Remove Blockchain Remove Duplicate Remove Reconciliation
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Tokenisation 2.0: Are we ready for the next generation of payment security?

The Payments Association

This enables rapid scaling of new payment use cases, without duplicating risk exposure. Using blockchain infrastructure, real-world assets (RWAs) – such as real estate, equity, and intellectual property – can be digitised, fractionalised, and traded globally with greater transparency and efficiency.

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AP Teams Need Automation to Combat Rise in AI Invoice Fraud Finds Basware

The Fintech Times

Remote work has weakened traditional security, requiring secure systems and innovative solutions like decentralised finance and blockchain for transparent vendor transactions. Meanwhile, reliance on paper-based processes and inadequate statement reconciliation leaves teams exposed to errors, inefficiencies, and fraudulent activities.

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Insurers Test Blockchain To Manage Provider Data

PYMNTS

The blockchain is making inroads into healthcare. Under the terms of the pilot, blockchain will be used with the hopes of improving data quality while reducing administrative costs focused on healthcare provider demographic data. The record trail is far-flung and often duplicative.

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Bitcoin Daily: Barclays, RBS Test Blockchain Payments; Coinbase Beats JPMC As Favorite Employer

PYMNTS

The list ranks Coinbase — the only crypto or blockchain firm on the list — at number 35, while JPMorgan comes in at number 44. In other news, Barclays , Royal Bank of Scotland ( RBS ), and blockchain firm R3 announced that they have completed a blockchain trial to enable faster property transactions. employers for 2019.

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Millions Of Health Records Compromised In Quest Hack

PYMNTS

Last April , both Quest and UnitedHealth said they were part of a pilot program involving blockchain and healthcare data management. Under the terms of the pilot, blockchain was to be used with the hopes of improving data quality while reducing administrative costs focused on healthcare provider demographic data.

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Deep Dive: AP Processing Delays And How New Payment Innovations Can Help

PYMNTS

Such legacy payment methods are usually tied to paper-based invoices and manual tracking and reconciliation procedures, which impede payments from being processed in a timely manner. More than 40 percent are interested in same-day ACH, and over 30 percent are interested in blockchain technology.

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How to solve challenges in bank statement verification using AI

Nanonets

Blockchain technology: Some verification systems adopt blockchain for secure, tamper-proof record-keeping. Blockchain ensures that once a bank statement is verified, it cannot be altered without leaving a trace, providing an additional layer of trust. My team wasted days manually tracking these transactions.