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

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

The Payments Association

MARCH 19, 2025

The payments landscape is evolving with digital assets, real-time transactions, and new regulationsbusinesses must adapt to stay efficient and compliant. Transaction volumes are surging, payment methods are diversifying, and businesses are under pressure to adapt. Transactions are now settled in minutes instead of days.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

EBizCharge

FEBRUARY 26, 2025

With an ever-growing reliance on online transactions, understanding the nuances of payment systems is essential. NetSuite offers a comprehensive suite of financial services designed to streamline payment processes. Consider the gateways payment processing capabilities. Transaction fees are another factor to consider.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 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

Stax

MAY 6, 2025

From handling higher transaction volumes to enabling new revenue models, the right system should grow with you and streamline both your operations and your customers checkout experience. From handling spikes in transactions to supporting subscriptions, omnichannel sales, and new markets, your payment processor should make expansion easier.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Volume Payments 88

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

MAY 22, 2025

Billing and invoicing, while often used interchangeably, serve unique roles in financial transactions. Thankfully, this article will guide you through best practices for streamlining invoicing and billing processes to transform financial management and operations. What is billing? What is invoicing?

Process 52

Process Best Practices Reconciliation Automation 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

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

Clearly Payments

MARCH 14, 2025

A credit card transaction is a process involving multiple entities, complex technology, and rigorous security protocols. This article covers the anatomy of a credit card transaction and provides insight into the technological infrastructure that supports modern commerce. Credit Card Use Overview in USA and Canada In the U.S.,

Credit Cards 52

Credit Cards Transactions PCI DSS Online and Mobile Banking 52

Fintech Finance

DECEMBER 3, 2024

Pix, Brazil’s instant payment system developed and managed by the Central Bank, has changed how transactions are made in the country. 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.

Regulations 98

Regulations Account Validation Compliance Automation 98

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

FloQast

MARCH 27, 2024

This is, of course, precisely why reconciliations are so core to the accounting function. A few weeks ago, we looked at the specific challenges surrounding the reconciliation process. Reconciliations Then vs. Now If you haven’t had a chance to take a look at last week’s post, I’ll do you a solid. Let’s take a look.

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

EBizCharge

MARCH 3, 2025

With increasing reliance on online transactions, understanding how to streamline payment solutions has never been more essential. 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.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Fintech Finance

APRIL 17, 2025

Leveraging BPCs next-generation SmartVista platform in the cloud, Klap has completed a comprehensive modernisation of its processing infrastructure. Now operating fully under a SaaS model, Klap can process and manage large transaction volumes with total operational flexibility and security.

Acquirers 52

Acquirers Visa Transactions Payment APIs and Integration 52

Stax

MAY 13, 2025

In this blog, we’ll explore how to approach credit card processing like an opportunity instead of just another expense. Fast deposits, flexible checkout options, and transaction insights can improve cash flow, raise conversions, and inform smarter decisions. Talk to sales What Are Credit Card Merchant Services?

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Process 88

Fintech Finance

OCTOBER 31, 2024

We’re responding by meeting clients where they are by being equally committed to the back office as we are to global transaction processing,” said Jim McCarthy, CEO of Thredd. Scam Transaction Monitoring: Safeguards customers and programmes from the growing threat of Authorised Push Payment (APP) fraud.

Compliance 95

Compliance Risk Push-to-Card Scams 95

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 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

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

MARCH 25, 2025

SAP Fioneer’s VAM solution has already empowered banks to modernize and centralize their payment infrastructures, offering unparalleled visibility and control over transactions.

AI 76

AI Accounts Reconciliation Cash Management 76

Fintech News

APRIL 21, 2025

Global payments company Thunes has introduced ‘Thunes Business Payments’ , a new service aimed at helping enterprises, merchants, banks, and mobile wallet providers streamline international business transactions. The launch is targeted at members of Thunes’ Direct Global Network.

Business Payments 91

Business Payments Cross-Border Payment APIs and Integration Wire Transfer 91

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 69

APACS Reconciliation Fraud Prevention Payments 69

Fintech News

JANUARY 22, 2025

Failure to accommodate these preferences often leads to abandoned transactions and lost revenue. It enables merchants to seamlessly integrate a wide variety of payment methods and supports transactions in over 100 currencies. Antom EasySafePay is a one-click checkout solution with 100% fault protection.

Payment APIs and Integration 117

Payment APIs and Integration eWallet SARS Privacy 117

Fintech Finance

JANUARY 3, 2025

.” With this launch, Doha Bank is well-positioned to meet the growing demand from large corporations, align with the government’s objective to digitise all cash-related transactions, and strengthen relationships with their corporate and business clients.

Economy 98

Economy Online and Mobile Banking Electronic Banking Reconciliation 98

Fintech Finance

FEBRUARY 5, 2025

Pix, Brazils instant payment system managed by the Central Bank, has transformed digital transactions, with over 170 million users and 90% of Brazils adult population relying on the system. It also enables centavo deposit verification, ensuring player accounts are active and valid for transactions.

Regulations 72

Regulations Central Bank Account Validation Fraud Prevention 72

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

Clearly Payments

MAY 13, 2025

In 2024, the platform processed over 1.4 billion transactions, up from 1.2 million transactions in 2024. Interac e-Transfer for Business (Automated): This version is more powerful and includes features such as real-time settlement, automated deposit, higher transaction limits, and business name visibility.

Credit Cards 94

Credit Cards Online and Mobile Banking Settlement Processors 94

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

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

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 On-Demand SWIFT Finance 98

Fintech Finance

DECEMBER 3, 2024

This was a transformative shift for Reserva, whose tech and finance teams had previously been burdened by the lengthy and complex process of manually onboarding payment providers and managing reconciliations. Another key benefit for Reserva was Yuno’s ability to centralize all payment operations into a single platform.

Innovation 97

Innovation Fraud Prevention Reconciliation Global Payments 97

Fintech Finance

APRIL 7, 2025

MyGuava Business helps small and medium-sized businesses in the UK to manage the challenge of payment processing fees, which have long been an unavoidable cost of operation. Lowering Costs, Elevating Business Traditional payment providers have maintained high transaction fees for years, offering limited alternatives to smaller businesses.

Payments 59

Payments Debit Card Reconciliation Transactions 59

The Payments Association

JUNE 3, 2025

This foundational technology is reshaping how identity, consent, and value are managed in the digital economy, from safeguarding transactions to enabling new economic models. Many merchants also benefit from lower interchange and network fees for tokenised transactions, making it a cost-effective solution as well as a secure one.

Security 88

Security Payment APIs and Integration Payment Security Credential 88

Fintech Finance

SEPTEMBER 17, 2024

Kani Payments , the disruptive global data reconciliation and reporting pioneer, today announces it is ready to support the ISO 20022 global messaging standard ahead of the November 2025 implementation date. The move comes as part of its offering to simplify reconciliation and enhance data standardisation for its global payments client base.

ISO 20022 105

ISO 20022 ISOs Reconciliation Message Standards 105

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