Nanonets

APRIL 24, 2024

Audit Bank Reconciliation Guide  Both internal and external accounting audits are essential parts of financial management as well as organizational risk management. A bank reconciliation audit is one such process that helps in identifying financial gaps or discrepancies. Looking out for a Reconciliation Software?

Reconciliation 52

Reconciliation Audit Procedures Correspondent 52

The Finance Weekly

JULY 19, 2022

FP&A software assists CFOs, finance leaders, and FP&A experts in ensuring the financial health of their organization by tracking and analyzing current outcomes and forecasting future performance. FP&A stands for "financial planning and analysis," and is the backbone of the modern finance department. Conclusion.

CRM 240

CRM Finance Database Automation 240

Nanonets

JANUARY 1, 2024

In this blog, we'll delve into what invoice audits entail and why they are crucial for the financial integrity of businesses. What is an Accounts Payable Audit?    An Account Payable Audit is a process by which the financial records of the accounts payable department are examined by an auditor.

Audit 52

Audit Automation Compliance Verification 52

The Finance Weekly

OCTOBER 31, 2021

Many of the same financial issues that profit-seeking enterprises face, such as increasing revenue, managing audits, and dealing with compliance, encounter non-profit organizations (NPOs). By managing and planning finances, you can maximize the return of your activities. Be vigilant with your finances.

Audit 130

Audit Accounts Finance Compliance 130

Neopay

JUNE 20, 2025

The following statistics are from the UK Finance Annual Fraud Report 2025. Key Statistics from 2024 (UK Finance Annual Fraud Report 2025): £1.45 Here’s how we can support you: Fraud prevention audits : Our audits identify vulnerabilities in your company’s security and payment procedures.

Continuity 52

Continuity Security Fraud Prevention Law Enforcement 52

Fintech Finance

MARCH 3, 2025

Issued by Ernst & Young (EY), a leading independent auditing firm, the SOC 2 Type II certification is a rigorous assessment for operating effectiveness of a service providers internal controls. The audit firm will conduct annual reviews, and Antom will continue its recertification process.

Fraud Prevention 52

Fraud Prevention Fraud Detection AI Risk Management 52

The Payments Association

FEBRUARY 10, 2025

Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence. Strengthening KYC procedures is critical, ensuring that verification extends beyond master account holders to individual vIBAN end users.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Finance

OCTOBER 14, 2024

Orbital’s compliance was verified through a rigorous audit conducted by A-LIGN , a globally respected Certified Public Accountant (CPA) firm. This process involved an in-depth examination of Orbital’s internal controls, policies, and procedures across multiple AICPA Trust Services Criteria.

Compliance 95

Compliance ISOs Procedures Audit 95

PYMNTS

OCTOBER 9, 2020

By helping firms scope appropriately sized audits and dynamically modify controls, Strike Graph seeks to take away the confusion around cybersecurity audit and certification procedures. million through its first round of financing. Zira Technologies , a workplace management technology platform, has notched $3.1

Automation 107

Automation Compliance Audit Cybersecurity 107

VISTA InfoSec

NOVEMBER 12, 2024

So, in a world where regulatory scrutiny is increasing, especially in sectors like finance and healthcare, SaaS companies must align with PCI DSS to meet regulatory requirements to authorize transactions and avoid penalties, fees, or, in severe cases, a ban on processing credit cards by major payment brands (e.g. and 10.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

So, in a world where regulatory scrutiny is increasing, especially in sectors like finance and healthcare, SaaS companies must align with PCI DSS to meet regulatory requirements to authorize transactions and avoid penalties, fees, or, in severe cases, a ban on processing credit cards by major payment brands (e.g. and 10.2 ).

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

FloQast

FEBRUARY 19, 2025

He brings over 13 years of experience, providing clients with business and technology audits, as well as providing control design assessment and process improvement services. Xavier has led numerous SOX and Internal Audit engagements for clients ranging from start-ups to Fortune 500 companies throughout his career at CFGI.

