The Fintech Times

OCTOBER 1, 2024

Cardaq , a card issuing and acquiring specialist serving low and medium-risk businesses, has selected a solution from Kani Payments , the global data reconciliation and reporting platform, to support its regulatory and compliance reporting, as well as other payment functions.

Reconciliation 69

Reconciliation Compliance Automation Regulatory Compliance 69

Finextra

JANUARY 14, 2025

Versana today announced the launch of its leading-edge reconciliation solution, an add-on module to its centralized digital data platform.

Reconciliation 52

Reconciliation 52

The Fintech Times

SEPTEMBER 18, 2024

AutoRek , the Glasgow-based reconciliation and financial data management platform, has partnered with Capgemini , the consulting and digital transformation firm, to ensure it remains ahead of reporting requirements for clients as well as complying with regulatory changes. They are efficiently optimising their working capital with confidence.

Reconciliation 59

Reconciliation Payment Reconciliation Consulting Cash Management 59

Finextra

JUNE 11, 2024

Kani Payments, the disruptive global data reconciliation and reporting platform, has been selected by breakthrough cloud-native issuer processor CLOWD9 as its global partner to power its data reporting and reconciliation capabilities.

Reconciliation 59

Reconciliation Processors Issuers Payments 59

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

Finextra

SEPTEMBER 4, 2024

Moneybox, the award-winning savings and investment platform, has chosen next-generation reconciliation software specialists, Aurum Solutions, to automate its reconciliations.

Reconciliation 52

Reconciliation Automation 52

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 104

ISO 20022 ISOs Reconciliation Message Standards 104

Finextra

OCTOBER 3, 2024

Recognizing this need, Tetra Trust, Canada’s first and only qualified custodian for digital assets, has turned to Ledgible, a leading digital asset tax and accounting platform, to further enhance their digital asset reconciliation processes.

Reconciliation 52

Reconciliation Process Continuity Accounts 52

The Payments Association

FEBRUARY 14, 2024

The payments sector’s success and growth over the past decade can largely be attributed to firms’ ability to meet and exceed customer’s expectations. Unlike established banks, fintechs are largely free from the legacy tech stacks that slow down banks from modernising.

Reconciliation 88

Reconciliation Addressing Service Provider Continuity 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%

B2B 105

B2B Reconciliation Payments Payment Reconciliation 105

Fintech Finance

OCTOBER 15, 2024

These challenges include delays in travel bookings caused by local payment inefficiencies, time-consuming travel expense reporting and reconciliation, plus painful traveler experiences that lead to avoidable admin work. 100% reconciliation.

Reconciliation 96

Reconciliation Payment Reconciliation Global Payments Payment Solutions 96

Fintech Review

JUNE 18, 2024

However, what is often overlooked or regarded with disdain is the amount of compliance and account reconciliations needed in back-office operations. Advanced software and innovative tools make back-office tasks like compliance checks and account reconciliations more efficient and accurate. Avoid costly errors and regularly lapses.

Reconciliation 98

Reconciliation Compliance Regulatory Compliance Best Practices 98

FloQast

FEBRUARY 14, 2024

“No more lengthy email chains or manual reconciliations. ” Moreover, FloQast’s automated reconciliation feature significantly simplified a.k.a ” Moreover, FloQast’s automated reconciliation feature significantly simplified a.k.a Brands’ accounting operations. .”

Compliance 105

Compliance Reconciliation Close Processes Automation 105

FloQast

JULY 9, 2024

We have great visibility into when tasks and reconciliations are occurring, who is doing them, and where the bottlenecks are. The ability for FloQast to systematically ensure that the Excel reconciliations agree to our ERP and remain in balance has been a game changer for reviewers.

Continuity 104

Continuity Reconciliation Accounts Finance 104

Fintech News

APRIL 21, 2024

The mobile virtual card app draws on Mastercard’s decade-long expertise in virtual card solutions that streamline the expense reporting and reconciliation process. The app also offers real-time data capture and transaction matching to assist in financial reconciliation and provide insights into spending patterns.

Visa 94

Visa Reconciliation Contactless Payments Commercial Card 94

Fintech Finance

JUNE 26, 2024

Often, banks’ technical infrastructures struggle to manage these complexities efficiently, leading to inefficient reconciliations, failed investigations, and customer dissatisfaction. We are continuously working with our clients to make sure they meet local standards and regulatory requirements”.

Cross-Border Payments 97

Cross-Border Payments Reconciliation Cross-Border Instant Payments 97

Fintech Finance

FEBRUARY 8, 2024

Purpose-built for the travel industry, ConnexPay’s unified payments solution aligns incoming customer payments with outgoing supplier payments, all in real time, with one contract and one reconciliation.

Reconciliation 105

Reconciliation Payments B2C B2B 105

FloQast

SEPTEMBER 25, 2024

Automated Reconciliations : End-to-end automation for predictable reconciliations (Subledgers, Amortization, Depreciation). AI Transaction Matching : Leverage AI to draft customized rules, automating high-volume account reconciliations (Bank, Credit Cards, Intercompany).

AI 105

AI Accounts Reconciliation Automation 105

FloQast

AUGUST 22, 2024

Centralized Reconciliation: Comprehensive account reconciliation and completeness reporting. Enhanced Accuracy: Improved completeness and audit readiness with detailed reconciliation reports. Account Reconciliation Difficulties: Challenges in managing and verifying numerous balance sheet accounts.

Reconciliation 86

Reconciliation Audit Close Processes Compliance 86

PYMNTS

JANUARY 26, 2021

Doing so, the bank noted, will streamline and enhance a range of payment-related workflows, including sanctions screening, anti-money laundering (AML) checks, reporting and reconciliation. HashCash Brings Blockchain Tech To Unnamed Bank. to bring its blockchain-powered corporate trade financing technology into the entity.

