The Payments Association

DECEMBER 9, 2024

Firms must adopt transparent AI practices, enhance regulatory frameworks, and continuously train models to navigate the evolving landscape of AI-driven threats. The strides that Artificial Intelligence (AI) has made across various industries have been well documented.

Privacy

Stax

JANUARY 23, 2025

Complex documentation requirements: Providing extensive and detailed documentation can be daunting, particularly for small businesses unfamiliar with the process. Provide complete documentation: Ensure all required business and financial records are accurate and up to date. These include the following.

Underwriting

VISTA InfoSec

MARCH 13, 2025

Maintaining an information security policy: Establishing a documented security strategy. PCI DSS emphasizes the importance of regular security training to ensure staff members understand the latest threats and best practices for safeguarding payment data. The latest version PCI DSS v.4.0

PCI DSS

Clearly Payments

NOVEMBER 18, 2024

This article outlines how to structure your chargeback management team, define roles, implement processes, select the right software, and adhere to best practices. Investigation Gather all relevant transaction details, including receipts, communications, and shipping documentation.

PCI DSS

Stax

MAY 7, 2025

The session covers topics including current regulations, changes to state laws, proper signage requirements, practical implementation strategies, and clarification on areas of industry confusion. He emphasized that offering alternative payment methods is not just a compliance requirement but also a customer service best practice.

ISVS

Fi911

JUNE 20, 2025

Document verification technology helps, but it isn’t foolproof. Fraudsters obtain genuine documents for synthetic identities through various means. Physical document checks must combine with database verification and behavioral analysis. Members share data, best practices, and technology solutions.

Identity Theft

The Payments Association

FEBRUARY 10, 2025

Natalie Lewis Partner, Travers Smith The guidance sets out the six principles to consider (top-level commitment, risk assessment, proportionate risk-based prevention procedures, due diligence, communication and training, monitoring and review), along with best practice examples.

Crime

Payments Dive

JUNE 12, 2025

senators are proposing legislation that would create a task force to study payment scams and suggest ways for lawmakers and regulators to combat them , along with formulating industry best practices. The problem is well-documented and a much-battled scourge across the payments industry.

Law Enforcement

Cardfellow

JUNE 7, 2025

I’ll get into best practices to minimize refunds later in this article. Refund Best Practices So how do you avoid having to provide excessive refunds? Get documentation of the customer’s approval in writing. Most of the time, for a few refunds here and there, the impact should be minimal.

Accounts

The Payments Association

FEBRUARY 10, 2025

Verifying the legal identity of vIBAN end users through documentation and independent data sources Gathering information on the intended use of the vIBAN, including its role in the customers financial activities, whether for payment reconciliation, invoicing, or another purpose.

IBAN

Trade Credit & Liquidity Management

JULY 14, 2025

Myths get in the way of implementing best practices. While requesting payment is part of a collector’s job, much of their time is spent resolving issues that prevent customers from paying, such as incorrect invoices, missing documentation, or delivery discrepancies.

Disputes

Neopay

JANUARY 30, 2025

Many firms struggled to retrieve proof of ID and address documentation, especially when third-party identity verification services were used. Get in touch to learn how we can support your firm in implementing best practices and building a stronger, more resilient financial ecosystem.

Financial Crimes

EBizCharge

APRIL 22, 2025

In addition to understanding the integration process, its important to understand best practices for managing Salesforce payments to ensure seamless payment operations. Provide training and documentation for users To maximize the benefits of your integrated payment system, ensure that your team knows how to use it effectively.

Payment APIs and Integration

EBizCharge

JUNE 25, 2025

This is not just best practice, it’s an explicit requirement of card network policies. Clear, visible signage isn’t just a best practice, it’s a required part of your compliance plan. You can access Mastercard’s official rules here.

Compliance

Finextra

JUNE 30, 2025

Goldman Sachs used generative AI to automate parts of its coding and document analysis, reporting significant productivity boosts. banks, e.g., enhancing customer chatbots, automating code and document generation and improving fraud detection with AI that can analyze unstructured data.

AI

EBizCharge

JULY 23, 2025

Just document your process, so you know what to fix. Best Practices for Ongoing Maintenance Importing your credit card transactions correctly is a great first step. Document your process: Keep track of how you import, what tools you use, and who’s responsible. If something goes wrong, don’t panic.

Credit Cards

Finovate

JUNE 12, 2025

In its most recent appearance, ID-Pal showed how its platform uses 100% AI-powered technology to provide real-time verification that detects AI-generated documents, deepfakes, injection attacks, and more. ID-Pal’s product news comes a month after the firm announced a partnership with UK-based financial services consultancy, Albany Beck.

Verification

Cardfellow

APRIL 27, 2025

With the Customized Approach, a businesss in-house team can analyze the requirements and the intent behind them, implement equivalent (or better) security, and provide their own documentation with an assessor to prove effectiveness. Now, youll need to review and document security risks more regularly. This is part of the 4.0

PCI DSS

Stax

FEBRUARY 19, 2025

This article explores how ISV partnerships can drive growth, key considerations when selecting an ISV partner, and best practices for successful collaborations TL;DR ISV partnerships help businesses access new customer segments and industries. Third-party security audits to ensure best practices are followed.

