Nanonets

MAY 8, 2023

If not, it may be time to rework your current accounting policies to implement audit trails. Despite what many business owners believe, audit trails aren’t reserved only for companies that receive an audit. Audit trails can prevent fraud, aid in disaster recovery, and ensure compliance with regulatory agencies.

Audit 52

Audit Procedures Disaster Recovery Reconciliation 52

Nanonets

MAY 6, 2024

  BlackLine also provides configurable dashboards and reports that offer insights into reconciliation status, performance metrics, and audit trails. Audit Trails and Compliance : BlackLine maintains detailed audit trails of all reconciliation activities, providing a comprehensive audit trail for compliance purposes.

Reconciliation 52

Reconciliation Accounts Audit Automation 52

Global Fintech & Digital Assets

MARCH 5, 2024

Banks are expected to apply the follow guidance in connection with their digital asset custodial services: Governance and risk management : Prior to launching digital asset custodial services, banks are expected to undertake a comprehensive risk assessment and to implement appropriate policies and procedures to mitigate identified risks.

Authorization 59

Authorization Product Due Diligence Procedures 59

Neopay

JUNE 27, 2024

Compliance policies and procedures: Develop comprehensive compliance policies and procedures that address key regulatory requirements, such as anti-money laundering (AML) and Know Your Customer (KYC) obligations (see below). Staff training: Provide regular training to your staff on AML obligations, red flags, and reporting procedures.

Financial Crimes 52

Financial Crimes Money Laundering Compliance Crime 52

Nanonets

JUNE 27, 2023

Regulatory compliance and auditing Compliance with industry regulations and retention policies is critical for businesses. Document digitization enables better control and management of compliance-related documents, ensuring adherence to regulatory requirements and facilitating auditing processes.

Product 52

Product Disaster Recovery Automation Compliance 52

Nanonets

JULY 28, 2023

Document workflow management procedures exist in most companies, but their formality varies. From streamlining processes and improving efficiency to enhancing security, compliance, collaboration, and disaster recovery, document workflow management can revolutionize how your business handles its documents.

Disaster Recovery 52

Disaster Recovery Automation Compliance Procedures 52

Stax

AUGUST 22, 2024

Payfacs need to have regular AML screenings and strictly implement KYC procedures. Additionally, you need to conduct regular compliance training for your staff and internal audits. Maintain a comprehensive disaster recovery program and undertake contingency planning so that you can resume operations quickly.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88