Fintech Finance

NOVEMBER 19, 2024

From unauthorised transactions to duplicate charges or service issues, cardholder disputes can swiftly become time- and cost-intensive for back-office teams, especially during peak periods like Black Friday and Cyber Monday, when transaction volumes spike.

Disputes 96

Disputes Consumer Protection Duplicate Transactions 96

VISTA InfoSec

MARCH 28, 2024

Regular data cleaning processes should also be in place to identify and correct inaccuracies or remove duplicate records. This could be through an online account management portal or direct contact with customer service.

Data Breach 278

Data Breach Regulatory Compliance Breach Encryption 278

Fintech Finance

JUNE 8, 2025

“Banks have an opportunity to adopt the mobile device as the main anchor of trust, rather than insisting on duplicate checks that frustrate customers,” says Marius Galdikas , CEO of ConnectPay , an all-in-one financial platform for online businesses.

Online and Mobile Banking 86

Online and Mobile Banking Authentication Credential Verification 86

Fintech News

JANUARY 13, 2025

However, modern spend management tools can swiftly sift through vast amounts of data, check for duplicity, matches the claims with company policies, and process them in real time. Traditionally, it’s time-consuming for employees to submit claims and for the finance team to process and approve them.

AI 123

AI Finance Automation SWIFT 123

The Fintech Times

MARCH 28, 2025

Purchase order (PO) number requirement: Ensures that no charge can be processed without a valid PO number Amount-based PO: Enforces PO requirements for transactions that exceed a buyer-defined threshold Unique PO number validation: Prevents duplicate PO numbers to maintain accurate records and avoid reconciliation issues Custom PO number format: Ensures (..)

B2B 64

B2B Reconciliation Duplicate Compromise 64

Finovate

MAY 20, 2024

90% reduction in data duplication 78% decrease in time needed to research records 5 hours per week saved by eliminating manual processes Time-to-response decreased from 1 to 2 days to less than 1 hour 35% increase in customer retention rates Join LeanData at FinovateSpring next week and see it in action.

Duplicate 117

Duplicate Facilitators Research Process 117

Clearly Payments

APRIL 17, 2025

Reconciliation involves making sure that the $10,000 actually arrived, that it matches the sales reports, and that there are no errors, missing funds, or duplicate payments. Identifying Discrepancies If something doesnt matcha transaction is missing, duplicated, or the amounts differthen the discrepancy is flagged for review.

Reconciliation 52

Reconciliation Payment Reconciliation Processors Payments 52

Fintech Finance

MAY 1, 2025

Notify me if any duplicate payments are charged. AI-powered monitoring continuously scans for anomalies, including duplicate payments, missing files, delays, and unexpected fees, alerting your team before issues escalate. Could you please assist me in answering a customer’s question about their payment status?

Treasury 59

Treasury AI Duplicate Payments 59

Fintech Finance

JANUARY 29, 2025

Integrated payment hub for advanced processing and workflow automation with ISO 20022 translation, duplicate detection, transaction monitoring and fraud prevention. Subscription-based pricing tailored to contract duration and usage, providing financial institutions with cost predictability and scalability.

SWIFT 59

SWIFT ISO 20022 Disaster Recovery Payment APIs and Integration 59

Axway

SEPTEMBER 1, 2023

Adopting Amplify Enterprise Marketplace is the key to unlocking hidden value in your API management solution. Many enterprises aren’t getting all the value they hoped out of their API program. They’re struggling to drive API adoption, understand usage, and eliminate …

Duplicate 52

Duplicate API 52

Fintech News

FEBRUARY 2, 2025

The bank immediately noticed a positive impact on its operational efficiency, Thanks to Way4, we got rid of a lot of unnecessary duplication, checks and business processes. In 4 months Tsesnabank migrated from BPC’s SmartVista to our Way4 card management platform. Now we have more time and capacity to develop the payment business.

Card Issuer 107

Card Issuer Issuers Multi-Currency Online and Mobile Banking 107

The Finance Weekly

MAY 16, 2022

All requirements for what-if scenarios are facilitated simply via duplicating a plan’s data set and flexing the necessary parameters to analyze the impact. The addition of new entities, account codes, lines of business etc. just represents adding a new structure, which could need new parameters, but the business rules are unaffected.

