PYMNTS

JANUARY 30, 2020

A sample customer file and the researcher’s correspondence with the airline were reviewed by the news outlet. The airline then took steps to secure the database. “At The government bureau CERT-In , which manages cybersecurity issues in India, was also informed of the breach, the researcher said.

Breach 80

Breach Correspondent Research Database 80

Nanonets

APRIL 15, 2024

Detects errors, omissions, and irregularities : By comparing each transaction in the bank statement with the corresponding entry in the company's records, bank reconciliation can catch discrepancies, errors, and omissions that may have occurred during the recording or transmission of financial data.

Reconciliation 52

Reconciliation Adjustments Correspondent Checks 52

Nanonets

APRIL 4, 2023

Put simply, mailroom automation is the process of automating incoming mail (both physical and digital) and other correspondence by transforming it into structured business data that is then sent to the relevant individuals or fed into processes and systems within your organization. What is mailroom automation? G2 Score: 4.3/5

Automation 52

Automation Correspondent Process AI 52

Nanonets

MARCH 14, 2024

For this, all details of the purchase as mentioned in the invoice are matched with the corresponding purchase order to ensure that the product/services that were ordered were delivered correctly and at the price agreed upon. Invoices and POs can also be imported into Nanonets from your mail, apps and databases.

Payment APIs and Integration 52

Payment APIs and Integration Automation Correspondent Checks 52

FICO

JANUARY 22, 2021

The reports are stored in the Consumer Sentinel Network (Sentinel), a secure online database available only to law enforcement partners, which can use information in the database to spot trends, identify questionable business practices and targets, and enforce the law.

Credit Cards 52

Credit Cards FTC Push-to-Card Federal Trade Commission 52

PYMNTS

JUNE 28, 2016

Banking officials from over 40 institutions around the world have also paticipated in workshops in various cities throughout this spring to help create a plan for correspondent banking called “the digital transformation of cross-border payments.” The pilot of the program is focused on B2B payments and is already up and running.

Payment Initiation 40

Payment Initiation Global Payments Cross-Border Payments Cross-Border 40

Nanonets

OCTOBER 5, 2023

In simple terms, RAG enables the AI to pull in relevant information from a database or other sources to support the generation of more accurate and informed responses. Through RAG, the chatbots can retrieve and utilize relevant information from a database to generate personalized responses to customer inquiries.

Bots 52

Bots API Database Posting 52

CB Insights

JANUARY 10, 2018

The patent explains, “Neurological user intention data corresponding to a physical gesture is generated when a user thinks about and/or focuses on a movement, in the same way an amputee might think about moving an amputated limb.” head or limb movements (tilting or nodding the head, raising or lowering an arm).

Correspondent 77

Correspondent Database Processors Innovation 77

Nanonets

JUNE 21, 2023

Verify transactions Go through each transaction listed in the bank statement and compare it with the corresponding transaction recorded in the internal records. The first step is to compare the beginning balance of each bank account listed on the bank statements with the corresponding balance recorded in the general ledger.

Reconciliation 52

Reconciliation Process Adjustments Automation 52

Segpay

APRIL 22, 2024

Even if intercepted, the token cannot be used for fraudulent transactions without the corresponding authentication mechanisms. The merchant receives the token and stores it in their database rather than storing Michael’s actual card number. Suppose a customer purchases a refrigerator from an online store.

Data Breach 52

Data Breach Risk Online and Mobile Banking PCI DSS 52

PYMNTS

FEBRUARY 20, 2018

“Although competition and innovations such as mobile or eBanking have made these payments more convenient, the bulk of clearing and settlement for cross-border payments still goes through traditional correspondent banks, which struggle to handle the higher-volume, lower-value retail payments,” the CPMI noted in its report.

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

Nanonets

DECEMBER 11, 2023

Your team will no longer have to manually type information into forms, applications, or databases. For instance, customer order data from forms submitted on a website can automatically pre-populate the corresponding fields in CRMs, inventory management, and accounting systems. And that’s only half of the story.

AI 59

AI Payment APIs and Integration Automation Best Practices 59

PYMNTS

APRIL 22, 2019

Other top factors behind rejections include an applicant’s poor credit profile, limited institutional ability to underwrite financing, a decline in correspondent banking relationships, and geopolitical and economic risk factors.

