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The Financial Technologies SMEs Aren’t Using

PYMNTS

The average small business considers itself a “moderate” user of technology, according to the PYMNTS.com SMB Technology Adoption Index. Only 13 percent say they’re willing to jump on the innovation bandwagon. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

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Finovate Fall 2017 Day One: Data Analytics, ID Verification, and Cybersecurity

Bank Innovation

Finovate kicked off its 2017 Fall conference with demos from about 40 financial technology companies on its first day yesterday in New York.

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Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Product Innovation — for demonstrating the ability to launch multiple innovative products. Open Banking — for the most impressive API strategy and results so far.

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Celent Model Bank Awards 2017: Banking Products Innovation

Celent Banking

The Products entries for 2017 fall broadly into four sub-categories: Payments Product — for launching the best consumer or business payments product. Product Innovation — for demonstrating the ability to launch multiple innovative products. Open Banking — for the most impressive API strategy and results so far.

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Why B2B Payments Can’t Shake Its Anti-Innovation Notoriety

PYMNTS

B2B payments have a reputation for being slow to innovate , though the last couple years has challenged that notoriety. Still, according to the latest Mercator Advisory Group report on FinTech disruption, B2B payments will have to wait a bit longer to see true change from these innovations. B2B Payments Outlook.

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Use Technology Vision for Banking as a guide to bolster traditional banking, before it’s too late

Accenture

Storm clouds are gathering over the banking industry in the form of a fragmenting value chain, rapid migration to digital channels, encroaching financial technology firms, and open banking regulations. The ancient Chinese were innovators.

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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

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