The Finance Weekly

MAY 20, 2024

What Is Bank Reconciliation? Bank reconciliation is a process companies use to ensure that their recorded cash balances align with the actual cash held in their bank accounts. Nevertheless, banks still manage most business accounts, and the same reconciliation procedures can be applied to these other cash positions.

Reconciliation 130

Reconciliation Adjustments Best Practices Wire Transfer 130

Basis Theory

MARCH 27, 2025

Learn what payment reconciliation means to different industries, and how automation can make life easier for finance teams. Start reconciling better!

Payment Reconciliation 100

Payment Reconciliation Reconciliation Automation Process 100

Stax

JANUARY 21, 2025

With payment methods like credit cards and mobile payments being table stakes these days, the Canadian payment processing landscape has gotten quite crowded with numerous processors and merchant service providers vying for business, each offering different features and fee structures. TL;DR Looking for payment processing in Canada?

Credit Card Payment Processing 88

Credit Card Payment Processing Credit Cards Process Payment APIs and Integration 88

Fintech Finance

NOVEMBER 13, 2024

Bank transfer also typically results in a cumbersome manual payment reconciliation process for brands: according to PwC, on average 30% of a finance team’s time is spent on manual reconciliation, with error rates between 0.8% Ease of payment significantly increases the likelihood of payment, so our next step was clear.

B2B 105

B2B Reconciliation Payments Payment Reconciliation 105

Finovate

JANUARY 30, 2025

UK-based, multinational insurance company Aviva has teamed up with automated reconciliations solution provider AutoRek. Aviva will deploy AutoRek’s platform to provide a fully audited, rules-based reconciliation process that reduces the risks associated with manual processing.

Reconciliation 52

Reconciliation Automation Audit Rules 52

EBizCharge

FEBRUARY 26, 2025

NetSuite offers a comprehensive suite of financial services designed to streamline payment processes. NetSuite automates key aspects of the payment process, including authorization, capture, and settlement, reducing manual effort and minimizing errors. Consider the gateways payment processing capabilities.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

FloQast

NOVEMBER 20, 2024

Efficient account reconciliations is a cornerstone of modern accounting practices, demanding precision and speed to keep pace with today’s financial landscape. These challenges are often exacerbated by time-consuming manual matching processes and inconsistencies in data.

Reconciliation 105

Reconciliation AI Transactions Accounts 105

Clearly Payments

APRIL 10, 2025

Credit card processing fees can be confusing for many businesses. Understanding how to calculate your true processing rate is key to managing your costs and finding the right payments partner. Heres a straightforward way to calculate your effective credit card processing rate and what it means for your bottom line.

Credit Cards 59

Credit Cards Process Processors Non-Bank 59

Trade Credit & Liquidity Management

JUNE 11, 2025

One key safeguard — often buried in fine print — is the reconciliation clause. But in practice, many MCA funders either ignore reconciliation requests altogether or use procedural hurdles to render the right meaningless. Reconciliation is meant to restore balance. The reconciliation clause already protects you.”

Reconciliation 52

Reconciliation UCC Legal Adjustments 52

Stax

JULY 2, 2025

.” He emphasized that a tightly integrated payment solution does far more than just process transactions; it creates a stickier product and lower churn, which directly increases your customer lifetime value. This incremental revenue, generated from processing transactions through your platform, can be surprisingly substantial. .”

Volume 68

Volume Payments Strategy Process Payments 68

The Payments Association

MARCH 19, 2025

The growing role of digital assets in payments The way we process payments has changed drastically in the last decade. Instant, contactless, and tokenised payments are now at the forefront of payment processing. In fact, a staggering 90% of firms still use spreadsheets for payment reconciliation. The result?

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

Stax

MAY 6, 2025

Volume caps, poor integrations, manual reconciliation, and clunky mobile checkout are all signs your current system wont scale with you. It adapts as you grow, offering the tools you need to manage payments, support new business models, and ensure secure, efficient payment processing. Look for red flags that signal limits.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Volume Payments 88

Fintech Finance

FEBRUARY 17, 2025

The post Yonder Partners With Griffin to Launch Top-Ups and Simplify Payments Reconciliation appeared first on FF News | Fintech Finance. With these additions, Yonder is able to give its customers more control over how they spend credit while still enjoying all the rewards.

