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. The company is headquartered in Glasgow, Scotland.

Reconciliation 52

Reconciliation Automation Audit Rules 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. The Challenges Financial Complexity: Managing transactions across various platforms can lead to inconsistencies, making reconciliation a complex task.

Reconciliation 105

Reconciliation AI Transactions Accounts 105

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

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 101

Payment Reconciliation Reconciliation Automation Process 101

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

Fintech News

APRIL 7, 2025

The introduction of VND accounts aims to support cross-border transactions involving Vietnam by potentially speeding up settlement, simplifying payment reconciliation, and improving cash flow management for businesses operating internationally.

Cross-Border 114

Cross-Border Accounts Payment Reconciliation Funds Transfer 114

The Payments Association

MARCH 19, 2025

The Problem with manual reconciliation Despite the need for real-time processing, many firms still rely heavily on manual reconciliation methods. In fact, a staggering 90% of firms still use spreadsheets for payment reconciliation. This approach is time-consuming, inefficient, and highly prone to errors.

Cross-Border 88

Cross-Border Reconciliation Compliance Payments 88

The Fintech Times

MARCH 19, 2025

“By simplifying reconciliation, improving security, and tailoring card usage to specific claims, virtual cards deliver significant benefits for both insurers and their customers. It will automate the reconciliation of invoices with claim payouts, and reduce paperwork and delays.

Payment Solutions 104

Payment Solutions Product Process Reconciliation 104

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

Their modules include chargeback management, scheme and custom data reconciliation, scheme fee optimization, and regulatory reporting, all working in tandem to streamline operations for greater efficiency and scalability.

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

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 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 73

APACS Reconciliation Fraud Prevention Payments 73

Stax

MAY 6, 2025

Volume caps, poor integrations, manual reconciliation, and clunky mobile checkout are all signs your current system wont scale with you. Manual reconciliation is eating up finance team time Scaling businesses cant afford to waste time reconciling transactions by hand. Look for red flags that signal limits.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Volume Payments 88

Finextra

JUNE 12, 2025

Founded by former executives from Stripe, Miro and Delivery Hero, Payrails offers a payment operating system purpose-built for enterprises with a modular architecture that includes payment orchestration, payouts, tokenization, unified analytics, automated reconciliation, and recently launched in-person payments.

Privacy 115

Privacy Research API Reconciliation 115

The Payments Association

MAY 20, 2025

AutoRek, the global leader of data management and automated reconciliation, has partnered with AccessPay , a leading provider of global bank integration solutions, for seamless, API-enabled system connectivity. Where firms operate with multiple banks, this process must be repeated before a complete dataset is ready for reconciliation.

Reconciliation 68

Reconciliation Payment APIs and Integration Automation Audit 68

Fintech Finance

NOVEMBER 28, 2024

Its enhanced Direct Debit capabilities give club treasurers and secretaries greater visibility and control over their payments through an easy-to-use online platform, in addition to automatic payment collection and reconciliation.

Reconciliation 98

Reconciliation Payments Continuity FinTech 98

The Payments Association

MAY 16, 2025

Additionally, centralised reporting simplifies financial reconciliation and compliance efforts, enhancing control and accountability for finance and operations teams. Furthermore, automated reconciliation tools eliminate the need for manual tracking, reducing errors and streamlining finance team operations.

Transactions 88

Transactions PCI DSS Payments Multi-Currency 88

Clearly Payments

APRIL 8, 2025

When those systems dont work in harmony, you end up with slow settlement times, reconciliation headaches, and poor customer experiences. 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 News

DECEMBER 18, 2024

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. By embedding Taurus-PROTECT into Temenos Core, the integration automates key processes such as wallet creation, deposits, and transfers.

Reconciliation 112

Reconciliation Cryptocurrency On-Demand Automation 112

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

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

Fintech News

APRIL 21, 2025

Businesses can pay suppliers in their local currencies, helping to lower exchange rate and reconciliation costs, with clear references for each payment. USD payouts are trackable, and a single integration with Thunes’ platform eliminates the need for businesses to build separate correspondent banking networks.