Finance 53

Finance Financial Inclusion Compliance Correspondent Bank 53

Stax

AUGUST 20, 2024

Instead of storing sensitive customer information, like payment and personal details, in a database, tokenization replaces the data with randomly generated “tokens.” Tokenization is essential for 3D Secure systems, as it ensures customers’ personal information remains secure during payment transactions.

Authentication 88

Authentication Security Card Issuer Payment APIs and Integration 88

PYMNTS

JUNE 30, 2017

Things that run the gamut from being more or less variations on existing database technologies to things that are really sci-fi and exciting but very different than anything that is out there right now,” he explained. “And it’s worse than that with the blockchain because there are many blockchain protocols and standards and initiatives.

Blockchain 77

Blockchain B2B Payments Correspondent Bank 77

CB Insights

DECEMBER 19, 2017

Now, swimmers may see new benefits from the Apple Watch, too: A new patent surfaced in the CB Insights database would enable long-distance swimmers to keep track of their location based on the “radio frequency signals communicated” by their wrist-worn device. Research Briefing: Apple Strategy Teardown.

Correspondent 61

Correspondent Fed Database Use Case 61

PYMNTS

SEPTEMBER 30, 2019

On the phone or tablet screen, the chosen image is divided into nine squares that correspond with the nine canvas tiles provided with the kit. The works offered in the gallery come from 20 artists who include their work in the database. The customer can either upload a photo of their own or pick one from Cupixel’s online gallery.

Origination 43

Origination Correspondent Database Process 43

FICO

APRIL 28, 2022

The blue bars correspond to the FICO Score calculation without the BNPL accounts included, and the orange bars represent the FICO Score calculation with those same BNPL accounts included. This modest downward trend in score resulting from the inclusion of BNPL data is consistent across key consumer segments. Stay tuned! by Ethan Dornhelm.

BNPL 98

BNPL Credit Cards Accounts Origination 98

PYMNTS

JANUARY 18, 2019

” EDI is a mechanism that allows companies to exchange data electronically, to replace manual communication channels like fax or paper correspondence. “Ultimately, 90 percent of what people talk about [when they talk about] blockchain can be done with a centralized database,” he said.

B2B 78

B2B Blockchain B2C Use Case 78

Nanonets

JANUARY 10, 2024

They can help maintain clarity, manage expectations, and enhance the overall efficiency of your correspondence, even when you're not actively managing your inbox. Reduction in Manual Workload Manually managing email correspondences can be a drain on resources and time.

Automation 40

Automation Returns Best Practices Correspondent 40

Nanonets

FEBRUARY 28, 2024

GL Coding General Ledger Codes, or GL Codes, are unique alphanumeric strings that classify and record financial transactions within a company’s general ledger into corresponding GL account. Each GL account is associated with corresponding GL code. 💡 Consider a small café that buys a new espresso machine for $1,000.

Automation 52

Automation Payment APIs and Integration Accounts Transactions 52

Nanonets

NOVEMBER 20, 2023

3-Way Matching: Alignment of the invoice with the corresponding purchase order and receiving report in a 3-way matching process. Validation of Legitimacy: Automated systems use algorithmic rules and databases to validate the legitimacy of vendors, reducing the risk of processing invoices from fraudulent or unverified sources.

Payment Reconciliation 52

Payment Reconciliation Automation Reconciliation Verification 52

Nanonets

APRIL 30, 2023

This regulation requires that expenses be recorded in the same period as corresponding revenue. Automate information extraction and sync databases Add proper rules to comply with your policies. Find a solution to automate data extraction from employee documents and sync the HRMS database in real time.

Payroll 52

Payroll Automation Accounts Reconciliation 52

Nanonets

MARCH 30, 2023

The final output is a structured data format that can be easily integrated into other systems, such as databases or business intelligence tools, for further analysis and reporting. Integration IDP can easily integrate with other systems, such as databases or business intelligence tools, for further analysis and reporting.

Process 52

Process Automation Compliance Volume 52

Nanonets

DECEMBER 10, 2023

Data Validation: IDP can cross-verify extracted data against predefined rules or external databases, ensuring accuracy and reliability. The enhanced traceability facilitated by automation ensures that each package is accurately linked to the corresponding label and associated with the correct order and shipment in the logistics system.

