OUR BLOG
August 29, 2024
What Are the Advantages of Using a Business Credit Card for Online Advertising Expenses?
Online advertising has become a cornerstone of business growth in today’s digital-first world. Whether you’re running pay-per-click (PPC) campaigns, social media ads, or influencer partnerships, the ability to reach and engage with your target audience online is essential. However, managing the costs associated with these advertising efforts can be challenging. One effective strategy is to […]
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August 26, 2024
The Role of Business Banking in Scaling Your Company
As a business owner, you know that scaling your company involves more than just increasing revenue or expanding your team. It requires strategic planning, efficient operations, and the right financial backing. That’s where Lexicon Bank and our business banking solutions come into play. Business banking isn’t just about managing your money; it’s about leveraging financial […]
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August 23, 2024
Navigating Cybersecurity Threats: Lessons from the 2024 Microsoft CrowdStrike Update Issue
When it comes to cybersecurity, businesses must remain ever vigilant to protect their operations and sensitive data. The recent 2024 Microsoft CrowdStrike update issue, which led to a global shutdown of computers, underscores the importance of robust security measures. At Lexicon Bank, we are dedicated to helping our clients understand these threats and protect their […]
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August 6, 2024
Mastering Money Matters: Top Three Financial Hacks for New Entrepreneurs
Starting a new business can be exhilarating, but managing finances can be daunting. Mastering finances can be the difference between success and failure, for new entrepreneurs. This guide will walk you through three essential financial hacks that may help you streamline your finances, maximize your profits, and ensure long-term success. Why Financial Management is Crucial […]
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August 5, 2024
Teaching Kids to Be Financially Responsible
Teaching children to be financially responsible might seem daunting in today’s world, but it’s one of the most important life skills you can teach them. Not only does it prepare them for the future, but it also fosters a sense of independence and confidence. This blog post will guide you through practical steps and tips […]
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August 2, 2024
Future-Proofing Finance – 10 Reasons Cybersecurity is Crucial in Banking
In today’s digital world, cyber threats have become a significant concern for the banking sector. The increasing reliance on technology and the internet has made financial institutions vulnerable to cyber-attacks. This post explores why cybersecurity is vital for banking professionals and IT security experts, offering insights, practical tips, and examples. Safeguarding Sensitive Customer Data Protecting […]
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July 2, 2024
What Can I Buy With My Business Credit Card?
In the fast-paced world of technology, business owners face a growing number of challenges, particularly in cybersecurity. With artificial intelligence (AI) playing an increasingly prominent role in defending and attacking digital assets, understanding these emerging threats is crucial. Running a small business comes with its own set of challenges and opportunities. One tool that can […]
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July 2, 2024
The Rise of AI Threats in Cybersecurity
In the fast-paced world of technology, business owners face a growing number of challenges, particularly in cybersecurity. With artificial intelligence (AI) playing an increasingly prominent role in defending and attacking digital assets, understanding these emerging threats is crucial. Understanding AI in Cybersecurity Artificial Intelligence is revolutionizing many industries and cybersecurity is no exception. AI can […]
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June 24, 2024
Don’t Get Hooked: A Guide to Avoid Phone Scams and Spoofing
In today’s digital age, our phones have become extensions of ourselves. We use them for everything from banking to socializing, making them prime targets for scammers. Phone scammers and spoofing tactics constantly evolve, leaving many of us vulnerable to financial loss and identity theft. But fear not—armed with knowledge, you can significantly reduce your risk […]
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June 11, 2024
Bridging the Gap: Understanding Bridge Loans
Life is full of unexpected transitions, especially regarding financial situations. A bridge loan can offer a temporary solution for business needs, such as acquiring new property before selling existing assets, facilitating construction projects, or addressing temporary cash-flow challenges. Before you consider this financial tool, it’s crucial to understand its details. Let’s delve into the world […]
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June 11, 2024
Keeping the Cash Flowing
Running a business requires a steady cash flow, but what happens when customer payments lag? This is where accounts receivable (AR) lines of credit can become helpful. They act as financial lifelines and allow businesses to access capital based on outstanding invoices that have yet to be paid.
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May 7, 2024
Cybersecurity Is an Absolute Necessity: Beware the MFA Prompt Bomb!
Nowadays, modern banking has to vigilantly protect you and your accounts from more innovative and increasingly relentless cyberattacks. Domestic and international criminals and malcontents are constantly evolving. They use artificial intelligence, quantum computers, and a devious nature to rapidly morph their attacks, move faster, and attack from multiple places than ever before. Table of Contents […]
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