PricewaterhouseCoopers

PwC Plans to Cut1,800 Jobs Citing Changing Market Demand 
PwC Plans to Cut1,800 Jobs Citing Changing Market Demand 
September 11, 2024  |  Personnel

Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. The layoffs, its first in 15 years, will be accompanied by a restructuring of PwC’s...

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Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
Clearco’s Original Venture Backers Purchase $60 Million SVB Loan
August 04, 2023  |  Digital-First Banking

The original venture backers of Canadian eCommerce lender Clearco are reportedly buying a loan made to the company by Silicon Valley Bank (SVB). Inovia Capital and Founders Circle Capital, joined by...

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PwC: Next Auditing Giant To Overhaul Business
PwC: Next Auditing Giant To Overhaul Business
June 06, 2019  |  B2B Payments

PricewaterhouseCoopers is the next Big Four U.K. auditing giant to overhaul operations amid growing regulatory scrutiny on the industry. PwC is reportedly planning to ramp...

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KPMG Won’t Split Accounting, Auditing Units
KPMG Won’t Split Accounting, Auditing Units
May 20, 2019  |  B2B Payments

Despite recommendations from a U.K. authority, KPMG revealed it would not split up its accounting and auditing units. However, starting on June 1, the company...

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Should Auditors Be Responsible For Catching Corporate Fraud?
Should Auditors Be Responsible For Catching Corporate Fraud?
May 09, 2019  |  B2B Payments

Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and...

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UK Changes Course On Big Four Accounting Breakup
UK Changes Course On Big Four Accounting Breakup
April 03, 2019  |  B2B Payments

The U.K. may be changing course in its efforts to break up the Big Four accountancy firms after the Competition and Markets Authority (CMA) decided...

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Small Business Employees, ‘Frenemies’ Threaten Cybersecurity
Small Business Employees, ‘Frenemies’ Threaten Cybersecurity
March 12, 2018  |  B2B Payments

Fraud experts warn it could be a business-shuttering mistake to assume an SMB is less susceptible to fraud than large enterprises. An estimated 86 percent...

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Aztec Exchange May Be Headed For Liquidation
Aztec Exchange May Be Headed For Liquidation
August 24, 2017  |  B2B Payments

A company news message at Irish invoice financing company Aztec Exchange suggests the firm is headed toward liquidation. Aztec Exchange has called for a meeting...

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Blockchain Tracker: Insurance Industry Feels Blockchain Impact
Blockchain Tracker: Insurance Industry Feels Blockchain Impact
March 17, 2017  |  Blockchain

Blockchain technology has the potential to impact nearly every industry involving money. One area in which we’ve seen innovation break through recently may come as a...

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