Mar / 22 / 2023
Trust and transparency: the challenges around reconciliation of cryptocurrency transactions
How cryptocurrency works
The famous Bitcoin (and cryptocurrency, for that matter) definition ascribed to John Oliver says: “Everything you don’t understand about money, combined with everything you don’t know about computers.”
The prolific rise in interest in the world of cryptocurrencies and digital assets have changed the way consumers ...
read moreJul / 29 / 2022
CASS compliance needs automated reconciliations
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 in debt management. Each of them must make sure to comply with the FCA Client Asset ...
read moreJul / 30 / 2015
Challenges of Reconciliation for Payments Businesses
We are all familiar with reconciling outgoing payments against our bank accounts. That is simple enough. For the most part these are expenses. You know who the recipient is and you know why the payment is due.
On the other hand, ...
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