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Sage: Changing B2B Payments Behavior

PYMNTS

While the same cannot necessarily be said about business customers, the findings do highlight the progress technology conglomerates have made in the financial services space: Traditional banks are no longer the only option for customers. This combination will be the driving force for getting businesses to adapt.”

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Mobile Devices Take On SMB FinTech Functionality, Usability

PYMNTS

But mobile devices are an increasingly important part of a small business’ financial management strategy, adding another channel on which banks and FinTechs must innovate to disrupt and improve SMB finances.

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More Tech Means More Money For Small Biz Accountants

PYMNTS

According to data published last September, SMB accountants agree that accounts software is now the most important innovation to their industry, and nearly two-thirds said they feel motivated to upgrade their own technologies and embrace automation to meet SMBs’ demands.

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Cross-Border FinTech Collaborations Gain Traction

PYMNTS

To that end, small business accounting software provider Xero is readying for the collaborations between FinTech upstarts and more traditional financial institutions, having launched an open banking API – which, according to The Australian Financial Review, is aimed at helping to streamline those efforts.

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Alt Lending Anxieties Nowhere To Be Found

PYMNTS

This week sure seems to hint that the answer is “yes ,” considering alt lending startups not only received the most venture capital this week, but they also received the highest funding rounds of any other B2B FinTech industry. SME Accounting. Europe and Asia that followed suit with their own investment rounds. D3 Banking.

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Xero Makes Its Debut In Canada

PYMNTS

With the small business accounting software market competition heating up, Xero is vying to get ahead and announced its launch of operations into a new market.

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Why Accounting Innovation Flourishes In India

PYMNTS

India is becoming a new center stage for innovation in the corporate and small business accounting software space, analysts believe. A report published by TechSci Research late last week says India is poised to see a 14 percent combined annual growth rate between 2016 and 2021 in the accounting software space.