The Fintech Times

SEPTEMBER 4, 2024

.” Changing state to state For firms in the US, a fragmented regulatory landscape across states can also leave roadblocks for compliance teams to overcome explains Gale Simons-Poole , chief risk officer at BHG Financial. ” The post What are the Biggest Challenges Facing Compliance Teams?

Compliance 64

Compliance Rules Regulations Cybersecurity 64

Nanonets

MAY 7, 2024

Just like balancing a chequebook or tallying up receipts to match your monthly bank statement , expense reconciliation helps ensure that all of a business’ expenses are properly accounted for and recorded. This process helps identify discrepancies such as missing transactions, bank errors, or unauthorised withdrawals.

Reconciliation 52

Reconciliation Best Practices Compliance Credit Cards 52

Nanonets

NOVEMBER 29, 2023

In critical areas like finance or legal, delays can result in non-compliance with regulations and financial penalties. Healthcare : Patient care plans or medical reports require timely approvals to ensure prompt treatment and adherence to healthcare regulations.

Automation 52

Automation Compliance Legal Process 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?

Reconciliation 52

Reconciliation Automation Regulatory Compliance Compliance 52

Nanonets

JANUARY 17, 2024

Regulatory Compliance – Don’t Mess with The Law : Automated expense management ensures that you're always on the right side of the law, avoiding costly legal pitfalls. With ever-changing regulations, managing compliance manually is like juggling dynamite. Feedback loops are equally important.

Payment APIs and Integration 52

Payment APIs and Integration Compliance Automation Audit 52

The Payments Association

OCTOBER 11, 2024

The reforms aim to address weaknesses in safeguarding practices, reduce consumer fund risks, and enhance regulatory compliance, particularly in preventing fund shortfalls. Finally, payment firms should implement any recommendations made by auditors promptly to strengthen their safeguarding framework and avoid future compliance issues.

Due Diligence 88

Due Diligence Audit Reconciliation Compliance 88