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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

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

South State Correspondent

Closely aligned with customers service, bank management recognized early on during its maturity that it needed a platform ecosystem to drive engagement. 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.

Branding 221
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The true cost of fraud

Abrigo

Social media scams account for the highest losses and are higher than any other fraud typology , at a reported half-billion total loss. Additionally, the human capital investment—in terms of both hiring fraud prevention experts and training existing staff—represents a significant operational expense.

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Trust: Once Again the Most Precious Currency in Banking

Gonzobanker

Here are seven key areas where bank executives need action plans to address burning challenges: Communication – Bankers have been working to calm their customers and community, but the quantity and quality haven’t yet met the standard in an always-on social media world where the public is sniffing for transparency and authenticity.

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

It was agreed that too many lines of business, such as treasury management, commercial lending, and commercial deposits, are not utilizing their marketing departments enough, given the tremendous value of their products. Every bank product manager should be clear on what their product is, what it is used for, and who will use it.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

Thankfully for bank and credit union executives, lenders, risk managers, and Bank Secrecy Act (BSA) Officers, banking podcasts and podcasts for credit unions are plentiful, and options are growing. Listen to the podcast episode, " How To Sleep Easier at Night About Capital and Risk Levels.". BSA Training. keep me informed.

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Big-Name Backers Pump $324 Million Into B2B FinTech

PYMNTS

The company uses API technology to facilitate corporate payments to suppliers and employees across the globe, and deploys blockchain (fueled by Ripple) for liquidity and treasury management capabilities. According to reports, the company is also hoping to help SMBs raise capital as they face a funding shortage from traditional banks.

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