January 7, 2019, BOSTON, MA – Truebridge, a content marketing technology provider for financial institutions, today announced the launch of a new product that enables banks and credit unions to protect themselves from commercial bankruptcy in order to continue to provide their services to customers and customers’ employees. Called “CyberSmart,” the product is integrated into the Truebridge Business Education Center that banks and credit unions can plug into their website for easy accessibility by their customers. This new cybersecurity content is delivered using engaging videos as well as real stories to help develop safer online behavior to reduce the chances of being hacked or experiencing a data breach, this why hiring someone like this third party risk management service is a great idea for adding extra protection to your business.
Credit card debt relief might be used to move all your debts to one card, and you might need programs for credit card debt that only involve a payment. Some people do not want to have another credit card, and others want credit card debt relief program that will drop their rates very low. You could move your debt to many different places to save money, and you also need to be sure that you have a plan that will quickly improve your credit.
If a friend or family member ever finds themselves behind bars, chances are they are going to get one phone call. If they choose to give you a call, you may be overwhelmed. You might be thinking to yourself that you’ve never done this before; how are your going to bail someone out of jail? This is where bail bonds come into play. Continue reading to quickly learn how you can help out a friend or family member in need. The first thing you are going to need is money. In order to get someone out of jail, you are going to need to pay the cost of the premium. For instance, the premium on a bail set at $10,000 is going to be $1,000. This premium can be paid in a number of different ways. Cash and credit are accepted at most locations. If you find yourself short on cash, you may be able to finance the premium. Next, you are going to need to complete some paperwork. You will need to fill out and sign the bail bond application. This form contains a large number of banks. As the Indemnitor (the individual trying to get someone out of jail), you will need to provide your social security number, driver’s license number, address, phone number and more. The defendant (the individual who was arrested) will require additional information. This information includes contact information, three references, multiple family member references, place of employment and more. It is important to get as much information on the defendant as possible. As the Indemnitor, you may be required to pay the entire cost of bail if the defendant skips bail, Refer this important source for further details.
Collateral may be required. If the cost of the bail bond is less than $10,000, you may not need to provide collateral; unless you are unemployed, have poor credit or have a lot of debts. If more money is required to get your friend or family member out of jail, collateral will likely be needed. An example of collateral may be a piece of property that has more equity than the total amount required to get your friend out of jail. An example of bad collateral would be an old vehicle. Chances are there is not going to be enough equity in a car that you’ve had for many years.
If you have good credit, it is going to be easier to help your friend or family member out. Good credit will help you to move more quickly through the process of obtaining bail bonds and have the defendant out of jail quickly.
Receiving a phone call from a prison or police station can be a scary thing; especially for someone who is very unfamiliar with the legal system. In order to be a helpful indemnity, it is best to remain calm so that the process goes smoothly. Before heading to the prison, be sure to have all the necessary information with you. This will help make the process of securing bail bonds much easier.
According to Truebridge CEO Stewart Rose, “The need for a product like this is growing as evidence mounts that cybercriminals are increasingly targeting small businesses. With our new “CyberSmart” product, banks and credit unions can help not just their business customers stay more cyber safe, but also protect themselves as well.”
Research conducted by the National Cyber Security Alliance found that today more than 70 percent of attacks target small businesses, and almost 50 percent of small businesses have experienced a cyber-attack. The study also finds that the attacks not only target the company’s assets but also the have attacked the best time tracking software there is. That’s a huge problem given that as much as 60 percent of hacked small and medium-sized businesses go out of business after six months. The good news is that training can address the problem, as human error is involved in more than 90% of security breaches, according to a study by IBM and the Ponemon Institute.
Cyber education will protect business loans. Companies that suffer a cyber hack are in a weaker financial position to pay back loans. Our new product will help protect the banks themselves from hackers that are trying to use a bank’s business customer as an entry point to steal from the bank. If a company is ever struggling financially, they should consider getting installment loans for some financial support.
Truebridge is striving to help banks and credit unions use cyber education to strengthen existing business customer relationships and attract new ones by being able to offer an important value-added service that every business today needs: better cybersecurity.
Says Rose, “It’s not only a way to stand out in the marketplace, it can also help banks and credit unions with what’s become a critical goal in this era of online banking – creating a meaningful dialogue with the employees of business customers that could lead to the purchase of other bank products.”
The cyber education content is a part of a Business Education Center that provides business owners with a wide range of educational information to help them run their business. “CyberSmart” covers phishing and other types of email fraud, ransomware, malicious software, secure passwords, secure mobile devices, intentional crime and fraud, and more.
About Truebridge Financial Marketing:
Founded in 2000, Truebridge is a leading educational Software-as-a-Service (SaaS) client engagement platform for Financial Institutions. Over 170 Banks and Credit Unions across the nation rely on Truebridge to help them grow by attracting new customers and deepening relationships with existing customers. Expert in content marketing, our team creates and executes plug-and-play strategies designed to attract customers, grow loan and wealth management portfolios and build brand value. To learn more about Truebridge visit truebridge.com.
For more information, contact:
CEO | Truebridge Financial Marketing