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From industry insights and best practices to the latest technologies, compliance standards, and ReconArt platform updates, we bring it all to you – short and informative
The EU’s payment services framework is being rebuilt from the ground up and PSD3 and PSR compliance is high on the agenda. The operational function that sits at the center...
The FCA’s Policy Statement PS25/12 represents a material evolution in how safeguarding is expected to operate for UK payment institutions (PIs), e money institutions (EMIs), small e-money institutions and Credit unions, issuing...
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...
The Sarbanes-Oxley Act of 2002 (SOX) is a fundamental piece of US legislation which introduces enhanced financial disclosure for publicly traded companies. It imposes standards for financial reporting to protect investors from...
The UK Financial Conduct Authority (the FCA) regulates more than 50 thousand financial institutions (brokers, investment banks, custodians) which hold or control client money and custody assets or are involved...
Even without being acquainted with the craft of accountants, many have picked up stories about the gravity of the financial close. A nerve-racking event which takes place every year-end and...
GDPR: What is it all about? The European Union’s General Data Protection Regulation (GDPR) officially comes into effect on May 25, 2018. The compliance deadline which was a long time...
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...
The United Kingdom’s Financial Conduct Authority (FCA) regulation PS14/9 related to custody assets and client money has a backstop for implementation of 1 June 2015. Compliance with the rules in...
