Nanonets

MAY 21, 2024

Seven Best Practices for Effective Account Reconciliations From Mesopotamia's rudimentary ledgers tracking livestock and crops to the second-century BCE Indian treatise " Arthashastra ", accounting has been a cornerstone of economic management in any civilized society.

Best Practices 52

Best Practices Reconciliation Accounts Payment APIs and Integration 52

VISTA InfoSec

JUNE 26, 2024

This article highlights the need for robust cybersecurity strategies and how these can determine investment decisions. This preparedness includes implementing advanced security technologies, conducting regular security audits, and training employees on cybersecurity best practices.

Cybersecurity 256

Cybersecurity Due Diligence Security Risk Management 256

Nanonets

APRIL 19, 2024

Petty Cash Reconciliation: What is It, Best Practices, and Automation Petty cash, also referred to as a small cash fund, is a fixed amount of money reserved for minor expenses in a business. It serves as a control mechanism to maintain accurate financial records and prevent misuse or misappropriation of funds. 

Best Practices 52

Best Practices Reconciliation Automation Procedures 52

Paystand

MARCH 21, 2024

Focusing on best practices for ensuring financial data accuracy becomes vital. This article explores how businesses can implement best practices for financial data accuracy, laying the foundation for success. This can lead to misguided decisions, financial losses, and reputational damage.

Best Practices 40

Best Practices Mitigation Risk Finance 40

EBizCharge

AUGUST 13, 2024

This article will outline the different methods of revenue recognition and best practices for ensuring compliance and accuracy. The post What Is Revenue Recognition: Methods and Best Practices appeared first on EBizCharge. What is revenue recognition?

Best Practices 52

Best Practices Automation Transactions Process 52

VISTA InfoSec

OCTOBER 21, 2024

They are appointed based on article 37 of GDPR, and help organizations stay compliant with data protection laws by overseeing data security policies, monitoring internal compliance, and providing expert advice for staffs managing the potential data privacy risks.

CCPA 178

CCPA Privacy Assessments Laws 178

VISTA InfoSec

AUGUST 22, 2023

This article delves into the intersection of GDPR and biometric data, with a focus on privacy concerns and regulatory compliance requirements. Nevertheless, specific exceptions detailed in Article 9 (2) provide flexibility to this prohibition. The AEPD reduced the initial fine of €3,150,000 due to voluntary payment.

Privacy 130

Privacy Compliance Legal Best Practices 130

The Finance Weekly

JULY 19, 2023

In this article, we delve into the 8 best practices that will empower you to optimize your cash flow processes, enhance forecasting accuracy, and make informed decisions to steer your organization towards lasting prosperity. What are some of the best ways to manage cash flow for business?

Best Practices 52

Best Practices Adjustments Automation Process 52

VISTA InfoSec

FEBRUARY 28, 2024

In our ongoing series of articles on the Payment Card Industry Data Security Standard (PCI DSS), we’ve been examining each requirement in detail. It must include both numbers and letters. (This requirement is a best practice until 31 March 2025.) Look at your system settings to make sure these password rules are enforced.

PCI DSS 130

PCI DSS Best Practices Authentication Rules 130

VISTA InfoSec

FEBRUARY 13, 2024

This proactive stance enhances Singapore’s resilience against cyber threats and also serves as a model for global best practices in cybersecurity. The aim of this article is to lay out key cybersecurity tips that are instrumental in safeguarding both the public and private sectors in Singapore from digital threats.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

Clearly Payments

OCTOBER 30, 2024

In this article, we’ll cover what Canadian merchants need to know as they scale their businesses internationally to USA and beyond, with a focus on key considerations, challenges, and best practices to optimize payment processing and boost customer satisfaction worldwide.

International Payments 83

International Payments Process Multi-Currency Cross-Border 83

The Payments Association

DECEMBER 16, 2024

This article explores FX risks in international payments and outlines strategies to minimise them, ensuring efficient and cost-effective operations. Best Practices for Managing FX Risks Diversification Strategies Diversifying your currency portfolio is an effective risk mitigation approach. process inefficiencies).

