E78 Partners

NOVEMBER 16, 2023

The number of respondents identifying AI as their foremost priority has increased from 12% in 2021 to 40% in 2023. By accelerating essential tasks such as data entry, reconciliation, and reporting, finance teams, and CFOs specifically can focus on high-value activities, strategic planning, and oversight.

Marketing 52

Marketing Reconciliations Prioritization Strategic Planning 52

PYMNTS

JANUARY 14, 2021

Those who work in hotels won’t have to manually handle payments or enter card numbers into terminals. The solution we developed with the help of NTT Data provides another layer of security and enhances the payment experience for our partner travel management companies and their clients.

Reconciliations 52

Reconciliations Communication Securities Numbers 52

PYMNTS

JANUARY 21, 2021

Thanks to this agreement, we can now offer JAGGAER customers and their suppliers improved tracking, reconciliation and speed of processing or receiving cross-border transactions in 134 currencies,” JAGGAER CEO Jim Bureau said in the announcement. The numbers came out to $2.5 US CFOs Consider How to Use Cash Reserves.

B2B 85

B2B Banking Reconciliations Currencies 85

PYMNTS

DECEMBER 11, 2020

In terms of mechanics, payers upload check batch files which are, in turn, digitized by MPX and sent to providers, which now number more than 160,000 across its network. As might be expected, security remains top of mind for any payment platform, and where Deluxe conducts background and security checks on participants.

Healthcare 67

Healthcare Reconciliations Invoicing Numbers 67

CS Lucas

APRIL 28, 2023

Enhanced fraud prevention: The use of automated systems for transferring files reduces the risk of tampering, improving security. The bank statements are also used for bank reconciliation and can be automatically imported into CS Lucas or accounting system if the bank provides them in a compatible format.

Banking 52

Banking Reconciliations Transportation Securities 52

PYMNTS

FEBRUARY 27, 2019

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. Deep Dive: Security in the Time of Faster Payments. Get the full story in the Tracker.

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

PYMNTS

NOVEMBER 16, 2020

Keys can be the user's social security number, mobile phone number, or email address, providing a level of security and identification above the SITRAF rails. It takes consumer data to make PIX work. In order to transact through the system, users need to register "keys" with their bank or fintech.

Nonprofit 131

Nonprofit Reconciliations Banking Securities 131

Centage

MAY 3, 2023

With payroll being about 85% of our expenses, when it came to building the personnel budget, it was critically important that the numbers we used were accurate. I don’t think the staffing changes that we talk about would be feasible to forecast if we didn’t have this tool.

Budgeting 52

Budgeting Forecasting Nonprofit Reconciliations 52

PYMNTS

NOVEMBER 20, 2018

With payment bigwigs like Visa , Mastercard and American Express pushing further into the B2B payments space, commercial card adoption is being driven by more than growth in the number of card products available. The challenges of commercial card adoption, including security and integration, remain significant.

Reconciliations 47

Reconciliations B2B Treasury Securities 47

PYMNTS

FEBRUARY 14, 2019

According to a press release , the joint solution will make airline payments more secure. “We look forward to working with Conferma Pay to provide our network members with a more secure, cost-effective way to manage their payments when booking travel,” said Dave Holmes, chief commercial officer, in the press release.

Reconciliations 49

Reconciliations Securities Technology Sales 49

PYMNTS

JANUARY 14, 2020

In PYMNTS’ 2018 The B2B Payments Tipping Point study, only one feature of Real-Time Payments was considered “very” or “extremely” valuable by more than 70 percent of firms: enhanced fraud and security. In the latest report, however, six features were viewed this way, including fraud and security (78.3 percent in 2018. percent in 2018.

Accounts Payable 53

Accounts Payable Reconciliations Construction Treasury 53

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. Banks that earn consumers’ trust by securing their mobile data and transactions will likely see plenty of growth, as 40 percent of U.S. consumers now use mobile banking.

Foreign Exchange 52

Foreign Exchange Reconciliations Compliance Banking 52

PYMNTS

MAY 6, 2019

Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . Security and Recordkeeping. In addition, card payments require compliance with the Payment Card Industry Data Security Standard, which can be expensive to maintain.

