New bank for SMBs integrates banking & accounting

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Bizner, which started in February as an online bank for entrepreneurs, just announced a new service. Bizner is the first bank in Europe to offer complete integration of banking and accounting, which it calls BizBalance. The aim of this financial hybrid is to save customers the time and hassle of booking transactions twice. Bizner developed BizBalance with Reeleezee, which creates of online accounting applications. By integrating Reeleezee's bookkeeping software with Bizner's online banking, entrepreneurs (or their accountants) no longer need to book outgoing invoices and incoming payments separately. Invoices are created in Reeleezee, and are automatically marked as paid as…

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