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Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender
Offering your customers a buy-now-pay-later (BNPL) solution is a good way to provide a frictionless payment experience. Still, businesses should do more than include a BNPL provider on their checkout portal. Companies should consider their role in explaining how BNPL works and why it might be an alternative payment option ...
Adoption of digital payments is one of many technology-forward trends accelerated by the pandemic. In 2020, 78% of consumers had used digital payments in the past year, up from 72% in 2016, according to McKinsey.Consumers embraced digital payments out of necessity, as Covid made touch-free payments more appealing, but now ...
Peer-to-Peer (P2P) mobile payment apps such as PayPal, Venmo and CashApp have become increasingly popular with both individuals and small businesses to transfer money quickly and conveniently. If you are using these payment apps or other third-party credit/debit card processors for your business, however, there are some new tax implications ...
Cybercrime has grown at an exponential rate over the past few years, and the question most businesses face today is not if they will be hacked, but when. Cyber criminals took advantage of vulnerabilities that arose during the COVID-19 pandemic, and 2020 was the worst year ever recorded for data ...
Last year was characterized by a housing market unlike any we have seen in recent memory; it was a seller’s dream and a buyer’s nightmare. The national median home price hit an all-time high in June at $362,800, and, according to Redfin, the typical home sold in just 15 days. ...
Positive customer experiences can make or break a small business. When customers are happy, they’re more likely to keep coming back and to share their experience with others, leading to more business. But when customers are not happy, they may do the opposite—stop doing business with the company, and share ...
Data Privacy Day — held on January 28th each year — is an international effort to raise awareness about the importance of respecting privacy, protecting data, and enabling trust. Cybercrimes such as identity theft and online scams continue to take a staggering toll across the globe, with 15 million data ...
Make the new year an opportunity for growth and fulfillment, even during one of the most challenging eras for small business owners.Alykhan Jetha (AJ), an Entrepreneurs' Organization (EO) member in Toronto, is the founder and CEO of Marketcircle Inc., developer of the award-winning Daylite CRM (customer relationship manager) and productivity ...
Environmental, Social and Governance (ESG) is a hot topic in business circles. For more information on the basics of ESG, click here. Valley Bank has made ESG a priority and has dedicated resources and leadership toward the effort, including convening an ESG Council. As a regional organization itself, Valley understands the ...
More than ever, today’s consumer is focused on sustainability and will choose to patronize businesses that embrace environmental, social and governance (ESG) initiatives. A report from PwC found 80% of consumers said they were more likely to buy from a company that supports the environment, and approximately 85% of employees prefer ...
Over the past few years, women have increasingly found success as business owners – in fact research shows that in 2021 nearly half of new business owners were female, compared with just over a quarter in 2019.As a women business owner, you undoubtedly juggle endless responsibilities, which can lead to ...
Selling a business can be exciting, stressful, and life-changing all at once.Congratulations! You’ve beaten the odds, built an enduring, valuable company, and are looking to sell it. If you’re like most business owners, you’re primarily focused on working with your investment banker and M&A attorney to get the best price ...
Copyright © 2021 Valley National Bank, All Rights Reserved.
Member FDIC, Equal Housing Lender