Nanonets

JULY 22, 2025

Errors, duplicates, and inconsistencies pile up, forcing data engineers to spend 80% of their time cleaning and prepping data—leaving only 20% for actual analysis or AI modeling. Conventional ETL Pipelines: ETL works great for structured databases but falls apart with unstructured data. The result?

Automation 52

Automation Bots AI Tax Refunds 52

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

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

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

FEBRUARY 19, 2020

The area encompasses New York City, its suburbs and parts of New Jersey, “a very dense urban market in most instances, so there’s a lot of potential duplication of bank branches,” said Walter Bialas, director of research at Jones Lang LaSalle , the world’s second-largest commercial real estate services firm. There was a 2.2

FDIC 66

FDIC Duplicate Research Bank Closure 66

PYMNTS

OCTOBER 1, 2020

She pointed to joint research between Elan and PYMNTS that found roughly 70 percent of consumers with mobile card apps consider real-time transaction alerts to be among the most important features for mobile card apps. Security continues to be at the forefront of consumers’ minds.”. The Balancing Act.

Online and Mobile Banking 106

Online and Mobile Banking Disputes On-Demand Issuers 106

Fi911

AUGUST 16, 2024

However, research indicates a rising trend of chargebacks being filed for reasons that do not correspond with the assigned codes. This seems logical, but the complication arises from the fact that not all chargebacks are justified.

Disputes 94

Disputes Non-Bank EMV Authorization 94

PYMNTS

FEBRUARY 26, 2020

Research predicts the global ERP software market to grow double-digit percentage points over the next several years, reaching $70.3 billion by 2025. Quickly adopted cloud-based ERP solutions are fueling that growth, especially among small- to medium-sized businesses (SMBs).

Payment APIs and Integration 83

Payment APIs and Integration Automation Duplicate API 83

PYMNTS

AUGUST 5, 2020

While video streaming services remain popular, research indicates more consumers are also turning to online gaming and gambling platforms. Consumers today are looking for new avenues of at-home entertainment as many continue to lay low during the ongoing pandemic.

Bots 111

Bots Authentication Identity Theft Void 111

PYMNTS

MAY 10, 2019

Your personal iris data used for identification will never be retrieved or duplicated even if your USB is lost.”. Pen Test researcher David Lodge found a way to access the device’s backup password, which is used in the event the device fails or someone is unable to use their eye, by using a software tool that locates USB device traffic.

Encryption 68

Encryption Duplicate Cybersecurity Security 68

Tearsheet

SEPTEMBER 30, 2024

Currently, 80% of consumer companies report offering payments-related products, 61% report offering credit and debit products, and 56% reporting rewards products, according to research. Duplicative costs: Handling multiple vendors can result in redundant expenses, services overlap, and inefficiencies in vendor management.

Embedded Finance 97

Embedded Finance Finance Payment APIs and Integration Duplicate 97

PYMNTS

JANUARY 18, 2019

As reported late this week in Dark Reading , and as estimated by security research firm Agari , efforts are “ramping up” wherein criminals look to “divert payrolls” of senior executives. A pair of studies have shown that companies are increasingly being targeted through methods both sophisticated and decidedly mundane.

Business Email Compromise 69

Business Email Compromise Scams Payroll Audit 69

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. These are mostly just errors.”. Clearly, there is a lot of room for error.

Duplicate 48

Duplicate AI Audit Automation 48

PYMNTS

FEBRUARY 6, 2019

According to CCN, and quoting Nikkei Asian Review , the three banks said that the project was a duplication of their own efforts on a bank-by-bank basis. Of the hires, four of the five researchers behind the academic paper that underpins the startup are joining Facebook.

Blockchain 76

Blockchain Duplicate Procedures Database 76

CB Insights

DECEMBER 21, 2018

Decentralized ledgers and blockchains could offer robust cybersecurity solutions for healthcare data, secure pharma and medical device supply chains, and remove duplicative administrative work for insurers. The post 10 Healthcare And Pharma Giants Working On Blockchain Solutions appeared first on CB Insights Research.

