Nanonets

AUGUST 1, 2023

In the rapidly evolving world of auditing, innovative technologies have revolutionized traditional practices. Auditors are now increasingly embracing the agile auditing approach previously used in software development. This strategic allocation of resources optimizes auditing efforts, leading to more focused and effective audits.

Audit 52

Audit Risk Assessment AI Assessments 52

Fintech Review

APRIL 3, 2025

BRLA is a leader in payments in the region and the only issuer of an independently audited BRL stablecoin. Together, were providing a best-in-class product designed for scale, compliance, and trusted by enterprises handling significant transaction volumes. To learn more about Borderless.xyz, users can visit [link].

Stablecoins 52

Stablecoins Audit Issuers Payments 52

Stax

NOVEMBER 21, 2024

Providers using this model don’t typically charge monthly fees and even offer free equipment, which makes it ideal for very small businesses with low transaction volumes (less than $5000), and ticket prices. This means you pay the applicable rate for the tier your volume of transactions falls under for a particular month.

Credit Cards 88

Credit Cards Small Business Process Credit Card Payment Processing 88

FloQast

NOVEMBER 28, 2023

Recently, FloQast published an e-book on how technology can improve audit efficiency based on Ashley’s first-hand experience. Most audit firms are now working with various analytical or data evaluation tools. I also recommend starting a new audit folder as soon as you wrap up the prior year’s audit.

Audit 59

Audit Process Technology Reconciliation 59

VISTA InfoSec

NOVEMBER 12, 2024

SaaS businesses often handle significant volumes of sensitive cardholder data due to the nature of their services. Choosing the Right PCI DSS Level for Your SaaS Business PCI DSS classifies organizations into four levels based on transaction volume. Why PCI DSS compliance is critical for SaaS companies? check out this video.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

VISTA InfoSec

NOVEMBER 12, 2024

SaaS businesses often handle significant volumes of sensitive cardholder data due to the nature of their services. Choosing the Right PCI DSS Level for Your SaaS Business PCI DSS classifies organizations into four levels based on transaction volume. Why PCI DSS compliance is critical for SaaS companies? check out this video.

PCI DSS 130

PCI DSS Compliance Encryption Audit 130

Nanonets

APRIL 24, 2024

Audit Bank Reconciliation Guide  Both internal and external accounting audits are essential parts of financial management as well as organizational risk management. A bank reconciliation audit is one such process that helps in identifying financial gaps or discrepancies. Looking out for a Reconciliation Software?

Reconciliation 52

Reconciliation Audit Procedures Correspondent 52

Neopay

JANUARY 22, 2025

Regular audits: Conducting comprehensive compliance audits to identify vulnerabilities and strengthen internal controls. Our tailored solutions provide expert guidance on compliance frameworks, audits, and training programs to ensure businesses are equipped to tackle emerging fraud threats.

AI 59

AI Deepfake Phishing Audit 59

Stax

APRIL 3, 2025

Evaluate your business size, transaction volume, industry considerations, total cost, and customer experience. This model might become expensive in the long run, especially with high transaction volumes. Do you experience seasonal spikes or fluctuations in sales volume? Start by evaluating your businesss needs.

Payment Solutions 88

Payment Solutions Payment APIs and Integration Payment Gateways Gateways 88

FloQast

MARCH 27, 2024

For a profession that digests a volume of data that many others might not think possible, the onus on accountants to ensure accuracy consistently can seem daunting. Additionally, with Audit Reports, managers can track changes to processes, noting who made a change and the timing, ensuring strategy remains aligned with execution.

Reconciliation 105

Reconciliation Audit Accounts Best Practices 105

Nanonets

AUGUST 1, 2023

The era of automation has brought about a revolution in various industries, and the audit sector is no exception. The integration of Artificial Intelligence (AI), cloud-based data storage solutions, and data analytics tools is set to transform the audit industry, reshaping the way accountants and auditors carry out their tasks.

Audit 40

Audit Automation Risk Assessment Assessments 40

Fintech News

FEBRUARY 10, 2025

Commonwealth Bank of Australia (CBA) is making significant strides in leveraging artificial intelligence to reshape the financial services landscape, already using AI to handle up to 15,000 payment disputes daily, a volume too high for its call centres.

AI 73

AI FinTech Fraud Detection Fraud Prevention 73

EBizCharge

MARCH 11, 2025

Factors like transaction volume, payment speed, and the type of ACH transfer can also influence the overall cost. Some Acumatica payment gateways charge separate monthly fees for their services, which vary based on transaction volume, security features, and additional tools. Dont be afraid to ask for a better deal.