International Payments 88

International Payments Risk Payments Strategy Multi-Currency 88

Stax

APRIL 2, 2024

As more businesses opt for a surcharge program to manage their ballooning costs, it’s important to be aware of best practices around notifying your customers about this additional fee to not only follow all legal requirements, but also provide a seamless customer experience. Learn More What is Credit Card Surcharging?

Credit Cards 88

Credit Cards Best Practices Legal Compliance 88

Clearly Payments

NOVEMBER 18, 2024

This article outlines how to structure your chargeback management team, define roles, implement processes, select the right software, and adhere to best practices. Best Practices for Chargeback Management Implementing industry best practices helps ensure a well-rounded and effective chargeback management strategy.

PCI DSS 59

PCI DSS Address Verification System (AVS) Disputes Card Network Rules 59

Stax

NOVEMBER 21, 2024

In this article, you will discover all you should know about credit card payment processing for small businesses. We have also put together a list of the top three best credit card processing platforms for small businesses. We will expand on each of those factors later in the article.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

PayJunction

JULY 18, 2024

Like many other healthcare sectors, veterinary practices recognize the benefits of modernizing their payment processing systems. This article delves into the importance of digital invoicing solutions for veterinarians, exploring their benefits, key features, and best practices for implementation.

Best Practices 40

Best Practices Process Payments 40

FICO

MAY 24, 2021

Responsible AI has been one of my big topics for a few years now, the subject of many articles, blogs and talks I’ve given to audiences around the world. So how are companies faring in adopting Responsible AI, making sure they are using artificial intelligence ethically, transparently, securely and in their customers’ best interests?

AI 98

AI Regulatory Compliance Governance Government 98

Fi911

MAY 22, 2024

In this article, we will delve into the topic of credit card payment reversals. That said, there are some best practices that merchants can deploy to prevent many payment reversals. When merchants accept credit card or debit card payments, the hope is that the funds from that sale will remain in their account as revenue.

Payer 89

Payer Address Verification System (AVS) Disputes Payee 89

PYMNTS

JUNE 6, 2016

. “We’re effectively taking 20–30 years of industry best practices for a manufacturing company,” Humphlett said of the firm’s latest rollout of its manufacturing-focused Implementation Accelerator. West, vice president and director of governance studies at the Brookings Institution, in an article last week.

Best Practices 40

Best Practices Database On-Demand Process 40

Stax

AUGUST 22, 2024

In this article, we’ll discuss what SaaS companies looking to become payment facilitators need to know about risk management strategies. It can also help to teach them about best practices they can follow to prevent fraudulent transactions. Follow these best practices for monitoring risks and dealing with them appropriately.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fi911

JANUARY 31, 2024

So, before diving headfirst into implementation, institutions must consider these data security best practices: Implement multi-factor authentication (MFA) to add complexity to scammers’ attempts to gain unauthorized access to accounts.

AI 95

AI MFA Regulatory Compliance Best Practices 95

FICO

JUNE 28, 2021

Investigating a bit further, I also found this excellent article in The New York Times Magazine , a profile of members in the criminal rings and illicit call centers that perpetrate the Double Zero con and related scams. This article (a podcast is also available), “Who’s Making All Those Scam Calls?” Eavesdropping on Criminals.

Scams 52

Scams Wire Wires Best Practices 52

Fintech News

DECEMBER 10, 2023

Maximising FIs’ payments transformation Bottomline For banks and other financial institutions to ensure they’re strategic priorities are aligned with the best practices within their space as they pursue their digitalisation goals, Bottomline has released The Future of Competitive Advantage in Banking & Payments study.

FinTech 118

FinTech Cross-Border Deepfake Cross-Border Payments 118

Stax

JUNE 4, 2024

Dive into our comprehensive guide to learn how to choose the best payment processing platform tailored to your business needs, and discover best practices for a smooth migration to your new provider. It can be an overwhelming process, especially with so many options in the market.

Process 88

Process PCI DSS Payment APIs and Integration Payments 88

Fi911

MAY 7, 2024

Best practices for merchants include addressing concerns from processors or acquiring banks promptly, strengthening their data security measures, devising strategies for chargeback prevention, and managing chargeback risk effectively. How Do Merchants Avoid Being Added to the Terminated Merchant File?

