Payments Source

OCTOBER 19, 2016

But lately, stores are realizing that they don't want to duplicate Starbucks' success. For years, retailers have looked upon Starbucks' mobile payment app — which is used for more than a fifth of its U.S. in-store payments — with envy.

Duplicate 96

Duplicate Mobile Payments Payments Acquirers 96

Axway

SEPTEMBER 1, 2023

Adopting Amplify Enterprise Marketplace is the key to unlocking hidden value in your API management solution. Many enterprises aren’t getting all the value they hoped out of their API program. They’re struggling to drive API adoption, understand usage, and eliminate …

Duplicate 52

Duplicate API 52

Fintech News

SEPTEMBER 9, 2024

However, executives believe this integration could also lead to the elimination of some duplicate back-office roles, further enhancing efficiency. The potential merger could create a combined unit with approximately 92,125 employees. billion.

Duplicate 134

Duplicate Continuity FinTech Posting 134

The Fintech Times

FEBRUARY 14, 2024

Duplicate and fraudulent invoice detection : AI engines can identify potential duplicate invoices or invoices with unusual amounts and flag them for review. Supplier identification: Occasionally, suppliers are duplicated in the company’s master data source.

Automation 103

Automation Process Duplicate Compliance 103

Payments Source

MARCH 3, 2020

Duplicates can take many different forms and can be difficult to find in a manual review process, says AppZen's Josephine McCann.

Duplicate 74

Duplicate B2B AI Process 74

PYMNTS

MAY 16, 2020

The company said that the system “may record bank note serial numbers and denominations to prevent duplicate bank notes, [and] may ensure transaction security by storing transaction signing private keys on a chip or mobile device Secure Element (when available). Embodiments may also allow for user anonymity.”.

Government 128

Government Governance Blockchain Request for Comment 128

PYMNTS

AUGUST 13, 2020

Now, the expansion will let users access the benefits of Ramp’s ability to do away with duplicate and other needless expenses, which can help to cut down on expenses overall, the company says. That tightens the loop between spend and expense management, the release says, and can save customers around five days each month.

Duplicate 85

Duplicate Commercial Card Finance Product 85

Chargebee

MAY 23, 2024

An unplanned migration process can lead to data duplication, inaccurate revenue reporting, and business downtime – all affecting the incredible subscriber experience you want to deliver to your customers. Selecting a new billing system can feel like running ten miles in a marathon only to find 32 more miles to go.

Best Practices 76

Best Practices Duplicate Process 76

PYMNTS

OCTOBER 14, 2020

million was possibly duplicate payments. The SBA's inspector general, according to Bloomberg, said it had identified over $250 million possibly given to ineligible recipients for the program, and another $45.6 The bank was questioned over its handling of Paycheck Protection Program (PPP) loans by both federal and state officials.

Law Enforcement 112

Law Enforcement Duplicate Small Business Laws 112

Finextra

JUNE 12, 2024

The Co-op Bank hs apologised to customers after a computer glitch resulted in duplicate transactions, pushing some small business owners into their overdrafts.

Duplicate 59

Duplicate Small Business Transactions Payments 59

Payments Source

JANUARY 12, 2021

Now it's time for regulators to further ease anti-money-laundering reporting requirements by freeing them from filing duplicative or unnecessary suspicious activity reports. Congress acted first when it freed financial firms from having to disclose the beneficial owners of commercial clients.

SARS 65

SARS Money Laundering AML Duplicate 65

PYMNTS

NOVEMBER 23, 2020

As to the fraud itself: There are the counterfeit COVID checks, and there are duplicate deposits where checks are cashed multiple times. Edwards contended that it takes a while for the government to return them and for banks to uncover who is liable for duplicates.

Mobile Deposit 101

Mobile Deposit Checks Technology Duplicate 101

PYMNTS

AUGUST 14, 2020

Companies could end up paying twice if workers mistakenly file invoices that have already been uploaded or fail to realize when vendors accidentally submit duplicate invoices. AI-powered tools can help detect such issues and send alerts when they occur, however.

Process 106

Process Duplicate Automation AI 106

VISTA InfoSec

OCTOBER 20, 2023

Set up backup and recovery procedures: Develop protocols for duplicating and restoring ePHI data during data loss events. Implement Redundancy: Maintain duplicate systems or data to fall back on in case of a failure. Off-site backups : Store backups at a location separate from the primary site, such as on DVDs, CDs, or cloud storage.