B2C 44

B2C Reconciliations Invoicing Securities 44

PYMNTS

JANUARY 3, 2019

To help the system identify customers, they might be prompted to enter their seat numbers or passenger name record (PNR) numbers on the device. . “We We don’t want [them] to enter PNR or reference numbers — it makes the experience a bit clunky,” Vorster said. We don’t have a bulletproof solution at the moment.” .

Reconciliations 52

Reconciliations Sales Numbers Securities 52

PYMNTS

JANUARY 30, 2020

These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space. Virtual card numbers (VCNs) make payments easily trackable, and enable reliable data capture, helping merchants to reconcile payments.

B2B 71

B2B Invoicing Accounts Payable Reconciliations 71

PYMNTS

AUGUST 13, 2019

The site said Jio’s actions would help deliver automation and security to transactions and for modernizing supply chains. The firm has said the number of transactions made across the platform grew tenfold since January of this year. We are starting to see the first full production implementations, such as Santander’s One Pay FX.

Advertising 54

Advertising Reconciliations Securities eCommerce 54

PYMNTS

FEBRUARY 24, 2020

These firms are finding that managing both systems in the cloud offers the flexibility and security needed to streamline invoicing and cut costs, while keeping operations running as smoothly and accurately as possible.

Accounts Payable 89

Accounts Payable Invoicing Education Reconciliations 89

PYMNTS

SEPTEMBER 28, 2016

Argo will integrate WEX’s virtual card number (VCN) technology as an additional payment option for its corporate and travel agency clients. Virtual cards are widely considered to be a more secure payment method for B2B payments. “We are thrilled to further support local businesses through WEX VCN. .

Reconciliations 64

Reconciliations B2B Numbers Technology 64

PYMNTS

MAY 4, 2020

” For suppliers, meanwhile, virtual cards offer enhanced security without having to alter card acceptance workflows. For both sides, the transaction data of a virtual card payment means streamlined reconciliation and reporting. That PDF is probably still going to be printed out at some point.” ”

Invoicing 66

Invoicing Accounts Payable Reconciliations B2B 66

Planful

JANUARY 19, 2016

Half of the time the numbers were unreadable, so we had to confirm them via phone. Then we would key the numbers into a spreadsheet and perform the currency translations there. (I Intercompany reconciliations were a nightmare, with many phone calls to the foreign subs. It’s More Than Just Rolling-Up Numbers.

IFRS 40

IFRS GAAP Reconciliations Auditing 40

PYMNTS

JUNE 20, 2017

The bank said in news Monday (June 19) that supporting use of a mobile wallet solution for corporate payers can help business travelers streamline transactions with online payments and expensing while boosting security. Instead, the mobile pay app creates a virtual card number unique to each transaction. labor force. .”

Banking 44

Banking Reconciliations Treasury Securities 44

PYMNTS

OCTOBER 1, 2019

Beyond changing clearing and settlement capabilities, Ramsey told PYMNTS, FIs will have to retool the way they approach operations, bringing real-time processes to all functions, from reconciliation to customer service. In other words, the days of batch processing — and taking hours to respond to a customer’s email — are over.

B2B 69

B2B Reconciliations eCommerce Banking 69

PYMNTS

NOVEMBER 29, 2016

Previously, businesses using Conferma virtual cards to book travel would have to create the virtual card number in Conferma then copy and paste that number into Sabre to book a reservation. In an interview with Business Travel News , Fyfe added that their collaboration ensures payments security for corporate clients as well.

Reconciliations 48

Reconciliations Numbers Securities Accounting 48

PYMNTS

JANUARY 29, 2020

To be competitive in the P2P space today, especially at the mid- to high-end of the market, the investment would be millions of dollars and a number of years of development,” he said. “By Who could be more trusted with securing data and ensuring the process integrity of strategic purchasing and payments? Unlocking Data to Unlock Value.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

MAY 1, 2020

Cryptocurrency transactions can offer a host of benefits for B2B payment scenarios , with AR teams able to secure greater visibility and predictability into incoming payments while obtaining a secure record of the transaction. Yet few AR teams are eager to embrace crypto.

Currencies 68

Currencies Accounting B2B Reconciliations 68

PYMNTS

DECEMBER 12, 2017

According to their announcement , Travelport will link its POS tool Travelport Smartpoint with Conferma’s solution for hotel billback and Virtual Card Numbers to streamline travel agencies’ payments to hotels on behalf of corporate travelers using virtual cards. The company announced news on Monday (Dec.

