Finovate

DECEMBER 11, 2024

They have been successfully used in cross-border payments, remittances, and payroll for global workforces because they enable instant payouts at rates much cheaper than funds sent via traditional banking rails. Regtech The ongoing fallout from the Synapse failure has created a renewed focus on regulatory compliance.

FinTech 59

FinTech Stablecoins BNPL Cross-Border 59

The Fintech Times

APRIL 12, 2025

The past year has seen numerous traditional banks capitalising on the embedded finance market; JPMorgan Chase and Goldman Sachs recently formed partnerships with embedded finance fintechs Gusto and Modern Treasury, respectively, to offer banking customers the ability to embed payroll services, help companies add payments to products, and more.

Embedded Finance 78

Embedded Finance Finance Payment APIs and Integration Non-Bank 78

PYMNTS

NOVEMBER 10, 2020

Immigrants must quickly establish local bank accounts in their host countries so they can easily receive payroll, and many also seek seamless, cost-effective ways to send money back home. These customers may struggle to find convenient services, however. customers to recipients in Asia and Europe.

Cross-Border 86

Cross-Border Correspondent Bank Correspondent Regulatory Compliance 86

PYMNTS

FEBRUARY 24, 2016

When it comes to payroll, payday is the most important day. This week, one payroll software company is celebrating thanks to its own payday. Namely, which provides payroll and HR solutions, announced on Tuesday (Feb. billion in payroll every year for its clients.

Payroll 40

Payroll Regulatory Compliance Compliance Continuity 40

PYMNTS

JANUARY 22, 2021

Arca said it plans to use the investment to continue building out its infrastructure, bolster its regulatory compliance capabilities, and create enhanced asset management solutions. Accounting automation company Georges, based in France, landed $42.4 million in fresh funding, TechCrunch reported.

B2B 81

B2B Security FinTech Participant 81

Nanonets

NOVEMBER 15, 2023

The two differ in terms of regulatory compliance and maintaining cash flow. Regarding compliance, various industries and organizations are subject to specific rules and regulations governing how funds are distributed and repaid. only reimbursements are subject to VAT treatment and tax regulatory compliance.

Regulatory Compliance 52

Regulatory Compliance Compliance Correspondent Government 52

Nanonets

APRIL 26, 2024

With this integration, you’ll gain greater visibility and transparency into financial transactions, reduce errors, and ensure regulatory compliance.    Payroll HR  Payroll is one of the most important tasks a business regularly completes.

Payroll 52

Payroll CRM Reconciliation Automation 52

Fintech Finance

JUNE 3, 2024

Today, Nium serves some of the world’s largest financial institutions, digital platforms, and global businesses across the remittance, payroll, spend management, travel, insurance, and marketplace sectors. The post Nium Expands Cross-Border Payments Platform to Serve Global Marketplaces appeared first on Fintech Finance.

Cross-Border 52

Cross-Border Cross-Border Payments Multi-Currency Payment Service Provider (PSP) 52

PYMNTS

AUGUST 19, 2019

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 AI, she added, can enforce regulatory compliance and verify receipts across dozens of languages. percent of the remainder is T&E related. AI, according to the findings, can flag 8.7

Audit 56

Audit AI Regulatory Compliance Duplicate 56

PYMNTS

APRIL 19, 2019

Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance. With participation from Mark Bezos and Blue Ridge Capital Founder John Griffin, Spur offers human resources management and payroll solutions for businesses with high volumes of hourly workers.

B2B 69

B2B Commercial Card Small Business Risk Mitigation 69

EBizCharge

JULY 16, 2024

Under NACHA’s stewardship, the ACH network processes various payments, including direct payments for payroll, social security benefits, tax refunds, and more. Educational materials: A mixture of webinars, courses, and publications to educate on electronic transactions, compliance standards, and risk management practices.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

M2P Fintech

MARCH 28, 2024

Compliance-as-a-Service (CaaS) CaaS is a cloud-based solution that outsources the management of regulatory compliance for businesses, including implementation, maintenance, and employee training. Payroll Card A payroll card is a reloadable prepaid card employers use to pay employees instead of checks or direct deposits.

