Fintech Finance

SEPTEMBER 16, 2024

As Open Banking payments require minimal manual data entry and are sent directly from a taxpayer’s bank account using pre-filled HMRC account details, the solution significantly improves payment reconciliation.

Payment Reconciliation 98

Payment Reconciliation Reconciliation Governance Government 98

PYMNTS

MARCH 10, 2020

SMBs can also review transactions to measure how finances are doing. This is the start of a series of capabilities that we plan to introduce with Xero to improve the way small businesses manage their finances across platforms.”. Airwallex gives SMBs the ability to tap interbank foreign exchange rates on global payments and deposits.

Payment Reconciliation 52

Payment Reconciliation Reconciliation Cross-Border Multi-Currency 52

Nanonets

MAY 8, 2023

Reconciliation is a mandatory process for businesses of all sizes. Reconciliation helps businesses gain insight into business spending and their categories in real-time. Account reconciliation takes a lot of time and effort. Also, the manual reconciliation method is error-prone. How do reconciliation manually?

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Fintech Finance

FEBRUARY 22, 2024

New research commissioned by AutoRek , a leading software provider to companies in the global financial services sector, has revealed the most current problems facing payments firms today, as well as their perceptions on regulation, compliance, and payments reconciliation.

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Reconciliation Payment Reconciliation Compliance Payments 52

PYMNTS

FEBRUARY 25, 2020

TripActions is the only complete, end-to-end corporate travel management solution for finance teams and travel managers, combining the best online booking tool, travel management company and travel payments solution into a single platform,” said Samantha DeRosa, senior accounting manager at Toast.

Payment Reconciliation 60

Payment Reconciliation Reconciliation Payments Credit Cards 60

Fintech Finance

SEPTEMBER 18, 2024

Through this agreement, Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and guide AutoRek’s clients with day-to-day support of implementations. Alastair MacKenzie, Head of Strategic Partnerships at AutoRek comments: “ AutoRek is on a mission to set the benchmark in trust for finance operations and controls.

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PYMNTS

DECEMBER 15, 2020

On top of these industry-specific challenges, the legal cannabis space faces the traditional hurdles associated with B2B payments: friction in invoice processing and payment reconciliation, cash flow management challenges, and the disconnect between when buyers want to pay and sellers want to get paid.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

Fintech News

JANUARY 30, 2024

Tech companies are innovating by being both a distribution partner and a potential threat to incumbent payments players. Super apps with embedded finance capabilities have been one of the dominant payments across Asia even before 2024. These e-wallets are linked to bank accounts, credit cards, or prepaid balances.

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Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 120

The Fintech Times

NOVEMBER 15, 2024

Blink Payment plans to offer support to brands, serviced by Zedonk, that lack the payment infrastructure enabling them to settle invoices via methods other than bank transfer – which can be slow and expensive.

Payments 59

Payments Reconciliation Payment Reconciliation Automation 59

Fintech Finance

JUNE 7, 2024

Collecting large transactions using traditional payment methods such as cheques and wire transfers typically results in prolonged payment reconciliation periods, excessive administrative burdens, and significant risks due to human error. This automation minimizes manual intervention and reduces administrative workload.

Embedded Payments 52

Embedded Payments Payment Solutions Transactions Payment Reconciliation 52

Fintech Finance

FEBRUARY 21, 2024

Kani Payments , the disruptive global data reconciliation and reporting platform, today announces a strategic partnership with issuer processing and core banking platform Pismo. The post Global Data Reporting Pioneer Kani Payments Partners with Pismo appeared first on Fintech Finance.

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Reconciliation Issuers Payments Compliance 52

Fintech Finance

SEPTEMBER 25, 2024

Through its proprietary payments platform, Apron enables customers to pay anyone, whether its employees or suppliers anywhere in the world. Apron also integrates easily with a business’s existing accounting tools (Xero or Quickbooks) for instant payment reconciliation.

Small Business 98

Small Business Payments B2B Payment Reconciliation 98

PYMNTS

JUNE 10, 2020

The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments.