Advisors 52

Advisors Compliance Risk Audit 52

Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Audit 40

Audit Automation Risk Assessment Assessments 40

Fintech Finance

MAY 1, 2025

Unlike generic large language models or probabilistic AI tools, the AI Agent is auditable by design and delivers verifiable, rapid results built on existing connectivity and a deep understanding of how enterprise payment systems and workflows work. Centralized communication and AI-driven workflows keep teams aligned and efficient.

Treasury 59

Treasury AI Duplicate Payments 59

FloQast

FEBRUARY 14, 2024

In the fast-paced finance and accounting world, keeping up with regulations and ensuring a smooth Close are crucial organizational processes. Let’s take a look at how FloQast helped the Director of SOX Compliance and Head of Internal Audit at a.k.a Brands’ accounting procedures. With its Close operating smoothly, a.k.a

Compliance 105

Compliance Reconciliation Close Processes Automation 105

Fintech Finance

NOVEMBER 18, 2024

Leading audit, tax and consulting firm RSM UK is encouraging payment providers and other interested parties to respond to the FCA consultation which closes on December 17 th. Specifically review procedures for fund identification, recording, reconciliation, and evaluate existing safeguarding methods and third-party arrangements.

Consulting 97

Consulting Payments Regulations Procedures 97

Stax

DECEMBER 4, 2023

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. Often, it’s also used for the financing of terrorism making the world highly unsafe. Let’s get started. But training can’t be a one-off practice.

Money Laundering 88

Money Laundering Compliance AML Due Diligence 88

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s. The situation has changed now.

Audit 40

Audit Automation Risk Assessment Payment APIs and Integration 40

Stax

JANUARY 8, 2024

To establish an effective risk management program as a PayFac, you must establish a dedicated risk management team, utilize the right tools and technology, develop proper risk management policies and procedures, conduct regular risk audits, and stay up-to-date with the latest industry regulations.

Risk Management 88

Risk Management Risk Money Laundering Mitigation 88

FICO

MARCH 24, 2021

Trade finance has traditionally been a resource-intensive manual process because global trade still depends on paper documents, making it susceptible to documentary fraud. A shift away from established documentary trade payment and financing mechanisms toward less complex and less expensive open-account terms.

Money Laundering 98

Money Laundering SARS Fincen Financial Crimes 98

EBizCharge

MARCH 18, 2025

Integrating a payment gateway into Sage 100 When integrated with a trusted payment gateway , merchants can leverage their Sage 100 system to streamline their finance, accounting, inventory, and sales operations. This gateway integration should also provide detailed reporting tools for better decision-making and growth initiatives.

Credit Cards 52

Credit Cards Process Security Data Breach 52

The Paypers

JUNE 12, 2025

At the same time, SEON will serve as a unified solution for teams managing both fraud and AML compliance, helping them detect risks proactively, resolve cases faster, and keep records audit-ready.

Money Laundering 41

Money Laundering AI AML Financial Crimes 41

Open Banking Excellence

SEPTEMBER 21, 2023

We live in uncertain times,” Zbyněk Stanjura, Minister of Finance of Czechia, said. This should include policies, procedures, protocols, and tools needed to protect your organisation’s assets. Here are some of the steps organisations should follow when preparing for DORA.

FinTech 130

FinTech Compliance Regulations Non-Bank 130

PYMNTS

APRIL 22, 2016

Bank of America Merrill Lynch is releasing an upgrade to its trade finance processing tool in an effort to help corporate treasurers streamline document management. Other features are geared towards facilitating document identification for auditing and transaction approval purposes.

Finance 40

Finance Procedures Audit Facilitators 40

Fintech Review

JUNE 18, 2024

Standardize portfolio management procedures and segregate duties to minimize operational risk. Ensure auditability and the future success of the fund by keeping detailed records of transactions, valuations, and investor communications. Best Practices for Hedge Fund Operations Implement strong governance and oversight.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

Neopay

JANUARY 2, 2024

Why are internal controls, such as policies and procedures, critical for organisations in ensuring compliance with financial regulations? Policies and procedures form a key part of effective governance within any firm. Neopay typically engages with the firms to acquire key documentation, such as policies and procedures.

