The Finance Weekly

JUNE 5, 2024

Anaplan's customers are mostly enterprise companies with large finance teams and massive amounts of data. The all-cash transaction was valued at approximately $10.7 Facilitate data-sharing with stakeholders using APIs, ETL connectors, and built-in integrations. billion, and offered $66.00

AI 130

AI Audit API Use Case 130

Basis Theory

OCTOBER 1, 2024

Today, the framework introduced in the early 2000s outlines 12 PCI requirements that merchants must satisfy to process credit card transactions on the card networks. PCI Levels vary by card brand but are generally determined by an organization’s current or projected annual card transaction volume.

PCI DSS 88

PCI DSS Compliance Encryption Assessments 88

Fintech Finance

MARCH 12, 2024

requirements for data security at rest move beyond disk-level encryption to protection within applications. comforte’s Data Security Platform meets this requirement by inserting a protection layer into applications that buffers for tokenization or encryption of sensitive data. PCI DSS v4.0

PCI DSS 52

PCI DSS Compliance Encryption Real Time Payments 52

Segpay

JUNE 13, 2024

This underscores why businesses must implement robust cybersecurity measures to guarantee secured transactions in this digital landscape. 340,000 people lost personal and financial data. Best Practices for Securing Financial Transactions What can businesses and consumers do to ensure secure payment processing in this digital Wild West?

Best Practices 40

Best Practices Processors Transactions Security 40

EBizCharge

AUGUST 8, 2024

It captures transactional data, which, combined with other customer interactions tracked by Salesforce, can be analyzed to uncover purchasing patterns and preferences. Encryption, fraud detection systems, and regular security audits protect business financial information and customer payment data.

Processors 52

Processors Payment Gateways Fraud Detection Encryption 52

Nanonets

APRIL 23, 2024

It involves matching transactions and balances between internal accounting records, such as general ledger accounts, and also external records, such as bank statements or vendor invoices.    By reconciling accounts regularly, businesses can detect errors, discrepancies, and fraudulent activities.

Reconciliation 52

Reconciliation Accounts Multi-Currency Audit 52

Core

MARCH 19, 2024

Vendor payment fraud occurs when these transactions include inflated invoices, bills for goods or services that were not provided, or collusion with government employees to collect unauthorized payments. However, local governments often lack continuous transaction monitoring capabilities.

Fraud Detection 52

Fraud Detection Governance Government Compliance 52

Nanonets

APRIL 29, 2024

  In modern finance, where transactions occur at breakneck speed and fin-data volumes swell exponentially, the traditional methods of manual reconciliation are increasingly becoming inadequate. This is where balance sheet reconciliation software steps in to ensure speed, efficiency and accuracy in financial management.

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Stax

JULY 16, 2024

TL;DR PCI DSS is a set of protocols to be followed by companies that store, process, and transmit cardholder data. As such, any business that accepts and processes credit card transactions should be aware of PCI DSS compliance requirements. Encryption is a method that renders information useless to criminals when being transmitted.

PCI DSS 88

PCI DSS Compliance Credit Cards Encryption 88

FloQast

JANUARY 22, 2024

For example, grocery technology company Instacart moved from using Google Sheet checklists for month-end Close to an automated system that provided a complete audit trail of changes. The traditional method also has a lot of paper documentation to use as an audit trail. And the audit trail is also attached and quickly recovered.

Automation 52

Automation Reconciliation Audit Accounts 52

FloQast

MAY 13, 2024

From automated bookkeeping and bank reconciliations to AI-driven tax preparation and audit processes, these new technologies enhance efficiency and accuracy and give accountants more time to focus on higher-level, more strategic work. This technology offers an immutable ledger, reducing fraud risks and ensuring a clear audit trail.

Accounts 52

Accounts Technology Cybersecurity Audit 52

Nanonets

JULY 21, 2023

In addition to accelerating the reconciliation process, reconciliation software also enables an audit trail, significantly improving transparency and accountability. Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

EBizCharge

JUNE 4, 2024

Businesses are increasingly embracing Acumatica for its ability to streamline payment processing seamlessly, as it offers hassle-free, digitized transactions that befit the speed of modern commerce. A payment gateway acts as an intermediary between Acumatica and your financial institution, securely handling credit card transactions.

Credit Cards 52

Credit Cards Process Payment Gateways Best Practices 52

EBizCharge

AUGUST 23, 2024

As companies strive to keep pace with evolving transactions, understanding the nuances of these accounting methods becomes essential. Accounting systems are the methods and processes used to capture, record, classify, and report financial transactions. What are accounting systems? Manual vs Automated accounting: What’s the difference?

Automation 52

Automation Accounts Encryption Transactions 52

Nanonets

JUNE 13, 2024

Want automated data extraction capabilities once you upload your documents (meaning no data entry or creating templates) and transaction matching powered by ML algorithms (meaning AI matching) across documents you either upload, receive from an email or provide connection to the database ? Use CubeSoftware.

Reconciliation 52

Reconciliation Automation Accounts Close Processes 52

EBizCharge

AUGUST 16, 2024

This digital invoice contains all the transaction details in a structured format that business systems can directly process. Enhanced security: E-invoicing provides a higher level of security with data encryption and secure transmission protocols, minimizing the risk of invoice fraud.

Legal 52

Legal CRM Process Facilitators 52

Nanonets

SEPTEMBER 23, 2023

By replacing traditional manual methods with automated systems, accounting software saves time, reduces the risk of errors, and provides valuable insights into financial transactions. This not only saves time but also minimizes the risk of data loss. One important aspect to consider is scalability.

Small Business 52

Small Business Accounts Automation Compliance 52

Nanonets

APRIL 19, 2023

Machine/deep learning to assign data to specific labels : These technologies involve the use of algorithms that can "learn" to recognize and categorize data based on patterns and examples. Look for software that offers robust security features such as data encryption, password protection, and multi-factor authentication.

Accounts 52

Accounts Payment APIs and Integration Automation Process 52

Segpay

MARCH 10, 2025

Understanding the Basics of Gaming Payment Gateways A gaming payment gateway is a technology that facilitates online transactions between players and gaming platforms. It serves as an intermediary, securely processing payments and ensuring that sensitive data remains confidential. What is a Gaming Payment Gateway?

Payment Gateways 40

Payment Gateways Gateways Payment Solutions Payment APIs and Integration 40

Nanonets

SEPTEMBER 21, 2023

Furthermore, finance automation enhances compliance by ensuring that financial processes and transactions adhere to regulatory requirements. Automated systems can enforce control measures, flag potential risks, and generate accurate and auditable records, reducing the likelihood of compliance issues and associated penalties.

Automation 52

Automation Finance Assessments Compliance 52

VISTA InfoSec

MAY 5, 2025

Implement security controls Deploy required cybersecurity measures like multi-factor authentication (MFA), data encryption, and segregation of duties. Document and report compliance Maintain detailed records of assessments, audits, and actions taken. Also make sure you have the right to audit in all your agreements.

SWIFT 130

SWIFT Security Compliance MFA 130

The Payments Association

FEBRUARY 17, 2025

Companies will also need to gain a complete picture of any data encryption issues encountered and make regulatory checks to ensure compliance with GDPR, know-your-customer and anti-money laundering rules. Where possible, organisation-wide testing should be consolidated within a single, centralised platform.

Finance 88

Finance Innovation Payment APIs and Integration Assessments 88