Blockchain 53

Blockchain Payment APIs and Integration Reconciliation Cross-Border 53

Nanonets

DECEMBER 25, 2023

Efficient Reconciliation : Easily reconcile Stripe transactions in QuickBooks. Match payments and fees to bank statements, ensuring every dollar is accounted for without the painstaking manual matching process. It's like having a crystal ball for your finances, giving you a clearer view of what’s ahead.

Finance 52

Finance Payment APIs and Integration Best Practices Automation 52

The Fintech Times

JANUARY 11, 2024

Firms’ finance teams can find themselves bogged down with time-consuming administrative tasks as they expand their services and take on more employees. We digitise finance workflows, automate accounting processes, and provide transparency and control over expenditures. This includes tasks like managing accounts payable.

Finance 69

Finance Payment Reconciliation Automation FinTech 69

Fintech Finance

OCTOBER 28, 2024

.” “We are bringing an innovative bill payment solution to the market in partnership with Mastercard, driven by our deep understanding of the challenges billers face in payment reconciliation,” said Manuel Steremberg, head of innovation at FitBank.

Visa 94

Visa Credential Facilitators Payment Reconciliation 94

Nanonets

FEBRUARY 8, 2024

Among finance professionals and business leaders, AP automation is quickly shifting from an exploratory endeavor to a key strategic priority. Tipalti is a finance automation platform that has been around since 2010. Paving the way during the early days of finance automation efforts, Tipalti has evolved with the needs of its users.

Finance 52

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PYMNTS

MARCH 31, 2020

Tipalti CEO and Co-Founder Chen Amit said in the release, “The importance of AI in business finance is only going to increase, and we will be adding new capabilities to Tipalti PI over time to support the needs of our customers. ” Tipalti Pi is created to help during the payable process such as by optimizing payables workflow.

Accounts 53

Accounts AI Duplicate Payment Reconciliation 53

Nanonets

APRIL 6, 2023

In this blog post, we'll discuss the importance of supply chain automation and how Nanonets can help businesses automate their supply chain data capture and finance-related workflows. Nanonets can be used to automate invoice processing and payment reconciliation. What is Supply Chain Automation?

Automation 52

Automation Payment APIs and Integration Payment Reconciliation Reconciliation 52

PYMNTS

MARCH 27, 2019

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.”

B2B 46

B2B Reconciliation Payment Reconciliation PayPal 46

Fintech Finance

FEBRUARY 7, 2024

We brought our joint offering to dozens of businesses this year, and we look forward to delivering even more value to customers in 2024,” said Will Hannan, Global Head of Embedded Finance Sales for Revolut. The post Sabre and Revolut bring more benefits to travel agencies through virtual payments appeared first on Fintech Finance.

Payment APIs and Integration 52

Payment APIs and Integration Embedded Finance Payments Cross-Border 52

Core

OCTOBER 4, 2023

When integrated into a single platform, ERP payment systems help improve financial accuracy, efficiency, and transparency within an organization. This technology powerfully shapes how government organizations manage their finances, helping them remain adaptable and interconnected in the modern digital landscape.

Governance 52

Governance Government Payment Reconciliation Payment Gateways 52

PYMNTS

JUNE 16, 2020

In healthcare, the data needed for payments reconciliation rests within a patient accounting system, which in turn sits inside an electronic health record.

Checks 67

Checks Payments Payment Reconciliation Reconciliation 67

Fintech Finance

JANUARY 25, 2024

Virtual card technology has 30x lower fraud risk compared to traditional payment cards. Virtual cards provide a unique, traceable link between booking and associated payments to third-party suppliers. Virtual cards provide a unique, traceable link between booking and associated payments to third-party suppliers.

Visa 52

Visa B2B Reconciliation Payments 52

Nanonets

APRIL 10, 2023

As a finance professional, you want to use invoice data to process payments, match invoices with purchase orders or create financial reports. Converting PDF invoices to excel will help finance professionals import their invoice data easily into their systems. So stay tuned! PDF invoices are easy to share but not analyzed.