Business Payments 95

Business Payments Cross-Border Payment APIs and Integration Wire Transfer 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. Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Finance

JANUARY 3, 2025

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

Economy 98

Economy Online and Mobile Banking Electronic Banking Reconciliation 98

The Fintech Times

MARCH 26, 2025

Utilising Extend Extends web and mobile app enables businesses to: Pay vendors with unique virtual cards to increase control and security Keep accountability over employee spending Reduce and streamline reimbursements for uncarded workers Manage subscription payments Automate bill-back reconciliation for client expenses Track tail spend Extend CEO, (..)

Agreements 99

Agreements B2B Reconciliation Credit Cards 99

Fintech Finance

DECEMBER 6, 2024

With BlueSnap and Zuora, customers can improve authorization rates , simplify reconciliation, and unify reporting, all within a native Zuora experience.

B2C 98

B2C Payment Gateways Payments Reconciliation 98

FloQast

JANUARY 22, 2025

With standout performances across multiple categories, including Financial Close and Financial Reconciliation, FloQast cements its status as the premier solution for finance teams. The platform is designed to address real pain points that finance professionals face daily, from reconciliation bottlenecks to process transparency.

Accounts 52

Accounts Reconciliation Audit Finance 52

The Fintech Times

MARCH 28, 2025

By automating controls that reduce payment delays, minimising manual reconciliation work and enhancing overall compliance, TreviPay is enabling its business clients to configure and enforce customised B2B purchase policy structures that align with their procurement requirements.

B2B 64

B2B Reconciliation Duplicate Compromise 64

Paystand

MARCH 12, 2025

Multiple payment methods and flexible options AI and blockchain-powered automatic reconciliation Enterprise-grade financial reporting and analytics Digitized processes and smart receivables management Why choose a NetSuite payment solution that leverages blockchain and automation?

Payment Solutions 65

Payment Solutions Reconciliation Blockchain Payments 65

Fintech Finance

NOVEMBER 18, 2024

Nook’s platform simplifies AP workflows for businesses and accountants, offering full invoice lifecycle management from receipt, through approval to payment and reconciliation with accounting software. Founded in 2021, Nook has built one of Europe’s most comprehensive AP products, earning Xero’s Emerging App of the Year award.

Automation 104

Automation Accounts Acquirers Embedded Payments 104

Fintech Finance

OCTOBER 31, 2024

Chargeback Management, Automated Reconciliation and Compliance Reporting: A set of services designed to streamline dispute and chargeback management, simplifying administrative workflows and ensuring regulatory and network compliance, enabling fintechs and their sponsors to operate with greater efficiency, documentation and transparency.

Compliance 95

Compliance Risk Push-to-Card Scams 95

Finovate

APRIL 17, 2025

The partnership will help Argentex optimize payment execution and give the firm advanced reconciliation capabilities. Second, Argentex will leverage advanced reconciliation capabilities to ensure accurate financial record-keeping and operational accuracy of both cross-border payments and associated FX trades.

Risk Management 59

Risk Management Risk Multi-Currency Reconciliation 59

The Fintech Times

NOVEMBER 15, 2024

According to PwC , finance teams spend an average of 30 per cent of their time on manual payment reconciliation, with error rates between 0.8 Ben Cohen , CEO of Blink Payment said: “Outdated payment methods and manual reconciliation of invoices places huge strain on both brands’ cash flow and resource.

Payments 59

Payments Reconciliation Payment Reconciliation Automation 59

Fintech Finance

DECEMBER 5, 2024

Easier accounts receivable tracking: Receive a complete and up to date picture of paid and unpaid invoices for easier reconciliation and bookkeeping. Error reduction: Reduce the risk of errors associated with manual bank transfers, by automating the process.

Small Business 98

Small Business Embedded Payments Reconciliation Real Time Payments 98

Fintech News

MARCH 9, 2025

Creators can also access centralised multi-currency wallets, simplifying the management of funds from multiple platforms, saving on currency conversion fees, and enabling easy financial reconciliation.

Embedded Finance 82

Embedded Finance Economy Multi-Currency Finance 82

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