Accounting

125 articles tagged with this keyword

/Accounting

New Zealand backs salaries paid in cryptocurrencies

New Zealand based companies can now legally pay their employees in cryptocurrency, establishing the controversial asset class as a mainstream form of payment.

/devops

How community banks and credit unions are leveraging open APIs

There are a staggering 10,000 community banks and credit unions in North America, which together spend $5.5 billion on technology every year. This technology spend is intended to power digital transformation, the retention and growth of accounts, resources for lending or mortgages and to drive revenue.

/cloud

RBC buys accounts payable specialist WayPay

Royal Bank of Canada (RBC) has acquired WayPay, a local startup that provides businesses with cloud-based accounts payable automation technology. Financial terms were not disclosed.

/Accounting

UK fintech Soldo raises €54m for Dublin move

A London-based startup that has migrated most of its operations to Ireland ahead of a possible Brexit has raised €54m to help funds its relocation.

/startups

Amaiz launches biz banking app for UK 'solopreneurs'

UK startup Amaiz has launched an app-based specialist banking service for freelancers, gig workers, entrepreneurs and contractors.

/Accounting

China and India lead global fintech services adoption

Fintech is mainstream, according to a global survey from EY which finds that financial technology services are used by the majority of people in India, China and the UK, although are considerably less popular in the US, France and Japan.

/Accounting

Holvi to launch across Europe

Holvi, the BBVA-backed small business current account for entrepreneurs and small businesses, is planning to launch in Ireland, Italy, Belgium, France and the Netherlands, following 60% year-on-year growth from 2017 to 2018

/Accounting

Metro Bank faces shareholder revolt

Shareholders in Metro Bank have been advised to reject the British retail bank's latest remuneration report and abstain in the vote of its directors amid ongoing concerns over accounting practices.

/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.

/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.

/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

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.

/Accounting

Rabobank spins off Moonshot book-keeping app Tellow

Rabobank is spinning off Tellow, its book-keeping tool for the self-employed in the Netherlands.

/Accounting

Sage CEO steps down amid cloud problems

Accounting software firm Sage has parted company with its chief executive following problems encountered in the migration of its service to the cloud

/Accounting

Sageworks bought by PE firm Accel-KKR

Sageworks, an old-school fintech that provides lending, credit risk and portfolio risk technology to US financial institutions, has been acquired by private equity firm Accel-KKR. Financial terms were not disclosed.

/Accounting

CBA, Microsoft and KPMG team on SME business management platform

Commonwealth Bank of Australia has teamed up with Microsoft and KPMG to launch a business management platform for SMEs.

/Accounting

Countingup launches small biz bank account with built-in accountancy tools

Countingup, a UK startup that combines a business current account with a built-in accounting package, has emerged from beta.

/Accounting

ING introduces Receipts & Invoices app for SMEs

ING has built a 'digital shoebox' app that lets small business clients use their phone cameras to scan receipts and bills, then link them directly to transactions.

/Accounting

The missing link between Revolut and Xero? Countingup raises £750,000

Countingup, a UK startup that combines a B2B banking app with a built-in accounting package, has raised £750,000 in seed funding.

/Accounting

RBC integrates financial management platform with online banking for SME clients

Royal Bank of Canada has teamed up with Wave to integrate invoicing, accounting and financial insights into its online business banking platform.