Eliminating Costly Errors in the Banking Sector: How RPA Can Help

Banks play a critical role in society, offering a place to store savings, a way to transact business, and even investment opportunities. However, few people would say they love their bank. Instead, it is a virtual requirement for many things in modern life. From paying one’s bills to preparing financially for the future, most people…

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4 Marketing Solutions for the Online Banking Industry

Operating an online-only bank or an internet bank differs from conventional banking in a variety of ways. It is for a good reason too. For instance, the absence of brick-and-mortar branches and excessive staff leads to lower operational and service costs. With it, the direct interaction with your customers also translates to more accessible services.…

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7 Ways to Get a Bank Interested in Your Startup

Many entrepreneurs are convinced that banks are not worth the effort for startups, especially early-stage ones that still don’t have a revenue stream, or collateral to back up their financing needs. A question I get from time to time is “Can I ever expect any backing from my bank for a great opportunity?” The short…

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Why Set Up a Bank Account for Your New Business?

Starting a new business can be exciting—and also daunting. There’s so much to think about right off the bat. What’s your niche? Are you opening a location, or all online? How will you structure your business? Beyond those initial steps of starting a business, there is another one that doesn’t always come to mind right away:…

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8 Keys to Convincing a Bank to Fund Your New Venture

A common question I get is “How do I get a bank loan to fund my startup?” The default answer is that it probably won’t happen, because most banks just don’t make bank loans to startups. The failure rate is just too high, and startups typically don’t have the assets or revenue stream to back…

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Have Uneven Cash Flow? 5 Ways to Smooth It Out

Small businesses, freelancers and “solopreneurs” alike know all too well that steady, predictable cash flow is a peace of mind that is not always guaranteed. Luckily, there are some things you can be doing to mitigate those dips and help make your financials get into a more reliable state, month after month. Update Billing Cycles…

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