The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. Defining Account Reconciliation The basic steps involved in reconciliation transactions include the following: 1.

Reconciliation 130

Reconciliation Automation Accounts Finance 130

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

FloQast

MAY 15, 2024

The month-end Close process suffered from recurring errors, a lack of accountability, and time-consuming reconciliations across numerous bank and general ledger (GL) accounts. Results Achieved : With FloQast, Ascent Aviation streamlined their 20-day close process to just 10 days.

Reconciliation 105

Reconciliation Automation Close Processes Accounts 105

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

FloQast

MARCH 13, 2024

In the world of accounting, the reconciliation process stands as a critical linchpin, ensuring the accuracy and integrity of financial data. As companies navigate complex financial landscapes, the need for streamlined reconciliation processes has never been more pronounced.

Reconciliation 98

Reconciliation Automation Compliance Mitigation 98

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

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. Infrastructure: Building a Scalable and Future-Ready Payments Stack Enterprises often operate on a varied technology stack of payment systems built up over years and sometimes decades.

Consulting 89

Consulting Payments Cross-Border Due Diligence 89

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. For firms to navigate these challenges effectively, strategic investments in technology, compliance expertise, and stakeholder engagement will be crucial.

Compliance 88

Compliance Audit Legal Reconciliation 88

Fintech Finance

DECEMBER 5, 2024

Nasdaq: INTU), the global financial technology platform behind TurboTax, Credit Karma, QuickBooks, and Mailchimp, has announced a collaboration with Adyen , the fintech of choice for many of the world’s leading businesses, to help small and mid-market businesses (SMBs) more easily manage electronic payments. Intuit Inc.

Small Business 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

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

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

MARCH 25, 2025

By eliminating the complexities of traditional account structures, VAM simplifies reconciliation, enhances cash management, and delivers a superior customer experience. At Pay360, we are excited to highlight how our technology is driving the future of payments.”

AI 76

AI Accounts Reconciliation Cash Management 76

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

Fintech News

DECEMBER 18, 2024

Major custodians and asset managers have entered the digital asset space, many of them leveraging Taurus’ technology, further institutionalising the industry. By embedding Taurus-PROTECT into Temenos Core, the integration automates key processes such as wallet creation, deposits, and transfers.

Reconciliation 113

Reconciliation Cryptocurrency On-Demand Automation 113

FloQast

OCTOBER 21, 2024

With lines upon lines of figures and the potential for human error looming overhead, manual bank reconciliation can quickly become a massive headache. There sure is: Automated bank reconciliation. Automating your reconciliations both limits the possibility of errors and significantly cuts the time and effort needed.

Reconciliation 52

Reconciliation Automation Process Best Practices 52

Fintech Finance

DECEMBER 3, 2024

By leveraging Yuno’s cutting-edge technology and streamlined payment management, Reserva increased its purchase conversion rate by 4 percentage points while enhancing operational efficiency, optimizing fraud prevention, and delivering a smoother customer experience.

Innovation 97

Innovation Fraud Prevention Reconciliation Global Payments 97

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. Previous slide Next slide What are vIBANs?

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech News

APRIL 23, 2025

The move comes as the India-headquartered payments technology firm looks to support growing demand for its infrastructure services from enterprise clients in the region. The company says it currently processes over 200 million transactions daily, with annual transaction volume exceeding US$900 billion.

APACS 68

APACS Reconciliation Fraud Prevention Payments 68

Fintech Finance

NOVEMBER 6, 2024

NatWest has partnered with Capco , the global management and technology consultancy, to ensure a smooth transition for its systems and clients as the financial industry moves to adopt ISO 20022 for payments and reporting.

ISO 20022 98

ISO 20022 ISOs Online and Mobile Banking 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

JANUARY 3, 2025

Visa Commercial Pay will boost cash flow, eliminate outdated manual processes, and provide a comprehensive business spend solution. It simplifies payment management, automates reconciliation, and securely delivers virtual card payment information through an intuitive interface.

Economy 98

Economy Online and Mobile Banking Electronic Banking Reconciliation 98

Nanonets

JUNE 19, 2024

What is the Vendor Reconciliation Process in Accounts Payable Vendor reconciliation is a critical practice in accounts payable to ensure the completeness and accuracy of vendor payments. Accounts payable teams must reconcile payments regularly to avoid double-processing them.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

The Payments Association

MAY 16, 2025

Payment orchestration plays a pivotal role in this environment by simplifying the integration and management of various payment providers, methods, and technologies. Additionally, centralised reporting simplifies financial reconciliation and compliance efforts, enhancing control and accountability for finance and operations teams.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 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

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

Fintech Finance

DECEMBER 11, 2024

Volante Technologies , the global leader in Payments as a Service (PaaS), today announced the release of its fourth annual survey of mid-tier banks. Cloud and PaaS Technology are Driving Transformation Cloud and PaaS solutions enable leading mid-tier banks to modernize, scale operations, streamline compliance, and reduce operating costs.