Blockchain 71

Blockchain Participant Duplicate Cybersecurity 71

PYMNTS

JUNE 20, 2019

Suppliers can also submit duplicate invoices, or issue the same invoice with different billing amounts. According to their research, by combining the red flag approach with the processing mining, which extracts data from actual processes and their event logs, the instance of false positives can be significantly reduced.

B2B 73

B2B Fraud Detection Third Party Vendors Payments 73

PYMNTS

JUNE 7, 2018

In a survey of B2B buying organizations conducted by SnapApp and Heinz Marketing last year, researchers found that millennial corporate buyers rank their personal relationships with suppliers as the most effective way to evaluate products and services that vendors offer. When consolidated, the list was comprised of about 24,000 companies.

Duplicate 57

Duplicate Legal Mitigation Risk Mitigation 57

The Fintech Times

AUGUST 3, 2024

” However, new Moneyhub research, which polled 2,000 UK consumers, found that only 22 per cent have noticed improvements since the regulations came into effect. Backed by the threat of severe penalties, the FCA seeks to end the ‘bare minimum’ approach to the communication of financial information.

Consumer 59

Consumer Rules Duplicate Regulations 59

PYMNTS

SEPTEMBER 24, 2018

He noted that 63 percent of organizations report duplicate invoices, and that in addition to inefficiencies tied to paper-based processes, as many as 15 employees are “tied up” by dealing with invoices. The average invoice came in a week late, according to the research, and 10 percent of invoices were paid more than 15 days late.

Duplicate 48

Duplicate Payments Government Governance 48

PYMNTS

NOVEMBER 10, 2017

Earlier this year, researchers at the Association for Financial Professionals found that instances of check fraud and Business Email Compromise scams increased between 2015 and 2017, with fraud originating both within and outside the enterprise. It’s a very involved process. It takes a lot of time, and it’s very expensive to do.”.

Duplicate 44

Duplicate Audit Email Compromise B2B 44

FloQast

JANUARY 17, 2024

In November 2023, the FRC announced that it would publish the revised Corporate Governance Code in January 2024, but that it would be making only a “small number of changes that streamline and reduce duplication”. The government’s push for reform is likely to have a significant impact on the accounting industry.

Government 102

Government Governance AAP Audit 102

PYMNTS

AUGUST 14, 2019

In another statement, Cabcharge Head of Corporate Accounts Todd Shipp said the company’s own research suggests “half of Australian finance teams don’t feel they have complete control over their travel policy.” ” In the U.S.

Duplicate 43

Duplicate Wire Wires Credit Cards 43

PYMNTS

APRIL 28, 2017

While Pew Research shows 79 percent of Americans shop online, it also found that 82 percent place a high value on factoring reviews into their purchasing decisions. While online reviews seem to make or break a product’s success online, research shows that nearly 15 percent of all online reviews are fake.

Authentication 57

Authentication Online and Mobile Banking On-Demand Duplicate 57

Nanonets

MARCH 22, 2023

Issues with duplication Many account payable outsourcing companies charge on a per-invoice basis. Hence, if your business shares duplicate invoices, you are going to have to pay for that too. If outsourcing providers do not have the facility to detect duplicate invoices, then the business ends up incurring more costs than necessary.

Accounts 52

Accounts Duplicate Automation Process 52

PYMNTS

AUGUST 19, 2019

percent of expenses as high risk, tied to duplicative spending or as being unauthorized. Moreover, in terms of the larger picture, more than 96 percent of enterprise spend beyond that of payroll is related to accounts payable; 3.7 percent of the remainder is T&E related. AI, according to the findings, can flag 8.7

Audit 56

Audit AI Duplicate Regulatory Compliance 56

PYMNTS

SEPTEMBER 19, 2017

Researchers estimate that 10,000 finance sector jobs will be shifted outside the U.K. Researchers estimate that 10,000 finance sector jobs will be shifted outside the U.K. economy and into Europe, while others may lead to duplicate roles at EU banks, the report found. A new survey released by Reuters on Monday (Sept.

