31 July 2008 Company Announcements

 

Internet payments provider Ivobank goes live on TLM Reconciliations

Ivobank, a new UK-regulated internet bank, has gone live on SmartStream's TLM Reconciliations. Ivobank is a new online bank, based in London, specialising in payments and money transfer services for businesses and customers. In order to launch, the bank needed a solution to reconcile cash entries on its general ledger against the settlement bank account and the corresponding payment agent and chose TLM Reconciliations for this purpose.