The Fintech Times

OCTOBER 1, 2024

Cardaq , a card issuing and acquiring specialist serving low and medium-risk businesses, has selected a solution from Kani Payments , the global data reconciliation and reporting platform, to support its regulatory and compliance reporting, as well as other payment functions.

Reconciliation 69

Reconciliation Compliance Automation Regulatory Compliance 69

Nanonets

APRIL 12, 2024

Bank Reconciliation Vs. Book Reconciliation In accounting and financial management, we encounter the terms "Book Reconciliation" and " Bank Reconciliation " These terms are often used interchangeably, leading to ambiguity regarding their meanings. What Is Book Reconciliation?

Reconciliation 52

Reconciliation Payroll Automation Checks 52

Fintech Finance

DECEMBER 6, 2024

With BlueSnap and Zuora, customers can improve authorization rates , simplify reconciliation, and unify reporting, all within a native Zuora experience. We look forward to continuing our partnership with BlueSnap as we work together to help our customers unlock their full potential and succeed globally.”

Payment Gateways 98

Payment Gateways B2C Payments Reconciliation 98

Nanonets

JUNE 13, 2024

Best Reconciliation Software Tools Reconciliation software is a tool specifically designed to compare financial data from different sources such as invoices, bank statements, general ledgers, and other financial records. Types of Reconciliations financial teams come across What is account reconciliation software?

Reconciliation 52

Reconciliation Automation Accounts Close Processes 52

The Payments Association

FEBRUARY 10, 2025

Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions. Regulatory expectations for PSPs As regulators continue to refine their expectations for PSPSs, a strong compliance framework is essential to mitigate financial crime risks.

IBAN 88

IBAN AML Master Account Due Diligence 88

Fintech Finance

NOVEMBER 18, 2024

Nook’s platform simplifies AP workflows for businesses and accountants, offering full invoice lifecycle management from receipt, through approval to payment and reconciliation with accounting software. Founded in 2021, Nook has built one of Europe’s most comprehensive AP products, earning Xero’s Emerging App of the Year award.

Automation 104

Automation Accounts Acquirers Embedded Payments 104

Nanonets

MAY 8, 2024

Introduction to Stripe Reconciliation Every digital purchase is a complex interplay of entities—Customers, Merchants, Acquirers, and Issuing Banks—that orchestrate the flow of funds.   What is Stripe Reconciliation?     How are transactions processed through Stripe?  Stripe

Reconciliation 52

Reconciliation Settlement Alternative Payment Methods SWIFT 52

Nanonets

JUNE 18, 2024

Introduction to Account Reconciliation Account reconciliation is the critical process of comparing your general ledger with internal and external sources. Account Reconciliation can be a fairly manual task, especially right before the monthly close. Why is Account Reconciliation so Important?

Reconciliation 52

Reconciliation Accounts Automation Credit Cards 52

FloQast

JANUARY 22, 2025

With standout performances across multiple categories, including Financial Close and Financial Reconciliation, FloQast cements its status as the premier solution for finance teams. Raising the Standards for Financial Software FloQast continues to redefine what excellence looks like in financial software.

Accounts 52

Accounts Reconciliation Audit Finance 52

Nanonets

MAY 6, 2024

Spreadsheets like Excel have long been a staple for account reconciliation , but their limitations are becoming increasingly evident.   Automation tools mitigate the risks associated with manual reconciliation processes by automating repetitive tasks and providing robust error-checking mechanisms.

Reconciliation 52

Reconciliation Accounts Audit Automation 52

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

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

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 52

Reconciliation Process Accounts Duplicate 52

Nanonets

MAY 7, 2024

Expense reconciliation is the process through which businesses track expenditures, identify anomalies, adhere to regulatory requirements, and maintain financial accuracy and integrity. What is Expense Reconciliation? Compliance and Regulation : Expense reconciliation is crucial for compliance with financial regulations and standards.

Reconciliation 52

Reconciliation Best Practices Credit Cards Compliance 52

Nanonets

JUNE 14, 2024

What is Balance Sheet Reconciliation? Balance sheet reconciliation is a critical financial process that aligns the financial statements with external documentation such as bank statements, invoices, and general ledger entries. What is Balance Sheet Reconciliation? What is a Balance Sheet?

Reconciliation 52

Reconciliation Adjustments Automation Accounts 52

Fintech Finance

DECEMBER 3, 2024

This was a transformative shift for Reserva, whose tech and finance teams had previously been burdened by the lengthy and complex process of manually onboarding payment providers and managing reconciliations. We look forward to continuing to support Reserva in their growth and success.”

Innovation 97

Innovation Fraud Prevention Reconciliation Global Payments 97

FloQast

OCTOBER 21, 2024

With lines upon lines of figures and the potential for human error looming overhead, manual bank reconciliation can quickly become a massive headache. There sure is: Automated bank reconciliation. Automating your reconciliations both limits the possibility of errors and significantly cuts the time and effort needed.

Reconciliation 52

Reconciliation Automation Process Best Practices 52

Fintech News

APRIL 6, 2025

The partnership is aimed at supporting banks in managing collateral workflows and navigating increasingly complex regulatory requirements, particularly with the continued growth of over-the-counter derivatives.

