OUR BLOG
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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April 30, 2024
How Do I Get the Equipment My Business Needs?
In the competitively dynamic business landscape of Las Vegas, getting the equipment you need matters. Having the right equipment is a cornerstone of business success. Whether you’re a dazzling restaurant off the Strip that needs updated state-of-the-art kitchen appliances, a construction company requiring heavy machinery, a personal salon and spa, or a tech company needing […]
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April 29, 2024
Do I Need More than One Bank Account for My Business?
In the vibrant business world of Las Vegas, success hinges on organization and control. Just like a winning poker hand requires a variety of cards, your business finances might benefit from the strategic use of multiple bank accounts. Here at Lexicon Bank, a premier Las Vegas-based concierge bank that highly prioritizes customer convenience and service, […]
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March 27, 2024
Loans for Non-Profit Businesses
In business, non-profit organizations stand out for their mission-driven approach rather than profit maximization. However, just like their for-profit counterparts, non-profits require financial resources to operate and fulfill their missions effectively. While grants and donations are primary sources of income for non-profits, there are instances where loans become necessary to bridge funding gaps or embark on strategic initiatives. This blog will explore the landscape of loans available for non-profit organizations and their benefits, challenges, and considerations.
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March 27, 2024
7 Reasons to Choose the Right Banking Partner
In today's fast-paced world, choosing the right banking partner is crucial for individuals and businesses. Whether managing personal finances or steering a company towards success, the bank you select can significantly impact your financial well-being and prospects. From customer service to financial products and technological advancements, the right banking partner can make all the difference.