Duplicate 40

Duplicate Economy Research Finance 40

PYMNTS

JANUARY 4, 2017

The advent of the cloud has also done wonders for cyberthieves, with corporate data migrating and being duplicated into the cloud in order to support the mobile workforce’s access needs. Researchers in 2015 found that about 60 percent of cyberattacks that occurred in 2014 hit small and medium-sized enterprises.

Duplicate 47

Duplicate B2B Use Case Data Breach 47

FICO

NOVEMBER 22, 2021

in pet scams so far this year , so it’s important to do your research on sellers. Google the person’s name and web copy, check for customer reviews, do a reverse image search to see if you find a duplicate site. Australians have lost $2.5M

Scams 98

Scams Online and Mobile Banking Identity Theft Credit Cards 98

PYMNTS

JUNE 16, 2020

Fifty-six percent of restaurant owners believe reviews to be a more important driver of traffic and revenue than traditional advertising, and there is research to back this up: A ratings improvement of just half a star on Yelp can increase the likelihood of a restaurant filling all of its tables during peak hours by up to 39 percent.

Venmo 61

Venmo Push-to-Card Duplicate Bots 61

PYMNTS

JANUARY 24, 2020

Forty-two percent of consumers use them to find coupons, according to recent research , 38 percent to look up menu items and a full one-third say they use their mobile order-ahead apps more often than they did two years ago.

Account Takeovers 56

Account Takeovers Duplicate Data Breach Breach 56

PYMNTS

OCTOBER 25, 2019

Kabbage said the solution negates the need for a small business owner to generate individual accounts, open new payment orders or duplicate documents for recurring invoices sent out to customers. Small business customers can generate a unique URL to provide customers with a link to send card payments via text, email or web.

Process 40

Process Small Business Duplicate Payments 40

Payment Savvy

MAY 12, 2023

According to a report by Grand View Research, the payment automation market is expected to reach $12.45 Common Issues with Manual Payment Processing Manual payment processing can be time-consuming and prone to errors, resulting in duplicate payments, overpayments, and late payments. billion by 2027, growing at a CAGR of 9.9%

Automation 52

Automation ACH Payments Duplicate 52

Nanonets

APRIL 12, 2023

Research by McKinsey has shown that companies that streamline their operations before economic downturns begin are better positioned to succeed during recessions. In this step, organizations validate and clean the data, removing any discrepancies, duplicates, or errors. Spend management is essential for various reasons.

Duplicate 52

Duplicate Compliance Automation Process 52

PYMNTS

MAY 1, 2018

That’s according to new research from Optal , published earlier this month, which commissioned Davies Hickman to survey more than 100 corporate finance professionals in the U.K. Yet this research clearly shows current processes for B2B transactions are letting them down.”. Finance experts in some of the U.K.’s

B2B 47

B2B SWIFT Payments Faster Payments 47

Nanonets

AUGUST 7, 2023

For example, object detection models might use non-maximum suppression to eliminate duplicate detections. Explaining complex decisions made by deep neural networks is an ongoing area of research. Post-Processing and Visualization Depending on the task, post-processing techniques may be applied to refine the model's outputs.

AI 90

AI Process On-Demand Automation 90

PYMNTS

DECEMBER 3, 2018

At present, research suggests that companies have significant room for improvement in expense management. In separate research released in June by Chrome River , a survey of business travelers across the U.S., The Economist Intelligence Unit surveyed chief financial officers and other financial managers across the U.S.,

Automation 57

Automation AI Duplicate Treasury Management 57

Nanonets

NOVEMBER 14, 2023

Although there are many e-invoicing solution providers, it is crucial for a business to understand its own requirements and conduct thorough research. The aim should be to find an e-invoicing solution that not only solves all the business demands but also integrates with ERP and other accounting software to be able to achieve AP automation.

Automation 52

Automation Duplicate Process Accounts 52