PYMNTS

MAY 21, 2018

TeenSafe assures parents that the app “employs industry-leading SSL and vormetric data encryption to secure your child’s data. Your child’s data is encrypted — and remains encrypted — until delivered to you, the parent.”. It’s unknown if there are other exposed servers with additional data.

Encryption 43

Encryption Data Encryption Duplicate Credential 43

Payment Savvy

MAY 12, 2023

Payment automation can provide increased security measures, such as data encryption and user authentication, which can help prevent fraud and unauthorized access to financial data. Better data management. Common issues with manual payment processing include: Duplicate payments. Enhanced security.

Automation 52

Automation ACH Payments Duplicate 52

Stax

SEPTEMBER 17, 2024

On top of that, financial institutions have various security measures, such as data encryption, and other strict banking protocols to enhance security. You can stop, cancel, or reverse incorrect payment amounts or duplicate payments within the same business day.

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

FloQast

JANUARY 22, 2024

For bank reconciliations, the accounting software will automatically match the corresponding entries (between the bank and the cash ledger), remove duplicate transactions, and identify outstanding transactions. Intercompany activity can be automatically reconciled with differences reported in an exception report.

Automation 52

Automation Reconciliation Audit Accounts 52

Nanonets

OCTOBER 9, 2024

  Flag duplicate bank statements You can set up different validation rules to ensure no duplicate files. Blockchain technology: Some verification systems adopt blockchain for secure, tamper-proof record-keeping.

Verification 52

Verification AI Reconciliation Payment APIs and Integration 52

Nanonets

NOVEMBER 15, 2023

Additionally, the invoices must be matched with the corresponding purchase orders and goods receipts to avoid duplicate invoices, fraud, and errors. Moreover, integrations with your ERP or accounting software ensure that all financial data is synchronized and up-to-date, reducing the risk of inaccuracies and duplication.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

Nanonets

JULY 21, 2023

Security measures: Two-step authentication, data encryption, secure data centers, and network security Online file storage: Store and manage files securely in the cloud, eliminating the need for physical documents. Multi-currency support: Management of payments, bills, invoices, and quotes in different currencies.

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Audit 52