As payment volumes and the adoption of instant payments grow, the traditional, batch-based reconciliation processes are no longer enough. In his latest article for BAI Banking Strategies by ProSight Financial Association, Michael Meeks, CTO of BHMI, explores how real-time, transaction-level reconciliation is essential for operational efficiency, compliance, and customer trust. He also unpacks how high-profile events—like the Synapse Financial Technologies collapse—underscore the critical nature of timely and accurate reconciliation.
Industry experts weigh in:
- Eric Grover, Principal of Intrepid Ventures, shares how automated reconciliation tools are saving millions and freeing teams to focus on strategy.
- Kimberly Teague-Tibbetts, from Endava, emphasizes the role of real-time accuracy in building trust and improving customer experience.
Read the full article to see why real-time reconciliation isn’t just a technical upgrade—it’s a strategic imperative.
