Commerce Department taps R3 for trade finance group, Hong Kong fines global FIs, and tax complexity boosts the CPA role
| | BUSINESS TO BUSINESS EDITION | Report: One In Seven UK SMBs Hit By Invoice Fraud In the U.K., invoice scams are still gaining traction, significantly so among smaller firms, according to Barclays. Elsewhere, in North America, another study finds that complacent thinking seems to leave smaller firms vulnerable to online fraudsters. |
Global Investors Eye AltFin, HR Tech With B2B Investments The more than $69 million raised by B2B startups this week came from across the globe, including Israel, the Netherlands and Singapore â to name a few. Investors targeted the alternative small business lending market, particularly in the trade finance arena, but it was the human resources management and talent retention spaces that saw the largest investment rounds of the week. |
| SMB Accounting | SMB Tax Complexity Preserves Role For The Human Accountant Automated small business (SMB) accounting software isn't always enough to manage the complexities of SMB finance, as tax reform and a landmark SCOTUS ruling on state sales tax throw uncertainty into the industry. AccuAlly Head Accountant Andre Kattoura says the human connection between CPAs and SMBs remains critical, and while automated software is useful, it's perhaps more applicable to the accountant than to the small business owner. | | |
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