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Paid social media’s place in your marketing strategy

Independent Banker

As social media platforms tinker with their algorithms, marketing experts say one trend is clear: Paid social campaigns are becoming increasingly necessary to cut through the noise and reach customers. They share tips for how community banks can get started. What is paid social? Artwork by Oatawa/Getty Images.

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The true cost of fraud

Abrigo

While some of the recent trending fraud schemes are not new, they have been transformed to prey on communities already dealing with unprecedented times. Social media scams account for the highest losses and are higher than any other fraud typology , at a reported half-billion total loss.

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Jim Reber: Floating rate assets are back

Independent Banker

The financial press, economic commentators and social media sites have used a collection of terms this year that convey a certain image of market values for investment securities: “Plummet.” Community bankers have come to grips with the notion of their bond portfolios being, ahem, “submerged” in a number of ways. Underwater.”

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Traditional Banks v. Alternative Lenders: How Goliath Can Beat David

Banking 2020

Here are a few ways Kyle described how this concept might work: Marketing to the local community and actively becoming a part of it. In today’s fast-paced life, this means engaging with them through social media, as well as hosting educational events. Streamline the loan decision process by investing in technology.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Effective fraud risk management includes detection and fraud monitoring that should consider customer or member history and behavior. Clients should also be wary of social media scams. While interacting with friends and family online can be a fun pastime, social platforms are a feeding ground for fraudsters.

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