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Banks Must Up Their Social Media Game to Connect with Digital Natives

Gonzobanker

Traditional financial institutions that want to compete with fintech disruptors like Chime and X (formerly known as Twitter) need to up their social media game. This means a significant contribution in terms of budget and resources from the marketing department. Consider that the typical user spends about 2.5

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In Digital Banking Age, Personal Touch Still Matters

PYMNTS

One way to springboard between the personal touch and technology, especially in a mobile setting, can come through social media interaction. IT budgets and resources are important, but they are not a substitute for what bankers know about their customers.

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How PSD2 Is Changing ING Bank’s API Strategy

PYMNTS

Social media giant Facebook is facing yet another batch of complaints around its practices in the region, with more claimants asserting it is not meeting GPDR requirements under the law. For other companies, GDPR is the main concern as they move to expand operations within Europe. About the Tracker.

Strategy 188
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The Challenges of the New Neo Bank

Celent Banking

The promise of these new start-ups was a drastic improvement on customer experience, ditching traditionally stale financial services with improved digital offerings, social media integration, and a familiar/casual communication style. There aren´t many neo-banks, but digital channels start-ups are numerous.

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Watson Marketing Delivers a Competitive Edge that Financial Institutions can Bank On

Insights on Business

Using Watson Marketing analytics, data sources such as images, video and social media can be coaxed to reveal insight. Overarching this effort, IBM Chairman and CEO Ginny Rometty has referred to Big Data as the “world’s natural resource for the next century.”

Marketing 156
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How AML Regulations Are Pulling Credit Unions Into Law Enforcement

PYMNTS

In Rapid City, South Dakota, for example, MED5 Federal Credit Union (MED5 FCU) launched an upgraded website after collaborating with the FinTech OMNICOMMANDER , which works to provide CUs with a variety of online tools, including web design, social media and marketing services. About The Tracker .

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10 Top banking podcasts you should be listening to

Abrigo

We have webinars , whitepapers , and other resources to make your job easier. In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. banks and credit unions can be difficult.

Fraud 221