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This Week in Fintech: TFT Bi-Weekly News Roundup 03/07

The Fintech Times

Stacks AI , a startup focused on automating the financial close process, appoints former Plaid and McKinsey executive Farid Sedjelmaci as COO. Identity verification platform IDnow has partnered with biometric authentication provider Keyless to enable ongoing user authentication beyond onboarding.

FinTech 59
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How mortgage automation can streamline your lending business

Nanonets

The mortgage automation process involves several steps, from application submission to funding. Here are some of the common steps involved: Document Collection and Verification: In this step, the borrower's documents are collected and verified for authenticity.

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How The COVID-19 Pandemic Is Driving Remote Online Notarization?s Adoption

PYMNTS

The desire to digitize the real estate closing process is not new. Electronic real estate closings, or eClosings, have been available since the early 2000s. Such tools allow the entire closing process to be done online, enabling consumers to access the digital services they need while physical notary sessions remain restricted.

Legal 52
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Best Reconciliation Software

Nanonets

Timely completion of the financial close process helps stakeholders in decision making and reporting. Secure : Xero is secure, with data encryption and two-factor authentication. BlackLine BlackLine is a cloud-based software platform that automates and streamlines the financial close process.

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How to select the best accounting software for your business?

Nanonets

Look for software that offers robust security features such as data encryption, password protection, and multi-factor authentication. The software then extracts data from scanned documents, validates the authenticity of the document, and uploads the data into the system of your choice.

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Maximizing Efficiency in Financial Statement Preparation with Automation

FloQast

We’re talking about faster processes and workflows instead of lengthy and tiresome manual processes. When Berlin-based GetYourGuide automated large chunks of its closing process, it went from a 20-day close to 7 days. Automation Leads to Better Productivity This should be obvious.

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The best reconciliation software and tools in 2023

Nanonets

Reconciliation software is a specialized application that automates and streamlines the financial closing process for businesses. SolveXia SolveXia is a no-code automation solution designed to optimize team productivity and automate financial close processes. What is reconciliation software? Sources: [link] [link] 2.