CB Insights

NOVEMBER 21, 2017

One answer: use a database — a ledger. Is Bitcoin really secure? It solves this problem via clever economics: Incentive: The first miner to verify transactions and devote immense computing power to secure the blockchain can append a block of transactions to the chain of previous blocks. Bob has the token, and Alice does not.

Blockchain 78

Blockchain Technology Bitcoin Participant 78

CB Insights

DECEMBER 17, 2017

It’s controlled by no one and secured by cryptography. A common digital history is important because digital assets and transactions are in theory easily faked and/or duplicated. This means that the same database is held by thousands of nodes. These nodes don’t have to hold their own private copy of this database.

Bitcoin 76

Bitcoin Blockchain On-Demand Database 76

Nanonets

APRIL 4, 2023

Firstly, MySQL is a powerful open-source database management system that provides a scalable and reliable solution for storing and managing large volumes of data. By importing Excel data into MySQL, businesses can centralize and access it more efficiently, reducing the risk of data duplication and errors. Try Nanonets for free.

Database 52

Database Automation Process Use Case 52

FICO

MARCH 27, 2018

Even when data is available it is often spread across multiple tables within complex databases. This could include potential waste and fraud, or situations that risk data security issues or HIPAA violations, as just two examples. 5) Reduce Duplicate Invoice Payments. Reduction in duplicate invoices. Conclusion.

Government 40

Government Governance Duplicate Risk 40

PYMNTS

AUGUST 6, 2018

Late last month, Singapore experienced a major cyberattack on its health database. A statement from the government at the time said that “investigations by the Cyber Security Agency (CSA) of Singapore and the Integrated Health Information System (IHiS) confirmed that this was a deliberate, targeted and well-planned cyberattack.”

Breach 40

Breach Cybersecurity Duplicate Database 40

Nanonets

OCTOBER 9, 2024

Data matching: Key details—such as balances, transactions, and account holder information—are compared with internal records or third-party databases. Blockchain technology: Some verification systems adopt blockchain for secure, tamper-proof record-keeping.

Verification 52

Verification AI Reconciliation Payment APIs and Integration 52

Nanonets

SEPTEMBER 25, 2024

Set up rule-based workflows to identify and remove any duplicate entries and human review for complex or ambiguous transactions. Regularly analyze reasons for variances (for eg: format differences, fraud, duplicate records) Discrepancy identification During reconciliation, any mismatches are flagged for further review.

Process 52

Process AI Best Practices Reconciliation 52

Stax

MARCH 14, 2024

Yet, while time has provided customers and businesses with more education on the security benefits of EMV card chips, many businesses and consumers are still confused about key components. The PIN adds an extra layer of security, as it verifies that the person using the card is the rightful owner.

Chip Cards 88

Chip Cards CHIPS EMV Debit Card 88

PYMNTS

SEPTEMBER 9, 2016

According to Sophos’ Naked Security blog, media outlets have accused Russia of trying to tamper with political computer systems in order to breed public distrust and spread false information. He added that the intention was to not “duplicate a cycle of escalation” that has been seen in the past. Russian Hackers Strike Again?

Phishing 41

Phishing Breach PayPal Database 41

Nanonets

MAY 20, 2024

Cleansing data:  Preliminary analysis is used to identify and address data quality issues such as missing data, duplicate records, data with questionable provenance, and records that contain errors. Say goodbye to data entry errors, duplicates, and inconsistencies that can skew your analysis and lead to bad decisions.

Automation 59

Automation Payment APIs and Integration CRM Duplicate 59

Nanonets

MAY 10, 2023

For instance, collaborative tools, inboxes that are shared, and databases. Start Free Trial Kissflow Kissflow - workflow automation platform Kissflow is a low-code workflow automation software used to create and manage processes from a single database. It lessens duplication and reduces quality-control mistakes.

Automation 98

Automation Rules Procedures Process 98

PYMNTS

JANUARY 28, 2020

Employees should cross-reference suspicious customer coupons with databases like these, as other stores have likely already seen and logged fakes. The Coupon Information Corporation, a watchdog group that monitors the coupon industry, maintains a running list of current fraudulent coupons for QSRs, retailers and other businesses.