Disaster Recovery 130

Disaster Recovery Regulatory Compliance Procedures Duplicate 130

Fi911

JULY 19, 2024

No Authorization Processing Errors These reason codes cover errors made during the processing of a transaction, such as duplicate charges, incorrect amount charged, or incorrect currency conversion. Duplicate Processing 12.6.2: Card Recovery Bulletin 11.2: Declined Authorization 11.3: Incorrect Transaction Code 12.3:

Disputes 88

Disputes Duplicate Non-Bank Authorization 88

PYMNTS

DECEMBER 15, 2020

According to Melissa ’s research, the average corporation’s customer list contains about 8 to 10 percent of duplicate data. In fact, Walker said the problem is so common that he makes a hobby of collecting the duplicate mail and catalogs that he personally receives under various iterations of his name or address.

Addressing 73

Addressing Returns Duplicate Verification 73

Fintech Review

FEBRUARY 27, 2024

Cost-to-Duplicate The cost-to-duplicate approach evaluates what it would cost to build another startup with the same product or service from scratch. This method focuses on tangible assets and the direct costs associated with developing the fintech startup’s technology and offerings.

FinTech 105

FinTech Duplicate Assessments Innovation 105

PYMNTS

JULY 24, 2020

There were sellers offering data from what could have been 278,531 accounts, although some may have been duplicates or fake, the report noted. Instacart said that had never happened. “We are not aware of any data breach at this time,” an Instacart spokesperson told BuzzFeed News.

Data Breach 86

Data Breach Breach Phishing Duplicate 86

FloQast

JUNE 12, 2024

“With FloQast, everyone on our team, including our financial statement auditors, knows where to go for information, and it eliminates the duplication of efforts,” concluded Kayli. The post How Curis Streamlined Their Close, Strengthened Compliance, and Saved Six Figures With FloQast appeared first on FloQast.

Compliance 99

Compliance Close Processes Audit Automation 99

Chargebee

MAY 24, 2024

An unplanned migration process can lead to data duplication, inaccurate revenue reporting, and business downtime – all affecting the incredible subscriber experience you want to deliver to your customers. Selecting a new billing system can feel like running ten miles in a marathon only to find 32 more miles to go.

Best Practices 52

Best Practices Duplicate Process 52

Fi911

MAY 22, 2024

Duplicate Charges : If a payer is charged more than once for the same transaction, the duplicates can be reversed. Some of the most common issues that result in a reversed payment include: Fraudulent Transactions : When a transaction is flagged as potentially fraudulent, it may be reversed to protect the payer.

Payer 89

Payer Address Verification System (AVS) Disputes Payee 89

Fintech Finance

NOVEMBER 19, 2024

From unauthorised transactions to duplicate charges or service issues, cardholder disputes can swiftly become time- and cost-intensive for back-office teams, especially during peak periods like Black Friday and Cyber Monday, when transaction volumes spike.

Disputes 94

Disputes Consumer Protection Duplicate Transactions 94

Nanonets

JUNE 19, 2024

Errors in logging payments correctly, duplicates, or missing entries may lead to incorrect reporting. Duplicate Payments: Without regular reconciliation activities, there is always a risk associated with processing payments twice. Ensure that the vendor invoice correctly aligns with the Accounts Payable system for each item.

Reconciliation 52

Reconciliation Process Accounts Duplicate 52

PYMNTS

JANUARY 23, 2019

Subscription merchants have duplicated this simple formula within every industry imaginable, but few today offer subscription services that resonate with what consumers want. At their core, subscription services are simple and straightforward. So, what differentiates the best from the rest?

B2C 75

B2C Duplicate B2B Assessments 75

The Paypers

MARCH 29, 2024

Lithuania-based regtech company iDenfy has announced that it entered a collaboration with FTMO , aiming to simplify the latter’s onboarding process and prevent duplicate accounts.

Duplicate 41

Duplicate Accounts Process 41

PYMNTS

OCTOBER 1, 2020

For example, an alert about a duplicate transaction might be appreciated by one card member as a red flag, but may be viewed by someone else as a nuisance in the event that the transactions were intentional. But there is no one-size-fits-all approach to an optimal mobile card experience, said Miller. The Balancing Act.

