While many consumers may have had one banking relationship in the past, surveys show that the average American now has 5.3 accounts open across all types of financial institutions. So, you might have a checking, savings, and possibly a credit card with your primary bank. You may also have opened an account associated with work, school or due to a prior move.
Mobile deposit is an in-app banking feature which allows a bank customer to deposit checks into an account directly from a mobile device. Bank Independent offers mobile deposit as a free, built-in feature that comes with Sync mobile banking. Although mobile deposit is a technology which has been available for many years, not every mobile banking customer is aware of the perks that come from adopting this robust feature. Here are just a few!
Can a small business have the same competitive advantages that large-scale businesses enjoy? When it comes to treasury solutions – absolutely. No matter the size of your business, you have financial needs and banking relationships which need to be maintained in order to thrive.
When operating a business, you quickly learn that there is a lot of unique language specific to merchant services. Merchant Services is a general term used to describe the hardware and software components used to accept and process debit and credit card payments. There is an ever-growing list of the types of payments, from online purchases to in-person. Three of the most common processes are swiping, dipping and tapping.
If you own or operate a business, you have most likely heard of Merchant Services. This is a financial term for a business’s ability to process payments for goods or services. Depending on the business, that process can be anything from accepting cash to a multitude of transactions such as card readers, contactless payments or online shopping. And, depending on the merchant services provider you choose, you could receive basic payment processing capabilities or you can opt for robust hardware and software backed by expert customer service.
When you consider the number of online accounts the average user accesses each day, the amount of personal information vulnerable to exposure can be staggering. Do you know how to protect your accounts and prevent cybercriminals from stealing your information?
Imposter scams occur when criminals pretend to be someone you know and trust, such as a government agency, a financial institution or even a friend or family member. According to the Federal Trade Commission, imposter scams are on the rise. There is an increased likelihood that you will be contacted by an imposter, however, with a little education and prevention, you can keep from becoming a victim.
The holiday season is a prime time for hackers, scammers, and online thieves. Due to the popularity of Black Friday and Cyber Monday, we all need to be aware of the potential dangers online shopping can bring and the ways we can protect ourselves.
Today’s technology allows us to connect around the world, to bank and shop online, and to control our televisions, homes, and cars from our smartphones. These activities require you to provide personally identifiable information (PII) such as your name, date of birth, account numbers, passwords, and location information. With the added convenience of these digital tools comes an increased risk of identity theft and Internet scams. #BeCyberSmart when sharing personal information online to reduce the risk of becoming a cybercrime victim.
Times of crisis can bring out the best in people. Communities step up to take care of one another’s needs, resources are pooled, and good things get done. Unfortunately, times of crisis can also bring out the worst in some people. Criminals and unscrupulous people use situations like the current Coronavirus crisis to take advantage of their victims.
