Chase on building a next-gen SMB ecosystem, SAP and Zilliant link for distributors’ B2B eCommerce strategies, and Accounting Seed talks gamification of SMB accounting education
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

October 26, 2020

       BUSINESS-TO-BUSINESS EDITION

SMB Accounting

How Gamification Can Help Boost SMB Financial Literacy

A small business owner doesn't start an enterprise because they want to crunch numbers. Accounting is often considered a dry, dull-but-necessary task, though financial literacy among SMB executives isn't always up to par. Accounting Seed CEO Tony Zorc tells PYMNTS why financial literacy remains vital despite the growing sophistication of automated accounting, and how gamification can broaden the C-suite's financial understanding.

 

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Data Digest

B2B Scammers Wield The Power Of The Invoice

When invoices are generated manually, there are plenty of opportunities for billing to go awry. This week's look at the latest in B2B payments fraud lands its focus on the invoice, used in a variety of ways by scammers to infiltrate B2B payment workflows and steal company cash. For some targets of these fraudsters, that means impersonating legitimate vendors. For others, the crime is all about inflating invoice figures.

 

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Monday Conversation: SMB

Chase’s Neukirchen: QuickAccept First Step To Building SMB Ecosystem

QuickAccept, Chase’s newest small-business offering, is a payment-acceptance solution that aims to go well beyond the payment itself, Max Neukirchen, the bank’s CEO of Merchant Services, tells Karen Webster. He says SMBs demand a suite of holistic, integrated financial services, and J.P. Morgan Chase is obliging by creating an ecosystem built on the company’s WePay acquisition – including instant access to funds.

 

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