FloQast

NOVEMBER 20, 2024

Efficient account reconciliations is a cornerstone of modern accounting practices, demanding precision and speed to keep pace with today’s financial landscape. The Challenges Financial Complexity: Managing transactions across various platforms can lead to inconsistencies, making reconciliation a complex task.

Reconciliation 105

Reconciliation AI Transactions Accounts 105

Fintech Finance

MARCH 25, 2025

SAP Fioneer , a leading global provider of financial services software, today announced a significant advancement in its Virtual Account Management (VAM) solution, unveiling plans for AI-driven enhancements that will redefine the future of banking payments.

AI 76

AI Accounts Reconciliation Cash Management 76

The Finance Weekly

MAY 20, 2024

What Is Bank Reconciliation? Bank reconciliation is a process companies use to ensure that their recorded cash balances align with the actual cash held in their bank accounts. Nevertheless, banks still manage most business accounts, and the same reconciliation procedures can be applied to these other cash positions.

Reconciliation 130

Reconciliation Adjustments Best Practices Wire Transfer 130

FloQast

MAY 15, 2024

Ascent Aviation Services , a leader in aviation maintenance and repair based in Marana, Arizona, faced significant challenges in its accounting operations. The month-end Close process suffered from recurring errors, a lack of accountability, and time-consuming reconciliations across numerous bank and general ledger (GL) accounts.

Reconciliation 105

Reconciliation Automation Close Processes Accounts 105

FloQast

MARCH 13, 2024

In the world of accounting, the reconciliation process stands as a critical linchpin, ensuring the accuracy and integrity of financial data. As companies navigate complex financial landscapes, the need for streamlined reconciliation processes has never been more pronounced.

Reconciliation 98

Reconciliation Automation Compliance Mitigation 98

FloQast

MARCH 27, 2024

For a profession that digests a volume of data that many others might not think possible, the onus on accountants to ensure accuracy consistently can seem daunting. This is, of course, precisely why reconciliations are so core to the accounting function. Let’s take a look.

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

Fintech Finance

FEBRUARY 13, 2025

NYSE: CPAY), a global leader in corporate payments, is thrilled to announce that Corpays Cross-Border business has introduced Multi-Currency Accounts, enabling ever-growing businesses to expand their global footprints while enjoying hassle-free and seamless foreign currency management, in one single point of access. Corpay, Inc.

Multi-Currency 69

Multi-Currency Cross-Border Accounts Payee 69

FloQast

JANUARY 22, 2025

Precision and adaptability are crucial in todays accounting environment. For finance and accounting professionals, using tools that drive efficiency isnt just helpfulits essential. The platform is designed to address real pain points that finance professionals face daily, from reconciliation bottlenecks to process transparency.

Accounts 52

Accounts Reconciliation Audit Finance 52

Fintech Finance

FEBRUARY 17, 2025

Over time, these accounts will also provide Yonder with valuable data insights to support some credit decisions like increasing customer credit limits. The post Yonder Partners With Griffin to Launch Top-Ups and Simplify Payments Reconciliation appeared first on FF News | Fintech Finance.

Payment Reconciliation 59

Payment Reconciliation Reconciliation Credit Cards Payee 59

EBizCharge

NOVEMBER 27, 2024

Enter the Internet merchant account, a key player in this financial ecosystem. By understanding the components and processes involved in Internet merchant accounts, businesses can streamline their payment operations and provide a seamless shopping experience. What is an Internet merchant account?

Accounts 52

Accounts Payment Gateways Gateways Payment APIs and Integration 52

FloQast

SEPTEMBER 25, 2024

The accounting profession is at a crossroads. 75% of CPAs set to retire in the next 10 years Accounting majors from 2021-2022 dropping 18% from the previous decade — and 7.8% Accountants are burning out, and that’s obvious. FloQast found that a stunning 63% of accountants weren’t sure they’d stay in the industry at all.

AI 105

AI Accounts Reconciliation Automation 105

The Payments Association

FEBRUARY 10, 2025

Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions. The primary focus on monitoring master accounts leaves an oversight gap that can be exploited for illicit financial activities. Previous slide Next slide What are vIBANs?

