The Practical Guide to ISO 20022
AccessPay’s Practical Guide to ISO 20022 is the most comprehensive guide available to help you......
Security & Control
Standardise your banking operations to improve process controls, protect your financial data and ensure ongoing compliance
Without AccessPay, we’d have to revert to old manual processes, and we wouldn’t have the oversight of our cash we enjoy now. The platform has transformed the way we work for the better.
Warren Hyde, Treasury Operations Manager, Sainsburys Bank
Eliminate People Risk
Firms need to account for a range of outcomes that can occur from ‘people risk’, and these can easily spiral out of control. Such risks include:
- An influx in demand for finance team resource
- Staff unavailability
- Security breaches
- Banking portal downtime
By automating these processes the number of risk considerations that can directly impact business continuity is greatly reduced. This also streamlines your payment controls.
Digitising these processes can guarantee a controlled structure for the validation and authorisation of payments. With modern emerging financial technologies like AccessPay available, manual intervention is outdated and unnecessary.
Ensure You’re Always Audit Ready
Having accurate financial data and appropriate controls in place to safeguard financial data is a common form of compliance, particularly for corporates undergoing sox and financial statement audits.
AccessPay provides a range of audit tools across its payments and cash management solutions to support audit and compliance requirements.
These include searchable transaction databases, activity logs and a range of automated reports which can support your next audit.
Reduce Process Oversight With Extensive Payment Controls
We offer a range of tools dedicated to helping you implement standardised payment processes across your organisation.
Customisable approval workflows, role-based permissions and secure login protocols help establish clear segregation of duties.
A range of tools are also available to protect your transaction data and identify potential issues with your payment runs before submission.
More About Payment ControlsAutomate Data Flows to Reduce Risk
Removing manual tasks from your payments and reconciliation processes is one of the biggest changes you can make to ensure your transaction data remains both accurate and secure.
Reducing reliance on online banking portals by securely automating simple data entry and formatting tasks means exposure to risks like fraud, data breaches and errors are significantly reduced.
Work With A Trusted Vendor
AccessPay is a true cloud organisation which leverages the power of the internet to ensure resiliency in our business processes. Critical infrastructure is housed in data centers with managed services to ensure maximum availability.
We employ dedicated Information Security Operations and compliance teams to ensure we operate in line with industry standards and regulations, including:
- Bacs Approved Vendor Status
- SWIFT compatible application status and compliance with the SWIFT Customer Security Programme
- FCA Compliance
- ISO27002, BSI certification and compliance with data privacy regulations ensure accepted vendor status to manage host-to-host connections with top-tier banks
For more information on AccessPay’s security and compliance please get in touch.
Resources and Blogs
A finance leader’s guide to combatting Authorised Push Payment (APP) fraud
Combating APP fraud requires a multi-layered approach which combines technological solutions, enhanc......
