Trade Credit & Liquidity Management

MAY 29, 2025

Key Challenges in E-Invoicing No Universal Standard: Diverse tax laws and business practices prevent a single global e-invoicing standard. However, the industry is moving toward best practices and standardized data formats such as ISO-20022 to ease cross-border invoicing.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52

Finextra

JULY 7, 2025

This article delves into the multifaceted reasons behind this phenomenon, exploring why organizations are choosing to keep their AI contained within the familiar confines of their data silos. This requires fostering a culture of collaboration, promoting data sharing best practices, and establishing clear data governance frameworks.

AI 59

AI Payment APIs and Integration Audit Government 59

Fintech Weekly

JUNE 10, 2025

Based on DevCom’s audit projects, we've seen companies incur avoidable costs due to inadequate review procedures. Best Practices for Internal Code Reviews Even if you don’t engage a third-party provider right away, you can still implement a solid review framework internally. Encourage learning, not gatekeeping.

Blockchain 78

Blockchain FinTech Payment APIs and Integration Web 3.0 78

VISTA InfoSec

JUNE 19, 2024

Therefore, this article explores the common cyber threats in video communication and provides strategies to mitigate them. Best Practices for Securing Video Communication Choose the Right Platform When evaluating different platforms, assess their security features comprehensively.

Risk 277

Risk Ransomware Phishing MFA 277

VISTA InfoSec

JUNE 26, 2024

This article highlights the need for robust cybersecurity strategies and how these can determine investment decisions. For instance, you can look at the company’s history of data breaches and their responses, the robustness of the cybersecurity infrastructure, and the presence of comprehensive security policies and procedures.

Cybersecurity 260

Cybersecurity Due Diligence Security Breach 260

Stax

MARCH 6, 2024

In this article, we’ll unpack the complexities of recurring billing for businesses operating or transitioning to a recurring billing payment option. Best Practices for Implementing Recurring Billing Now that we’ve discussed the fundamentals of recurring billing, let’s talk about how you can implement it successfully.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

EBizCharge

JUNE 20, 2024

This article will help set your business up for success by explaining AR, why it’s important, and best practices for optimizing your receivables. 13 accounts receivable best practices Adopting the best AR practices helps maintain consistent revenue, reducing the need for external financing and minimizing non-payment risk.

Best Practices 52

Best Practices Accounts Disputes Procedures 52

Nanonets

MAY 21, 2024

Seven Best Practices for Effective Account Reconciliations From Mesopotamia's rudimentary ledgers tracking livestock and crops to the second-century BCE Indian treatise " Arthashastra ", accounting has been a cornerstone of economic management in any civilized society.

Best Practices 52

Best Practices Reconciliation Accounts Payment APIs and Integration 52

FloQast

APRIL 7, 2024

In this article, we will look at best practices for enhancing your close and how automated software tools can help you reduce completion times. Accordingly, companies should implement a system to isolate and track each component of their close process as best practice.

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. However, without proper oversight and reconciliation procedures, petty cash can be susceptible to misuse, errors, or theft.

Best Practices 52

Best Practices Reconciliation Automation Procedures 52

VISTA InfoSec

AUGUST 22, 2023

This article delves into the intersection of GDPR and biometric data, with a focus on privacy concerns and regulatory compliance requirements. Nevertheless, specific exceptions detailed in Article 9 (2) provide flexibility to this prohibition. The AEPD reduced the initial fine of €3,150,000 due to voluntary payment.

Privacy 130

Privacy Legal Best Practices Compliance 130

VISTA InfoSec

FEBRUARY 28, 2024

In our ongoing series of articles on the Payment Card Industry Data Security Standard (PCI DSS), we’ve been examining each requirement in detail. Changes Core Focus Limiting database access to programmatic methods (apps, stored procedures) and database administrators. Requirement v3.2.1 (8.7) Requirement 8.3.6: password and token).