Duplicate 56

Duplicate Database Mitigation Adjustments 56

Nanonets

NOVEMBER 14, 2023

This involves scanning or document imaging, wherein essential data is collected, categorized, processed, and placed into databases. Data Extraction : Metadata within the document is identified and extracted automatically, contributing to a more detailed and organized database. invoices, orders, receipts). per user per month.

Automation 52

Automation Facilitators Audit Legal 52

Fi911

OCTOBER 11, 2023

It discerns genuine biometric information, like an individual’s real voice or facial attributes, from fabricated or duplicated ones. Liveness detection is a pivotal security feature in different authentication processes, including biometric verification. It thus bolsters defenses against potential security breaches.

Deepfake 52

Deepfake Verification Authentication Breach 52

CB Insights

MARCH 21, 2018

Enter blockchain technology, a cryptographically secured form of shared record-keeping. Health insurance: Through the blockchain, medical records can be cryptographically secured and shared between health providers, increasing interoperability in the health insurance ecosystem. The implications for this are dire.

Blockchain 78

Blockchain Audit Process Risk 78

Nanonets

FEBRUARY 27, 2024

Receipts are captured faster than a speeding bullet, thanks to the wonders of mobile technology and seamless integrations to import receipts from your apps and databases. This provides you control of correcting, sanitizing, validating and verifying data before it flows in the Quickbooks database.

Automation 52

Automation Database Audit Use Case 52

PYMNTS

MARCH 8, 2017

As part of that deal, Palo Alto will integrate the latter’s security technology, which uses machine learning to detect hacker attacks and other malfeasance, by year’s end. There was a problem of data duplication,” Bhagwan said. The company plans to continue investing heavily in its security and fraud capabilities.

Fraud Detection 43

Fraud Detection Duplicate Participant Database 43

Nanonets

MARCH 20, 2023

AI-enabled accounts payable software like Nanonets can extract accounts payable data from various sources and convert them into structured digital information that can be further processed or fed into ERPs or databases. and databases (MySQL, PostGres, MSSQL, etc.) There is no standard structure or function to accounts payable software.

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Nanonets

FEBRUARY 19, 2024

Security Enhanced security features, including encryption and backups, protect against loss and unauthorized access. Limited options for secure backup. The Advantage of Duplicate/Triplicate Copies : Using a multi-copy receipt book means more than just giving customers their copy. Grand Total: $44.28

Duplicate 52

Duplicate Checks Automation Transactions 52

Nanonets

NOVEMBER 14, 2023

Reduces supply problems, including pricing mistakes, order duplication, and inventory issues. Minimizes missing orders, order duplication, and enhances overall efficiency. Digital Transformation Opportunities : Transitions from inefficient email and spreadsheet processes to a centrally controlled database.

Automation 52

Automation Process Facilitators Duplicate 52

Nanonets

DECEMBER 6, 2023

In this blog, we will delve into the various aspects of HR process automation, exploring its benefits, technologies, data extraction, process optimization, compliance, security, and implementation. This reduces the risk of non-compliance, avoids penalties, and provides a secure and auditable HR environment. What is HR Automation?

Automation 52

Automation Process Payroll Compliance 52

Nanonets

MARCH 4, 2024

OCR enables powerful search capabilities within legal databases, allowing users to quickly locate specific terms, references, or sections in documents. Enhanced Security and Compliance: Nanonets enhances security by allowing real-time customer data validation against different databases.

Legal 52

Legal Laws Automation AI 52

Nanonets

JUNE 19, 2023

In this blog, we will delve into the various aspects of HR process automation, exploring its benefits, technologies, data extraction, process optimization, compliance, security, and implementation. This reduces the risk of non-compliance, avoids penalties, and provides a secure and auditable HR environment. What is HR Automation?

Automation 52

Automation Process Payroll Compliance 52

Nanonets

OCTOBER 1, 2024

These can include checks for missing fields, mismatched amounts, duplicate invoices, incorrect tax calculations, and invalid vendor information. This adds an extra layer of security to your validation process. Configure settings to catch potential duplicate invoices and prevent double payments.

Best Practices 40

Best Practices Automation Multi-Currency Duplicate 40

Nanonets

APRIL 16, 2023

Consider some of these factors when selecting the best AP automation software: Data Security AP software keeps all of your financial data safe and secure. The best systems provide encryption, two-factor authentication, and secure communication. It is said to reduce the cost per invoice by 84%.

