VISTA InfoSec

JUNE 19, 2024

Ransomware, a type of malware, is particularly destructive as it encrypts the victim’s data and demands a ransom for its release. Best Practices for Securing Video Communication Choose the Right Platform When evaluating different platforms, assess their security features comprehensively.

Risk 277

Risk Ransomware Phishing MFA 277

Fintech Finance

OCTOBER 7, 2024

” This lack of clarity raises the likelihood of inconsistencies across jurisdictions and organisations, creating critical gaps in risk management practices. have established in-depth risk management procedures, such as third-party escrow agreements. While 70.1% Download the report here.

Risk 101

Risk Regulatory Compliance Risk Management Mitigation 101

The Finance Weekly

MARCH 1, 2022

The lack of formal FP&A structure, processes, and procedures characterizes the lagging stage, which is common among newly founded startups. The lack of formal FP&A structure, processes, and procedures characterizes the lagging stage, which is common among newly founded startups.

Finance 130

Finance Procedures Best Practices Process 130

PYMNTS

JANUARY 26, 2021

Add “lobby and visitor management” to the list of tech industries that have seen a spike in demand as companies contend with an ever-changing list of COVID-19-era requirements needed to safely and swiftly move people and packages in and out of their businesses. So what our customers are asking from us today as we reopen is, ‘Hold on a second.

Posting 116

Posting Automation Best Practices Procedures 116

The Finance Weekly

FEBRUARY 22, 2023

While some small companies may seem profitable on paper, they may lack cash reserves due to inadequate accounting practices. Fortunately, there are established best practices and tools that even the smallest company can utilize to manage their finances effectively from day one. In 2021, there were roughly 5.4

Finance 130

Finance Best Practices Accounts Advisors 130

Segpay

DECEMBER 13, 2024

CCPA compliance requirements differ somewhat from GDPR, emphasizing consumer rights and the disclosure of data-selling practices to ensure data transparency. These regulations are two examples of strong data protection laws that demand a transparent, ethical approach to data privacy and data management.

Privacy 105

Privacy Compliance CCPA Authentication 105

The Finance Weekly

OCTOBER 13, 2021

Many corporate leaders are now wrestling with how to keep up with demand as the US economy recovers faster than anticipated. Fitness organizations, for example, that used to offer physical equipment now sell monthly memberships to online lessons that users can watch on-demand from the comfort of their own homes.

Risk Management 130

Risk Management Risk Automation Close Processes 130

Clearly Payments

JANUARY 4, 2024

This guide aims to provide merchants with an overview of cryptocurrency payments, highlighting the advantages, challenges, and best practices for integrating crypto payment methods into their business operations. Popular cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).

Cryptocurrency 105

Cryptocurrency Stablecoins Cross-Border Payments Digital Currency 105

Stax

JANUARY 15, 2024

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. In the following sections, we’ll delve into the legal framework, compliance standards, and best practices to navigate the complexities of surcharging.

Credit Cards 88

Credit Cards PCI DSS Compliance Process 88

PYMNTS

SEPTEMBER 27, 2016

Consumers are also demanding efficient new systems and processes. Heal is an app that allows patients in Southern California to contact a doctor on-demand for a home visit. Pager in New York is another on-demand health services app, and Go2Nurse is based in Chicago and Milwaukee. The picture is no less odd than a driverless car.

Mobile Payments 72

Mobile Payments Online and Mobile Banking On-Demand Payments 72

The Fintech Times

MAY 30, 2024

Implement robust AML and KYC procedures This is essential, as these measures help prevent illicit activities such as money laundering and terrorist financing. This complicates the task of compliance, as companies must adapt their procedures and exercise flexibility to account for various local demands.

Compliance 64

Compliance Security Legal Blockchain 64

Nanonets

APRIL 5, 2023

Improved compliance and risk management IPA can help organizations comply with regulatory requirements and manage risks by automating processes and ensuring that procedures are followed consistently. Additionally, automating business functions can improve efficiency, productivity, and cut operational costs.

Automation 98

Automation Process AI Fraud Detection 98

PYMNTS

JUNE 5, 2020

financial system to detect and thwart crimes like money laundering, and FinTechs that do not currently fall under its scope may still wish to voluntarily follow its security procedures, Davies explained. This enables them to continue offering the convenience that drives demand for open banking while still fending off security risks.

