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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

It turns out that confidence is more valuable than capital. The ratio would provide a bank’s current core capital position to risk-adjusted assets. 8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties.

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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Leveraging social media, Gentle Monster started to get traction. How Banks Can Leverage: While not exactly a banking innovation, banks can better allocate capital to COIs. These striking designs paid for themselves in media exposure. months, including an annual operating cost.

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The Velocity of Risk – What Bankers Need To Know

South State Correspondent

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. Banks that take too much risk fail, and banks that take too little risk produce returns below their cost of capital and either get acquired or driven out of business.

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Brand Differentiation – How One Bank Is Producing 132% Profit Growth

South State Correspondent

Thus, where most banks would focus on a referral program, Nubank ranked the quality of the referee and allocated more capital into acquiring the customer they referred. Xpeers are customer support help reachable by phone, chat, social media, or email. Step 4: Reallocate Advertising Dollars into Customer Service.

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For Visa, She’s Next Is What’s Next

PYMNTS

Visa said Monday evening at a New York gathering in anticipation of the launch that events through a year-long campaign will include interactive workshops, tailored on a community-by-community basis. 30 kickoff in Atlanta will include access to experts from Visa and entrepreneurs operating both nationally and globally.

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The true cost of fraud

Abrigo

The Federal Bureau of Investigations (FBI) reports that natural disaster has historically brought fraudsters out of the woodwork, pouncing on a pool of vulnerable victims: the more catastrophic the event, the more active the fraudsters. Remember, media attention is not always positive or wanted.

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Best Banking Books To Create The Modern Banker

South State Correspondent

This fictional novel with an ugly cover is a fast-paced and entertaining story of a plant manager desperately trying to improve operational performance and his marriage. Tom is your guy if you ever need a fantastic speaker for a bank event. The Negativity Fast , by Anthony Iannarino – This is the newest book on this list.