Latest Accounting News: Finextra Research

PayPal launches Business in a Box service for SMBs

PayPal has unveiled a new service, called Business in a Box, which brings together a host of tools designed to help small firms start and run their online operations.

01 May 2017

News/Accounting

ABN Amro pilots 'touchfree' accounting platform for SMEs

ABN Amro is working with startup InvoiceSharing to pilot a "touchfree" automated accounting system for small and medium-sized enterprises.

10 February 2017

News/Accounting

Police arrest Sage staffer over data breach

Police have arrested a Sage employee in connection with a data breach at the accounting and payroll software provider that may have compromised the bank account details of employees at 230 UK companies.

18 August 2016

News/Accounting

Japan's SBI Holdings looks to raise $275m for fintech fund

Japanese financial conglomerate SBI Holdings has set its stall out as a central player in the fintech ecosystem, promising to aggressively adopt new technology and build a network of startups through a $275 million venture fund.

12 May 2016

News/Accounting

India's Paytm enlists Wipro for payments bank tech platform

Indian mobile commerce network Paytm has enlisted Wipro to help it build the technology platform for its forthcoming payments bank business.

02 May 2016

News/Accounting

Canada's D+H agrees $1.25bn Fundtech acquisition

Canadian financial technology firm D+H is to buy transaction banking vendor Fundtech for $1.25 billion in cash, subject to regulatory approvals.

31 March 2015

News/Accounting

Square integrates with Intuit QuickBooks

Intuit has moved to make it easier for small businesses to import their transactions from Square point-of-sale products into its QuickBooks accounting software.

25 September 2013

News/Accounting

Ribbit Capital raises $100m for financial innovation fund

Ribbit Capital, a new Silicon Valley-based venture capital fund focused purely on investing in innovative, tech-led financial services firms, has launched after closing its own $100 million fund.

23 January 2013

News/Accounting

DoJ probes Autonomy accounting claims

Hewlett-Packard says that the US Department of Justice is investigating its allegations of accounting fraud at Autonomy, the UK software house it acquired in 2011.

02 January 2013

News/Accounting

Cloud-based payments start-up targeting SMBs launches

MineralTree, a US start-up providing cloud-based payment services specifically designed for small and medium businesses, has formally launched after securing $1.5 million in funding.

10 November 2011

News/Accounting

Diebold pays $25m over accounting fraud charges

ATM manufacturer Diebold has agreed to pay $25 million to settle Securities and Exchange Commission charges of fraudulent accounting designed to inflate earnings.

03 June 2010

News/Accounting

Calypso signs Denmark's Bankernes EDB Central

Bankernes EDB Central (BEC), an IT provider owned by a consortium of Danish banks, has signed for trading and risk management technology from Calypso.

30 April 2009

News/Accounting

Finextra launches Innovation Showcase

Finextra has launched the Innovation Showcase, a new feature on Finextra.com highlighting the most innovative financial technology developments over the past 12 months. Across a broad range of categories it showcases technologies that demonstrate uniqueness and impact, clever ways of solving a problem and projects at the leading edge of new industry trends.

11 February 2009

News/Accounting

Northern Trust chooses Bravura platform for move into Australia

US custodian Northern Trust has selected technology from Bravura Solutions to support its move into the Australian superannuation investment accounting market.

19 December 2008

News/Accounting

Australia's GBST to acquire Coexis

Australian financial software house GBST is to acquire London-based securities tech firm Coexis. Financial terms of the deal were not disclosed.

05 November 2008

News/Accounting

Citibank chairman tells Sibos: "The worst may be yet to come"

On the day that the investment banking industry lurched closer to disaster following announcements from Wall Street, Bill Rhodes, Citibank chairman, told Sibos delegates that the worst could be yet to come, adding that "we are currently in the eye of the storm".

15 September 2008

News/Accounting

Nyse Euronext introduces online valuation service

Nyse Euronext has launched Prime Source, a Web-based service that enables asset managers to access resources for the daily valuation of large, global portfolios of complex structured products and illiquid securities.

19 February 2008

News/Accounting

Advent Software reports Bear Stearns deal

US investment bank Bear Stearns is rolling out Advent Software's portfolio management and fund accounting platform Geneva across its prime brokerage operations.

06 February 2008

News/Accounting

Deutsche Bank acquires hedge fund administrator HedgeWorks

Deutsche Bank has acquired HegeWorks, a California-based provider of hedge fund administration services. Financial terms of the deal were not disclosed.

01 February 2008

News/Accounting

Germany's Helaba signs for SimCorp Dimension

Danish fintech vendor SimCorp has signed Germany's Landesbank Hessen-Thüringen Girozentrale (Helaba) to its investment management platform, Dimension.

08 January 2008