Money Laundering 69

Money Laundering Security Payment APIs and Integration FinTech 69

EBizCharge

JULY 12, 2024

This policy outlines acceptable expenses, the procedures for submitting expenses for reimbursement, and the roles and responsibilities of staff and management in the expense reporting process. Enforcing explicit procedures for approval and reimbursement creates a standard for audits. What is an expense policy?

Best Practices 52

Best Practices Compliance Procedures Process 52

Core

MAY 18, 2023

It is not out of the ordinary for RFP complexity to cause delays and demand more time and government resources than initially allocated. With a streamlined RFP system, your agency can boost procedural efficiency and productivity across every stage of an RFP for content management and payment processing.

RFP 52

RFP Process Governance Government 52

Core

OCTOBER 16, 2023

By exploring best practices and strategic approaches, government agencies and municipalities can unlock the full potential of their revenue reports. Detecting Irregularities Sudden or unexpected anomalies identify opportunities that demand attention but may also signify underlying issues. Here’s how.

Governance 52

Governance Government Procedures Mitigation 52

Nanonets

APRIL 24, 2024

This audit aims to verify the accuracy and completeness of the bank reconciliation procedures and ensure that they are conducted in accordance with established accounting standards and regulatory requirements. Testing Controls : The auditor evaluates the effectiveness of internal controls related to bank reconciliation processes.

Reconciliation 52

Reconciliation Audit Procedures Correspondent 52

Nanonets

FEBRUARY 9, 2024

Remember that internal controls are procedures and processes management emplace to ensure accounting integrity and financial transparency. In this case, the referee (actual control measures and checks) uses the playbook (company procedures built on accepted accounting principles) to manage the game (financial reporting).

Audit 52

Audit Risk Assessment Assessments Procedures 52

Seon

JUNE 24, 2024

With the stakes high, understanding the complexities of identity fraud and adopting industry best practices is necessary to protect customers in an increasingly digitized world. How to Conduct a Thorough Identity Risk Assessment Each organization’s journey demands a meticulous understanding of its vulnerabilities and risks.

Risk Management 52

Risk Management Mitigation Risk Identity Theft 52

PYMNTS

MAY 8, 2017

That means multiple transactions are settled at once — but real-time payments demands each transaction to be settled independently the moment it lands at the bank. “So Processing has to be continual — even overnight — and companies have to update their anti-fraud procedures as well. In the U.S., What we’ve found in the U.K.

Real Time Payments 46

Real Time Payments ISO 20022 TCH ACH 46

EBizCharge

APRIL 23, 2024

They include widely recognized conditions such as Net 30 or cash on delivery (COD), helping to streamline the payment process and maintain consistency throughout business transactions. Now that you have a general understanding of payment terms, you can explore the different categories of contract payment terms included on invoices.

Payments 52

Payments Best Practices Settlement Assessments 52

Trade Credit & Liquidity Management

MAY 14, 2025

Internally, it could be a push back on a credit decision, a change in procedure, or a deadline. Reaching a mutually successful outcome requires advanced planning along with understanding and execution of the following best practice tactics. Allow the time needed to explain their position and demands. What is their style?

Liquidity Management 40

Liquidity Management Best Practices Disputes Procedures 40

PYMNTS

MAY 16, 2017

For its part, TransAct’s Accudate line enables restaurants to automate prep and food safety processes — procedures which, when handled manually, are prone to human error. In both cases, pre-printed labels would need to be scrapped — now, restaurants can produce custom labels on demand.

Automation 41

Automation Transactions Best Practices Procedures 41

Nanonets

JULY 28, 2023

Document workflow management procedures exist in most companies, but their formality varies. By understanding the benefits and best practices, organizations can optimize their processes, enhance productivity, and ensure seamless access to critical information. What is document workflow management?

Disaster Recovery 52

Disaster Recovery Automation Procedures Compliance 52

Nanonets

AUGUST 8, 2024

This growing demand underscores the importance of high-quality data annotation in advancing AI and ML applications across diverse sectors. We'll also walk you through the critical steps in the annotation process and share expert tips and best practices to help you avoid common pitfalls. What is data annotation?

