Accounting

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ANZ invests in fintech Aider

/startups

ANZ invests in fintech Aider

ANZ has made a strategic investment in Aider, a New Zealand fintech that helps SMEs get insights into their cash flow, staffing and accounting needs. The size of the investment was not disclosed.

/payments

Aqilla to provide expense automation for customers with Pleo

Fintech scale-up Pleo, which offers a simplified expense management tool and smart credit cards, has announced a partnership with cloud-based accounting software firm Aqilla.

/Accounting

Starling Bank business customers get PayStream accounting platform integration

PayStream online accounting software is designed with contractors in mind. It is available directly through the Starling Marketplace, the in-app space where customers can connect to third-party products and services.

/Accounting

Codat becomes Microsoft partner

Codat – a London-based technology company that connects the internal systems of small businesses to banks, fintechs and other financial institutions, allowing business data to flow back and forth in real time – has announced it has become a Microsoft partner.

BlackLine buys Rimilia to add AI-powered accounts receivable automation to platform

/cloud

BlackLine buys Rimilia to add AI-powered accounts receivable automation to platform

Accounting automation software provider BlackLine has acquired AI-powered accounts receivable outfit Rimilia for $150 million in cash.

/regulation

Profile Software upgrades RiskAvert

Profile Software, an international financial solutions provider, announced today the release of the new updated version of RiskAvert 3.0, in order to accommodate the increasing needs of the industry in the area of Capital Adequacy and Risk regulatory framework.

/wealth

SIX unveils tax tool for wealth managers

SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.

EY: Sustainable goals in finance won’t be met with traditional behaviours

/sustainable

EY: Sustainable goals in finance won’t be met with traditional behaviours

Financial services firms must evolve their mindsets to both manage risk effectively and to ensure that the industry meets sustainable goals, according to Sandy Trust, sustainable finance consulting lead at EY and deputy chair of the IFOA’s Sustainability Board.

/wholesale

TrustQuay completes four new tech deals

TrustQuay, the leading technology provider to the corporate services, trust and fund administration markets, has today announced the signing of 4 new agreements with clients in Switzerland, Cyprus and Mauritius, as new research shows the majority of the industry expects the impact of COVID-19 to be short term.

Coalition of UK banks launched to standardise carbon accounting

/sustainable

Coalition of UK banks launched to standardise carbon accounting

The Partnership for Carbon Accounting Financials (PCAF) is launching a coalition aimed at the promotion of measuring and disclosing carbon emissions in the UK financial services industry.

Fintech bids for Wirecard's Aus and NZ businesses

/crime

Fintech bids for Wirecard's Aus and NZ businesses

The break-up of the various international businesses of disgraced payments processing company Wirecard continues after it emerged that Australian payments firm Change Financial is set to buy its Australian and New Zealand businesses for $7.8m.

/payments

Form3, PPS and Countingup combine for cloud-based SME banking model

Form3, the leading cloud-native payment technology provider for banks and regulated fintechs is working with the UK’s fastest growing all-in-one payments and accounting solution - Countingup and its long-term banking technology, issuing and processing partner, PPS to tackle the ongoing challenges of running a business for SMEs.

/Accounting

TD enters into North American data-access agreement with Intuit

TD Bank Group (TD) today announced a new data-access agreement with Intuit, maker of TurboTax, QuickBooks and Mint, which lays the groundwork for customers to request that TD transfers their financial data for services they want to use, including personal financial management apps supported by Intuit.

/payments

Brex links with SAP Concur and Xero

Brex, the company reimagining financial systems for growing businesses, today announced a new partnership with SAP Concur allowing Brex customers to automatically update and reconcile their corporate card expenses with Concur Expense.

/Accounting

Metro Bank forms accounting partnership with Clear Books

Today, Clear Books and Metro Bank are launching a new partnership, offering easy accounting software with free bank feeds and exclusive discounts to Metro Bank small business customers.

/retail

Fiserv collaborates with LeaseQuery

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, is enabling financial institutions to advance their lease accounting processes and address industry standards through a new agreement with LeaseQuery.

/payments

TD Bank launches integrated payment and accounting offering for SMEs

TD Bank, America's Most Convenient Bank®, today announced that it is launching TD Online Accounting to provide a convenient, integrated payment and accounting experience for its small and closely held business customers to conduct banking and bookkeeping activities through TD's Small Business Online Banking platform.

BMO builds API portal for QuickBooks data sharing

/retail

BMO builds API portal for QuickBooks data sharing

The Bank of Montreal (BMO) has developed an API portal to let small business customers easily share their data with Intuit's QuickBooks accounting software.

/wholesale

FreeAgent integrates with NatWest’s Online Banking

Cloud based accountancy software provider FreeAgent has launched a series of improvements that will allow its customers to oversee, plan and protect their business with more than ease than ever before.

/Accounting

Rabo Ventures joins €12 mill round in SME accounting vendor Candis

CANDIS, the platform for automated accounting and payment processes, raised €12M in a financing round led by Viola Ventures and Rabo Frontier Ventures, the investment arm of Rabobank. Existing investors Lightspeed Venture Partners, Point Nine Capital, Speedinvest, the main incubator of Commerzbank and 42CAP also participated.

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