Articles with tag: accounting

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Form3, PPS, Countingup partner for UK SME banking

04 Sep 2020 | Payments General

Cloud-based payment technology provider Form3 has partnered with UK-based payments and accounting solution Countingup and PPS to help SMEs. 

Form3, PPS, Countingup, UK, SME, Banking, business current accounts, BCA, banks, accounting software, payment technology, cloud, payments, UK Faster Payments, Mastercard, FCA

Apex, Calypso to provide middle and back-office services to Ardent Financial

03 Sep 2020 | Payments General

Apex Group has been appointed to provide front to back office solutions to FCA regulated global securities dealer Ardent Financial using Calypso management and reporting platform.

Apex, Calypso, Ardent Financial, accounting, Apex360 solution, reporting, wealth management, custody services

Nearly 1 in 4 female-owned businesses remain closed post lockdown in the UK, iwoca study shows

27 Aug 2020 | Payments General

Women business owners could be making even greater sacrifices than their male counterparts in 2020 as they contend with challenges from the pandemic, a new survey of small business owners has found.

small business, SMEs, lending, accounting, iwoca, UK economy, study, business loans

Deutsche Boerse removes Wirecard from DAX index

21 Aug 2020 | Payments General

Deutsche Boerse has announced that Delivery Hero will replace insolvent Wirecard on Germany's blue-chip DAX index, after an accounting scandal that toppled the fintech company.

Germany, Wirecard scandal, accounting fraud, fintech, payments, index, DAX, Deutsche Boerse, Delivery Hero

Fiserv, LeaseQuery partner to enable FIs to improve lease accounting

20 Aug 2020 | E-invoicing, SCF & E-procurement

PSP Fiserv has partnered with LeaseQuery to enabling financial institutions to advance their lease accounting processes and address industry standards.

Fiserv, LeaseQuery, partnership, FIs, financial institutions, lease accounting, Prologue Financials, accounting software, software, Financial Accounting Standards Board, FASB, retail branches, lease liabilities, cloud, automation, user interface, PSP, payment service provider

Fractal, untied to use Pool E money from BCR Capabilities and Innovation fund

19 Aug 2020 | Payments General

SMART (SMEs Manage Accounts Receivables and Tax) solution from Fractal and untied has won GBP 2.5 million Pool E bid for the Banking Competition Remedies (BCR) Capability and Innovation fund.

SMART, accounting, SMEs Manage Accounts Receivables and Tax, Fractal, united, Banking Competition Remedies, banking fintech, SMEs, tax, accounting, mobile app

TD Bank launches TD Online Accounting

18 Aug 2020 | E-invoicing, SCF & E-procurement

US-based TD Bank has announced it is launching TD Online Accounting to provide an integrated payment and accounting experience for its small business customers.

TD Bank, banks, online, TD Online Accounting, payments, US, technology, Autobooks, credit cards, cards, electronic payments, digital, onboarding, digital onboarding, invoicing

Intuit, Bank of Montreal include QuickBooks software in bank's API portal

17 Aug 2020 | E-invoicing, SCF & E-procurement

The Bank of Montreal (BMO) has created an API portal to allow small business clients to share their data with Intuit’s QuickBooks accounting software suite.

Bank of Montreal, BMO, Intuit, QuickBooks, QuickBooks Online, accounting software, API, API portal, small businesses, financial data, online banking, applications, cloud, business payments, bill payments, bill management, payroll, financial information, consent, ownership

Liquidity Capital, MUFG secure USD 80 mln initiative for Asia-based startups

11 Aug 2020 | Payments General

Israel-based AI technology firm Liquidity Capital has partnered with Japan-based MUFG Bank to determine the feasibility of issuing loans to Asian startups.

Liquidity Capital, MUFG Bank, initiative, Asia, startups, Singapore, Israel, Japan, Mars Growth Capital, Mars Growth, AI technology, bank accounts, accounting information, financing, ecommerce, Mitsubishi UFJ Financial Group, Meitav Dash Investments

Center reveals Credit Card Programme and QuickBooks Online Connector

30 Jul 2020 | Cards

Center has unveiled two new product offerings: the Center Corporate Credit Card powered by Mastercard and the QuickBooks Online Connector. 

