The Payments Association

DECEMBER 16, 2024

In addition to navigating multi-country operations and handling diverse currencies for payments and receipts, they must also address foreign exchange (FX) riskor exchange rate risk. While external factors are harder to control, businesses can mitigate their impact through effective strategies. process inefficiencies).

International Payments

Fintech Finance

AUGUST 27, 2024

The burning and minting of EURI is enabled by the Fireblocks Tokenization Engine and secured by its Multi-Party Computation (MPC-CMP) technology. EURI will be available on the Ethereum and BNB Smart Chain blockchains and subject to transaction monitoring and risk assessments for fraud identification and general risk mitigation.

Stablecoins

Clearly Payments

JANUARY 8, 2024

By identifying potential vulnerabilities, merchants can take targeted actions to mitigate risks before they escalate. Currency and Exchange Rate Risk: For merchants involved in international transactions, currency fluctuations can impact the value of transactions. Exchange rate risk can lead to unexpected gains or losses.

Risk Management

The Fintech Times

AUGUST 28, 2024

The burning and minting of EURI is enabled by the Fireblocks tokenisation engine and secured by its multi-party computation (MPC-CMP) technology. EURI will be available on the Ethereum as well as the BNB Smart Chain blockchains and subject to transaction monitoring and risk assessments for fraud identification and general risk mitigation.

Stablecoins

Fintech Finance

OCTOBER 11, 2024

Bank is subject to more stringent approval processes for new bank products, services, markets, and stores to ensure the AML risk of new initiatives is appropriately considered and mitigated. ” A significant, multi-year effort is required to implement a strong, effective, and sustainable AML program. balance sheet. “Our U.S.

AML

Nanonets

AUGUST 23, 2023

AI document processing should capture documents from multiple sources A robust AI document processing tool should support API calls, Zapier integration, multiple formats (such as PDF, JPEG, PNG, TIFF), and even multi-page documents. This ensures that all necessary data is collected regardless of source or format.

Process

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

Nanonets

MAY 6, 2024

  Automation tools mitigate the risks associated with manual reconciliation processes by automating repetitive tasks and providing robust error-checking mechanisms.   BlackLine also provides configurable dashboards and reports that offer insights into reconciliation status, performance metrics, and audit trails.

Reconciliation

Nanonets

APRIL 29, 2024

It employs encryption, access controls, and audit trails to protect sensitive financial information. It is a valuable tool for businesses of all sizes, helping them effectively manage their finances, mitigate risks, and ensure financial integrity.

Reconciliation

Nanonets

APRIL 5, 2024

Data management 4 4 Multi-language and multi-format processing 3 4 Supplier payment data validation 3 5 Compliance capabilities 3 5 Payment processing 4 5 Matching and approvals 4 4.5 Its key features include multi-entity and multi-subsidiary support, global payment processing, and advanced tax compliance capabilities.

Automation

Segpay

MARCH 10, 2025

Evaluate transaction fees, chargeback policies, and currency conversion rates to prevent unexpected expenses and optimize revenue retention. Look for a gateway that includes PCI compliance, fraud detection tools, chargeback mitigation strategies, and AI-driven risk analysis to protect transactions and user data.

Payment Gateways

Stax

FEBRUARY 28, 2024

Depending on your payment volumes, you may be able to access enterprise-level pricing that is fully customizable to your needs, i.e. whether you plan on processing multiple currencies. Don’t forget to conduct penetration testing and security audits to detect and address potential weaknesses.

Payment APIs and Integration

Nanonets

JUNE 29, 2023

The platform accommodates complex business processes such as multi-subsidiaries and purchase orders, bringing efficiency to even the most intricate accounting needs. Limited Accounting Controls: Divvy lacks an audit trail, which is a standard feature in accounting software, potentially limiting transparency and accountability.

Payment APIs and Integration

Nanonets

FEBRUARY 21, 2024

Conducted typically at the close of a shift or business day, cash reconciliation covers not only physical currency but also checks, credit and debit card transactions, electronic fund transfers, and newer forms of payment like digital wallets and mobile payment platforms.

Reconciliation

The Fintech Times

JUNE 11, 2024

As experts in foreign exchange, risk and compliance, with an unrivalled regulatory footprint, Convera’s financial network spans over 140 currencies and 200 countries and territories. We help our customers through these changes both at an operational and strategic level by assisting them with FX risk mitigation strategies.

Cross-Border Payments

Nanonets

AUGUST 14, 2023

Thankfully, the recent incorporation of AI into invoice processing has helped businesses mitigate many of these issues. The lack of a central repository for all invoices makes it difficult to maintain an audit trail. The AI can also learn and adapt to different invoice layouts, languages, trade regulations, and currencies.

AI

Nanonets

FEBRUARY 8, 2024

Tipalti is a fantastic solution for multi-dimensional businesses; it has multi-entity cloud architecture and can support payment methods in 120 currencies. Some of the ways this tool will give your AP team a leg up are: The multi-lingual self-service portal makes onboarding vendors and suppliers a breeze.

Finance

EBizCharge

MAY 15, 2024

Record Keeping: Finally, both parties maintain records of the transaction for accounting and auditing purposes. By integrating multiple payment methods and supporting various currencies, payment processors enable merchants to expand their reach and cater to a global customer base.

B2B

Fintech News

MARCH 1, 2025

Gox to the multi-million-dollar Ronin Network exploit, these biggest crypto hacks incidents arent just footnotes in blockchain history. The hacker returned a significant chunk of the stolen funds, highlighting the risks in DeFi protocols and the need for rigorous smart contract auditing. From the downfall of Mt.

Security

The Payments Association

APRIL 14, 2025

Understanding whats coming allows payments firms to mitigate risk, meet compliance obligations, and capitalise on strategic opportunities in a shifting regulatory environment. Evaluate how the proposed fee caps may affect your organisation’s revenue and cost structures, and develop strategies to mitigate potential financial impacts.

Regulations