FinTech 59

FinTech Online and Mobile Banking Push-to-Card Payer 59

PYMNTS

JULY 25, 2016

As Campbell-Drake noted, there are essentially two payments classifications: high-value transactions conducted across banks or ACH transactions, which tend to be lower in value, executed more frequently and involve recurring payments, such as payroll, bill payments and batch processes.

ISO 20022 40

ISO 20022 ISOs Federal Reserve Message Standards 40

PYMNTS

NOVEMBER 19, 2019

The Compliance Burden Proliferates. Digitization takes away the risk of moving hundreds of thousands of dollars in cash for tax payments, accounts payable or even payroll, Craig said, addressing the “very touch-intensive,” “expensive” and “wrought-with-error” processes associated with cash and manual financial processes.

Compliance 43

Compliance Legal Payments Due Diligence 43

PYMNTS

APRIL 18, 2019

“It’s only in cases where a client says, ‘We are going to go out of business, we are going to miss payroll, this is going to ruin my company unless we explore this option,'” he said in a recent interview. Bitcoin at the Center.

Ransomware 57

Ransomware Bitcoin SDN Cryptocurrency 57

PYMNTS

OCTOBER 2, 2019

In recent years, it’s this need for regulatory compliance — and not necessarily a desire to digitize and embrace technology — that has encouraged fleets to adopt ELDs, telematics, IoT and other innovations that vow to transform the industry. Financing ways to make using the ELD valuable as a business asset is important.”.

Regulatory Compliance 48

Regulatory Compliance Compliance Automation Regulations 48

Nanonets

SEPTEMBER 18, 2024

Financial document automation is crucial to ease employee stress, improve customer service, reduce turnaround times, and enhance regulatory compliance. They are responsible for vendor payments, maintaining transaction records, auditing, taxation, and regulatory compliance.

Automation 52

Automation Audit Payment APIs and Integration Compliance 52

PYMNTS

JANUARY 15, 2018

Same-day ACH is now a reality for payroll, bill payment, business-to-business (B2B) payments, account transfers and many other applications.”. “Financial institutions, businesses and consumers are reaping the benefits of same-day ACH,” said Jane Larimer, chief operating officer of NACHA, in a press release earlier this month.

B2B 55

B2B Same Day ACH Innovation NACHA 55

EBizCharge

AUGUST 28, 2024

Compliance and regulatory importance: ABA numbers are integral to regulatory compliance within the banking industry. In addition to the Federal Reserve using ABA numbers to process Fedwire funds transfers, they’re required for banks to reconcile accounts and ensure compliance with relevant financial regulations.

Wire Transfer 52

Wire Transfer Direct Deposit Wire Wires 52

EBizCharge

AUGUST 28, 2024

Compliance and regulatory importance: ABA numbers are integral to regulatory compliance within the banking industry. In addition to the Federal Reserve using ABA numbers to process Fedwire funds transfers, they’re required for banks to reconcile accounts and ensure compliance with relevant financial regulations.

Wire Transfer 52

Wire Transfer Direct Deposit Wire Wires 52

Nanonets

MARCH 4, 2024

Legal and Regulatory Costs : Fees for patents, trademarks, and regulatory compliance. Platforms like Nanonets, QuickBooks, Xero, or FreshBooks can automate the tracking of expenses, invoicing, and payroll, significantly reducing the potential for human error and saving time. Generally deductible. Fully deductible.

IRS 52

IRS Online and Mobile Banking Credit Cards Automation 52

Nanonets

FEBRUARY 28, 2024

This process is vital for a myriad of functions, such as reconciling invoices with the general ledger, and extends to numerous other business processes including inventories, payroll, sales, and customer information, among others. Why is Data Reconciliation important?

Reconciliation 52

Reconciliation Process Audit Compliance 52

PYMNTS

MARCH 8, 2018

While WorldRemit is currently focused on delivering P2P transfers, Nazzaro foresees the same technology eventually being used to help businesses exchange payments across borders – especially for payroll distribution and vendor services. Having those compliance checks in place is crucial for a cross-border operation.

Compliance 40

Compliance Cross-Border P2P Online and Mobile Banking 40

Nanonets

JULY 28, 2023

Documents such as purchase orders, invoices, holiday requests, proof of delivery, payroll, and more are passed between departments, requiring approval or changes at each stage, and the management of document workflow is of utmost importance to the smooth functioning of the company. Managed documents can also be tagged for automated alerts.