Treasury 80

Treasury Reconciliation Audit Automation 80

EBizCharge

JUNE 25, 2024

Invoice reconciliation is vital to any company’s infrastructure since it safeguards cash flow and financial integrity. This article will explore invoice reconciliation to help you better understand how it works, its associated benefits, and strategies for speeding up this process. What is invoice reconciliation?

Reconciliation 52

Reconciliation Automation Correspondent Transactions 52

Nanonets

APRIL 17, 2024

Introduction to Bank Reconciliation Journal Entries Bank reconciliation is an important process in accounting that ensures the accuracy and integrity of a company's financial records. Looking out for a Reconciliation Software?

Reconciliation 52

Reconciliation Adjustments Audit Checks 52

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 52

Reconciliation Process Accounts Duplicate 52

Nanonets

APRIL 23, 2024

A Guide to NetSuite Account Reconciliation Accurate financial records are an important part of any business’ ability to make informed decisions and also adhere to legal regulations. What Is Account Reconciliation? 

Reconciliation 52

Reconciliation Accounts Multi-Currency Audit 52

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 52

Reconciliation Adjustments Automation Regulatory Compliance 52

The Fintech Times

APRIL 23, 2025

Juspay , a payment infrastructure solutions provider for enterprises and banks, is opening a new office in Singapore as it continues its international expansion. Its offering also includes an end-to-end white label new age payment gateway and real-time payments infrastructure for banks.

APACS 49

APACS Reconciliation Payment Gateways Interoperability 49

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 52

Reconciliation Adjustments Automation Transactions 52

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 52

Reconciliation Process Audit Compliance 52

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.   Looking out for a Reconciliation Software? What are the Steps Involved in Petty Cash Reconciliation?

Best Practices 52

Best Practices Reconciliation Automation Procedures 52

Finextra

OCTOBER 3, 2024

As the digital asset landscape continues to expand, the demand for reliable and efficient data solutions has never been more pressing.

Reconciliation 52

Reconciliation Process Continuity Accounts 52

Fintech Finance

FEBRUARY 5, 2025

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.

Regulations 73

Regulations Central Bank Account Validation Fraud Prevention 73

Nanonets

APRIL 1, 2024

Introduction In both personal and business finance, the management of outstanding checks and thorough bank reconciliation practices are important for maintaining financial hygiene. Looking out for a Reconciliation Software? What is Bank Reconciliation? Neglecting them can result in fees, credit damage, and legal consequences.

Reconciliation 52

Reconciliation Checks Automation Process 52

The Fintech Times

JANUARY 30, 2025

More partnerships DOO Clearing, the UK-based foreign exchange broker and liquidity provider as part of the global DOO Group, has chosen next-generation reconciliation software specialists, Aurum Solutions , to automate its reconciliations.

FinTech 64

FinTech Reconciliation Financial Crimes Audit 64

The Payments Association

FEBRUARY 14, 2024

However, as new PSPs continue to emerge, the landscape is becoming increasingly competitive. Unlike established banks, fintechs are largely free from the legacy tech stacks that slow down banks from modernising. So Payment Service Providers (PSPs) can anticipate customer needs and provide services that address their problems. Read more

Reconciliation 88

Reconciliation Addressing Service Provider Continuity 88

The Fintech Times

FEBRUARY 27, 2025

This is a game-changer for institutional investors as they continue to allocate assets to private markets. But the upsides are undeniable, and potential cost savings only increase as labor costs continue to rise.” “Onboarding new systems and aligning people and software so that they reinforce one another can take time.

AI 76

AI FinTech Fraud Detection Automation 76

The Fintech Times

DECEMBER 3, 2024

Reserva explained that this solution saved its tech and finance teams a significant amount of time, as they had previously been burdened by the lengthy and complex process of manually onboarding payment providers and managing reconciliations. We look forward to continuing to support Reserva in their growth and success.”

Fraud Prevention 64

Fraud Prevention Payments Reconciliation Global Payments 64

Fintech Finance

MARCH 12, 2025

Leavitt continued, Furthermore, it levels the playing field among those commercial card issuers that can issue cards globally and those that cannot. The partnership aims to streamline processing and reconciliation for accounts payable and receivable teams dealing with international payments.

Cross-Border Payments 83

Cross-Border Payments Cross-Border Payment Solutions Commercial Card 83

PYMNTS

JANUARY 26, 2021

Over the last three years, the open banking model has continued to proliferate in markets around the world — even in jurisdictions, like the U.S., Doing so, the bank noted, will streamline and enhance a range of payment-related workflows, including sanctions screening, anti-money laundering (AML) checks, reporting and reconciliation.

ISO 20022 142

ISO 20022 ISOs Payment APIs and Integration Message Standards 142

The Fintech Times

NOVEMBER 7, 2024

Bankline Direct is a cash management solution for financial institutions that fully integrates with Treasury Management Systems and enterprise resource planning platforms to automate payment processing and data reconciliation and provide connectivity to UK and European payment schemes.

ISO 20022 59

ISO 20022 Consumer ISOs Online and Mobile Banking 59