ISVS

EBizCharge

MAY 22, 2025

Thankfully, this article will guide you through best practices for streamlining invoicing and billing processes to transform financial management and operations. By implementing effective billing practices, your company can prevent late payments and improve cash flow. What is invoicing?

Process

EBizCharge

JULY 16, 2025

Integration strategies and best practices Start by connecting your core systems. Train your teams thoroughly, give them opportunities to ask questions, and provide accessible documentation or support resources. Maybe you want to reduce days sales outstanding (DSO). Maybe you want invoices to go out the same day a deal closes.

Payment APIs and Integration

Stax

FEBRUARY 19, 2025

Request documentation on their security policies, fraud prevention measures, and incident response procedures to minimize risks. How to Transition Smoothly to Outsourced Support If you decide to outsource your payments support, consider these best practices for a seamless transition: 1.

Payments

EBizCharge

JULY 23, 2025

Best Practices for Managing Customer Terms Optimizing NetSuite payment terms isn’t a one-and-done project. Here are some practical tips: Review terms during monthly AR meetings to spot issues before they grow. Here are some practical tips: Review terms during monthly AR meetings to spot issues before they grow.

Payments

Trade Credit & Liquidity Management

MAY 29, 2025

Key Challenges in E-Invoicing No Universal Standard: Diverse tax laws and business practices prevent a single global e-invoicing standard. However, the industry is moving toward best practices and standardized data formats such as ISO-20022 to ease cross-border invoicing.

ISO 20022

Trade Credit & Liquidity Management

JUNE 16, 2025

Be proactive and attach all relevant supporting documentation. This will speed up the collection process and avoid delaying tactics, such as a customer asking for invoice copies or other relevant documentation. Attach previous correspondence and documentation. Don’t Make Them Ask for Details. Share The Bottom Line.

Lockbox

Nanonets

NOVEMBER 19, 2024

In this guide, I’ll unpack the capabilities of SuiteScript, walk through creating your first script, and share best practices to help you unlock the full potential of NetSuite. ' ); } return { pageInit : pageInit }; }); Step 3: Upload the Script Go to Documents > Files > SuiteScripts. What is SuiteScript?

Payment APIs and Integration

PCI Security Standards

SEPTEMBER 9, 2024

 This document was produced by the 2023 Special Interest Group (SIG), the members of which provided their extensive payment security expertise and technical knowledge around best practices, guidance, and real-world scenarios for applying PCI DSS scoping and segmentation techniques in a variety of modern network architectures.  

PCI DSS

VISTA InfoSec

FEBRUARY 25, 2024

Breaches involve stealing or leaking confidential data like customer records, passwords, financial documents, emails, or intellectual property that companies entrust to online environments. Best Practices For Prevention Ultimately, consistent vigilance and proactive security safeguards offer the best breach protections.

Data Breach

Nanonets

MAY 21, 2024

Seven Best Practices for Effective Account Reconciliations From Mesopotamia's rudimentary ledgers tracking livestock and crops to the second-century BCE Indian treatise " Arthashastra ", accounting has been a cornerstone of economic management in any civilized society.

Best Practices

Nanonets

NOVEMBER 30, 2023

Companies that establish accounts payable best practices increase the visibility of information, reduce their invoice processing time, save money, strengthen internal controls and cash flow management, reduce fraud and errors, and improve vendor relationships. Accounts payable best practices are a subset of accounting best practices.

Best Practices

Nanonets

APRIL 19, 2024

Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. It serves as a control mechanism to maintain accurate financial records and prevent misuse or misappropriation of funds.

Best Practices

EBizCharge

JUNE 20, 2024

This article will help set your business up for success by explaining AR, why it’s important, and best practices for optimizing your receivables. 13 accounts receivable best practices Adopting the best AR practices helps maintain consistent revenue, reducing the need for external financing and minimizing non-payment risk.

Best Practices

EBizCharge

AUGUST 13, 2024

This article will outline the different methods of revenue recognition and best practices for ensuring compliance and accuracy. This includes maintaining supporting documentation such as contracts, invoices, and work orders. The post What Is Revenue Recognition: Methods and Best Practices appeared first on EBizCharge.

Best Practices

VISTA InfoSec

JULY 17, 2024

Best practices in multilingual cybersecurity compliance To keep your data secure in multilingual environments, it’s smart to follow some key steps. Create a clear policy document that outlines every step of your cybersecurity plan. Following these steps ensures your planning and execution processes go through seamlessly.

Cybersecurity

EBizCharge

OCTOBER 25, 2023

By implementing the most reliable security software and best practices, organizations and individuals can mitigate the risk of data breaches and safeguard their valuable information from malicious actors. Staying educated on the threat landscape will help you stay on top of advancements and changes to best practices.

Data Breach

VISTA InfoSec

OCTOBER 21, 2024

Common SOC 2 Audit Problems: Documentation Overload: Documenting all your internal controls during an SOC 2 audit can be quite a challenge. Here are some practical tips: Early Preparation: The commencement of preparations for the audit should be made long time ahead. Navigating the SOC 2 Compliance Journey.

Audit

VISTA InfoSec

FEBRUARY 28, 2024

Specific Requirement - New: Rules for limited shared account use (duration, documentation, approval, auditability). It must include both numbers and letters. (This requirement is a best practice until 31 March 2025.) Look at your system settings to make sure these password rules are enforced. Significant shift in approach.

PCI DSS