IBAN 88

IBAN AML Master Account Due Diligence 88

Paystand

JANUARY 17, 2025

Table of Contents What is account reconciliation? Why is account reconciliation important? How to perform account reconciliation: step-by-step process Types of account reconciliation Streamline reconciliation with Paystand

Reconciliation 52

Reconciliation Accounts Process Automation 52

The Payments Association

JANUARY 13, 2025

Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. Immediate safeguarding of funds: Firms must ensure that customer funds are directly deposited into safeguarding accounts upon receipt.

Compliance 88

Compliance Audit Legal Reconciliation 88

The Fintech Times

MARCH 19, 2025

“By simplifying reconciliation, improving security, and tailoring card usage to specific claims, virtual cards deliver significant benefits for both insurers and their customers. This is made possible by setting up e-money accounts that are integrated with and utilise payment schemes such as Faster Payments and SEPA.

Payment Solutions 104

Payment Solutions Product Process Reconciliation 104

FloQast

MARCH 19, 2025

In an industry facing an extreme talent shortage, combined with rapidly evolving technology, Artificial Intelligence (AI) agents should be a top priority for all accounting departments to evaluate this year. Use Cases of AI Agents AI in accounting is not new, although there have been significant advancements in recent years.

AI 52

AI Accounts Fraud Detection Audit 52

Fintech Finance

OCTOBER 22, 2024

HSBC have launched a new cross border e-commerce payment solution for banks worldwide, enabling their merchant business customers trading on e-commerce sites to seamlessly receive EUR and GBP payments via their local bank account. Merchants can therefore access their funds more quickly and without additional cost.

Cross-Border 98

Cross-Border Accounts Cross-Border Payments Reconciliation 98

Fintech Finance

DECEMBER 3, 2024

PayRetailers’ updated Pix solution has been tailored specifically for Brazil’s sports betting market, ensuring operators comply with new regulations that require payments to be processed only through bank accounts registered to individual players.

Regulations 98

Regulations Account Validation Compliance Automation 98

Stax

MAY 6, 2025

Volume caps, poor integrations, manual reconciliation, and clunky mobile checkout are all signs your current system wont scale with you. Youll need a payment solution that automates billing, supports usage-based pricing, and seamlessly connects to CRMs, accounting tools, and other parts of your financial infrastructure.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Volume Payments 88

TechCrunch Fintech

FEBRUARY 27, 2024

For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a lot of interest.

Treasury Management 110

Treasury Management Accounts Treasury Reconciliation 110

The Payments Association

MAY 16, 2025

Additionally, centralised reporting simplifies financial reconciliation and compliance efforts, enhancing control and accountability for finance and operations teams. Furthermore, automated reconciliation tools eliminate the need for manual tracking, reducing errors and streamlining finance team operations.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

Fintech Finance

OCTOBER 31, 2024

Chargeback Management, Automated Reconciliation and Compliance Reporting: A set of services designed to streamline dispute and chargeback management, simplifying administrative workflows and ensuring regulatory and network compliance, enabling fintechs and their sponsors to operate with greater efficiency, documentation and transparency.

Compliance 95

Compliance Risk Push-to-Card Scams 95

Clearly Payments

APRIL 8, 2025

Operations: Streamlining Payment Processes to Reduce Friction Payments touch nearly every part of an enterprise: finance, accounting, customer support, compliance, IT, and beyond. When those systems dont work in harmony, you end up with slow settlement times, reconciliation headaches, and poor customer experiences.

Consulting 89

Consulting Payments Cross-Border Due Diligence 89

Fintech Finance

DECEMBER 5, 2024

The initial integration will provide the following benefits: Eliminate complexity, gain insight: Further automate financial processes with integration of accounts and payment-enabled invoices to ascertain revenue and cashflow positions.

Small Business 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

Fintech Finance

SEPTEMBER 11, 2024

The Capgemini Research Institute’s World Payments Report 2025 , published today, reveals an industry set to be reimagined with account-to-account and instant payments. Now celebrating its 20th anniversary edition, the report predicts instant payments will account for 22% of all non-cash transaction volumes by 2028 globally.

