Clearly Payments

AUGUST 6, 2024

Processing Errors: Making up 15% of chargebacks, these involve errors such as incorrect amounts or duplicate charges. This generous timeframe allows merchants additional time to prepare a comprehensive response and gather necessary documentation. The key differences lie in the merchant response periods.

Disputes 105

Disputes Visa Issuers Duplicate 105

Fi911

JULY 19, 2024

No Authorization Processing Errors These reason codes cover errors made during the processing of a transaction, such as duplicate charges, incorrect amount charged, or incorrect currency conversion. Duplicate Processing 12.6.2: Card Recovery Bulletin 11.2: Declined Authorization 11.3: Incorrect Transaction Code 12.3:

Disputes 103

Disputes Duplicate Non-Bank Authorization 103

The Payments Association

JUNE 3, 2025

This enables rapid scaling of new payment use cases, without duplicating risk exposure. Now, these elements are increasingly being tokenised themselves, from identity documents to biometric consent trails. Traditionally, identity verification and credential storage were separate from payment processes.

Security 88

Security Payment APIs and Integration Payment Security Credential 88

PYMNTS

MARCH 22, 2020

Facebook is under fire in a new set of documents in a lawsuit, which allege the company knew for years that paid advertising services on the site were exaggerating and distorting the number of people who would see the ads, according to a report by the Financial Times. ” The lawsuit was originally filed by a small business owner in 2018.

Duplicate 56

Duplicate Bots Accounts Scams 56

Stax

MAY 13, 2025

That leads to fragmented data, inconsistent customer experiences, and duplicated efforts. Red flag: Youre on your own to handle chargebacks, or the provider doesnt offer clear documentation. Some providers only cater to specific sales environments, making it difficult to expand without switching systems.

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Process 88

Nanonets

JUNE 19, 2024

The process involves matching the amounts that your vendors bill and comparing them to the company's accounts payable documents.    They can do so by following these steps: Gather All the Documents: Ensure that all the documents associated with vendor payments have been gathered.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

VISTA InfoSec

OCTOBER 20, 2023

Location: Document the physical or digital location of assets, including on-premise servers, cloud storage, or third-party data centers for ePHI data. Set up backup and recovery procedures: Develop protocols for duplicating and restoring ePHI data during data loss events.

Disaster Recovery 130

Disaster Recovery Procedures Regulatory Compliance Duplicate 130

Evolve Payment

OCTOBER 22, 2024

Fraudsters use everyday individuals’ information, frequently scraped from social media profiles or publicly available data like secretary of state filings, to create realistic duplicates of their identities. As part of this process, we may request key business documents and personal identity verification. Why Selfie Verification?

Deepfake 98

Deepfake Verification Fraud Detection AI 98

Fi911

AUGUST 7, 2024

Issuing banks are not required to justify their choices, while acquiring banks and merchants gain clarity on the documentation needed for representment. By using these codes, all parties involved can readily understand the circumstances that prompted the chargeback. Seems to make sense, right?

Visa 104

Visa Disputes Authorization CHIPS 104

Fintech News

MAY 14, 2024

RealID: Fast and Accurate Onboarding RealID ensures fast and accurate onboarding by verifying ID authenticity and matching the user’s live selfie with the face on the document.

Deepfake 117

Deepfake Authentication Verification AI 117

The Finance Weekly

AUGUST 18, 2024

The flexibility of the platform allows them to manage various GTM initiatives—such as demand generation models and sales capacity planning—within a single, version-controlled system instead of numerous duplicated spreadsheets.

Duplicate 130

Duplicate AI CRM Addressing 130

Fi911

MAY 22, 2024

Duplicate Charges : If a payer is charged more than once for the same transaction, the duplicates can be reversed. Document any customer issues and your resolution steps for future reference. Maintain Accurate Records: Keep detailed transaction histories, including communications and delivery proofs.

