Saturday 1st November 2025
XU Biweekly | No. 117
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Saturday 1st November 2025 | No. 117
XU Biweekly
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Intuit Launches Intuit Accountant Suite: an AI-native Platform that Drives Efficiency and Growth for Accounting Firms New AI-powered platform helps accounting firms grow and manage their clients, firms, and teams in one place, improving collaboration, productivity, and profitability
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NTUIT INC. (NASDAQ: INTU), THE GLOBAL FINANCIAL TECHNOLOGY PLATFORM THAT MAKES INTUIT TURBOTAX, CREDIT KARMA, QUICKBOOKS, AND MAILCHIMP, TODAY ANNOUNCED THE LAUNCH OF INTUIT ACCOUNTANT SUITE, A NEW AI-NATIVE PLATFORM THAT PROVIDES ACCOUNTING FIRMS WITH EVERYTHING THEY NEED TO SCALE AND MANAGE THEIR CLIENTS, FIRMS, AND TEAMS, ALL IN ONE PLACE. Intuit Accountant Suite is built for and with accounting firms. It’s backed by Intuit’s
platform and new Intuit Intelligence, a revolutionary system of intelligence, that in the hands of accountants will allow them to harness the power of Intuit’s embedded AI agents and connected data to access insights and recommendations that scale their own businesses and deliver advisory services that fuel their clients’ success. “Accounting firms play a vital role in advising their clients on key growth strategies, while managing their own complex operations,” said Simon Williams, vice president, accountant part-
nerships and engagement, Intuit. “Intuit Accountant Suite gives firms the ability to manage their clients and teams more effectively, giving them time back to deliver higher-value advisory services, and scale their own businesses.” Intuit introduced the Accountant Suite at Intuit Connect, the company’s premiere event for multi-service accounting firms. Leaders also unveiled several new innovations for mid-market and small businesses.
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BGL appoints James Luo to Executive Team
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GL CORPORATE SOLUTIONS (BGL), AUSTRALIA'S LEADING PROVIDER OF COMPANY COMPLIANCE, SELF-MANAGED SUPERANNUATION FUND (SMSF), INVESTMENT MANAGEMENT, IDENTITY VERIFICATION, AND AI-POWERED PAPER-TO-DATA SOFTWARE SOLUTIONS, IS PROUD TO ANNOUNCE THE APPOINTMENT OF JAMES LUO, HEAD OF DATA AND AI, TO OUR EXECUTIVE TEAM.
Saturday 1st November 2025
As Head of Data and AI, James has been instrumental in driving BGL’s data and artificial intelligence strategy across its award-winning product suite, including CAS 360, Simple Fund 360, Simple Invest 360, BGL SmartDocs 360, and BGLiD. “I am extremely proud of James and his contribution to BGL,” said BGL’s CEO, Daniel Tramontana. “Given the rise and prominence of AI and the importance of data across the business, the
appointment could not be more timely.” The BGL Executive Team is responsible for delivering on the strategic and operational priorities needed to achieve sustained growth across all facets of the business. With a strong focus on development, the team aims to retain, educate, and grow BGL’s people, clients, partners, and the industries in which it operates.
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Allica Bank acquires fintech Kriya in a move to deliver £1 billion of SME working capital finance by 2028 Allica Bank has today announced the acquisition of Kriya, the award-winning SME lending fintech specialising in SME working capital and embedded finance.
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HE MOVE STRENGTHENS ALLICA'S SME LENDING PROPOSITION AND SEES THE UK’S FASTEST-EVER GROWING FINTECH MOVE INTO THE EMBEDDED PAYMENTS MARKET FOR THE FIRST TIME. The two businesses are a strong strategic fit, bringing together complementary strengths across lending and payments, with a shared passion for using technology to transform the established SME market and leadership who’ve known each other for a long time. Allica is broadening its working capital and embedded finance proposition at a time when confidence among SMEs seeking funding has fallen from 56% to 31% since 2019, while only one in ten SMEs now have access to bank overdrafts or
traditional loans - the lowest recorded level since 2019. Since first opening its doors to lending in 2020, Allica’s impressive growth means its total outstanding lending to SMEs has now reached £3.5 billion. With the Kriya acquisition, Allica is targeting advancing an initial £1 billion of working capital finance to SMEs over the next three years. The acquisition accelerates Allica's drive to penetrate 10% of the established SME finance market by the end of 2028, replacing the legacy high street banks who have been in retreat from serving this important segment that makes up a third of the UK economy. Kriya is Allica's third acquisition, following the successful purchase and inte-
gration of AIB's GB SME lending customers in 2021 and bridging finance specialist Tuscan Capital in 2024. Named the UK's fastest growing company in 2024, and the fastest growing UK fintech ever in 2023, Allica is building on strong momentum. The bank became profitable within three years of launching, with its award-winning lending and current account proposition – the Business Rewards Account – gaining significant traction with established SMEs, offering no monthly fees, a named relationship manager, cashback and technology that drives faster and more flexible lending decisions.
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