In: Finance
1. Describe what is involved in identity theft
2. Today, what are the most effective ways for banks to market their services?
3. You can choose to do business with any number of banks. How does technology affect your decision of which bank to use?
1. fraud is involved in identity theft.
Identity theft occurs when someone uses your personally identifying information, like your name, Social Security number, or credit card number, without your permission, to commit fraud or other crimes.
2. Customer outreach, offer a good experience, get on the right social media, self service and digitization, automation and big data, digital storytelling, educate and teach
3. for choosing a bank the choice is totally dependent upon whether the bank's technology savvy or not. In this busy routine no one has time to go to banks, so online banking is helpful and the banks who provide best online banking services, customer care, speed, privacy, trust, convenience, digital security, whether the website works good, free chat options, bank applications etc should be provided and the bank whose work is online will be preferred more than bank working manually