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Automation Payment Reconciliation Financial Analysis Reconciliation 52

PYMNTS

NOVEMBER 7, 2017

The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained. It aims to reduce Days Sales Outstanding and supports streamlined reconciliation.

Payer 48

Payer Payment APIs and Integration Treasury Reconciliation 48

PYMNTS

JANUARY 29, 2020

When it comes to helping corporates manage their supply chains, traditional banks tend to focus on the financing aspect via trade finance, factoring or other such products. Offering solutions that promote workflow automation from sourcing through to payment, reconciliation and accounting is not usually part of an FI’s product roadmap.

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PYMNTS

JULY 16, 2020

. “By integrating the payments and eCommerce with the ERP, it’s going to allow businesses to effectively drive online revenues as well as improve payment processing and time of payment,” said George, adding that Aptean supports real-time invoice and payments reconciliation as a result of that ERP connectivity.

B2B 59

B2B B2C Checks Payment Reconciliation 59

PYMNTS

JUNE 28, 2019

The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Small Business 43

Small Business Participant Automation B2B 43

Nanonets

JANUARY 10, 2024

They faced significant challenges in their financial workflows due to reliance on cash payments and manual reconciliation processes. As stated by Mathias Goetz, Senior Project Manager at ATU, the new process required managers to simply take a picture of their receipts and upload them into the automated finance system.

Automation 52

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Nanonets

MARCH 20, 2023

With automated import, best-in-class data extraction, flexible approvals and all payment options supported, Flow is ideal for growing companies looking to formalise their finance function. Looking to automate your manual AP Processes? Book a 30-min live demo to see how Nanonets can help your teams implement end-to-end AP automation.

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Nanonets

OCTOBER 18, 2024

5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 5 BILL AP/AR SMB Easy-to-use AP automation for payments and vendor management 4.4/5 5 Melio SMB Flexible payment options with automated reconciliation 4.5/5 It literally cuts the red tape and allows us to better allocate our finances."

Automation 52

Automation Payment APIs and Integration AI Multi-Currency 52

Nanonets

OCTOBER 18, 2024

5 Tipalti Midmarket + Enterprise Global payments automation with tax compliance 4.5/5 5 BILL AP/AR SMB Easy-to-use AP automation for payments and vendor management 4.4/5 5 Melio SMB Flexible payment options with automated reconciliation 4.5/5 This helps identify bottlenecks and implement cost-saving strategies.

Automation 52

Automation AI Multi-Currency Cross-Border 52

Nanonets

NOVEMBER 14, 2023

Traditionally tackled through manual processes, digital transformation is now at the forefront of AP, with technologies like AI and ML revolutionizing how businesses manage their finances.  Invoice Payment Status Monitoring : AP systems track the status of each invoice payment, providing real-time visibility into the AP process.

Accounts 52

Accounts Automation Compliance Fraud Prevention 52

EBizCharge

JUNE 6, 2024

This suite offers modularity, allowing businesses to select and license only the applications they need, such as sales, customer service, field service, finance, supply chain management, and commerce. Utilizing automation features for payment reconciliation can save time and reduce manual errors.

Credit Cards 52

Credit Cards Process Payment Gateways Gateways 52

Nanonets

FEBRUARY 26, 2024

Finance teams are well aware of the tedious and error-prone nature of manual accounts payable processes. This could also lead to late payments or in some cases potential  vendor fraud. Today, you can automate these processes using accounts payable automation solutions and optimise accounts payable for your finance teams.

Automation 52

Automation Accounts Payment APIs and Integration Process 52

Nanonets

APRIL 16, 2023

AP automation software improves the accuracy and efficiency of your AP department and helps with a variety of other business activities—many outside of accounting and finance. Reconciliation At the end of the invoice payment process, a business needs to record what happened. How Does AP Automation Work?

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Automation AI Accounts Reconciliation 52