Payments reconciliation is a critical but often overlooked process in banking. It ensures that transactions are accurately recorded and settled in a timely manner. When reconciliation breaks occur, it can lead to financial losses and customer dissatisfaction. Strong institutions prioritize reconciliation as a core control, investing in clarity, visibility, and alignment with financial truth. Ultimately, the bank of tomorrow will be defined by its ability to reconcile payments accurately and efficiently.

Read more at Yahoo Finance: The bank of tomorrow is built on payments reconciliation