Center, accounting, accuracy, launch, credit card, QuickBooks, integration, audit, payments, cards, transfers, fraud monitoring

Former Wirecard CEO rearrested as prosecutors suspect USD 3.7 bln fraud

23 Jul 2020 | Digital Identity, Security & Online Fraud

Markus Braun, former chief executive officer of Wirecard, has been rearrested in Munich, prosecutors said on July 22, 2020.

accounting fraud, commercial fraud, Wirecard, Wirecard scandal, Germany, fraud prevention

Morgan Stanley to share its climate impact

21 Jul 2020 | Online & Mobile Banking

US-based bank Morgan Stanley has announced plans to publicly disclose how much its loans and investments contribute to climate change.

Morgan Stanley, US, United States, bank, loans, investments, climate change, climate impact, financial regulators, fossil fuels, government policies, greenhouse gas emissions, Partnership for Carbon Accounting Financials, financial company, financial institutions

American Express rolls out Automated Accounts Payable solution

15 Jul 2020 | E-invoicing, SCF & E-procurement

American Express has launched American Express One AP, the company’s first proprietary automated accounts payable (AP) solution, according to the official press release.

American Express, American Express One AP, accounting, invoicing, US, digitalisation, accounts payable, product launch, pandemic, digital payments, virtual card payments, check, ACH

AEP teams up with SIA to allow payments with contactless cards at subways and bus lines

13 Jul 2020 | Online Payments

AEP, an Italy-based company in the field of electronic ticketing systems and devices for public transport, has teamed up with SIA, a hi-tech company in the payment services and infrastructures sector controlled by CDP Equity. 

AEP, partnership, SIA, payments, contactless cards, subways, bus lines, digital platform, credit cards, debit cards, management, authorisation, accounting, payment transactions

International investors bought bonds backed by the Italian mafia, FT reports

08 Jul 2020 | Digital Identity, Security & Online Fraud

Investors around the globe have been buying bonds backed by Ndrangheta, a popular mafia in Italy, for four years, according to financial and legal documents seen by the Financial Times.

Banca Generali, Ndrangheta, Investors, bonds, Italy, Financial times, due diligence, auditing, accounting, Ndrangheta

Britain's accounting watchdog demands Big Four to ring fence auditing

06 Jul 2020 | Payments General

Britain’s accounting watchdog has advised PwC, Deloitte, KPMG, and EY to ring fence auditing as a separate business by June 2024 to improve the quality of auditing.

PwC, Deloitte, KPMG, EY, auditing, accounting, Carillion, UK, financial services, banking

Unifiedpost Group expands business platform Billtobox with payments tool

01 Jul 2020 | Payments General

Belgium-based fintech Unifiedpost Group has announced it is enabling SMEs using their Billtobox platform to start paying and receiving payments within the platform. 

UnifiedPost, Billtobox platform, payments, SME payments, B2B payments, digital document archives, invoicing, accounting processes, Belgium, Europe

Wirecard files for insolvency after ex-CEO was arrested in EUR 1.9 bln scandal

26 Jun 2020 | Digital Identity, Security & Online Fraud

Wirecard has filed for insolvency, just days after a EUR 1.9 billion accounting scandal at the company was unveiled, thus leading to the arrest of its former chief executive.

Wirecard, insolvency, accounting scandal, Markus Braun, shares, fraud, fake transactions

Rabo Frontier Ventures teams up with online marketplace Ageras

25 Jun 2020 | Payments General

Rabo Frontier Ventures (RFV), the strategic investment fund of Rabobank, has partnered with online marketplace Ageras

Ageras Group, RFV, Tellow, startup, Rabobank, online marketplace, accounting tool, freelancers, SMEs, microbusinesses, SME financing market, lending market, digital channels

Yolt Technology Services, Jortt to implement accounting offerings API

16 Jun 2020 | Online & Mobile Banking

Netherlands-based open banking provider Yolt Technology Services (YTS) has partnered with accounting software provider Jortt to introduce API technology in the latter’s services. 

Yolt Technology Services, YTS, Yolt, Jortt, account offerings, API, open banking, accounting software, PSD2, transactions, SME, MT-940, CSV, banks, Netherlands