PCI DSS 92

PCI DSS Processors Compromise Identity Theft 92

EBizCharge

AUGUST 5, 2024

This article will explain what billbacks are, how they work, and best practices for managing them. These challenges make staying informed on best practices for managing billbacks imperative. What is a billback?

Best Practices 52

Best Practices Disputes Adjustments Processors 52

Nanonets

JUNE 5, 2023

In this article, we'll demystify the process of procurement automation and discuss the many challenges (and benefits), emerging trends, and best practices associated with it. If so, you'll need to know all about procurement automation—a powerful tool that can help you manage the purchasing process efficiently.

Automation 98

Automation Best Practices Process AI 98

Nanonets

SEPTEMBER 25, 2024

In this article, we’ll explore applications of AI and automation for bank statement processing. We'll also guide you through setting up an efficient bank statement processing system and share best practices to transform this data flood into a strategic asset. 💡 Best practices:  1.

AI 52

AI Process Best Practices Reconciliation 52

FICO

JUNE 21, 2021

In the absence of full-fledged AI regulation, advocacy groups play a powerful role, finding a never-ending stream of bias at which to target their efforts; a quick search on “AI advocacy groups” turned up nearly 60,000 news articles. Is it ever OK to not to be responsible in the development of AI? If so, when?

Audit 116

Audit AI Governance Government 116

Stax

DECEMBER 4, 2023

In this article, we’ll discuss everything you need to know about ensuring AML compliance as a payment facilitator (or PayFac). But training can’t be a one-off practice. Best Practices for Maintaining an AML Compliance Program As mentioned earlier, a lot of action goes on behind the scenes to ensure the effectiveness of an AML program.

Money Laundering 88

Money Laundering Compliance AML Due Diligence 88

EBizCharge

MAY 23, 2024

This article will examine the differences between accounts payable vs. expenses, exploring their unique roles in financial statements and uncovering best practices for managing them efficiently. Nevertheless, specific best practices pertain to each. Nevertheless, specific best practices pertain to each.

Accounts 52

Accounts Best Practices Legal Assessments 52

FloQast

OCTOBER 27, 2023

Best Practices for Successful Compliance Management To implement an effective compliance management system, focus on best practices. Here are some compliance management best practices worth considering. With this speed of transactions, compliance officers will need to review and analyze issues much faster.

Compliance 52

Compliance Best Practices Mitigation Procedures 52

Stax

DECEMBER 20, 2023

In this article, we will break down credit card interchange fees so you will know exactly how much you’re spending when running your business. Memorizing all of the nuances is impossible, but understanding the interchange rate range most common for your business is a good best practice.

Credit Cards 167

Credit Cards Debit Card Processors Non-Bank 167

EBizCharge

JUNE 27, 2024

This article will explore the intricacies of DSO, its importance, calculation methods, industry standards, contributing factors, and effective management techniques. Now that you know how to calculate days sales outstanding and valuable tools to use, you can familiarize yourself with some best practices. What is DSO?

Best Practices 52

Best Practices Adjustments Assessments Automation 52

The Finance Weekly

DECEMBER 12, 2023

In this article, we'll check out some of the best AI finance news sites to stay informed. Top 5 Best AI Finance News Sites AI Finance Today ,, AI Finance Today is the go-to place for news about how AI is changing the ,, CFO's responsibilities and functions. The website is a hub for information on AI in finance.

AI 52

AI Finance Fraud Detection Cybersecurity 52

Fi911

JULY 8, 2024

Merchants must combine technology, vigilance, and best practices as part of a broad, multilayered strategy. How to Detect & Prevent eCommerce Fraud Detecting and preventing eCommerce fraud requires a multi-faceted approach.

Account Takeovers 94

Account Takeovers Fraud Detection Phishing Fraud Prevention 94

FICO

JUNE 15, 2021

Although the laws requiring reporting of financial abuse vary from state to state, the CFPB issued a report in 2016 identifying best practices to assist banks and credit unions with their efforts to prevent abuse. In 2011, the Consumer Financial Protection Bureau (CFPB) created an Office of Financial Protection for Older Americans.

Scams 98

Scams Elder Abuse Consumer Financial Protection Bureau (CFPB) CFPB 98