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'For a very small number of our business customers, who have legacy agreements with us, we are making the change from free banking to a new form of account,' she said.
The new management team for Merrill's brokerage operation is considering whether to offer a simpler form of account aggregation, through an Internet-based service like Yodlee's, to all of its customers, according to people at the firm.
"Our current form of account restriction, the shadowban, is great for dealing with bots/spam rings, but woefully inadequate for real human beings.
Only one in five Africans have any form of account at a formal financial institution; the poor, rural dwellers and women face the greatest disadvantage.
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Gap has used an aggressive form of accounting that could worsen its earnings shortfall in the coming year, analysts say.
If investors accepted this fantastical form of accounting, all sorts of companies would be worth billions more, too.
Johannesburg's stock exchange is currently "considering what form of accounting standard is needed from listed companies".
When it was first signed, Enron relied on a form of accounting known as mark-to-market, which allowed it to book immediate earnings of $50 million.
Only through a form of accounting that included non-economic benefits, and risks, could companies actually explain to their shareholders what their data was really worth.
I originally designed this form of accounting now being adopted by the OECD, but so far it has been used only for tax returns and not for public disclosure.
The Securities and Exchange Commission requires that companies that sell securities in the public markets follow GAAP, but all others can use any form of accounting that the company and its creditors find acceptable.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com