FloQast

MARCH 13, 2024

In the world of accounting, the reconciliation process stands as a critical linchpin, ensuring the accuracy and integrity of financial data. As companies navigate complex financial landscapes, the need for streamlined reconciliation processes has never been more pronounced. However, the path to automation is fraught with challenges.

Reconciliation 98

Reconciliation Automation Compliance Mitigation 98

Basis Theory

MARCH 27, 2025

Learn what payment reconciliation means to different industries, and how automation can make life easier for finance teams. Start reconciling better!

Payment Reconciliation 101

Payment Reconciliation Reconciliation Automation Process 101

The Finance Weekly

MAY 20, 2024

What Is Bank Reconciliation? Bank reconciliation is a process companies use to ensure that their recorded cash balances align with the actual cash held in their bank accounts. Nevertheless, banks still manage most business accounts, and the same reconciliation procedures can be applied to these other cash positions.

Reconciliation 130

Reconciliation Adjustments Best Practices Wire Transfer 130

Fintech Finance

NOVEMBER 13, 2024

Bank transfer also typically results in a cumbersome manual payment reconciliation process for brands: according to PwC, on average 30% of a finance team’s time is spent on manual reconciliation, with error rates between 0.8% Ease of payment significantly increases the likelihood of payment, so our next step was clear.

B2B 105

B2B Reconciliation Payments Payment Reconciliation 105

FloQast

NOVEMBER 20, 2024

Efficient account reconciliations is a cornerstone of modern accounting practices, demanding precision and speed to keep pace with today’s financial landscape. The Challenges Financial Complexity: Managing transactions across various platforms can lead to inconsistencies, making reconciliation a complex task.

Reconciliation 105

Reconciliation AI Transactions Accounts 105

The Payments Association

MARCH 19, 2025

Crypto & tokenised payments are reshaping payment workflowssmart contracts enable instant, automated transactions, reducing reliance on intermediaries and improving efficiency. The Problem with manual reconciliation Despite the need for real-time processing, many firms still rely heavily on manual reconciliation methods.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

Fintech Finance

NOVEMBER 26, 2024

Arab Financial Services (AFS) , the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a strategic partnership with PayTic , a Software-as-a-Service company specializing in end-to-end automation of process-heavy card program operations.

Reconciliation 98

Reconciliation Automation Mitigation Digital Payments 98

Fintech Finance

JANUARY 23, 2025

This cloud-based integration helps merchants automate and streamline invoicing, accept secure payments and automate reconciliation all within a single platform. Partnering with NMI, the platform of choice for so many SMBs, allows us to extend our automated invoicing and payment solutions to a broader audience.

Accounts 95

Accounts Embedded Payments Reconciliation ACH 95

The Fintech Times

FEBRUARY 20, 2025

If it is seen as the solution to all problems, a company is bound to fail: exploring the potential drawbacks of automating back-office operations, we reached out to the industry. “Another critical area to consider lies in the need to collate the data that enables you to automate those processes. .

Automation 64

Automation AI Consulting Process 64

FloQast

MARCH 27, 2024

This is, of course, precisely why reconciliations are so core to the accounting function. A few weeks ago, we looked at the specific challenges surrounding the reconciliation process. Reconciliations Then vs. Now If you haven’t had a chance to take a look at last week’s post, I’ll do you a solid. Let’s take a look.

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

The Fintech Times

OCTOBER 1, 2024

Cardaq , a card issuing and acquiring specialist serving low and medium-risk businesses, has selected a solution from Kani Payments , the global data reconciliation and reporting platform, to support its regulatory and compliance reporting, as well as other payment functions.

Reconciliation 69

Reconciliation Compliance Automation Regulatory Compliance 69

The Fintech Times

MARCH 19, 2025

“By simplifying reconciliation, improving security, and tailoring card usage to specific claims, virtual cards deliver significant benefits for both insurers and their customers. It will automate the reconciliation of invoices with claim payouts, and reduce paperwork and delays.

Payment Solutions 104

Payment Solutions Product Process Reconciliation 104

Fintech Finance

FEBRUARY 17, 2025

The post Yonder Partners With Griffin to Launch Top-Ups and Simplify Payments Reconciliation appeared first on FF News | Fintech Finance. With these additions, Yonder is able to give its customers more control over how they spend credit while still enjoying all the rewards.

