Accounting

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Coconut joins RBS bail out queue

/startups

Coconut joins RBS bail out queue

Current account and bookkeeping app Coconut is the latest fintech startup to apply for a slice of the RBS bail out fund, eyeing up a £25 million prize from Pool D of the Competition Remedies Fund.

/wholesale

Canada Life picks Temenos to support UK life and pension funds accounting

Temenos (SIX: TEMN), the banking software company, today announced that Canada Life has selected the Multifonds Global Accounting platform to support its UK investment accounting operations.

MineralTree raises $50m

/Accounting

MineralTree raises $50m

US accounts payable and payment automation technology provider MineralTree has raised $50 million in a funding round led by Great Hill Partners and joined by existing investors .406 Ventures and Eight Roads Ventures.

/wholesale

World Bank signs for SimCorp Dimension

SimCorp, a leading provider of investment management solutions and services to the global financial services industry, announces that it has signed a license agreement with The World Bank for use of SimCorp’s investment management system, SimCorp Dimension.

Wave buys SME biz account and card provider Every

/startups

Wave buys SME biz account and card provider Every

Wave, a Toronto-based startup offering products and services to small businesses, has acquired Every, which provides business accounts and debit cards to SMEs. Financial terms were not disclosed.

/Accounting

Capitalise secures £3.5 million investment

Capitalise.com, the FCA regulated financial marketplace for accountants today announces a £3.5m Series A investment round.

/Accounting

PrePay Solutions powers Countingup app

PrePay Solutions (PPS), subsidiary of Edenred the world’s leading corporate payments organisation, is supporting Countingup to become the first mobile bank in the UK to offer invoicing and expense tools.

/Accounting

FreeAgent to offer accounting software feed through Open Banking

Innovative fintech company FreeAgent has become the first UK accounting software to offer direct bank feeds via the Open Banking platform - giving customers even greater security and visibility over their business finances.

/payments

Yooz arrives in the UK

Yooz, an international provider of intelligent P2P software, today announces the launch of its automated, cloud-based accounts payable (AP) solution in the UK.

Wirecard rebutts allegations of internal fraud after share price plunge

/Accounting

Wirecard rebutts allegations of internal fraud after share price plunge

German payments enabler Wirecard has hit back at allegations in the Financial Times of false accounting at the company, a claim which resulted in a 25% plunge in the company's share price.

/payments

Cbus Super selects Valta accounts payable platform

One of Australia’s largest super funds, Cbus Super (Cbus), has chosen financial process automation experts, Valta Technology Group (Valtatech), to implement, integrate and manage a Source to Pay solution to drive automation across its accounts payable, financial and procurement process functions.

/startups

Coconut launches limited company current accounts and invoicing product

Coconut, the current account combining banking and accounting, today launches its new limited company current accounts and invoicing tool.

/Accounting

Xero scores API integration deals with OCBC and Nets

Xero, the global small business platform, today announced API-driven integrations with OCBC, NETS and Alternative Lenders at the Xero Roadshow Asia, driving business transformations by first revolutionising cash flow management for small businesses.

/retail

Expenses app Soldo integrates with Xero

Soldo, the multi-user business expense account, today launches a next-generation integration with Xero.

/Accounting

Validis launches DataShare for SMB lending

Validis, a pioneer of financial data sharing and standardization technology, has launched its DataShare product line, which features a suite of APIs (DataShare APIs) and an online portal to view the data (DataShare View).

/Accounting

Bank of Beirut implements Wolters Kluwer’s IFRS 9 platform

Bank of Beirut has implemented Wolters Kluwer’s OneSumX to provide its software for managing International Financial Reporting Standard (IFRS) 9.

/Accounting

Rhipe partners with KPMG, Microsoft and Commonwealth Bank as first distributor of Wiise

Asia Pacific’s leading cloud licensing aggregator rhipe (ASX:RHP) has become the first distributor of Wiise in Australia, a cloud business management software created by KPMG, built on Microsoft and supported by Commonwealth Bank (CBA).

/payments

NatWest Markets makes FXmicropay available on SAP Commerce Cloud

NatWest Markets is announcing today its release of a SAP premium certified commercial plug-in for SAP Commerce Cloud (previously SAP® Hybris®) – a market-leading B2C and B2B ecommerce platform used by many of the world’s well-known brands.

/Accounting

TransferMate integrates with AccountsIQ software

TransferMate Global Payments, the global B2B payments technology company partly owned by AIB and ING Group, has partnered with AccountsIQ to offer its customers a new way to access preferential FX rates for payments, saving them time and money with an automated solution within the AccountsIQ finance system.

/Accounting

Aus business bank Tyro hooks up to Xero

Tyro, Australia’s business-only bank, announced two major advancements to its EFTPOS and Bank Account offerings – Flexible Same-Day Settlement and payroll integration through Xero accounting software.

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