Payer 104

Payer Address Verification System (AVS) Disputes Payee 104

Paystand

FEBRUARY 28, 2025

Table of Contents Centralize your Process Automate Key Tasks Implement Smart Invoice Prioritization Negotiate Vendor Terms Conduct Regular Account Reconciliation Prevent Duplicate Payments Document Everything Prioritize Vendor Relationship Management Review and Optimize Establish Robust Internal Controls Streamlining AP Management with Technology

Accounts 40

Accounts Duplicate Reconciliation Automation 40

Fi911

AUGUST 16, 2024

Issuing banks are not obligated to explain their decisions, while acquiring banks and merchants benefit from a clearer understanding of the documentation required for representment. By implementing these codes, all stakeholders can easily grasp the reasons behind a chargeback.

Disputes 92

Disputes Non-Bank EMV Authorization 92

Nanonets

MAY 10, 2023

By 3 way matching supporting documents, companies can detect duplicate, erroneous, or fraudulent payments to vendors. The goal here is to ensure that financial details (order quantity, order amount, total amount, PO number etc.)  match across all 3 documents. This is vital for managing spend and cash outflow.

Accounts 52

Accounts Automation Duplicate Process 52

PYMNTS

OCTOBER 31, 2016

This occurs when there is duplication of invoices and when extra effort is expended at the back end of a given enterprise. The automation, he said, and straight-through processing via the cloud and portals help match invoices across purchase orders and other documents to ensure the flow has been correct.

Automation 69

Automation Duplicate Credit Cards B2B 69

Nanonets

MAY 10, 2023

Nanonets can automate manual processes like invoice processing, KYC , customer onboarding, document automation, document verification, and more. You can connect Kissflow with Nanonets for complete document workflow automation. It lessens duplication and reduces quality-control mistakes. The possibilities are endless.

Automation 98

Automation Rules Procedures Process 98

PYMNTS

JUNE 22, 2017

We think roughly 30 percent of duplicate payments are the result of some sort of vendor master issue, either as a duplicate vendor or some other error associated with vendor master,” the executive explained.

Duplicate 48

Duplicate AI Audit Automation 48

Nanonets

APRIL 3, 2024

Vendor reconciliation , a crucial part of this process, involves scrutinizing purchase-related documents to ensure accuracy in all vendor transactions. " Reconciliation in accounting refers to the comparing of details of transactions and financial activities between various documents.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

Nanonets

JANUARY 25, 2024

Let’s get started with the process: Gather documents You will need the company's general ledger and the latest credit card statement. Match documents We need to find out the matching transactions in the credit card statement and the general ledger. Download them in CSV format and paste them into individual Excel sheets.

Reconciliation 52

Reconciliation Credit Cards Duplicate Automation 52

PYMNTS

APRIL 4, 2018

This often occurs when suppliers send duplicates of the same bill to multiple funding avenues, reports in American Banker noted. The tool can automatically identify a duplicate invoice, even if the bill has been slightly altered to appear different. The company’s initiative focuses on efficiency and reduction of paper documents.

Blockchain 47

Blockchain Duplicate Finance Blocks 47

Nanonets

JANUARY 25, 2024

Here’s how we can do bank reconciliation: Gather documents You will need the company cashbook and bank statements. Match documents We need to find out the matching transactions in the bank statement and the cashbook. The software will only pull relevant information from each document through OCR technology.

Reconciliation 52

Reconciliation Adjustments Checks Automation 52

FICO

MARCH 27, 2018

Almost every employee who has travelled for the Government or a University knows the significant time and effort required to prepare their voucher, assemble receipts, and face multiple reviews where small issues or insufficient documentation is questioned. 5) Reduce Duplicate Invoice Payments. Reduction in duplicate invoices.

Government 40

Government Governance Duplicate Risk 40

Nanonets

NOVEMBER 16, 2023

They should align with the goods or services received and must not be duplicates of invoices that were already processed.   Duplicate Invoice or Payment Audit The final is to verify that the payment hasn’t already been sent to a vendor for the line items on the invoice. Matching should be done before authorizing payment. 