Payment Reconciliation 59

Payment Reconciliation Reconciliation Credit Cards Payee 59

The Fintech Times

FEBRUARY 5, 2025

As a direct participant of Pix, Brazils instant payment system, and as a regulated Payment Institution, Transfeera automates compliance processes for betting operators, providing real-time CPF (Cadastro de Pessoas Fsicas) and bank account validation.

Compliance 59

Compliance Automation Rules Central Bank 59

Fintech Finance

MARCH 25, 2025

By eliminating the complexities of traditional account structures, VAM simplifies reconciliation, enhances cash management, and delivers a superior customer experience. “Our enhanced VAM solution, infused with AI, represents a paradigm shift in payment management, offering banks the tools they need to stay ahead of the curve.

AI 76

AI Accounts Reconciliation Cash Management 76

Fintech Finance

DECEMBER 3, 2024

PayRetailers’ solution automates this process while retaining the speed and convenience that Pix is known for, allowing betting operators to seamlessly integrate compliance into their existing payment workflows. It also supports multiple registered accounts for bettors, streamlining the payment process while maintaining compliance.

Regulations 98

Regulations Account Validation Compliance Automation 98

FloQast

OCTOBER 21, 2024

With lines upon lines of figures and the potential for human error looming overhead, manual bank reconciliation can quickly become a massive headache. There sure is: Automated bank reconciliation. Automating your reconciliations both limits the possibility of errors and significantly cuts the time and effort needed.

Reconciliation 52

Reconciliation Automation Process Best Practices 52

The Fintech Times

DECEMBER 19, 2024

Invoice automation firm, Basware has revealed that 90 per cent of organisations lack dedicated prevention teams, forcing accounting staff to juggle fraud management in addition to their regular responsibilities. Need for AP automation to combat fraud AP fraud is one of the most targeted types of fraud for businesses.

Automation 59

Automation AI Fraud Prevention Deepfake 59

Finextra

JANUARY 29, 2025

Aviva, one of the UKs leading insurance, wealth and retirement businesses, has chosen AutoRek, a leader in automated reconciliations, as their reconciliation and CASS tool.

Reconciliation 52

Reconciliation Automation 52

Nanonets

DECEMBER 26, 2024

Automation has revolutionized the way finance teams operate, with accounts payable (AP) automation being the go-to first step for businesses looking to improve efficiency and cut costs. But while automating AP is an important step, it’s only one side of the equation. Automating invoice approvals to streamline workflows.

Automation 52

Automation Accounts Duplicate Finance 52

Stax

MAY 6, 2025

Volume caps, poor integrations, manual reconciliation, and clunky mobile checkout are all signs your current system wont scale with you. Youll need a payment solution that automates billing, supports usage-based pricing, and seamlessly connects to CRMs, accounting tools, and other parts of your financial infrastructure.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Volume Payments 88

Fintech News

APRIL 21, 2025

The new solution provides access to local Automated Clearing House (ACH) systems in over 50 countries. Businesses can pay suppliers in their local currencies, helping to lower exchange rate and reconciliation costs, with clear references for each payment. The launch is targeted at members of Thunes’ Direct Global Network.

Business Payments 89

Business Payments Cross-Border Payment APIs and Integration Wire Transfer 89

The Payments Association

JANUARY 13, 2025

Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. For many of the smaller entities, this could necessitate hiring additional compliance staff or investing in automated systems.

Compliance 88

Compliance Audit Legal Reconciliation 88

The Finance Weekly

APRIL 5, 2022

Integrated working platforms, automation, and newer and faster ways to translate data into results are all constantly being improved. As automation has shown, everyone is better off when manual tasks are left to machines and more time is used for analyzing and planning. Productive finance teams. Acting on real-time data.

Automation 130

Automation Finance Financial Analysis Procedures 130

Finextra

JANUARY 29, 2025

DOO Clearing, the UK-based foreign exchange broker and liquidity provider as part of the global DOO Group, has chosen next-generation reconciliation software specialists, Aurum Solutions, to automate its reconciliations.