Instant Payments 98

Instant Payments Accounts Innovation Non-Bank 98

The Fintech Times

MARCH 26, 2025

Utilising Extend Extends web and mobile app enables businesses to: Pay vendors with unique virtual cards to increase control and security Keep accountability over employee spending Reduce and streamline reimbursements for uncarded workers Manage subscription payments Automate bill-back reconciliation for client expenses Track tail spend Extend CEO, (..)

Agreements 99

Agreements B2B Reconciliation Credit Cards 99

Fintech Finance

OCTOBER 17, 2024

Worldline [Euronext: WLN], a global leader in payment services, today announces the launch of its account-to-account payment method named “Bank Transfer by Worldline”. From other similar payment methods, we know our customers feel safe paying with their bank account.

Accounts 96

Accounts Cross-Border Payer Payments 96

Paystand

MARCH 31, 2025

Table of Contents What is NetSuite Bank Reconciliation? Why is Account Reconciliation Important? The process uses tools like the Match Bank Data page, intelligent transaction matching, and reconciliation reports. Semantic terms like bank account, transaction types, and the statement balance field play key roles.

Best Practices 52

Best Practices Reconciliation Rules Automation 52

Fintech Finance

DECEMBER 6, 2024

With BlueSnap and Zuora, customers can improve authorization rates , simplify reconciliation, and unify reporting, all within a native Zuora experience. With Automatic Account Updater, BlueSnap automatically updates customer payment information to keep it up to date.

Payment Gateways 98

Payment Gateways B2C Payments Reconciliation 98

Fintech Finance

FEBRUARY 5, 2025

Transfeeras solution ensures compliance with new regulations that mandate payments be processed exclusively through bank accounts registered to individual bettors. It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions.

Regulations 72

Regulations Central Bank Account Validation Fraud Prevention 72

Nanonets

DECEMBER 26, 2024

Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. Streamlined Financial Processes Automating AR reduces the time and effort required for tasks like invoicing, collections, and reconciliation.

Automation 52

Automation Accounts Duplicate Finance 52

The Fintech Times

FEBRUARY 27, 2025

“Third is invoicing and accounts payable. “And lastly, after vendors are paid, is what an enterprise does with cash on hand, i.e., treasury and cash management, which can be a real thicket across hundreds of financial entities and accounts. . AI streamlines vendor selection, contract management, and performance tracking.

AI 76

AI FinTech Fraud Detection Automation 76

FloQast

OCTOBER 30, 2024

FloQast is making waves in the accounting world with the launch of our Accounting Transformation Platform. This isn’t just an upgrade — it’s a rethinking of how accounting teams can operate. Let’s start with the platform itself. But we’ll get into those exciting additions later.

Automation 98

Automation Accounts Process AI 98

FloQast

JANUARY 10, 2024

So, the team set a November deadline — pretty aggressive considering the shift to remote work and everything that needs to be handled from an accounting perspective in order to do so. But Cricut’s small, but mighty, accounting team rose to the challenge.

Accounts 105

Accounts Reconciliation Compliance Close Processes 105

Fintech Finance

SEPTEMBER 27, 2024

Airbas e, the leading procure-to-pay solution for mid-market and larger organizations, is excited to announce a new era in financial operations with its launch of AI-powered Touchless AP (accounts payable). Airbase’s AI-powered touchless AP system is built to handle every step of the accounts payable process with minimal human intervention.

AI 97

AI Accounts OFAC Fraud Detection 97

Finovate

APRIL 17, 2025

The partnership will help Argentex optimize payment execution and give the firm advanced reconciliation capabilities. Second, Argentex will leverage advanced reconciliation capabilities to ensure accurate financial record-keeping and operational accuracy of both cross-border payments and associated FX trades.

Risk Management 59

Risk Management Risk Multi-Currency Reconciliation 59

Clearly Payments

MAY 13, 2025

The money is then securely deposited into your bank account. You accept the payment (unless auto-deposit is enabled), and the funds are transferred directly to your business bank account. If you have auto-deposit turned on, the money goes directly into your account without any manual step. For consumers, it’s simple.

Credit Cards 94

Credit Cards Online and Mobile Banking Settlement Processors 94