Reconciliations 40

Reconciliations Prioritization B2B Compliance 40

PYMNTS

JUNE 15, 2018

Auto bank reconciliation will also be available to SMEs. The Asia Securities Industry and Financial Markets Association (ASIFMA) advocated enhanced use of new technologies tied to “know your client” or KYC efforts. That number now stands at 8,600 individuals. That’s up markedly from 69 in 2016, as estimated by that association.

Compliance 46

Compliance Reconciliations Invoicing Banking 46

PYMNTS

SEPTEMBER 26, 2019

Consumers, businesses and governments are seeing faster payments as a path to greater convenience and financial security, and this growing demand is spurring payments services providers (PSPs) to meet this need in a swift, secure manner.

Reconciliations 67

Reconciliations Accounting Invoicing Banking 67

Future CFO

OCTOBER 23, 2019

The rise of RPA has unlocked greater efficiencies by automating processes, such as the reconciliation of zero-balance accounts, and it also allows finance teams to take a more holistic look at the financial close process. TS: As technology continues to accelerate changes, CFOs and CIOs must work together to secure their organisation’s future.

Finance 40

Finance Reconciliations Communication CFO 40

Centage

SEPTEMBER 6, 2022

The familiarity of spreadsheets and their ease of use mean many employees are happy to keep working with them, even though they may create serious security risks. Below, we’ll analyze Excel spreadsheets security problems that come with spreadsheets and how implementing software can be a more effective solution.

Securities 98

Securities Cash Flow Forecasting Budgeting Forecasting 98

PYMNTS

MARCH 17, 2020

Businesses continue to embrace the growing number of FinTech solutions available, a trend that traditional financial institutions (FIs) cannot afford to ignore. While banks provide the global scale and security treasurers need, FinTechs can provide targeted solutions and an elevated user experience. Providing Forward-Thinking Scale.

Treasury 69

Treasury Reconciliations Banking Compliance 69

PYMNTS

APRIL 2, 2019

Few clients give out email addresses and phone numbers, too, which creates a tokenization barrier and prevents them from transacting more securely. These struggles make the capabilities of RTP — especially its “request to pay” options — even more compelling. How RTP Has Changed the Bill Payments Game.

Treasury 49

Treasury Reconciliations B2B Invoicing 49

PYMNTS

JUNE 9, 2020

FinTechs that are able to automatically obtain transaction data from an ACH or virtual card transaction can reduce the reconciliation pain of migrating away from paper checks, while looping into supplier portals can support a frictionless, self-service process for vendors to be paid electronically and securely.

Accounts Payable 53

Accounts Payable Reconciliations CFO Accounting 53

PYMNTS

DECEMBER 1, 2016

“After the successful implementation of our credit card operation, TSYS has been selected to provide our debit card services, having demonstrated they can provide a similar secure and resilient solution to support our current account proposition,” said Mark Parker, chief operating officer for Virgin Money , in the press release. “We

Reconciliations 40

Reconciliations B2B Accounting Securities 40

PYMNTS

APRIL 19, 2019

With machines now taking care of repetitive financial tasks, accountants have had to readjust their position from number-cruncher to value-adder to remain relevant. “‘They’re just there for bookkeeping, bank reconciliation and payroll — what do I need you for when I can just do that myself?’

Accounting 61

Accounting Compliance Reconciliations CFO 61

Planful

JULY 27, 2016

Lack of security sending budgeting spreadsheets via email. Lack of security. The good news here is that cloud-based solutions have been available for a number of years, and many now offer the same capabilities as on-premises solutions. They also provide a number of advantages over on-premises solutions: Speed of deployment.

Financial Planning and Analysis (FP&A) 40

Financial Planning and Analysis (FP&A) Planning Value-Added Analysis Budgeting 40

PYMNTS

JUNE 3, 2020

The API technology that enables this connectivity also enables payroll FinTechs to connect with banks to automatically retrieve data for accounting and reconciliation purposes, for example. Further, an embrace of the cloud and automation has raised anxieties among some payroll professionals about the future security of their careers.

Reconciliations 52

Reconciliations Banking Technology Accounting 52