Samsung BioLogics loses $6 billion in stocks dive after notice of accounting breach
( Investing.com UK) … breached an accounting rule. 005930), and its auditors of measures it could take concerning the provisional breach.
Abacus Finance Group backs Thompson Street’s acquisition of Transnet YX
( PE Hub) Abacus Finance Group LLC provided $22.5 million in senior secured credit facilities to support the ThompsonStreet Capital Partners’ buyout of Transnet YX Inc.
TIMIA Capital invests $1.5M in 7Geese
( Private Capital Journal ) The alternative financing option complements both debt and equity financing, while allowing entrepreneurs to retain control of their business. TIMIA’s target market is the fast-growing business-to-business software-as-a-service (SaaS) segment. TIMIA is managed by a seasoned investment team with a track record of .
Finastra joins Finance Innovation hub
( Asset Servicing Times) As part of its membership, Finastra expects to participate in a series of industry events and collaboration opportunities throughout this year, working together with customers and financial technology partners. Events include working groups to discuss industry developments in areas such as asset management and banking.
5 Blockchain Tips for Accounting Firms
( CPAPracticeAdvisor.com ) There has been a lot of talk about how blockchain technology will disrupt the role of accounting as we know it today. In truth, disruption has already been happening through automated accounting software and other applications that help accounting firms process data faster, run their businesses and advise their clients.
Analyzing Velti (OTCMKTS:VELTF) and BlackLine (BL)
( The Ledger Gazette) BlackLine, Inc. provides financial accounting close solutions delivered as a Software as a Service in the United States and internationally.
Kabbage Hires CTO to Lead Development of Future Data-First Solutions for Small Businesses
( PR Web) Kabbage Inc., headquartered in Atlanta, has pioneered a financial services data and technology platform to provide access to automated funding to small businesses in minutes.
Synechron launches regtech accelerator programme
( Asset Servicing Times) Each accelerator has been categorised in corresponding and regulatory themes, consisting of risk, client lifecycle management, legal and compliance, and financeand treasury.
