Credit cards nightmare in simple words, without overwhelming readers with strange banking terms they cannot understand, read and enjoy. Customer Acquisition Process Banks and Financial Institutions are in race to get you enrolled into their Credit Cards programs, marketing departments collect phone numbers, and people names, sales team do the targeting to enroll you … Continue reading Credit Cards Nightmare
Laura Bruck — February 7, 2018 Follow @EZShield — February 7, 2018 We’re losing a staple of Main Street faster than expected. Nationwide, bank branch visits have been cut in half over the past 20 years. According to data from S&P Global Market Intelligence, this drop has led to a rash closing of physical branches. … Continue reading Reimagine In-Branch Banking: 5 Tips
Georg Richter — June 25, 2017 — June 25, 2017 Mediamodifier / Pixabay A cardinal rule when it comes to online subscription sales: Never cancel a subscription order because a payment card transaction fails. Cards are declined for many reasons. They expire, they get stolen, they fall out of back pockets, and, yes, customers often … Continue reading When Is the Right Time to Break the Credit Card Chain? Try Never.
Matthew Baker — February 14, 2017 — February 14, 2017 According to several sources, many small business owners and self-employed individuals do not have separate business and personal bank accounts. A survey from Citizens Bank reported 26% of small business owners say they don’t have a separate bank account for their company. Another survey from … Continue reading 3 Steps to Open a Business Bank Account
Naman Kapur — November 17, 2016 Follow @kapur_naman— November 17, 2016 Brace yourselves: the change in banking is coming sooner than you expect. The world we live in is increasingly changing with each passing day, i.e., going digital and interconnected where devices not only talk to us but also with each other. Banking isn’t going … Continue reading How APIs & API Management are Changing the Banking Industry
by Ben Bradley March 27, 2016 Follow @b_bradleyMarch 27, 2016 The retail banking sector is under pressure – increased regulatory compliance costs, changing consumer behavior driven primarily by technology and competition coming from new and non-traditional sources (players like PayPal, Dwolla and Google Wallet). Important factors for successfully competing within this environment are customer loyalty, … Continue reading Understanding Retail Banking Incentive Programs
by Keith Tully January 28, 2016 Follow @RealBizRescueJanuary 28, 2016 There are several reasons why a bank may call in an overdraft. During the credit crunch a few years ago this happened on a regular basis and caused many companies financial difficulty. Banks would use reasons such as ‘your business no longer fits our risk … Continue reading Options When a Bank Calls in Your Business Overdraft
Patrick SitkinsMay 12, 2015 Millenials represent a unique generation and specific challenges when it comes to marketing financial services. Many label this group of young adults as irresponsible, especially when it comes to professional financial services. So how do you get the attention of an entire demographic of people who don’t seem to care about … Continue reading How To Effecitvely Market Financial Services To Millennials