Automation 52

Automation AI Accounts Reconciliation 52

Nanonets

SEPTEMBER 21, 2023

These systems can extract relevant information from invoices, such as due dates and payment amounts, and automatically organize them in a centralized database. One effective strategy for  supplier reconciliation  is to maintain a centralized database or system that tracks and records all transactions with suppliers.

Accounts 40

Accounts Best Practices Automation Reconciliation 40

Nanonets

MARCH 14, 2024

Manual consolidation is prone to errors, leading to issues like overpayment, incorrect payments, and invoice duplication, ultimately causing productivity and trust losses. Invoices and POs can also be imported into Nanonets from your mail, apps and databases. Automated Data Entry Say goodbye to hours of manual data entry.

Payment APIs and Integration 52

Payment APIs and Integration Automation Correspondent Checks 52

Nanonets

MAY 30, 2023

Cards also come with built-in security and fraud prevention which is an added benefit. Advantages Transactions are secure and quick.  Both Advantages Digital wallets are built using encryption software, which means that the financial information encoded in them is secure and cannot be hacked.

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Online and Mobile Banking Payment Reconciliation 52

EBizCharge

MAY 14, 2024

Automated billing systems work by integrating with a company’s existing financial and customer databases and their accounting software. Integration with other systems By integrating billing with other systems, businesses can eliminate manual data entry and duplication of efforts, reducing the risk of errors and improving data accuracy.

Automation 52

Automation Payment APIs and Integration Best Practices Online and Mobile Banking 52

Nanonets

MAY 11, 2023

Fraud vulnerability:  Some frauds that occur in the invoice process include third-party frauds, labor mischarging, duplicate payments and other internal errors.  Automated invoice processing workflows can be integrated with databases and other accounting systems for automatic matching without human intervention.

Process 52

Process Automation Audit Checks 52

Nanonets

JULY 21, 2023

Once approved, the reconciled data is securely stored in a centralized database, ensuring an auditable trail. Security measures: Two-step authentication, data encryption, secure data centers, and network security Online file storage: Store and manage files securely in the cloud, eliminating the need for physical documents.

Reconciliation 52

Reconciliation Payment APIs and Integration Online and Mobile Banking Audit 52

Nanonets

FEBRUARY 19, 2024

The travel industry often struggles with long processing times at check-in and security, causing congestion. Enhanced security:  Nanonets enables real-time validation of customer data against different databases. Manual verification of IDs and travel documents is time-consuming.

Automation 52

Automation Volume AI Checks 52

Nanonets

SEPTEMBER 21, 2023

However, implementing ERP systems in the retail industry comes with its challenges, such as integration with existing systems, ensuring  data quality  and accuracy,  training employees , managing change, addressing  security and privacy concerns , and managing the costs of implementation.

Privacy 52

Privacy On-Demand Automation Addressing 52

Nanonets

APRIL 15, 2024

Discrepancies uncovered during the reconciliation process can raise red flags, prompting further investigation and measures to prevent financial losses and uphold the organization's security protocols.

Reconciliation 52

Reconciliation Adjustments Correspondent Checks 52

Nanonets

APRIL 14, 2023

Well-managed expenses provide security and stability to stakeholders. Proper expense management ensures stability and security for stakeholders, and there are numerous benefits to implementing a well-managed system. It provides a level of control and transparency that is crucial for efficient operations.

Automation 52

Automation Process Credit Cards Compliance 52

Nanonets

FEBRUARY 1, 2024

You'll bid farewell to the days of sifting through emails, shared drives, vendor portals, and outdated databases. This means they can implement new payment technologies, like virtual cards or blockchain for secure and efficient transactions. link] company-future/ How secure is accounts payable automation?

Automation 64

Automation Accounts Process Multi-Currency 64

Nanonets

JULY 25, 2023

It helps identify and correct inefficiencies and errors in financial processes, predict market changes and disruptions, make data-driven decisions, and enhance data security to prevent financial fraud. To enhance data accuracy further, Nanonets incorporates a range of approval workflows, duplicate alerts, and fraud detection tools.

Financial Analysis 52

Financial Analysis Payment APIs and Integration Assessments Automation 52