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What is Reconciliation in Payments

Clearly Payments

In payments and finance, one of the most important activities that businesses perform is reconciliation. While it may sound like a complex term, reconciliation is simply the process of making sure that two sets of financial records match. What is Reconciliation? At its core, reconciliation is a comparison process.

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EBizCharge Supports High-Volume Credit Card Processing Services

EBizCharge

As businesses grow and transaction volumes increase, the need for a dependable and scalable payment processing solution becomes critical. This article will explore what high-volume merchants are, the key features and benefits they provide, and how EBizCharge helps high-volume merchants thrive in fast-paced, competitive markets.

Volume 52
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The Guide for an Accurate Bank Reconciliation

The Finance Weekly

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.

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How to Choose a Payment Solution That Scales with You

Stax

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. TL;DR A scalable solution adapts to higher volumes, evolving business models, and new payment methods without breaking down or holding you back.

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How FloQast AI Transaction Matching Simplifies Reconciliation for Modern Accountants

FloQast

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.

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Aviva Partners with AutoRek for its Automated Reconciliation Solution

Finovate

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.

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Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

Transaction volumes are surging, payment methods are diversifying, and businesses are under pressure to adapt. As digital assets continue to gain traction, payment networks must evolve to accommodate rising transaction volumes, evolving regulatory frameworks, and the growing demand for real-time settlement.