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Trade Finance, Early Wage Access Take B2B VC Lead

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million in combined funding, B2B FinTechs remain resilient in today’s current market. Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery.

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Blockchain Makes Headway Into Shipping Logistics

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Among the participants, alphabetically, are carriers CMA CGM, COSCO SHIPPING Lines, Evergreen Marine, OOCL and Yang Ming. In other initiatives tied to blockchain, Deloitte, the accounting firm, has partnered with identity-management firm Attest to bring blockchain digital ID services to enterprise and government clients.

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UK Auditing Market Pressure Grows With Parliamentary Probe

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Parliament will commence an inquiry into the nation’s corporate auditing market, which is currently dominated by the Big Four accounting firms Deloitte, PwC, EY and KPMG, adding new pressure on an industry already being probed by other policymakers. Reports in Reuters on Sunday (November 11) said the U.K.

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As UK Readies For Open Banking, FinTechs Struggle With SMB Awareness

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They’re a result of the Competition and Markets Authority (CMA) inquiry, which found a serious lack of innovation in the nation’s banking sector — especially when it comes to small- and medium-sized business (SMB) services. As the U.K. He pointed to access to business loans as one example.

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