Regulatory Compliance 59

Regulatory Compliance Compliance Audit Procedures 59

Finextra

JULY 7, 2025

This includes implementing robust access controls, multi-factor authentication, and regular security audits. This includes implementing data quality metrics, data lineage tracking, and data auditing processes. Model Auditing: Regularly auditing AI models to ensure compliance with regulations and ethical guidelines.

AI 59

AI Payment APIs and Integration Audit Governance 59

FloQast

MARCH 25, 2024

Through automation, teams can respond quickly to evolving compliance requirements, industry fluctuations, and changing business needs as they have an accurate picture of the organization’s finances. In finance, automation allows organizations to improve efficiency, accuracy, and agility.

Close Processes 105

Close Processes Compliance Automation Risk 105

The Payments Association

OCTOBER 23, 2024

In addition to updating policies and procedures, many firms may need to make significant operational changes, including to their funds flows. Enhanced reconciliation, audit, and reporting requirements will create additional administrative burdens and could increase the risk of supervisory and enforcement action.

Rules 88

Rules Payments Institute Authorization Reconciliation 88

Fintech Finance

JUNE 13, 2024

The adoption of procedures like this makes EBANX and its technology even more secure and reliable, and this is even more important for a company that has operations in 29 countries, teams across Latin America, Africa and Europe, in the United States, China, Singapore and other countries in Asia, and serves merchants around the world.

ISOs 81

ISOs Privacy Best Practices Compliance 81

The Payments Association

MAY 16, 2025

Key areas of impact include fraud prevention, card fee structures, accessibility standards, stablecoin usage, and the treatment of consumer data in evolving open finance ecosystems. Next steps/action required: Commission a digital accessibility audit of all consumer-facing platforms and payment interfaces.

Regulations 88

Regulations ISO 20022 Cross-Border Legal 88

The Payments Association

OCTOBER 11, 2024

Firms must prepare for these changes by improving their internal processes, conducting audits, and adapting to new compliance requirements to ensure seamless implementation of the FCA’s reforms. What’s next?

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88

Nanonets

SEPTEMBER 21, 2023

Finance automation  is revolutionizing the way businesses manage their financial processes, streamlining operations, and maximizing productivity. The benefits of  finance automation  are vast and impactful. Implementing finance automation requires careful consideration and planning.

Automation 52

Automation Finance Assessments Compliance 52

The Fintech Times

SEPTEMBER 13, 2024

The strategy of Finastra has been to adopt an open finance approach, allowing clients to seamlessly integrate solutions from fintechs from our partner network through open APIs, to streamline processes, better manage risk and deliver added value.” . “In such a fast-moving environment, the power of ecosystems cannot be understated.

Compliance 72

Compliance FinTech Reconciliation Audit 72

The Finance Weekly

MAY 14, 2024

Understanding Inventory Management Inventory management covers all the practices and systems that control how a business's products flow - from ordering to receiving, storing, tracking, and handling the finances of all the items a company sells. Having a good handle on your inventory is crucial for any business selling products.

On-Demand 130

On-Demand Checks SWIFT Product 130

Neopay

DECEMBER 5, 2024

Proliferation Financing (PF) In response to the 2022 changes in the Money Laundering Regulations (MLRs), the Guide now explicitly addresses the need for firms to conduct PF risk assessments. This aligns with the growing focus on preventing the financing of weapons proliferation.

Financial Crimes 52

Financial Crimes Crime Money Laundering Risk Assessment 52

Trade Credit & Liquidity Management

MAY 29, 2025

Invest in Continuous Training: Regularly train finance, accounting, and compliance teams on evolving e-invoicing mandates and international invoicing standards. This collaboration helps avoid discrepancies and audit risks.

ISO 20022 52

ISO 20022 ISOs Compliance Cross-Border 52