Reconciliation 52

Reconciliation Automation 52

Fintech Finance

DECEMBER 5, 2024

The initial integration will provide the following benefits: Eliminate complexity, gain insight: Further automate financial processes with integration of accounts and payment-enabled invoices to ascertain revenue and cashflow positions.

Small Business 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

The Fintech Times

FEBRUARY 27, 2025

Analysing real-time financial data Rob Israch, president, Tipalti, For Rob Israch , president, Tipalti , the firm automating finances, there are two primary ways in which fintech and AI have joined forces to improve the industry: quicker data analysis and better compliance.

AI 76

AI FinTech Fraud Detection Automation 76

Fintech News

DECEMBER 18, 2024

By embedding Taurus-PROTECT into Temenos Core, the integration automates key processes such as wallet creation, deposits, and transfers. It eliminates the need for complex integrations, reducing manual work and operational risks while ensuring real-time booking and reconciliation of digital asset transactions alongside traditional assets.

Reconciliation 110

Reconciliation Cryptocurrency On-Demand Automation 110

Fintech Finance

FEBRUARY 5, 2025

As a direct Pix participant and regulated Payment Institution, Transfeera automates compliance processes for betting operators, providing real-time CPF (Cadastro de Pessoas Fsicas) and bank account validation. It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions.

Regulations 72

Regulations Central Bank Account Validation Fraud Prevention 72

The Fintech Times

MARCH 26, 2025

Utilising Extend Extends web and mobile app enables businesses to: Pay vendors with unique virtual cards to increase control and security Keep accountability over employee spending Reduce and streamline reimbursements for uncarded workers Manage subscription payments Automate bill-back reconciliation for client expenses Track tail spend Extend CEO, (..)

Agreements 99

Agreements B2B Reconciliation Credit Cards 99

Fintech Finance

JANUARY 3, 2025

It simplifies payment management, automates reconciliation, and securely delivers virtual card payment information through an intuitive interface. Visa Commercial Pay will boost cash flow, eliminate outdated manual processes, and provide a comprehensive business spend solution.

Economy 98

Economy Online and Mobile Banking Electronic Banking Reconciliation 98

Nanonets

NOVEMBER 24, 2024

Introduction In today’s fast-paced business landscape, organizations are increasingly turning to AI-driven solutions to automate repetitive processes and enhance efficiency. Accounts Payable (AP) automation, a critical area in financial management, is no exception. Coding a multi-agent system to automate AP process.

Automation 52

Automation Accounts Payment APIs and Integration AI 52

Fintech Finance

DECEMBER 6, 2024

By integrating Zuora with BlueSnap, businesses can automate global payments acceptance for their subscription and recurring billing processes, accepting payments all over the world with local card acquiring in 40+ countries.

Payment Gateways 98

Payment Gateways B2C Payments Reconciliation 98

PYMNTS

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. and globally,” said Fordyce, adding that the pandemic has created even more opportunity for innovators to flex their AP automation muscles.

Automation 127

Automation B2B Point-of-Sale (POS) Payer 127

Paystand

MARCH 12, 2025

Multiple payment methods and flexible options AI and blockchain-powered automatic reconciliation Enterprise-grade financial reporting and analytics Digitized processes and smart receivables management Why choose a NetSuite payment solution that leverages blockchain and automation? Find the best NetSuite payment solution

Payment Solutions 65

Payment Solutions Reconciliation Blockchain Payments 65

FloQast

OCTOBER 30, 2024

FloQast’s Accounting Transformation Platform is designed to tackle the challenges accountants face every day, using advanced AI to streamline and automate processes. FloQast Journal Entry Management simplifies your workflow by automating the process of journal entries, reducing errors, and saving valuable time.

Automation 98

Automation Accounts Process AI 98

Fintech Finance

OCTOBER 31, 2024

Chargeback Management, Automated Reconciliation and Compliance Reporting: A set of services designed to streamline dispute and chargeback management, simplifying administrative workflows and ensuring regulatory and network compliance, enabling fintechs and their sponsors to operate with greater efficiency, documentation and transparency.

Compliance 95

Compliance Risk Push-to-Card Scams 95