Kansas City, Missouri – April 30, 2019: Card Compliant has enhanced its derecognition accounting reports to provide detailed insight of both derecognition revenue and recapture contra-revenue for clients using Card Compliant’s OptiEarnings derecognition accounting technologies. Version one of the new reports has been released for clients with prepaid card programs using back-end fees or expiration dates. Version two will extend the detailed reports to others.
About Card Compliant:
Card Compliant provides technology driven services along with artificial intelligent technologies to address regulatory, legal and accounting compliance challenges in high data business environments. The company’s technologies apply derecognition accounting techniques to large portfolios of instruments via GAAP set by the Financial Accounting Standards Board and IFRS set by the International Accounting Standards Board. For more information visit www.cardcompliant.com.