Intuit wants accountants to embrace AI, Nesta eyes UK’s prep for Open Banking, and TransferMate lands AIB investment.
 

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November 212017

       BUSINESS TO BUSINESS EDITION

Intelligence of Things (IoT) Tracker™

NEW REPORT: Using IoT To Fix Things Before They Break
 

If it ain’t broke — then use IoT to fix it before it breaks. In November’s Intelligence of Things (IoT) Tracker™, Bell and Howell CEO Ramesh Ratan and VP Don Bullock explain why companies are rushing to embrace IoT to fix machines before they break to keep their businesses running 24/7. Find that, plus headlines on the first 5G-ready antenna, Amazon’s in-home delivery, automated adaptive automobile security and more from around the IoT space — including a scorecard of 239 industry players — all inside the Tracker.
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Commercial Cards

Mixing B2B Payment Rails Can Overwhelm SMBs, Finds Mastercard
 

Small businesses are turning away from checks and toward a multitude of payment rail options. New research from Mastercard and Karmic Labs finds small- and medium-sized businesses (SMBs) are taking advantage of choice and using several methods for their B2B payments, but facing heightened friction and a lack of transparency in cash flow management as a result. Even the number of card products for small firms can be overwhelming, according to the data.
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SMBs

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

With PSD2 fast approaching, the U.K. also has its own FinServ initiative coming up: open banking, established by regulators to facilitate data sharing between banks and FinTechs via APIs. Industry players are abuzz with the potential for open banking to finally transform small business banking. While Chris Gorst, Nesta's Open Up Challenge prize lead, is optimistic about that transformation, he says FinTechs have their own massive hurdles ahead, including raising awareness among SMBs about what open banking can do.

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What's Hot


Intuit CEO Warns Accountants Should Get On Board With AI


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Best of Yesterday


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SMBs Readying To Ring In The New Year ... With Cash Flow Stress


 

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