News

Backstage: Torje Vingen Sunde

2021-08-09T08:57:38+00:009 August, 2021|Media, News|

As Sunde told CoinGeek, the admission is a big milestone for the company. He noted that one of the biggest challenges to any startup operating in the industry is regulatory uncertainty. The sandbox will eliminate most of the concerns, allowing the company to innovate while the regulator keeps a close eye and ensures it remains compliant.

Triple Entry Accounting on Blockchain

2021-06-17T12:37:20+00:0017 June, 2021|Media, News|

Abendum has created a triple entry accounting platform that drastically increases efficiency for both accountants and auditors because it creates a verifiable shared source of truth that cannot be altered while combatting the fraud around fake-invoicing that takes place in the accounting industry.

Why include more non-financial data into your accounting (ESG)

2021-05-06T11:53:46+00:006 May, 2021|Blog, News|

How & Why you should include more non-financial data into your accounting (ESG). Bookkeeping is about the business’s own narrative. The story can be told in dollars, but for ESG-reporting the story is also told in non-financial figures. A problem arises if the figures and ratings that the story is leaning on is subjective.

Norway Financial Authority selects Abendum for FinTech sandbox

2022-01-07T14:03:06+00:0030 March, 2021|Media, News|

The startup Abendum has barely existed a year and will be ready with an MVP in April. That was enough for The Financial Supervisory Authority of Norway to choose them as the only participant in pool #2 of its regulatory sandbox.

Why small businesses lose $Billions from fraud

2021-03-23T13:10:50+00:0023 March, 2021|Blog, News|

Imagine you are responsible to release funds according to invoice details. Suddenly a vendor asks why their payment is overdue. But you already paid it last week, how can this be? You come to the chilling realization that you have become a victim of a Business E-mail Compromise. 

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