Payment Reconciliation 59

Payment Reconciliation Reconciliation Credit Cards Payee 59

Paystand

JUNE 10, 2025

Table of Contents What Is Payment Processing? Why Is Payment Processing Important? How Does Payment Processing Work? Various payment methods are available, such as credit cards, ACH payments, and EFT payments, each with different processing times.

Process 40

Process Best Practices Gateways Payment Gateways 40

EBizCharge

MAY 22, 2025

Thankfully, this article will guide you through best practices for streamlining invoicing and billing processes to transform financial management and operations. Billing is the process of charging customers for provided services, products, and resources. Many businesses struggle with tracking invoices due to manual processes.

Process 52

Process Best Practices Reconciliation Automation 52

EBizCharge

MARCH 3, 2025

Thankfully, leading integrated enterprise resource planning (ERP) systems like Acumatica cater to diverse business needs by integrating robust credit card processing tools into its platform. Acumatica is a cloud-based ERP software designed to help businesses manage their core financial processes efficiently. What is Acumatica?

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Fintech Finance

MAY 26, 2025

Merchants across Europe will be able to process payments using their Android mobile or tablet devices using new technology unveiled today by Trust Payments , the disruptive leader in frictionless payments and value-added services for merchants. Process refunds: You can refund purchases directly from inside the app.

Process 52

Process Payments Value Added Service Contactless Payments 52

EBizCharge

JUNE 3, 2025

As businesses grow and transaction volumes increase, the need for a dependable and scalable payment processing solution becomes critical. A high-volume merchant account is a payment processing account specifically designed for businesses that regularly process a large volume of credit and debit card transactions.

Volume 52

Volume Credit Cards Process CRM 52

EBizCharge

MARCH 18, 2025

As data breaches evolve and advance, a robust payment processing system that protects sensitive financial information is essential. For companies using Sage 100, understanding how to process credit cards securely is not just an option it’s a necessity.

Credit Cards 52

Credit Cards Process Security Data Breach 52

The Payments Association

JANUARY 13, 2025

Central to these changes are new statutory trust requirements, more prescriptive record-keeping, reconciliation standards, and the mandate for external safeguarding audits. The first being to engage with the regulatory process. Automation will help to streamline reporting and reconciliation tasks, reducing the risk of human error.

Compliance 88

Compliance Audit Legal Reconciliation 88

Clearly Payments

APRIL 8, 2025

Whether you’re dealing with complex billing models, global expansion, legacy systems, or escalating processing fees, payment challenges grow with scale. Operations: Streamlining Payment Processes to Reduce Friction Payments touch nearly every part of an enterprise: finance, accounting, customer support, compliance, IT, and beyond.

Consulting 89

Consulting Payments Cross-Border Due Diligence 89

Fintech Finance

DECEMBER 3, 2024

With over 170 million users and 90% of Brazil’s adult population using the system, Pix is now integral to payment processing for businesses across sectors. It also supports multiple registered accounts for bettors, streamlining the payment process while maintaining compliance.

Regulations 98

Regulations Account Validation Compliance Automation 98

Fintech Finance

MARCH 25, 2025

By eliminating the complexities of traditional account structures, VAM simplifies reconciliation, enhances cash management, and delivers a superior customer experience. “Our enhanced VAM solution, infused with AI, represents a paradigm shift in payment management, offering banks the tools they need to stay ahead of the curve.

AI 76

AI Accounts Reconciliation Cash Management 76

Fintech Finance

NOVEMBER 26, 2024

Arab Financial Services (AFS) , the Middle East and Africa region’s leading digital payment solutions provider and fintech enabler, announced a strategic partnership with PayTic , a Software-as-a-Service company specializing in end-to-end automation of process-heavy card program operations.

Reconciliation 98

Reconciliation Automation Mitigation Digital Payments 98

Fintech Finance

JANUARY 23, 2025

This cloud-based integration helps merchants automate and streamline invoicing, accept secure payments and automate reconciliation all within a single platform. By embedding payment functionality directly into widely used accounting software such as QuickBooks, Bill Connect eliminates the need for costly and complex ERP-based systems.