Accounts 52

Accounts Best Practices Duplicate Checks 52

Nanonets

APRIL 16, 2023

MS-Word documents), data entry files (e.g., MS-Word documents), data entry files (e.g., MS-Excel files), structured XML documents from Electronic Data Interchange (EDI), PDFs and image files, and sometimes as hard copy documents. that can lead to loss of productivity and trust. Figure 4: OCR based data retrieval.

Automation 52

Automation AI Duplicate Accounts 52

PYMNTS

JANUARY 7, 2020

The patent details a “system and method for managing transactions in dynamic digital documents” that would offer a shared distributed ledger to companies to offer parties the same data record that can’t be changed. R3’s patent is built on the private blockchain.

Disputes 53

Disputes Blockchain Duplicate Bitcoin 53

Nanonets

MARCH 15, 2024

Line items don't get resolved until the client schedules a meeting with your team who is doing the invoice data entry and document management All of this leads to delays in monthly close for clients, late vendor payments, inadequate expense planning, and difficulties in maintaining financial integrity. How can AI help here?

Automation 59

Automation AI Accounts Duplicate 59

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 AI 59

Nanonets

APRIL 3, 2024

From tracking expenses and invoicing clients to preparing tax documents, virtual bookkeepers provide peace of mind and ensure financial compliance for self-employed professionals. With advanced OCR and machine learning capabilities, Flow can extract relevant information from various expense documents such as receipts and invoices.

Automation 74

Automation Payment APIs and Integration Reconciliation Financial Analysis 74

Nanonets

MAY 7, 2024

This process typically involves reviewing transactions, invoices, receipts, and other financial documents to verify that they match up with the company's records and budget. Credit card reconciliation helps identify discrepancies such as fraudulent transactions, duplicate charges, or unauthorised expenses.

Reconciliation 52

Reconciliation Best Practices Credit Cards Compliance 52

Nanonets

JUNE 12, 2024

Cost Savings: Implemented properly, purchase order management systems ensure that businesses can negotiate better terms with suppliers, avoid duplicate orders, reduce administrative costs, and avail early payment discounts. Need Identification and Requisition Employees should be trained to identify and document procurement needs accurately.

Best Practices 52

Best Practices Automation Small Business Process 52

Nanonets

JUNE 19, 2023

By automating HR tasks such as data entry, document management, and payroll processing, organizations can achieve higher levels of accuracy and consistency. Collaboration features, such as shared document repositories and task management systems, facilitate seamless communication and coordination within the HR department.

Automation 52

Automation Process Compliance Payroll 52

Nanonets

JULY 14, 2023

Machines - Optical Character Recognition (invoice OCR) - recognizing the text and numbers present in the documents. This number is most of the time going to increase due to the duplication of invoices. This person would in turn forward all the invoices to a reviewer who will review every document entirely.

Automation 98

Automation Process Payment APIs and Integration Database 98

Nanonets

MARCH 4, 2024

Lawyers often grapple with many documents in the dynamic legal world where every second counts, and information is the key to success. The sheer volume of paperwork, from contracts and court pleadings to discovery documents and case research, can be overwhelming. What is OCR & what does OCR software do in the Legal Sector?

Legal 52

Legal Laws Automation AI 52

Nanonets

FEBRUARY 19, 2024

Manual verification of IDs and travel documents is time-consuming. Immigration officers have difficulty quickly validating identities and spotting fraudulent documents when manually reviewing visas and passports. It identifies and recognizes text within scanned travel documents, photos, or images.

Automation 52

Automation Volume AI Checks 52

Nanonets

JANUARY 28, 2024

This would require aggregating data from multiple financial sources, extracting relevant data from documents, matching data across different sources, and fraud checks. The software will only pull relevant information from each document through OCR technology.

Reconciliation 52

Reconciliation Automation Fraud Detection Duplicate 52

EBizCharge

APRIL 22, 2025

This process can identify any discrepancies, such as duplicate transactions or missed payments, before they become more significant financial issues. 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 52

Payment APIs and Integration Payment Gateways Gateways Payments 52