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Should Banks Be on Social Media?

NCR

The promise of genuine engagement with customers through social media is drawing the attention of traditional businesses, like banks. However, their use of social media platforms has grown in recent years to include memes, unique content, and customer service elements. How Banks Should Operate on Social Media.

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Fraud prevention and detection: Empowering clients through education

Abrigo

Fraud schemes, evolving with technology, are more sophisticated and more complex to detect. Fraudsters have adjusted their tactics as technology has changed. Clients should also be wary of social media scams. billion was lost to fraud through social media between January 2021 and June 2023.

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

Banking 2020

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. For instance, they could offer light advisory services or seminars to business owners who have working capital lines of credit.

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Killing Strategy: The Disruption Of Management Consulting

CB Insights

But just as their clients are always under threat from new players and technologies, consultants too are not immune to the forces of disruption. “The underlying principles of strategy are enduring, regardless of technology or the pace of change.” The four functions of consulting. ” —Michael Porter.