Best Practice

Businesses face two very different types of reconciliation. On the one hand there is a need to perform a much more transaction focused, possibly daily (dependent upon volumes), reconciliation, e.g. the bank account reconciliation; on the other there is a need to verify account balances in the general ledger. So why automate you ask yourself? ... read more

Read Now: The evolution of UK Faster Payments: creating a level playing field for smaller financial institutions In a competitive world of payments modernization the evolution of UK faster payments creates a level playing field for smaller financial institutions. http://ow.ly/lHCQ50Bok4J #payments #financialinstitutions #fintech #banking... read more

As designers of a world-class enterprise system, ReconArt has always had significant focus on application security. We have purposefully integrated enterprise security best practices in the application to keep access and data secured, while simultaneously keeping configuration and management as simple as possible. read more

This Payments Podcast will focus on payment transformation and the industry’s progress towards building a digital payments ecosystem. Marcus Hughes reviews a wide range of topics, such as: 1.13: COVID’s impact on the world of payments 8.26: ISO 20022 including timetables and main advantages 18.17: Real-time & Cross-border payments 29.20:... read more

And that’s when the debate always starts: should you develop a reconciliation solution in-house, or should you buy an off-the-shelf product. Often the former appears cheaper, and sometimes even gives the appearance of being quicker or easier; however reality has proven time and time again that looks can be deceiving. So here are six great... read more

Government entities often are among the largest organizations in terms of assets managed and cash turnover. They oversee public funds and are responsible for their gathering, safekeeping, redistribution, and investment. Apart from the sheer magnitude of financial management efforts required, institutions in custody of public funds must comply with... read more

Kx for Surveillance is the world’s first integrated platform for consolidated multi-factorial detection and investigation of market abuse, financial crime and fraud. Delivered with a complete library of MAR, eComms and AML models, new models can be added and easily incorporated into the comprehensive alert, workflow and case management... read more

As the world reels from the effects of COVID-19 and the ensuing economic recession, the banking innovation agenda is reshaped once again. Here are some useful tips to help banks navigate the new world. read more

Building the Foundations of a Real-Time World Build a new future of real-time for your national payments network and see how countries around the world have or are planning to build their foundations for real-time growth. Learn the challenges and the opportunities to propel your payments network into the future and support the increased volumes... read more