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Are we entering an era of triple-entry bookkeeping?

21st March 2017

Are we entering an era of triple-entry bookkeeping?

Written by FSN writer Darryl Bannon

The humble debit and credit. came courtesy of the Italian Renaissance. As we all know it was invented as a means to record what is owed and what is due through a double entry check.

Therefore, it is somewhat poetic, that a digital renaissance within banking- Fintech, has presented us with a triple-entry paradigm.

 

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