The number of in-person visits to a bank branch has dropped 36% between 2017 and 2022. In fact, experts estimate the average consumer will visit their branch only about four times this year. So how are you supposed to make transactions if you aren’t frequently going to the bank? You’ve probably heard the term online banking thrown … read more
Imagine getting an email that a vendor-approved your purchase order for your business. The notice tells you the vendor will debit your account today, but you know the balance isn’t high enough. If you can’t get to the bank to transfer the cash, you should switch to Online Banking. Then, you can make the transfer … read more
US banks hold trillions of dollars in consumer and business assets. Yet, how do you know which bank is right for your business? Choosing the right bank for your business is a big responsibility. You may simply need a straightforward checking account. Alternatively, you may need a more complex financial service, like a line of credit. It’s … read more
There are 31.7 million small businesses in the US. If you’re a small business owner, you know all about the advantages afforded to you, including flexibility and the ability to call your own shots. You also know about the stress, time commitment, and risk involved in making your dreams come true. Many entrepreneurs are looking for an online … read more
Banking online offers many advantages. You can access your account at any time and check your balance or make transfers with a few clicks. But, it also means that hackers have ready access to your financial information. Today, more than 50% of American adults have an account with a bank or other financial institution. Because of this, … read more
In modern times, there are a lot of different ways to transfer money between individuals. You can link up certain apps to your bank account and send money directly into another person’s account. Despite the accessibility of these apps, checks still manage to see a lot of use. Many older individuals like sticking to what they know. … read more
Are you looking to enter the business world as an entrepreneur? Studies show that over about 843,320 businesses launched in March 2021. However, over 20% of these businesses will fail within their first two years. Starting a business is the easy part. What new business owners struggle with is keeping it afloat. Enter the market with the … read more
Nearly every aspect of the business world is becoming more digital, including banking. Recent polls show that 75.4% of Americans bank via digital banking. With more and more people transitioning to e-banking, it is becoming a large fixture in financial institutions. But why is e-banking becoming so popular? Does it offer that many benefits when compared to … read more
32.5 million small businesses help to fuel the economy across the US. You might guess those small business owners say finances are their biggest worry. Yet, 52% say they worry most about finding quality labor for their business. Of course, though, when you look at the failure rate of small businesses, they also must worry about … read more
In the United States, 33% of banks’ fraud costs in 2021 were due to online banking. Online banking is a great way to take care of your finances in a convenient way. However, there are an increasing number of scammers and hackers that can target your online bank accounts. Because of this, it is necessary you learn … read more
