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Posts tagged with "Small Business"

08/09/2018

Sure, Bank Branches Are Declining – But Let’s Keep Things in Perspective

Here we go again. We can probably count on a replay of these headlines with every quarterly bank earnings release cycle. Here’s a recent one, courtesy of CNN: “Why Bank of America Branches Are Disappearing.” The article begins with the concise statement, “The future of banking is here- and it’s mobile.” I agree wholeheartedly with this…

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04/20/2017

Are HSA Opportunities an Emerging Source of Potential Revenue for FIs?

With the March 24 withdrawal of the American Health Care Act, it’s anyone’s guess what will happen next in healthcare reform. The Trump administration and top Congressional Republicans have indicated they’ll return to the issue, but until something else takes its place, the Affordable Care Act remains in effect. Health savings accounts are a significant…

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12/22/2016

Top-4 Cyber Crime Threats to Small Businesses and Banks Alike

By Eugene Bekker Bankers and small business owners: protecting your business against cyber crime is now more important than ever. In 2015, the U.S. Director of National Intelligence ranked cybercrime as the No. 1 security threat in the country. Despite popular belief, cyber criminals actually prefer small businesses institutions simply because they are easier to…

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08/25/2016

Meeting the Identity Protection Needs of Small Business Customers

By Laura Bruck, VP Marketing at EZShield Think you understand your small business customers? What about their need for protection against identity theft and fraud? Whether SMBs voice it or not, it is unquestionable, yet sometimes overlooked, that they need identity protection too. Small business owners have twice the risk of fraud since they are…

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05/07/2015

Hard Fraud Lessons for Small Businesses and FIs

Of all the lessons we should learn from the high-profile data breaches of the past few years, a few of them are probably ones small businesses and banks probably haven’t given enough consideration. I’ll pose them here: Lesson No. 1: Unless they are egregiously flippant and callous about the impact on their customers, most big…

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12/12/2014

6 Blunders Small Business Owners Wish Banks Would Quit Making

Perhaps you’ve read one or two of those now-popular “What your doctor (or lawyer, flight attendant, hairdresser, etc.) won’t tell you” lists. They can provide an interesting view into the minds of folks who may be relevant, but distant, in your life. They can also be ironic, as the things the subject of the list…

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12/03/2014

How to Make the Most of Small Business Relationships

Of the many lessons American small businesses learned from the Great Recession, the idea that bigger isn’t always better has dramatically impacted their perceptions of the banking industry. In their own operations, of course, small business owners already knew that size isn’t always the differentiator that secures customers. In fact, it rarely is. Larger financial…

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