key criteria – login procedures, security best practice, account management and navigation and logout, which were amalgamated to give a total score and revealed a variety of concerns.

Addressing 69

Addressing Online and Mobile Banking Security Best Practices 69

EBizCharge

OCTOBER 25, 2023

Sensitive or confidential data can include customer data records, bank account numbers, Social Security numbers, healthcare information, intellectual property, etc. Using this knowledge to create and update your procedures to address new threats is essential. Threat actors employ various methods and techniques to execute data breaches.

Data Breach 52

Data Breach Best Practices Breach Phishing 52