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

Trade Credit & Liquidity Management

APRIL 2, 2025

(Photo by Melinda Gimpel on Unsplash ) There is an efficient, inexpensive, and out-of-court option available for resolving and relaunching an insolvent business operation under Article 9 of the Uniform Commercial Code. The problem is that they are bound by laws and bureaucratic procedures that make efficient liquidation an impossibility.

UCC 40

UCC Returns Mitigation Best Practices 40

VISTA InfoSec

FEBRUARY 13, 2024

This proactive stance enhances Singapore’s resilience against cyber threats and also serves as a model for global best practices in cybersecurity. The aim of this article is to lay out key cybersecurity tips that are instrumental in safeguarding both the public and private sectors in Singapore from digital threats.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

The Finance Weekly

FEBRUARY 22, 2023

Kunwar Chadha, FCMA, CGMA, encapsulated this idea succinctly in his , FM magazine article stating, "The first task was to. While some small companies may seem profitable on paper, they may lack cash reserves due to inadequate accounting practices. report numbers accurately and make timely payments to employees and suppliers."

Finance 130

Finance Best Practices Accounts Advisors 130

The Payments Association

DECEMBER 16, 2024

This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations. Best Practices for Managing FX Risks Diversification Strategies Diversifying your currency portfolio is an effective risk mitigation approach. process inefficiencies).

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

Stax

DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). TL;DR An anti-money laundering (AML) program is a set of laws and procedures that seek to uncover attempts to disguise illicit money as legitimate. But training can’t be a one-off practice.

Money Laundering 88

Money Laundering Compliance AML BSA 88

VISTA InfoSec

NOVEMBER 12, 2024

Todays article is focused on PCI DSS compliance for SaaS (Software as a Service) companies. This includes preparing for potential threats, training staff on response procedures, and regularly testing the response plan ( Requirements 12.10.1 and 10.2 ). This validates your compliance and demonstrates your commitment to data security.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

Todays article is focused on PCI DSS compliance for SaaS (Software as a Service) companies. This includes preparing for potential threats, training staff on response procedures, and regularly testing the response plan ( Requirements 12.10.1 and 10.2 ). This validates your compliance and demonstrates your commitment to data security.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Fi911

MAY 22, 2024

In this article, we will delve into the topic of credit card payment reversals. Different types of payment reversals exist, each with distinct procedures and implications. That said, there are some best practices that merchants can deploy to prevent many payment reversals. Why Do Payment Reversals Happen?

Payer 104

Payer Address Verification System (AVS) Disputes Payee 104

Segpay

DECEMBER 13, 2024

Organizations must establish procedures for secure and compliant data deletion without compromising system integrity. This article was written by @SandeCopywriter on behalf of Segpay Feel free to contact Segpay if you have any further questions via sales@segpay.com * Questions & Answers Why is data privacy important?

Privacy 105

Privacy Compliance CCPA Authentication 105

Stax

JANUARY 8, 2024

This article will help your business’s stakeholders understand the various risk factors to watch out for as well as the different types of risk management strategies to employ. Operational risks Also known as strategic risks, these are risks that may stem from a PayFac’s unsound business practices or faulty decision-making.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

Segpay

MARCH 4, 2025

These five critical policies include a Content Management Policy & Procedures , a Consumer Age Verification Policy , a Complaint and Content Removal Policy & Procedures , a Third-Party Agreement , and a Chargeback and Fraud Mitigation Policy. The post Learning to Love Compliance appeared first on Segpay.

Compliance 40

Compliance Procedures Verification Best Practices 40

Clearly Payments

JANUARY 8, 2024

Chargeback Management Best Practices Chargebacks pose a significant challenge for merchants, impacting both financial stability and reputation. Implementing effective chargeback management practices is essential to minimize their occurrence and address disputes promptly. Read this article on what is a good chargeback rate.

