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The ability to cut reconciliation time from 40 hours to just four is not hypothetical any more. Credit unions are using AI‑enhanced automation to strengthen NCUA compliance while improving member service quality. With advanced reconciliation solutions like...
Feb / 18 / 2026
Jan / 30 / 2026
What is fuzzy matching and how does it work? Fuzzy matching algorithms work by comparing strings of characters and determining their similarity. The acceptable deviation from a perfect match is configurable and those predetermined threshold quantify the tolerance...
Dec / 11 / 2025
The financial industry is undergoing a fundamental transformation driven by the adoption ISO 20022 – the universal financial industry message scheme - on an international scale. What is ISO 20022? ISO 20022 is an open global standard for...
Oct / 28 / 2025
ARLINGTON, VA – October 28, 2025 – Latino Community Credit Union (LCCU), a community-based financial institution serving over 140,000 members across North Carolina, has selected ReconArt, a...
Sep / 18 / 2025
AI reconciliation is anticipated to change profoundly the way we match transactions and reconcile accounts at period end. Moreover, change is evident in they way get trained in new reconciliation tools and in the approach to learning and retaining process...
Mar / 25 / 2025
Account certification revisits balance sheet accounts at period-end and confirms the balances in a standardized manner. The process underpins accurate and transparent financial reporting. Errors in financial statements can lead to regulatory penalties,...
Jan / 6 / 2025
Managing financial reconciliation across different function and departments can be a challenging process for organizations of any size. Navigating workflows, handling supporting documentation, and integrating data from various sources demands a...
Nov / 15 / 2024
ReconArt stands for balanced and integrity-driven approach to AI to bring real value in its reconciliation solutions without magic promises Since its inception, ReconArt has been at the forefront of new technology research to the benefit of the reconciliation...
Sep / 8 / 2024
Alexandria, VA – September 9, 2024 – ReconArt, a leading provider of financial reconciliation software, is excited to announce the introduction of ReconArt AI Assistant, a new feature designed to revolutionize the way users create and optimize rules...
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