Processing Costs 52

Processing Costs Process Credit Cards Payment Gateways 52

Stax

MARCH 18, 2025

Also, they may not be the best for high-volume businesses. The ideal pricing structure for your business depends on various factors, such as your business model, your customers preferred payment methods, and monthly/annual transaction volumes. If your business receives high transaction volumes, you can negotiate lower fees.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

Fintech Finance

JUNE 18, 2024

Loop , the modern audit & payment platform for the next-gen supply chain, today announced its collaboration with J.P. Morgan Payments turbocharged our freight audit and pay. It processes nearly $10 trillion in payments daily, operating in over 160 countries and over 120 currencies, and is #1 in USD payments volume.

Audit 98

Audit Payments Treasury AI 98

Nanonets

AUGUST 1, 2023

Over the years, the auditing landscape has undergone remarkable transformations, and among the most significant advancements has been the advent of audit automation software solutions. Computer-Assisted Audit Tools and Techniques (CAATTs) have been available to auditors since the early 1990s. The situation has changed now.

Audit 40

Audit Automation Risk Assessment Payment APIs and Integration 40

FloQast

MARCH 19, 2025

Audit and Fraud Detection AI agents can run night and day, performing continuous monitoring tasks to identify: Risks of fraud Historical data trends Comparative analysis Anomalies in the data If any anomalies are present or the analysis finds a discrepancy, an internal team notification can be sent for further analysis. tax professionals.

AI 52

AI Accounts Fraud Detection Audit 52

PYMNTS

AUGUST 7, 2020

The platform’s transaction volume increased to a record $1.34 The 2019 audit found that the personal data held by the nation’s primary digital payments system, which is operated by the RuPay card network, was vulnerable. In response, NPCI said it routinely conducts audits and fixes any vulnerabilities.

Digital Payments 106

Digital Payments Central Bank Online and Mobile Banking Disputes 106

PYMNTS

MAY 1, 2020

Mnuchin: All PPP Loan Recipients Will Face Audits. Treasury Secretary Steven Mnuchin said per reports that firms that borrow money via the Paycheck Protection Program (PPP) can expect to be audited prior to forgiveness of the loans. ” JPMorgan Chase Submits Nearly $18B In PPP Loans.

Audit 57

Audit Posting Cross-Border Shutdown 57

VISTA InfoSec

FEBRUARY 13, 2024

Audits play a complementary role by ensuring that existing security measures align with both internal policies and external regulatory requirements. In jurisdictions where regulatory compliance is stringent, such as in Singapore, audits are an indispensable part of the cybersecurity framework.

Cybersecurity 130

Cybersecurity Audit Best Practices Mitigation 130

FloQast

JANUARY 22, 2025

Martin Dalskov, Director of Finance, Podimo Building on a Legacy of Trust While awards and rankings speak volumes, what truly sets FloQast apart is the trust it has earned from its users. Constant feedback highlights how FloQast delivers exactly what it promises, from driving efficiency to improving audit readiness.

Accounts 52

Accounts Reconciliation Audit Finance 52

Finovate

JANUARY 30, 2025

Aviva will deploy AutoRek’s platform to provide a fully audited, rules-based reconciliation process that reduces the risks associated with manual processing. The implementation of the AutoRek solution will streamline our processes and allow us to confidently address future scalability and volume requirements.”

Reconciliation 52

Reconciliation Automation Audit Rules 52

Nanonets

NOVEMBER 14, 2024

A q uick comparison of ABBYY FlexiCapture alternatives Tool Core Technology Deployment Pricing Best For Key Advantage over FlexiCapture G2 Rating (out of 5) ABBYY FlexiCapture Content IQ, ML Cloud, On-premise Enterprise, custom quote Enterprise, high-volume (Baseline) 4.1 Now, let’s explore each alternative in detail.

Process 52

Process Automation Volume Verification 52

FloQast

NOVEMBER 20, 2024

Addressing Common Challenges with High-Volume Account Reconciliations Accountants frequently encounter the daunting task of managing large volumes of transactions across multiple systems. These challenges are often exacerbated by time-consuming manual matching processes and inconsistencies in data.

Reconciliation 105

Reconciliation AI Transactions Accounts 105

Clearly Payments

JANUARY 21, 2025

Despite the volume and variety, many still rely on outdated systems that pose significant challenges: Inefficiency: Legacy systems often require manual intervention, increasing the time and cost of processing payments. Robust Reporting: Detailed dashboards and customizable reports simplify audit preparation and financial planning.

