The video conferencing platform is adding email and calendar features; Windows 8 is coming to an end — and so may the rent check; and seven other things that happened in technology this past month and how they'll impact your clients and your firm.
1. Zoom to add email and calendar features
Why this is important for your firm and your clients: I wish that, instead of spending its resources trying to catch up with Microsoft and Google as an office collaboration system (which is never going to happen), Zoom would double down specifically on its video conferencing technology and continue to make it the best and most affordable out there. Microsoft and Google have plenty of other applications and investments to worry about. Given its brand and reputation, Zoom has the potential to be the leader in its specific niche if the company just focuses on that niche. Doing that would benefit the many small businesses — like mine — who enjoy the platform.
2. For Windows 8, the end is near
Why this is important for your firm and your clients: If you're one of those still clinging to Windows 8, it's time to move on. The main reason is security. As I write this, there are millions of malware bots looking for older operating systems like yours to infect and invade. Upgrade your hardware and upgrade your operating systems. And be happy that you extended the use of Windows 8 for as long as you have. Great job. Now let it go.
3. Gmail’s new interface is here to stay
Why this is important for your firm and your clients: Google began testing the new layout at the start of this year and originally gave users the option to opt-out. Moving forward, users will no longer have the option to revert to the previous Gmail interface. Like it or not, it's reality going forward.
4. The 40 best Google tools for productivity and marketing
Why this is important for your firm and your clients: I was mostly aware of all the tools — many free — that Google provides for small businesses to help with productivity and marketing, but this great list compiled by Brian Frederick not only refreshed my memory but also surprised me with a few unknowns. And wow … there are so many of them! If you run a small business it's worth taking some time to go through these apps — you'll also be surprised.
5. JPMorgan Chase wants to disrupt the rent check
Why this is important for your firm and your clients: I've always been a believer that, over time, banks will take over the accounting space and replace many of the current players with their own applications. This story is a good example. The property management industry is still stuck in the 1970s when it comes to technology. More than three-quarters of payments are still done with paper checks? What? Cloud accounting applications have struggled to push customers forward, but failed. JPMorgan Chase's platform could be an answer. And if the bank succeeds in expanding these tools for this industry, there are other service-based industries that could also use an upgrade.
6. KnowBe4’s holiday kit has cybersecurity resources
Why this is important for your firm and your clients: As you're probably aware, ransomware and other malware attacks have exploded over the past few years, particularly because so many people are working from home in unprotected environments. KnowBe4 has become a very popular tool with my clients that want to test their employees on the latest threats, because many studies have shown that it's poor training and people errors that are causing most of the security problems we face.
7. Amazon to test facial recognition to verify sellers
Why this is important for your firm and your clients: Like it or not, passwords are going to be a thing in the past within the next few years. Amazon and other big brands are testing biometric security — fingerprints, eye scans and facial recognition — as a more reliable way to validate a user's identity. Ultimately this will be something many businesses will implement.
8. Fringe raised $17M to offer customizable perks
Why this is important for your firm and your clients: Fringe is a very popular platform with many of my clients because it offers a flexible way to provide employee benefits ranging from Uber rides to mental health services. Workers love it because they get to choose the benefits they want. My clients like it because Fringe makes it easier for them to offer many different benefits from one resource, which cuts down on administration and oversight.
9. AWeber incorporating new tech for small biz
Why this is important for your firm and your clients: Online marketing tools like
10. Walmart-backed fintech to test banking services
Why this is important for your firm and your clients: Another reason why I believe banks will ultimately get into the accounting business is because other businesses — like big box retailers — are slowly eating away at their consumer banking services. If Walmart succeeds with this fintech project, I would expect similar offerings being made available to its suppliers and partners in the future.