Payment APIs and Integration 130

Payment APIs and Integration Duplicate Database Rules 130

Cardfellow

JUNE 25, 2025

Duplicate Processing / Paid by Other Means 12.7: Duplicate Processing / Paid by Other Means 12.7: The individual codes are: 10.1: EMV Liability Shift Counterfeit Fraud 10.2: EMV Liability Shift Non-Counterfeit Fraud 10.3: Other Fraud – Card Present Environment 10.4: Other Fraud – Card Absent Environment 10.5:

Disputes 98

Disputes Credit Cards Card Association Acquirers 98

The Finance Weekly

OCTOBER 4, 2021

Identify duplicate or fraudulent invoices. Adopting an automated spend management solution can help you cut unnecessary spending and utilize your resources optimally. Here are some examples: Track every payment. No payments without approvals. Ensure internal budget controls are met. Track services that provide no value. Create custom reports.

Duplicate 130

Duplicate Automation Product Continuity 130

Fintech News

SEPTEMBER 9, 2024

However, executives believe this integration could also lead to the elimination of some duplicate back-office roles, further enhancing efficiency. The potential merger could create a combined unit with approximately 92,125 employees. billion.

Duplicate 134

Duplicate Continuity FinTech Posting 134

Nanonets

MAY 23, 2025

Matching and reconciliation: The AI automatically matches incoming transactions with existing bills, invoices, or receipts in your system, helping prevent duplicates and streamlining the reconciliation process. This often leads to payment delays, duplicate payments, or overpayments when discrepancies go unnoticed.

Automation 52

Automation AI Duplicate Process 52

The Fintech Times

JUNE 18, 2025

The Association also says that the one-year deadline for the European Commission to report on digital wallets is an issue, as part of the PSD3 review, as it risks duplicating existing or upcoming EU rules.

Rules 45

Rules IBAN Correspondent Bank Duplicate 45

PYMNTS

MAY 16, 2020

The company said that the system “may record bank note serial numbers and denominations to prevent duplicate bank notes, [and] may ensure transaction security by storing transaction signing private keys on a chip or mobile device Secure Element (when available). Embodiments may also allow for user anonymity.”.

Government 128

Government Governance Blockchain Request for Comment 128

Neopay

JUNE 13, 2025

Instead, the advice stems from a desire to avoid unnecessary duplication and complexity during a transitional period. However, the EBA notes that its stance is not based on the assumption that MiCA alone is sufficient to address the risks of EMT transactions.

Regulations 52

Regulations Duplicate Fraud Prevention Procedures 52

PYMNTS

AUGUST 13, 2020

Now, the expansion will let users access the benefits of Ramp’s ability to do away with duplicate and other needless expenses, which can help to cut down on expenses overall, the company says. That tightens the loop between spend and expense management, the release says, and can save customers around five days each month.

Duplicate 85

Duplicate Commercial Card Finance Product 85

The Fintech Times

FEBRUARY 14, 2024

Duplicate and fraudulent invoice detection : AI engines can identify potential duplicate invoices or invoices with unusual amounts and flag them for review. Supplier identification: Occasionally, suppliers are duplicated in the company’s master data source.

Automation 103

Automation Process Duplicate Compliance 103

Axway

MAY 19, 2025

What if you could identify all your duplicate AIs without manual intervention? In the past, we’ve showcased how to train a script and AI to go through a list of APIs in our enterprise marketplace— Amplify Engage. Since then, …

AI 52

AI Duplicate API 52

Finextra

JUNE 19, 2025

How can banks better collect, orchestrate, and reuse data to streamline onboarding and reduce duplication? Too often, data is siloed or incomplete, leading to duplication of effort, delays, and an inconsistent experience for commercial clients. What use cases exist today? What does good look like?

AML 52

AML Risk AI Compliance 52

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 104

Disputes Duplicate Non-Bank Authorization 104

PYMNTS

OCTOBER 14, 2020

million was possibly duplicate payments. The SBA's inspector general, according to Bloomberg, said it had identified over $250 million possibly given to ineligible recipients for the program, and another $45.6 The bank was questioned over its handling of Paycheck Protection Program (PPP) loans by both federal and state officials.