Government Payments 59

Government Payments Government Governance PCI DSS 59

Fi911

FEBRUARY 26, 2025

The 4 Levels of PCI-DSS Compliance PCI-DSS compliance is segmented into four levels based on the volume of payment card transactions an organization processes annually. Requirements : Annual on-site audit by a Qualified Security Assessor (QSA), quarterly network scans.

PCI DSS 52

PCI DSS Compliance MFA Assessments 52

VISTA InfoSec

APRIL 28, 2024

Compliance with PCI DSS requirements is typically validated through assessments and audits conducted by Payment Card Industry qualified security assessors ( PCI QSAs) or Payment Card Industry self-assessment questionnaires ( PCI SAQs) depending on the merchant level and the volume of card transactions processed.

PCI DSS 130

PCI DSS Compliance Assessments Data Breach 130

PYMNTS

MAY 22, 2020

In the meantime, CO-OP’s Contact Center volumes have been through the roof, and the company has seen massive single-day spikes in transaction volume across the Shared Branch network, he said. We’re not going to do underwriting or audits — we’re just going to give you a loan to help you through this difficult time.’

Credit Union 105

Credit Union Remote Deposit Capture Volume Push-to-Card 105

The Finance Weekly

OCTOBER 1, 2024

Variable expenses often grow with sales volume—the more you sell, the higher these costs. If you want to cut down these costs, start by getting a grip on your customer volume trends and tweaking your work schedules. Lower your bills by: Identify inefficiencies by having an energy audit.

On-Demand 130

On-Demand Credit Cards Volume Cost Structure 130

PYMNTS

AUGUST 7, 2020

And, payments made through PayCargo will now be able to be viewed on the AWB Changes feature in Unisys Diagnostics, the company’s solution for auditing and payment tracking. Van der Walt told PYMNTS recently that the coronavirus pandemic had driven payment volumes down and held back trade credit as companies try to save money.

Security 102

Security B2B Payer Payments 102

The Payments Association

FEBRUARY 10, 2025

Partnering with regional providers, leveraging AI for fraud detection, and conducting regular audits will ensure compliance, transparency, and operational excellence. Risk ratingsbased on transaction volumes, geographic locations, and industry typeshould be regularly updated to reflect changes in customer activity.

IBAN 88

IBAN AML Master Account Due Diligence 88

Nanonets

NOVEMBER 18, 2024

Costs that scale poorly for large volumes 3. 8 Tungsten Capture High-volume document scanning 4.3/5 On the other hand, the research also revealed that the platform falls short when it comes to: ➡️ 1. Accuracy when processing handwritten text 2. Complex document layouts and non-standard formatting 4. per 1,000 pages) 43.4

Volume 52

Volume Automation AI Process 52

Fintech News

SEPTEMBER 9, 2024

. “Jumio’s eKYC solutions are designed to help organisations comply with the ever-changing regulatory landscape for customer identity verification, and have been audited by major global auditing firms and banks, demonstrating our compliance and reliability.”

Deepfake 126

Deepfake PCI DSS Verification Financial Inclusion 126

PYMNTS

DECEMBER 28, 2020

In the construction industry, the ERP is especially valuable considering the complex network of collaborators, and subsequent high volume of data, involved in a single project. According to Satran, there are three main roles the ERP plays for construction firms today.

Payroll 111

Payroll Facilitators Automation Volume 111

PYMNTS

NOVEMBER 4, 2020

I'd be willing to be that any controller or CFO that doesn't have an automated auditing process is worried about it.". The company announced its formal launch last month as a technology provider designed to automate the invoice auditing process to combat fraud and errors for accounts payable personnel. A Straightforward Challenge.

Audit 90

Audit Automation B2B Deepfake 90

Nanonets

DECEMBER 13, 2023

In addition, AI can help insurance firms evaluate risk with high accuracy by analyzing large volumes of data. Audit Trail and Transparency: AI Insurance Claims Processing systems maintain detailed audit trails of all activities within the claims processing workflow. What can be this data? This is just the tip of the iceberg.

AI 102

AI Process Fraud Detection Compliance 102

NFCW

APRIL 4, 2024

. “Tapping with an NFC-enabled smartphone can track the attached product’s entire journey through the supply chain to verify the provenance of individual products and assist security auditing.” Samples are available now and volume production is scheduled to start in August 2024.

CHIPS 90

CHIPS Audit Blockchain Authentication 90