Accounting

358 articles tagged with this keyword

/wholesale

Temenos using AI for fund administration

Temenos (SIX: TEMN), the banking software company, today announced that it’s the first to launch a SaaS Explainable AI (XAI) model to help fund administrators, insurers and asset managers and custodians improve operational efficiency by leveraging static and transactional data patterns, coupled with human judgement and expertise.

/regulation

Wirecard scandal signals EU regulatory overhaul

European Union officials have suggested that there will be changes in the supervision of fintech firms in the wake of the £1.8bn accounting scandal at German payments firm Wirecard.

/retail

Intuit QuickBooks primes summer product release for Covid-19 recovery

Intuit QuickBooks, the UK’s leading financial management software, today launches a host of innovative product tools as part of its Summer Product Release to support small businesses in their recovery following COVID-19 and improve long-term resilience.

/startups

Dublin based Fintech Circit raises €1.1 million in new financing for audit confirmation platform

Circit, the innovative audit confirmation platform, has raised investment capital of €1.1 million, as it prepares the Company for significant expansion.

/retail

Coconut hits 350% of its crowdfunding target and launches a new accounting service

Coconut, the smart banking, accounting and tax tool aimed at entrepreneurs and small businesses, has raised over £2.4m in its latest crowdfund - beating its target by 350% - and has launched a new service aimed at taking the pain out of filing accounts as part of its new RBS BCR Pool E bid.

/startups

SocGen buys French neobank for entrepreneurs Shine

Societe Generale is acquiring Shine, a French neobank for entrepreneurs, in a deal rumoured to be worth around EUR100 million.

/wholesale

Rabo Frontier Ventures acquires stake in SME marketplace Ageras

Rabo Frontier Ventures is to take a stake in Ageras through the sale of its online bookkeeping app Tellow to the fast-growing SME marketplace.

/payments

H&R Block to acquire Toronto's Wave Financial

H&R Block, Inc. (NYSE: HRB) today announced that it entered into a definitive agreement to acquire Wave Financial, Inc. (“Wave”), a rapidly-growing financial solutions platform focused on changing the way small business owners manage their finances, for $405 million in cash.

/people

Amaiz hires Frankie Dowling as head of compliance

Amaiz, the new banking and bookkeeping service for small businesses owners, has appointed Francesca (Frankie) Dowling as their new Head of Compliance.

/cloud

Revolut Business integrates with Clear Books

Revolut Business, the innovative global business account built for growth, speed, ease and security, has today announced a new integration with Clear Books, the easy-to-use cloud-based accounting software for small businesses.

/cloud

DBS HK connects with SME accounting platform Financio

In an all-out effort to help SMEs with their digital transformation journey during COVID-19, DBS Hong Kong and cloud-based accounting software solution Financio, today announced a first-of-its-kind partnership in Hong Kong to transform how businesses manage their finances anytime and anywhere.

/startups

Danish platform Billy looking to transform accounting at SMEs

Danish accounting platform Billy is harnessing Open Banking to get access to SMEs’ data from banks and transform the way they perform their accounting.

/startups

ING Ventures leads £4m Countingup funding round

ING Ventures has led a £4 million financing round for Countingup, a UK startup that combines a business current account with a built-in accounting package.

/payments

Tipalti forms partnerships with FloQast, Affise and Myers-Holum

Tipalti, the leading global payables automation platform, today announced three new strategic partnerships to further modernize finance operations for startups and midsized companies.

/wholesale

Accountancy platform Bokio raises EUR7.4 million; acquires rival Red Flag

Accountancy platform Bokio has raised EUR7.4 million in equity finance and merged with Stockholm-based competitor, Red Flag.

/covid-19

250 accounting firms voice urgent need for more Government help to SMEs

Countingup and nearly 250 accountancy firms have written to the Government to appeal for gaps in coronavirus support for small businesses to be bridged.

/retail

Countingup launches coronavirus grant calculator for sole traders

Countingup, the number one banking and accounting app in the UK, has launched a free coronavirus grant calculator for sole traders, grantcalculator.co.uk.

/retail

NatWest's Mettle offers subscription-free access to FreeAgent accountancy package

NatWest's online business bank Mettle is to provide hard-pressed freelancers, sole traders and small businesses with free access to cloud-based accountancy software from FreeAgent.

/wholesale

Countingup introduces Journals for amendments to the sales ledger

Countingup, the UK’s leading banking and accounting app for SMEs, is the first business current account in the world that has both journals and financial reports built-in.

/startups

Accounting fintech Billy first in the Nordics to receive bank data sharing licence

The fintech ‘Billy’ is the first digital accounting platform in the Nordic countries to be certified by the authorities to get access to customers' banking data.