Risk Management 97

Risk Management Risk PCI DSS Process 97

VISTA InfoSec

JULY 5, 2023

This widely accepted set of policies and procedures is designed to enhance the security of credit, debit, and cash card transactions, while also protecting cardholders from the misuse of their personal information. We have published a comprehensive article on the topic.

PCI DSS 130

PCI DSS Compliance Data Breach Breach 130

Fi911

JANUARY 4, 2024

Key International Laws Impacting Chargeback Processes The US led the world in payment card adoption, and as such, also adopted a leading role in developing chargeback rules and best practices. As we speak, plans are being made for additional revisions to the Payment Services Directive, which will be known as PSD3.

Disputes 105

Disputes Laws Rules Government 105

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. It can also help to teach them about best practices they can follow to prevent fraudulent transactions. Payfacs need to have regular AML screenings and strictly implement KYC procedures.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

FloQast

OCTOBER 27, 2023

Best Practices for Successful Compliance Management To implement an effective compliance management system, focus on best practices. Here are some compliance management best practices worth considering. Write clear internal policies and procedures : Staff at all levels must understand the rules.

Compliance 52

Compliance Best Practices Mitigation Procedures 52

FloQast

APRIL 8, 2024

In this article, we define what a SOX material weakness is and provide actionable strategies and best practices to avoid it. This includes identifying key controls, establishing clear lines of authority and responsibility, and ensuring that policies and procedures are well-documented and communicated.

Compliance 52

Compliance Audit Best Practices Risk Assessment 52

Fi911

NOVEMBER 7, 2023

Why is it non-negotiable for financial institutions across the globe, and how can you ensure that your institution is compliant with all AML procedures? This framework encompasses a series of regulations, policies, and procedures. These may align with industry best practices or other regulatory frameworks.

AML 52

AML Compliance Money Laundering OFAC 52

Nanonets

SEPTEMBER 25, 2024

In this article, we’ll explore applications of AI and automation for bank statement processing. We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.

Process 52

Process AI Best Practices Reconciliation 52

Nanonets

APRIL 5, 2023

In this article, we will explore the definition of intelligent process automation, its importance in modern businesses, the key technologies involved, benefits, challenges, use cases, and the future of IPA. Another challenge is the need for skilled personnel and expertise.

Automation 98

Automation Process AI Fraud Detection 98

PYMNTS

SEPTEMBER 27, 2016

A recent article by The Wall Street Journal showed fully autonomous robots picking and stacking goods in a Target distribution center in California. But, so what? What’s so bad about domestic and social isolation? The research is mixed on this.

Mobile Payments 72

Mobile Payments Online and Mobile Banking On-Demand Payments 72

Nanonets

MAY 31, 2023

This article explores the case for integrating AI into your finance function, the route to achieving it, and how your business can step change as a result. Technologies such as machine learning and natural language processing have revolutionized the finance function by automating and streamlining various financial procedures.

AI 122

AI Finance Fraud Detection Mitigation 122

EBizCharge

JULY 12, 2024

This article lays out essential strategies to construct a clear and comprehensive guideline for expenditure. This policy outlines acceptable expenses, the procedures for submitting expenses for reimbursement, and the roles and responsibilities of staff and management in the expense reporting process. What is an expense policy?

Best Practices 52

Best Practices Compliance Procedures Process 52

EBizCharge

JUNE 27, 2024

This article will explore the intricacies of DSO, its importance, calculation methods, industry standards, contributing factors, and effective management techniques. Now that you know how to calculate days sales outstanding and valuable tools to use, you can familiarize yourself with some best practices. What is DSO?

Best Practices 52

Best Practices Adjustments Assessments Automation 52

Core

MAY 18, 2023

With a streamlined RFP system, your agency can boost procedural efficiency and productivity across every stage of an RFP for content management and payment processing. In this article, CORE offers recommendations for conserving valuable resources you can then use to serve your constituents.

RFP 52

RFP Process Governance Government 52