ISO 20022 52

ISO 20022 ISOs Technology Real Time Payments 52

The Fintech Times

FEBRUARY 27, 2025

Organisations across every fintech subsector are now implementing the technology both in back-office and front-office operations. Meanwhile, automated tax compliance technology ensures that invoices adhere to laws and internal financial policies by automatically checking invoices for accuracy and adherence to regulations.

AI 76

AI FinTech Fraud Detection Automation 76

Fintech Finance

NOVEMBER 19, 2024

Kani Payments , the disruptive global data reconciliation and reporting platform, has been crowned Payments Compliance Technology of the Year at the Payments Awards 2024 for its innovative QMR and GOC reporting solution. It’s an honour to be recognised among such strong industry peers.”

Compliance 98

Compliance Technology Payments Visa 98

Fintech Finance

DECEMBER 5, 2024

Leading payments technology provider Dojo has signed a new partnership with American Express marking the next chapter in their long-standing relationship while making it even easier for small businesses in the UK to accept American Express payments.

Small Business 97

Small Business Agreements Process Reconciliation 97

FloQast

MARCH 11, 2024

NYSE: PHM), one of America’s leading homebuilding companies, recognized the need to modernize financial processes to stay ahead. The Challenge: A Manual and Paper-Intensive Process Before integrating FloQast, PulteGroup grappled with a manual process laden with paperwork. We had a very manual process before,” Woods said. “We

Close Processes 105

Close Processes Process Reconciliation Audit 105

Finovate

APRIL 17, 2025

Currency risk management and alternative banking specialist Argentex announced French fintech Numeral as its strategic payment technology partner. The partnership will help Argentex optimize payment execution and give the firm advanced reconciliation capabilities. This helps maintain strict control and compliance standards.

Risk Management 59

Risk Management Risk Multi-Currency Reconciliation 59

EBizCharge

JULY 10, 2025

Common pain points include limited support for modern payment processing preferences, fragmented checkout or invoice experiences, and manual reconciliation that consumes your team’s time. That’s why understanding both the limitations and potential of NetSuite payment processing is a smart first step.

Reconciliation 52

Reconciliation Payments Real Time Payments ACH 52

Finovate

MARCH 31, 2025

The controls will leverage automation to help reduce manual reconciliation activity and enhance compliance with procurement requirements. “Creating frictionless B2B commerce experiences is critical for driving long-term buyer loyalty for our clients,” TreviPay Chief Product and Technology Officer Dan Zimmerman said.

B2B 59

B2B Reconciliation Online and Mobile Banking Small Business 59

Stax

JULY 7, 2025

Mobile payments will typically involve one of several technologies, including Near Field Communication (NFC), QR codes, or SMS messaging. Mobile payment systems refer to the technologies and infrastructure that enable businesses to accept payments via mobile devices—whether in-store, online, or in-app.

Mobile Payments 88

Mobile Payments Online and Mobile Banking Debit Card Credit Cards 88

Nanonets

APRIL 5, 2023

While traditional automation systems focused on streamlining repetitive tasks, intelligent process automation (IPA) takes it a step further by leveraging the power of artificial intelligence (AI) and machine learning (ML) to automate complex business processes. What is intelligent process automation?

Automation 98

Automation Process AI Fraud Detection 98

Fintech News

JANUARY 22, 2025

Leveraging AI technology, Antom helps businesses ensure transaction security, streamlines foreign exchange risk management, lowers costs, and enhances operational efficiency through real-time payments and blockchain solutions. As the global digital economy grows, Antom and its subsidiary 2C2P, remain at the forefront of payment innovation.

Payment APIs and Integration 117

Payment APIs and Integration eWallet SARS Privacy 117

Fintech Finance

MARCH 18, 2025

According to research undertaken by Sollers Consulting and Ipsos, 63% of UK customers consider a quick claims handling process as one of their top expectations from their insurer. We’re proud to be leading this shift towards smarter, faster, and more secure claims processes.”

Payment Solutions 59

Payment Solutions Product Reconciliation Payments 59