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The Current Banking Crisis – 10 Not So Apparent Lessons

South State Correspondent

8) Deposit Impact of Social Media: SVB’s customer base and followers were highly active on Twitter and other social media properties. The more active your customer base and “friends of the bank” are on social media, the shorter you can expect your deposit duration when sentiment turns negative.

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Regulatory Tracker: Sandboxes Gain, While Cryptos Wane

PYMNTS

Here in the United States, tax season looms, of course, which may put additional pressure on cryptos. The secretary of the Commonwealth in Massachusetts has put the brakes on five initial coin offerings in that state. Although the firms had advertised across social media, none of them had registered to offer or sell securities.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

State of Innovation Report. As a result, the company’s web traffic and sales conversion rates were lower than its competitors’ rates; its social media presence was limited; and its existing CRM tools failed to capture online insights to help the company better engage consumers. Many are still in wide usage today.