Online and Mobile Banking 106

Online and Mobile Banking Disputes On-Demand Issuers 106

PYMNTS

NOVEMBER 23, 2020

In addition, that service also lets users delete duplicate or redundant suppliers, or those who were "onboarded by mistake," with generally easier rationalization of the supplier base. Users will be able to assign a single assessment status for suppliers, which will let suppliers update it at any time.

Risk 70

Risk AI Risk Assessment Assessments 70

Nanonets

MARCH 15, 2024

Tyical bottlenecks that are reported by accounting teams are activities like: Invoice coding General Ledger (GL) mapping Payment Details Verification (to check for fraud) Duplicate Detection There is a very clear underlying theme here - manual data entry and verification is what causes these tasks to be tedious and time-consuming.

Automation 59

Automation AI Accounts Duplicate 59

Nanonets

FEBRUARY 19, 2024

Data Entry Mistakes : Misentries, such as duplicating transactions or inaccurately recording vendor details, can misalign your books. Avoiding Duplicate Payments : Duplicate payments to suppliers can occur, particularly with changes in team members or insufficient invoice processing protocols.

Reconciliation 52

Reconciliation Duplicate Adjustments Transactions 52

PYMNTS

JULY 24, 2020

Sellers were offering data from what could have been 278,531 accounts, although some may have been duplicates or fake. PYMTS reported hundreds of thousands of Instacart customers had their personal data sold online, including the last four digits of their credit cards. Instacart denied it happened. “We

Accounts 75

Accounts Compromise Data Breach Phishing 75

Clearly Payments

AUGUST 6, 2024

Processing Errors: Making up 15% of chargebacks, these involve errors such as incorrect amounts or duplicate charges. Processing Errors: Errors in processing the transaction, such as incorrect amounts or duplicate charges. Product or Service Issues: Disputes over the quality or delivery of products or services.

Disputes 87

Disputes Visa Issuers Duplicate 87

Fi911

AUGUST 7, 2024

We’ve outlined these below: Authorization-Related Chargebacks 4808 — Warning Bulletin File 4808 — Authorization-Related Chargeback 4808 — Account Number Not on File 4808 — Required Authorization Not Obtained 4808 — Expired Chargeback Protection Period 4808 — Multiple Authorization Requests 4808 — Cardholder-Activated Terminal (CAT) 3 Device 4834 (..)

Visa 92

Visa Disputes Authorization CHIPS 92

PYMNTS

NOVEMBER 6, 2020

Sixty-three percent of businesses in the United Kingdom have received duplicate invoices , for example — with 33 percent mistakenly paying them — 58 percent have had to pay suppliers’ late fees, and 90 percent have been pestered by suppliers demanding payments.

Duplicate 62

Duplicate Procedures Automation Treasury 62

PYMNTS

SEPTEMBER 17, 2020

After all, there’s at least some duplication of process when checks are handed to tellers. He said banks need to be proactive in calling attention to (and guiding consumers toward) this digital option by boosting visibility of demos or even redefining new account openings.

Checks 118

Checks Mobile Deposit Duplicate ATM 118

Fintech News

MAY 14, 2024

Securing Authenticity: ZOLOZ’s Solution to Deepfake Challenges in the Digital Age IdNetwork: Identifying Systemic Risks The IdNetwork layer utilises data science graphs to identify and map duplicate authentication risks, and identity fraud risks on a large scale.

Deepfake 118

Deepfake Authentication Verification AI 118

PYMNTS

NOVEMBER 1, 2020

In addition, the automated insights can offer proactive insights on out-of-policy or duplicate expenses. The cloud processing for receipt data works to cut down on expensive errors in data transposition, for example. That can help with fraud or over-spending, the release stated.

Duplicate 67

Duplicate Reconciliation Audit Automation 67

PYMNTS

JANUARY 10, 2019

For that reason, DadeSystems has multiple read replicas that are duplicates of the production database made in real time. In addition, the company can add customers to its platform without having to worry about adding more servers. However, FinTech startups can still face challenges with scaling their databases.

On-Demand 77

On-Demand FinTech Database Duplicate 77