Plaid, the API-first data network powering the digital financial ecosystem, and Wise, the global technology business developing the easiest way to move money around the world, today announced an open finance agreement to give clients a frictionless way to move money between various financial institutions. According to a 2021 survey by Plaid and The Harris
It is obvious now, five years later, that those worries were unjustified. Five million open banking-driven payments were made by UK businesses and consumers in May 2022 alone. In the same month, the open banking community in the UK made a record 1 billion API calls. So, rather than being a limiting action by the
Clara, the leading Latin American tech startup that offers an end-to-end corporate spend management solution for companies in the region, announced today approved financing from Goldman Sachs for an initial $50 million with the option to upsize to $150 million. “This financing will fuel our planned regional growth and will also allow us to successfully
The moment is now for accountants to position themselves as essential in their roles during this transitory period in a world full of uncertainty, disruption, and change. according to John Edwards, the organization’s chief executive officer (IFA) Just a quarter of those surveyed (25 percent) admitted to feeling “totally confident” about their future within the
A renowned software investment firm, Thoma Bravo, has entered into a definitive agreement to purchase Ping Identity, a supplier of the Intelligent Identity solution for the enterprise, for $28.50 per share in an all-cash deal with an Enterprise Value of almost $2.8 billion. The offer is valued at about 63 percent more than Ping Identity’s
CEOs from our portfolio companies Command Alkon, Talend, and RealPage tell their stories of how investing in digital transformation revolutionized their capabilities.
Except for bankers, everyone views banks as essential evils. Simply put, these institutions are the finest we have for running entire economies and managing financial resources. But that is about to change, as we’re about to launch a brand-new monetary system that is more reliable, equitable, and most importantly, decentralized. We’re obviously referring to cryptocurrencies
Know Your Customer is an award-winning provider of digital onboarding solutions for financial institutions worldwide. We partner with regulated organizations across multiple sectors to radically simplify, improve and digitize the KYC and AML compliance process.
To boost profitability, all small firms must keep an eye on their cash flow and produce financial reports. On the other hand, it’s not always practical or wise to hire a whole accounting team. Fortunately, you can choose outsourced or online bookkeeping services to suit your needs. Finding the ideal accounting firm from the many
Accounting is the system of recording and summarizing business and financial transactions and analyzing, verifying, and reporting the results. It is the measurement, processing, and communication of financial and non-financial data of economic entities. The task is tiresome since it requires a great deal of hard work and concentration on the part of the person
Understanding the culture and adapting your business to the local context are key strategies for foreign companies looking to grow in the United States. This was one of the key messages to emerge from a recent ‘Doing business in the USA’ event co-hosted by Mazars to promote the attractiveness of the United States and provide
We’re entering an extraordinary, challenging economic environment – the likes of which many in the fintech sector won’t have experienced in their working lives before. A recession is starting to feel like an inevitability – one that will be compounded by record inflation, soaring interest rates, geopolitical unrest, and an affordability crunch that could last
