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Cost-conscious small businesses want better bank tech

from American Banker

Consumers typically get to enjoy cool new banking technology first, followed by commercial customers. But businesses — especially small to midsize ones — are losing patience with this traditional pecking order and increasingly bolting to high-tech nonbanks in response. While a lot of the talk of the next wave of fintech are usually referred to in the context of consumer banking, banks also need to think about delivering these services to small and midsize business customers, or run the risk of losing them. more

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