The Fintech Times

DECEMBER 4, 2024

“By automating the validation and verification processes, we eliminate the need for manual intervention, allowing betting operators to focus on innovation and growth. Our enhanced Pix solution helps operators strike the right balance between ensuring compliance and maintaining an optimal user experience.

Regulations

Finextra

JULY 3, 2025

You get built-in automation, reports, and reconciliation tools. Think of it as a prepaid account with a flexible front end. An eWallet is a complete ecosystem, while a digital wallet is a connector. A full-service wallet gives you more ways to grow. Operational efficiency across services The right wallet cuts down on manual work.

eWallet

Clearly Payments

MARCH 14, 2025

3D Secure Authentication : Adds an additional verification step for online transactions, such as a one-time password (OTP) or biometric authentication. Stage 5: Reconciliation and Reporting Merchants and banks reconcile their transactions and generate reports: Settlement Reports : Acquirers and merchants review settled transactions.

Credit Cards

The Payments Association

JUNE 16, 2025

This leads to the necessity for online verifications, and the challenges thereof, which the report summarises well.” As a secondary measure, online reconciliation was used to detect anomalies when users eventually reconnected. Who bears the cost of reconciliation errors or counterfeit detection failures?

Settlement

Fintech Review

MAY 4, 2025

KYC, AML & Identity Verification Platforms Next in the top 100 fintech tools and platforms is compliance. Persona Provides fully customisable identity verification flows with options for ID checks, biometrics, and database lookups. Best for : Businesses expanding globally that require high verification speed.

Payment APIs and Integration

EBizCharge

MARCH 18, 2025

Additionally, Sage 100 integrations provide automated reconciliation, ensuring that transactions are accurately matched to invoices and recorded in accounts receivable (AR) without manual effort. Encryption secures payment data by converting it to unreadable code during transmission, ensuring that data remains protected even if interpreted.

Credit Cards

Stax

JUNE 23, 2025

By integrating your payment portals with banks, you will keep transaction fees lower and ensure money is quickly deposited into accounts after verification. Improved security and compliance ACH APIs often come with built-in tools for bank account verification, access control, and secure API access.

ACH

EBizCharge

NOVEMBER 27, 2024

Features like Address Verification Systems (AVs), Card Verification Value (CVV) checks, and encryption protocols protect sensitive customer data and minimize chargebacks. Internet merchant accounts also simplify reconciliation by providing detailed transaction records, which help manage cash flow more effectively.

Accounts

Evolve Payment

JULY 15, 2025

The risk is heightened with large transactions, where careful verification of each bill may be overlooked. Accounting and Reconciliation: Managing cash requires meticulous record-keeping and reconciliation, which is time-consuming and prone to errors.

Cash Management

Finextra

JULY 24, 2025

You also need strong audit trails, user verification, and data privacy controls. Meeting regulatory standards Every region has its own rules: KYC, AML, PSD2, and more. Your digital payment system must support automated compliance workflows. This builds trust with both customers and regulators. Don’t wait until it’s too late.

Digital Payments

Fintech Finance

JUNE 16, 2025

With WollettePay, each transaction is protected by biometric verification, tokenisation, and advanced encryption, providing merchants and consumers with complete confidence in a seamless, secure experience. “WollettePay is the first solution to bring open banking up to speed with the card networks.

Payment APIs and Integration

My Payment Savvy

JUNE 16, 2025

Your online payment gateway applies encryption, address verification, and fraud screening—all within seconds. Funds are transferred to your merchant account, minus processing fees, typically within 1–3 business days. Throughout this process, multiple security measures protect both parties from fraud.

Payment Gateways

The Fintech Times

APRIL 17, 2025

Volt , the global real-time payments platform, has announced its new strategic open banking partnership with Sumsub , a global full-cycle verification platform. Volt will power Sumsubs Penny Drop Verification flow, which involves an end user being directed to their banking app after scanning their identity document.

FinTech

Finextra

JUNE 16, 2025

With WollettePay, each transaction is protected by biometric verification, tokenisation, and advanced encryption, providing merchants and consumers with complete confidence in a seamless, secure experience.

Payment APIs and Integration

FloQast

MARCH 19, 2025

Improved efficiency : Automation of redundant tasks like data entry, reconciliations, and invoice processing can improve your accounting processes and free up time for accountants to focus on more strategic tasks. Enhanced compliance : AI agents can be directed to scrape regulations to automatically detect changes and adjust accordingly.

AI

The Fintech Times

FEBRUARY 5, 2025

It also enables deposit verification, ensuring player accounts are active and valid for transactions. Advanced treasury management features, such as real-time balance monitoring, automated reconciliation, and secure transaction processing, allow operators to manage their financial operations more efficiently.

Compliance

Finextra

JUNE 9, 2025

This enables more control over data, making it easier to extract value that can be used to enhance areas like fraud prevention and reconciliation that support embedded finance. Successfully monetizing payments data, however, demands the ability to natively process new ISO 20022 format messages.

ISO 20022

Fintech Finance

JULY 7, 2025

Many European jurisdictions still operate under legacy regulatory regimes for property transactions, often requiring physical paperwork, wet signatures, and face-to-face identity verification.

