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Every day, thousands of people fall victim to fraudulent emails, texts and calls from scammers pretending to be their bank. And in this time of expanded use of online and mobile banking, the problem is only growing worse. In fact, the Federal Trade Commission’s report on fraud estimates that American consumers lost a staggering $10 […]

It should come as easily as airline safety, so buckle up for this one. Despite the fact that check use has declined by 25%, reports of check fraud have soared. In fact, they’ve nearly doubled since 2021. Criminals are becoming more sophisticated and finding new ways to steal your financial information to gain access to, […]

Navigating the world of banking can feel overwhelming at times. With so many terms and acronyms, getting lost in the jargon is easy. One term you’ve likely come across is FDIC insured. But what exactly does it mean for you and your bank deposits? Let’s break it down. What is FDIC Insurance? The Federal Deposit […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]