Automation 52

Automation Compliance SWIFT Process 52

Nanonets

MARCH 21, 2023

The vendor management personnel create and manage the supplier database and correlate it with various procurement operations. Keeping track of master vendor data, assigning voucher numbers, and maintaining vendor correspondences. The Accounts Payable manager coordinates with the team for error-free and seamless invoice management.

Accounts 52

Accounts Automation Process Correspondent 52

Exact Payments

JANUARY 4, 2024

In the card data environment, patching should be applied to all systems, such as: Operating systems Firewalls, Routers, Switches Application software Databases POS terminals 7. Furthermore, all new and updated code should not only be tested for known vulnerabilities but also assessed for potential unknown weaknesses.

PCI DSS 52

PCI DSS Compliance Audit Encryption 52

Nanonets

MARCH 30, 2023

Manual data entry involves the use of human operators to input data into a computer system or database, and this process can be time-consuming and error-prone. And we built the first consistent database of french agricultural land prices at local scale for 1950-today. thanks @nanonets.

Automation 52

Automation Process AI Research 52

Nanonets

MARCH 4, 2024

Receipts are captured faster than a speeding bullet, thanks to the wonders of mobile technology and seamless integrations to import receipts from your apps and databases. Expense Incurrence:  Same old expenses, but here's where the magic happens.

AI 52

AI Payment APIs and Integration Fraud Detection Automation 52

PYMNTS

SEPTEMBER 17, 2018

The bad guys were able to use malware that interfered with bank processes that typically create document confirmation and use Oracle databases to retain records of messages sent via SWIFT, “then used other malware to delete evidence of those concealing activities,” noted the filing. correspondent banks,” said the complaint.

SWIFT 75

SWIFT Phishing Ransomware Central Bank 75

Seon

SEPTEMBER 20, 2023

Here’s a closer look at how KYC onboarding and AML correspond to one another: AML compliance calls for organizations to apply due diligence. For example, individuals whose addresses can’t be found on your database may need to provide more documentation than those whose details are found straight away.

Process 52

Process Due Diligence AML Verification 52

CB Insights

AUGUST 23, 2018

We used the CB Insights database to identify 50+ startups enhancing the stadium experience and organized them into 11 categories, from stadium analytics and its component parts to live betting technology, and more. Fans can access corresponding mobile apps for a deeper glimpse into their favorite player’s game time diagnostics.

Technology 51

Technology Blockchain Correspondent Security 51

Nanonets

JUNE 15, 2023

PO Verification : The AP clerk checked the PO number on the invoice, then manually searched for the corresponding PO in a filing cabinet or electronic system. Automatic PO Verification and Matching : The system automatically retrieves the corresponding PO based on the PO number extracted from the invoice. This completes your workflow.

Automation 52

Automation Payment APIs and Integration Audit Process 52

FICO

FEBRUARY 20, 2018

Here are two classic techniques: Near-neighbor statistics, for example, the average distance from the query point to its M closest neighbors, with higher values corresponding to greater outlies. Some new data may be an outlier compared to the training database by being exaggerations or mutations of normal data.

AML 53

AML Money Laundering Crime Financial Crimes 53

Nanonets

DECEMBER 11, 2023

Utilize natural language to effortlessly create and manage workflows that seamlessly integrate with all your documents, apps, and databases. The lead score is updated manually in the corresponding Hubspot CRM record.

CRM 52

CRM Automation AI Authorization 52

Nanonets

NOVEMBER 9, 2023

A bunch of robots whirring away in a warehouse, entering data into databases? Moreover, you can set up workflows that match these sales receipts with corresponding orders in your systems, ensuring that all sales are correctly accounted for. What comes to mind when you hear "order entry automation"?

Automation 59

Automation Payment APIs and Integration CRM Process 59

Nanonets

JUNE 24, 2024

The advanced transaction matching algorithms are capable of matching the credit card transactions with the corresponding entries in the accounting system. Automatic Transaction Matching: Reconciliation or Matching logic is a speciality for credit card reconciliations.

Reconciliation 52

Reconciliation Credit Cards Correspondent Automation 52