AI 52

AI Automation Process Best Practices 52

Nanonets

JUNE 19, 2023

Imagine a fortress of technological prowess, where your organization's automation processes are shielded within your own infrastructure. With on-premise automation, you hold the keys to a kingdom fortified against external threats, ensuring that your sensitive data remains safe and sound. What is On-Premises Automation?

Automation 52

Automation Disaster Recovery Process Security 52

EBizCharge

JULY 18, 2024

Standards: EDI demands a highly standardized format to facilitate the exchange of business information, whereas EFT could include various forms of electronic transfers without the need for standardized business documents. These payment methods have distinct characteristics, protocols, and uses.

ACH 52

ACH Transactions Payments Funds Transfer 52

FICO

JULY 6, 2020

Working with our clients across various sectors and geographies, we have seen first-hand what best practice in collections today looks like. We expect an increased need for digital-led payment plans and a higher demand for loan modification so the longer-term financial impacts can be worked through.

Assessments 52

Assessments Settlement Risk Accounts 52

Nanonets

FEBRUARY 28, 2024

The data reconciliation process is an intricate procedure designed to ensure data accuracy and consistency across various sources within an organization. Data reconciliation can be tailored to specific departmental needs or standardized across an entire organization, depending on the unique requirements and objectives of the business.

Reconciliation 52

Reconciliation Process Audit Compliance 52

Nanonets

SEPTEMBER 23, 2023

Financial Accounting: Financial accounting  is the backbone of accounting practices, focusing on the preparation and presentation of financial statements. These types of accounting play crucial roles in providing businesses with accurate financial information and assisting in making informed decisions. Let's delve into each type: 1.

Accounts 52

Accounts Regulations Compliance Audit 52

Nanonets

SEPTEMBER 22, 2023

Without standardized procedures, organizations struggle to streamline their procurement operations, resulting in wasted time and resources. By fostering a culture of  continuous improvement , organizations can adapt to market demands and drive innovation. This leads to inefficiencies, delays, and increased risk of errors.

Compliance 52

Compliance Process Mitigation Risk 52

Nanonets

JULY 21, 2023

The accuracy and reliability of financial reporting are vital for organizations to make informed decisions and meet regulatory requirements. To ensure the integrity of financial data, accountants and bookkeepers rely on the general ledger account reconciliation process. The software's audit trail feature guarantees compliance and traceability.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

Nanonets

SEPTEMBER 22, 2023

Effective vendor management can contribute to streamlined processes, improved productivity, and enhanced customer satisfaction. Choosing the right suppliers is a key component of vendor management. These stages include establishing business goals, locating and selecting the right vendor, and conducting initial risk assessments.

Risk Mitigation 40

Risk Mitigation Mitigation Risk Assessment Assessments 40

Segpay

JUNE 28, 2024

Two areas where they are demanding serious attention from high-risk merchants are consumer age verification and content moderation. Consider an on-set code of conduct for best practices. Get your policies and procedures now to avoid penalties and protect your business. What is the Big Deal?

Risk 52

Risk Verification Procedures Compliance 52

CB Insights

JULY 23, 2020

As a building’s first point of contact — and first line of defense — entrances and lobbies are poised for a revamp in policies and procedures when it comes to fighting the spread of Covid-19. Elevators and common spaces: touchless entry and air filtration. Desk space: social distancing sensors. Bathrooms: autonomous cleaning solutions.

Posting 101

Posting Cybersecurity Returns Online and Mobile Banking 101

PYMNTS

MAY 27, 2020

This would dramatically expand businesses’ footprints, allowing customers and staff to practice social distancing and other COVID-19 best practices. Hall said that expanding businesses outdoors isn’t the silver bullet that will save all of Main Street, but it will help when combined with a lot of other innovations and pivots.

Best Practices 98

Best Practices Caps On-Demand Procedures 98

VISTA InfoSec

MAY 6, 2025

They prefer working with vendors demonstrating evidence of implementing best security practices and rigorously protect sensitive information. So, most businesses demand for a SOC 2 compliant vendor who demonstrates strict adherence to IT security. This will overall improve your services. Who needs SOC 2 certification?

Audit 200

Audit Regulatory Compliance Data Breach ISOs 200