Disaster Recovery 52

Disaster Recovery Automation Procedures Compliance 52

EBizCharge

SEPTEMBER 17, 2024

Financial institutions set these limits to mitigate risk and ensure regulatory compliance. For instance, ACH direct deposits, such as payroll, government benefits, or tax refunds, often have higher limits than direct payments for bills or purchases.

ACH 52

ACH Same Day ACH Electronic Funds Transfer (EFT) Direct Deposit 52

FICO

DECEMBER 20, 2022

As FIs have more customers using more forms of digital payments, defending against the dizzying array of scams will be crucial to their customer experiences, and potentially required for regulatory compliance. Most of that growth, according to NACHA , has come from payroll by direct deposit and consumers’ electronic bill pay.

Digital Payments 52

Digital Payments Scams BNPL ACH 52

Nanonets

AUGUST 22, 2023

Excel automation can streamline financial analysis, reporting, budgeting, and regulatory compliance processes. Human Resources: HR departments manage employee data, payroll, recruitment, and performance evaluations. Excel automation can simplify payroll calculations, automate onboarding processes, and generate HR reports.

Automation 52

Automation Process Volume Consulting 52

PYMNTS

SEPTEMBER 9, 2016

Use cases for Same Day ACH include account-to-account transfers and same-day payrolls, to name a few. If NACHA’s projections come to fruition, about 1.4 billion Same Day ACH payments will be made yearly in the decade following the complete implementation.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

Nanonets

SEPTEMBER 27, 2024

These pain points span across various aspects of insurance operations, from customer experience and fraud prevention to operational efficiency and regulatory compliance. High Operational Costs : Moreover, scaling manual processes can lead to high payroll costs within insurers.

Process 52

Process Underwriting Automation Database 52

EBizCharge

JULY 29, 2024

Process automation: Routine business processes, such as order processing, payroll, and inventory management, are automated, reducing manual intervention and the potential for errors. Increased data security and compliance with regulations Data security and regulatory compliance are critical concerns for businesses.

Product 52

Product Payments Electronic Funds Transfer (EFT) Compliance 52

Nanonets

JULY 21, 2023

Payroll processing: Capability of handling payroll tasks and providing employee access through the employee portal. Audit trails: Maintaining a detailed record of activities for compliance and auditing purposes. Regulatory compliance: Adherence to industry regulations and standards.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

Nanonets

FEBRUARY 28, 2024

Compliance and Reporting Audit Trails : Records of changes to data for transparency and compliance. Regulatory Compliance : Features to ensure compliance with financial regulations. Tax Management : Support for various tax rates and jurisdictions.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

Nanonets

MARCH 4, 2024

Regulatory Compliance Risks Inadequate Documentation Failing to meet the detailed documentation requirements set by tax authorities. Non-compliance with IRS or International Guidelines Misclassification of expenses can lead to tax compliance issues.

Process 52

Process Compliance Audit Automation 52

Nanonets

JANUARY 17, 2024

Regulatory Compliance – Don’t Mess with The Law : Automated expense management ensures that you're always on the right side of the law, avoiding costly legal pitfalls. With ever-changing regulations, managing compliance manually is like juggling dynamite.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

Finovate

APRIL 21, 2025

Nine companies, including APIMatic , BankShift , Casca , CoHome , DashDevs , Express Wages , Flix , QuickFi , and TAPP Engine are enabling financial services to be embedded within broader customer journeys in areas ranging from e-commerce to payroll to enterprise tools.

Embedded Finance 66

Embedded Finance Disputes AI Fraud Detection 66

EBizCharge

MARCH 21, 2025

This includes data entry, invoice processing, bank reconciliations, and payroll management, which can be completed seamlessly with AI-driven software. AI identifies potential compliance risks in real-time, helping businesses avoid legal penalties and prepare for audits with accurate, well-organized financial records.

AI 52

AI Accounts Fraud Detection Audit 52

PYMNTS

OCTOBER 30, 2020

Businesses are working to speed up their payroll and business-to-business (B2B) transactions , but there is not one solution that fits the needs of all companies. REPORT: Consumer Privacy Concerns Demand Regulatory Compliance.

B2B 64

B2B Technology Payments On-Demand 64