ISO 20022 142

ISO 20022 ISOs Payment APIs and Integration Message Standards 142

The Payments Association

JUNE 25, 2024

The drive for ISO 20022 and the instant everything push is putting more and more pressure on legacy core and ancillary systems such as fraud, reconciliation & investigations by not only introducing larger, richer data sets (that will bring key customer insights for hyper-personalisation more on this another time) but increasing volume which in (..)

ISO 20022 88

ISO 20022 ISOs Reconciliation Volume 88

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. This will include evaluating record-keeping systems, reconciliation processes, and fund segregation practices.

Compliance 88

Compliance Audit Legal Reconciliation 88

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 90

Accounts Embedded Payments Reconciliation ACH 90

PYMNTS

OCTOBER 5, 2020

Comdata, she said, has mimicked the flow from claims to invoice to payment to reconciliation. “The shift I have seen there,” she told PYMNTS of healthcare firms, “that was most effective is providers [the vendors] had their way of going through the process either from an [accounts payable] or [accounts receivable] perspective.”.

Process 130

Process Business Payments B2B Cross-Border 130

TechCrunch Fintech

FEBRUARY 27, 2024

For obvious reasons, financial teams can spend a great deal of time on corporate treasury management, accounting and bank reconciliation, so anything that speeds up that process usually garners a lot of interest.

Treasury Management 84

Treasury Management Accounts Treasury Reconciliation 84

Payments Next

SEPTEMBER 25, 2023

By Doug Hathaway, VP of Engineering, Versapay Over three-quarters – 77% – of CFOs reported being behind on invoice-to-cash reconciliation, according to The post AI and AR – Top trends now or coming soon first appeared on Payments NEXT.

AI 88

AI Reconciliation Posting Payments 88

Fintech Finance

OCTOBER 22, 2024

The new virtual account, exclusively held by HSBC, provides each business with a dedicated account number, which enables the domestic bank to identify the corresponding merchant for each payment and carry out reconciliation seamlessly, so the merchant can receive their funds much more quickly.

Cross-Border 98

Cross-Border Accounts Cross-Border Payments Reconciliation 98

FloQast

AUGUST 14, 2024

Automated Tasks: Streamlined reconciliations and sign-offs for over 6,000 tasks monthly. Cumbersome Process: A lengthy 12-day reconciliation process for numerous accounts. Automated Reconciliations: Increased efficiency and accuracy in financial processes. Enterprise Pricing: High value and ROI through tailored solutions.

Reconciliation 80

Reconciliation Close Processes Compliance Audit 80

Fintech Finance

SEPTEMBER 12, 2024

This integration will offer Ebury account holders immediate access, in a compliant manner, to the vast network of accounting, Enterprise Resource Planning (ERP), and Treasury Management platforms using Salt Edge services for automated reconciliation.

Payment APIs and Integration 96

Payment APIs and Integration Reconciliation API Cross-Border 96

Fintech News

JANUARY 30, 2024

The integration focuses on simplifying accounting workflows, enhancing back-office reconciliation, and improving the efficiency of finance departments in sectors like manufacturing, distribution, wholesale, and construction. into their existing Dynamics 365 Business Central module.

Reconciliation 89

Reconciliation Near Real-Time Payments Real Time Payments 89

The Fintech Times

MAY 8, 2024

SmartStream , the financial transaction lifecycle management (TLM) solution provider, has implemented its TLM reconciliations premium digital payments control solution at AYA Bank , a Myanmar-based banking institution. “In doing so, we not only achieved the expected results but also cultivated a strong, trust-based partnership.

Volume 72

Volume Transactions Reconciliation APACS 72

Fintech Finance

NOVEMBER 7, 2024

This integration addresses a pressing need for easy end-to-end reconciliation and simplifying the payment transaction process for all parties involved. This solution offers automotive retailers multiple payment integration points, including e-commerce, mobile applications, DMS, and payment links, ensuring streamlined reconciliation.

Payment Gateways 85

Payment Gateways Digital Payments Gateways Online and Mobile Banking 85

PYMNTS

NOVEMBER 12, 2020

Revenue Cloud will also work to improve revenue efficiency via automation, including relieving the burden of teams working with manual processes for approvals, data reconciliation and order transcriptions between numerous systems.

B2B 126

B2B B2C Reconciliation Automation 126

Fintech Finance

DECEMBER 5, 2024

The strategic agreement will help Dojo’s small business customers accept American Express payments seamlessly with one unified contract, which offers a smoother experience featuring a consolidated statement for transaction reconciliation, a unified settlement process, a streamlined onboarding journey, and a single point of contact for servicing.

Small Business 96

Small Business Agreements Process Reconciliation 96

FloQast

APRIL 4, 2024

We have great visibility into when tasks and reconciliations are occurring, who is doing them, and where the bottlenecks are. The ability for FloQast to systematically ensure that the Excel reconciliations agree to our ERP and remain in balance has been a game changer for reviewers.

Reconciliation 80

Reconciliation Accounts Finance Small Business 80

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.

Compliance 98

Compliance Technology Payments Visa 98

The Payments Association

JANUARY 22, 2025

What to expect: Kieran Millar, principal product manager at AutoRek, will discuss safeguarding reconciliation concepts, record-keeping practices, governance, and reporting requirements. Join us at our upcoming webinar, where well unpack these key themes and share insights on the future of the payments industry.

Assessments 88

Assessments Reconciliation Audit Rules 88