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Fixing the audit gap in fintech: Why it’s time for a smarter approach

The Payments Association

Fintech is one of the dominant sectors that covers the innovation landscape globally and is evolving the economy to be more digital; yet, some processes in FinTech haven’t caught up with the momentum of transformation, such as audit readiness. One of the core principles of a strong audit trail is integrity.

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Ramp Introduces AI Agents to Automate Finance Operations

Fintech Finance

Ramp AI Finance Automation officially launches with a new set of AI agents that are meant to make the work of finance teams easier. Ramp’s smart automation helps businesses of all sizes cut down on manual tasks, increase productivity, and make decisions about money faster. “This isn’t just automation.

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Medius Launches Medius Payments to Fully Embed Payment Execution Into AP Automation

Fintech Finance

Medius , a leading provider of Accounts Payable (AP) automation and spend management solutions, has announced the launch of Medius Payments, an embedded payment solution that enables finance teams to securely approve and execute payments, all within one unified accounts payable platform.

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Decoding the FCA’s Safeguarding reforms: Practical steps for payments and E-money firms

The Payments Association

Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. Safeguarding audits: Firms are required to arrange safeguarding audits to assess compliance with the rules.

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FloQast Achieves ISO 42001 Certification, Setting the Standard for Ethical AI in Accounting

FloQast

As we continue to push the boundaries in the AI space , our AI-powered tools help accounting teams do more with lessenhancing decision-making, uncovering insights, and reducing repetitive tasks through intelligent automation. External Validation Through Audits Lastly, our AI framework was put through a rigorous external audit.

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AI for QuickBooks: Automate invoice and AP management

Nanonets

It adds another layer of AI-powered automation to your QuickBooks workflows, enabling you to automate information capture, approval routing, and invoice posting. You will need to combine QuickBooks' native features with specialized AI tools like Nanonets to build a more comprehensive financial automation strategy.

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Modernizing Government Payment Systems for Efficiency and Trust

Clearly Payments

The Case for Modernizing Payment Systems Modernizing payment processing systems can unlock a host of benefits for government agencies: Enhanced Efficiency: Automated processes reduce manual errors, speed up payment reconciliation, and lower operational costs.