Fast and Accurate Reconciliation for Banks and Fintechs
Never lose a single penny with our automated reconciliation engine.
Automatically Reconcile DDAs, FBOs, GLs, and Merchant Payouts.
Reconcile All Transactions Between Networks, Banks, Cores, and Processors with ReconSeer
ReconSeer reconciles all transactions for multiple card programs, ACH, and all other transactions at an unprecedented speed. It handles all file formats and provides a vast offering of reports, all of which are accessed through a convenient dashboard.
Powerful Reconcilation Software
ReconSeer is a rule-based engine that oversees the reconciliation of cards and accounts at unprecedented speeds, ensuring financial accuracy data and effective money management. The DataSeers powerful reconciliation software for banks, payments companies, and Credit Unions balances accounts to the penny and moves money automatically with NACHA files. We provide Revenue Calculations. We can ensure your interchange is paid out correctly by loading interchange tables. By providing Money Movement files/messages, we can ensure money moves properly across different accounts automatically.
3-Way Reconciliation
Account Exception Reports
MasterCard QMR
Visa QoC
QMR and QoC reporting
Transaction Matching
Revenue calculations
Automated Money Movement
Billing and Financial Reports
Call Reporting
Never Miss A Cent
ReconSeer is responsible for reconciling over $50 billion in payments spanning across several billion transactions (as of 2020). The DataSeers fast, accurate, and easy-to-use solution is powering some of the largest money movers in the world. CFOs can expect from ReconSeer the industry’s highest level of to-the-penny reconciliation.
- Visa Network Files (VSS)
- Mastercard network files (EBCDIC)
- ACH Files
- Wire Files/Messages
- RTP/FedNow Messages (20022)
- Bank/Core Files (BAI2)
- Processor files from 50+ processors such as Galileo, Marqeta, FIS, Fiserv, i2c, etc.
FBO & DDA Recon
Is your processor telling you the correct information?
Our DDA recon ensures that the money in a customer’s account is properly reconciled. Whether you have one account or 100 million accounts, ReconSeer will sift through data at scale and provide you with crisp reporting outlining exceptions, if any.
Is your FBO account reconciled?
We have found issues in the industry where FBO accounts go out of balance due to complexity in payments and settlement times. ReconSeer can balance your FBO balances and provide daily reporting that guarantees FBO balancing.
Network Recon
Can you reconcile to your networks?
- Mastercard
- VISA
- Pulse
- Greendot, etc.
ReconSeer ingests native network files and provides a transaction-by-transaction matching to provide proper reconciliation to network payments.
GL Recon
How do you reconcile your GL accounts?
Most GL recons require proper mapping and debits and credits to the correct accounts. Fintechs move money fast and in unique ways. ReconSeer automates your GL Recon and keeps it accurate, so you never have to make a single recon entry manually! No more journal entries!
