Nanonets

NOVEMBER 12, 2024

Chart of Accounts Error Description: When you’re importing accounts, the order matters a lot. Parent accounts need to come before child accounts, and if account type values are off, you’ll get errors like “Invalid parent reference key.”

Error Resolution 52

Error Resolution Multi-Currency Duplicate Checks 52

Fintech Finance

APRIL 29, 2024

The Confirmation of Payee (CoP) capability enables users to verify that they are sending payments to, or collecting money from, the right account holder. Unlocking a host of advantages, CoP empowers Direct Debit and Direct Credit users with a proactive approach to error resolution.

Error Resolution 98

Error Resolution Payee Payment APIs and Integration Payments 98

Nanonets

JUNE 18, 2024

Introduction to Account Reconciliation Account reconciliation is the critical process of comparing your general ledger with internal and external sources. Account Reconciliation can be a fairly manual task, especially right before the monthly close. Why is Account Reconciliation so Important?

Reconciliation 52

Reconciliation Accounts Automation Credit Cards 52

PYMNTS

JANUARY 3, 2019

It also failed to start and complete reasonable error resolution investigations, the Bureau said. In addition, USAA violated the Consumer Financial Protection Act of 2010 by reopening previously closed deposit accounts without authorization from customers, or prior notice. million in civil money penalty.

CFPB 51

CFPB Consumer Financial Protection Bureau (CFPB) Error Resolution Funds Transfer 51

PYMNTS

JANUARY 25, 2018

The rule, initially passed, also modified requirements for the prepaid card industry in regards to official procedure on lost or stolen cards, error resolution and investigation, fee disclosures, access to account information and overdraft features, if offered in conjunction with prepaid accounts.

CFPB 52

CFPB Consumer Financial Protection Bureau (CFPB) Rules Error Resolution 52

Stax

NOVEMBER 11, 2024

ACH transfers, or payments made through the Automated Clearing House network, account for billions of dollars in payments annually. However, the use of ACH payments in B2B transactions accounts for a large portion of payments made through the network and grew by 17.4% in payment volume growth in Q4 2021. in Q4 2021.

ACH 88

ACH Checks Identity Theft Payments 88

FICO

MARCH 9, 2020

Beyond the ubiquitous gift cards, which are loaded once for a fixed amount, other types are reloadable and are used for applications such as payroll, government benefits, and health savings account (HSA) spending cards. Figure 2: Improving Fraud Detection.

AI 52

AI Fraud Detection Debit Card Error Resolution 52