Autobooks | Blog

Under Attack: Outsiders Threatening Traditional Business Banking Models

4/19/18 2:22 PM / by Andrew Bank

Community banks and credit unions should be the financial hub for their small-medium business clients. But community institutions are losing large parts of those relationships to non-traditional providers like Quickbooks, PayPal, Xero and others. Traditional banking providers must take decisive action to stop the bleeding, counter the trend, and win back their commercial clients before it’s too late.

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Andrew Bank

Written by Andrew Bank

Andrew Bank works on strategy, marketing, and business development for Autobooks, a white-labeled, integrated receivables platform that turns financial institutions into the central hub for their business clients’ daily activity. Autobooks provides financial institutions with an all-in-one invoicing, payments, and accounting solution, seamlessly integrated with their online banking.

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