Accounts 95

Accounts Embedded Payments Reconciliation ACH 95

Fintech News

APRIL 23, 2025

Founded in Bangalore, Juspay offers a range of payment solutions including orchestration, authentication, tokenisation, reconciliation, and fraud prevention tools for enterprises and banks. The company says it currently processes over 200 million transactions daily, with annual transaction volume exceeding US$900 billion.

APACS 74

APACS Reconciliation Fraud Prevention Payments 74

Fintech Finance

DECEMBER 5, 2024

The initial integration will provide the following benefits: Eliminate complexity, gain insight: Further automate financial processes with integration of accounts and payment-enabled invoices to ascertain revenue and cashflow positions.

Small Business 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

Fintech Finance

AUGUST 23, 2024

Tribe Payments has been chosen by SetldPay to provide their issuer processing, with the company also benefitting from Tribe’s Risk Monitor and 3D Secure solutions. A key USP for SetldPay is their automated funds flow that allows just-in-time funding to minimise pre-funding requirements and massively simplify reconciliation.

Issuers 98

Issuers Process Reconciliation AML 98

Fintech Finance

NOVEMBER 18, 2024

Today’s businesses often have no choice but to use multiple platforms to manage their financial operations, from paying supplier invoices to processing payroll, managing treasury, and accessing finance. For instance, 60% of large companies use at least five separate systems just for accounts payable.

Automation 104

Automation Accounts Acquirers Embedded Payments 104

Fintech News

DECEMBER 18, 2024

By embedding Taurus-PROTECT into Temenos Core, the integration automates key processes such as wallet creation, deposits, and transfers. It eliminates the need for complex integrations, reducing manual work and operational risks while ensuring real-time booking and reconciliation of digital asset transactions alongside traditional assets.

Reconciliation 113

Reconciliation Cryptocurrency On-Demand Automation 113

The Payments Association

MAY 16, 2025

Yet, orchestration goes beyond merely streamlining accessit also optimises payment strategies to maximise acceptance rates, minimise costs, and reduce friction in the checkout process. Payment orchestration platforms enable instant payment processing and settlement by integrating with domestic and international real-time payment rails.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

Fintech Finance

NOVEMBER 26, 2024

This partnership will see Thomson Medical leveraging Adyen’s integrated payments technology to enhance patient experiences and streamline operational processes across its hospital and a network of 37 specialist medical clinics, facilities, and services island-wide.

Reconciliation 98

Reconciliation SWIFT On-Demand Finance 98

The Payments Association

FEBRUARY 10, 2025

Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions. AI can enhance transaction monitoring, while stronger KYC processes and staff training will help manage risks and maintain compliance.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Finance

JUNE 23, 2025

Silverflow , the new standard in payment processing , has partnered with Deutsche Bank to launch a new cloud-native payments platform across Europe. Since going live, the partnership has delivered a quantifiable impact. As a result, customer complaint volumes have been minimised, significantly reducing operational overheads.

Payment APIs and Integration 59

Payment APIs and Integration Acquirers Digital Payments Disputes 59

Fintech News

APRIL 21, 2025

Businesses can also process US dollar wire transfers to more than 170 countries and make payments in over 30 currencies, including USD, EUR, and CNY. Businesses can pay suppliers in their local currencies, helping to lower exchange rate and reconciliation costs, with clear references for each payment.

Business Payments 96

Business Payments Cross-Border Wire Transfer Payment APIs and Integration 96

The Fintech Times

MARCH 28, 2025

TreviPay , the B2B payments and invoicing network, has launched advanced purchase controls to address pain points in the B2B purchasing process for its clients. ” The advanced purchase controls solution includes a range of configurable options to ensure B2B buyers can pay invoices according to their preferences.

B2B 64

B2B Reconciliation Duplicate Compromise 64

EBizCharge

JULY 14, 2025

Whether you’re managing eCommerce sales, B2B invoicing, or recurring subscriptions, the setup behind your NetSuite payment processing can either streamline your day-to-day or create a mess of manual work. That can mean missed updates, reconciliation issues, or manual cleanup. But they come with trade-offs.

Credit Cards 52

Credit Cards Reconciliation Payments Process 52