Multi-Currency

Nanonets

MAY 23, 2025

Matching and reconciliation: The AI automatically matches incoming transactions with existing bills, invoices, or receipts in your system, helping prevent duplicates and streamlining the reconciliation process. This often leads to payment delays, duplicate payments, or overpayments when discrepancies go unnoticed.

Automation

Clearly Payments

MAY 22, 2025

AVS (Address Verification System) Verifies the billing address matches the card. CVV (Card Verification Value) The 3-digit number on the back of a card. KYC (Know Your Customer) Verification required to open a merchant account. Reconciliation Matching your deposits to your sales. Verified by Visa).

Online and Mobile Banking

EBizCharge

MARCH 3, 2025

In addition to automation, reporting and reconciliation are important features in Acumatica credit card processing. Reporting and reconciliation in Acumatica Understanding reporting and reconciliation in Acumatica is crucial since it helps businesses maintain financial record accuracy and reliability.

Credit Cards

Finextra

AUGUST 4, 2025

Many teams are still drowning in manual reviews, spreadsheet reconciliation, and swivel-chair workflows between disparate tools. Operational Inefficiencies: Manual Work & Fragmented Systems One of the biggest hidden costs of AML compliance is plain old operational inefficiency. with little integration.

AML

EBizCharge

AUGUST 4, 2025

Validation checkpoints are product data accuracy and completeness, customer data integrity and compliance with privacy, order data consistency and financial reconciliation, and inventory level synchronization and discrepancy resolution.

Payment APIs and Integration

Nanonets

NOVEMBER 10, 2024

Automated line item reconciliation 7. It's designed for large-scale document processing with built-in verification workflows. Built-in verification station 4. Intelligent field detection for invoices and financial documents 3. Built-in validation rules for data accuracy 4. Support for 40+ languages 6. Key features: 1.

Automation

Nanonets

JANUARY 13, 2025

Let’s explore how a mid-sized distributor solved this by scaling their purchase order-sales order verification process before shipping – without adding headcount or disrupting existing workflows. Suddenly, those minor verification issues are bleeding tens of thousands in interest costs annually.

Automation

Nanonets

NOVEMBER 23, 2024

  This integration simplifies reconciliation, reduces manual data entry , and ensures financial records are up-to-date and accurate.  Xero integration: Creates draft transactions in Xero with attached source documents for easy reconciliation. Credit card integration: Syncs corporate card transactions for easy reconciliation.

Multi-Currency

Trade Credit & Liquidity Management

MAY 29, 2025

Key features include: Streamlined Onboarding: Suppliers benefit from a simplified enrollment process, including automatic identification and verification. Seamless Reconciliation: It provides timely and accurate data to close out invoices in suppliers’ ERP systems, reducing manual effort and improving accuracy.

Payment APIs and Integration

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

Nanonets

APRIL 24, 2024

Payment reconciliation is the process of verifying all payment transactions.   As enterprises expand and transaction volumes escalate, the manual execution of payment reconciliation becomes increasingly laborious and susceptible to errors. Herein lies the transformative potential of payment reconciliation software. 

Payment Reconciliation

Nanonets

JUNE 17, 2023

Account reconciliation is a critical process in accounting, which ensures that financial records are accurate and consistent. This article will provide an in-depth understanding of account reconciliation, its benefits, and how businesses can leverage technology to automate the process. What is Account Reconciliation?

Reconciliation

Nanonets

JULY 24, 2023

Finance reconciliation plays a pivotal role in ensuring the reliability and accuracy of a business's financial records.   Financial reconciliation is a recurring process that encompasses various sources of financial information within a business. What is finance reconciliation?

Reconciliation

Nanonets

APRIL 2, 2024

Importance of bank reconciliation in internal control In the world of finance and accounting, accuracy is key. Bank reconciliation is a fundamental process that ensures the alignment of internal records with external bank statements. What Is a Bank Reconciliation? There are various approaches to conducting bank reconciliation.

Reconciliation

Nanonets

FEBRUARY 28, 2024

What is Data Reconciliation? Data reconciliation is an essential process that involves comparing multiple sets of data to identify and rectify discrepancies, ensuring data accuracy and consistency across various business operations. Why is Data Reconciliation important?

Reconciliation

Nanonets

APRIL 3, 2024

Guide to the Vendor Account Reconciliation Process Running a business involves collaboration with various vendors who provide different kinds of products and services. Vendor reconciliation , a crucial part of this process, involves scrutinizing purchase-related documents to ensure accuracy in all vendor transactions.

Reconciliation

Nanonets

FEBRUARY 6, 2024

Intercompany reconciliation is specific to companies with multiple subsidiaries under the same parent group. This article provides the most comprehensive guide to intercompany reconciliation and how automation can help you save time & cost! Reconciliation helps remove duplicate entries and rectify errors.

Reconciliation

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. By periodically performing vendor reconciliation, accounts payable teams ensure that the amounts recorded by both parties match exactly.

Reconciliation

Nanonets

FEBRUARY 21, 2024

Introduction Cash reconciliation remains a critical process in today’s retail environment, despite the shift from traditional cash registers to advanced point-of-sale (POS) systems. What is Cash Reconciliation?

Reconciliation