Law Enforcement 112

Law Enforcement Duplicate Small Business Laws 112

Finovate

MARCH 31, 2025

To this end, TreviPay’s advanced purchase controls feature a variety of configurable options including: Purchase Order (PO) Number Requirements to ensure that charges cannot be processed without a valid PO number Amount-Based PO Thresholds to automatically enforce PO requirements for transactions that exceed a buyer-defined threshold Unique PO (..)

B2B 59

B2B Reconciliation Online and Mobile Banking Small Business 59

Chargebee

MAY 23, 2024

An unplanned migration process can lead to data duplication, inaccurate revenue reporting, and business downtime – all affecting the incredible subscriber experience you want to deliver to your customers. Selecting a new billing system can feel like running ten miles in a marathon only to find 32 more miles to go.

Best Practices 76

Best Practices Duplicate Process 76

Nanonets

NOVEMBER 12, 2024

Record Already Exists Description: This error means NetSuite thinks there’s already a similar record in the system, which it sees as a potential duplicate. Workflows Where This Can Occur: Sales Transactions: When importing many sales orders , each transaction needs a unique identifier to avoid duplicates.

Error Resolution 52

Error Resolution Multi-Currency Duplicate Checks 52

Fintech Finance

JUNE 11, 2025

By combining bridging and term lending into a single, streamlined journey, we’re helping established businesses act quickly and confidently on their property plans – without the usual delays, fees, or duplicate underwriting. It’s a major step forward in our ambition for Allica to become a break-out bridging lender.”

Product 84

Product Duplicate Credential Underwriting 84

PYMNTS

AUGUST 14, 2020

Companies could end up paying twice if workers mistakenly file invoices that have already been uploaded or fail to realize when vendors accidentally submit duplicate invoices. AI-powered tools can help detect such issues and send alerts when they occur, however.

Process 106

Process Duplicate Automation AI 106

VISTA InfoSec

OCTOBER 20, 2023

Set up backup and recovery procedures: Develop protocols for duplicating and restoring ePHI data during data loss events. Implement Redundancy: Maintain duplicate systems or data to fall back on in case of a failure. Off-site backups : Store backups at a location separate from the primary site, such as on DVDs, CDs, or cloud storage.

Disaster Recovery 130

Disaster Recovery Procedures Regulatory Compliance Duplicate 130

Finextra

JUNE 12, 2024

The Co-op Bank hs apologised to customers after a computer glitch resulted in duplicate transactions, pushing some small business owners into their overdrafts.

Duplicate 59

Duplicate Small Business Transactions Payments 59

The Finance Weekly

NOVEMBER 13, 2024

Billing Mistakes Errors such as wrong amounts, duplicate invoices, or missed invoices are more likely with manual invoicing. Late Invoicing When businesses use a manual method to create and send invoices, it can cause delays in reaching customers. This delay in invoicing also leads to delayed payments and possibly negative cash flow.

Accounts 130

Accounts Duplicate CRM Automation 130

The Fintech Times

DECEMBER 19, 2024

Santacroce added: “Manual processes are inherently slow and prone to errors, making it difficult to match invoices, track approvals, or identify duplicate payments creating exploitable gaps for fraudsters, who are now using GenAI.

Automation 59

Automation AI Fraud Prevention Deepfake 59

PYMNTS

JULY 24, 2020

There were sellers offering data from what could have been 278,531 accounts, although some may have been duplicates or fake, the report noted. Instacart said that had never happened. “We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

Neopay

NOVEMBER 15, 2024

Streamlining Regulatory Requirements : The Chancellor highlighted that some regulatory requirements are duplicative and could be streamlined. The Treasury, the FCA and the PRA will shortly publish the outcomes of a review including a commitment to consult on removing the current Certification Regime from legislation.

Treasury 52

Treasury Duplicate Regulations Government 52

Fi911

MAY 22, 2024

Duplicate Charges : If a payer is charged more than once for the same transaction, the duplicates can be reversed. Some of the most common issues that result in a reversed payment include: Fraudulent Transactions : When a transaction is flagged as potentially fraudulent, it may be reversed to protect the payer.

Payer 104

Payer Address Verification System (AVS) Disputes Payee 104