Facebook Getting Into the E-Money Game April 14, 2014The social media giant has reportedly applied for a remittance license in Ireland.
Banks Are Boring on Social Media March 18, 2014A report from Carlisle & Gallagher Consulting Group polled consumers on their experience with financial institutions on social media.
The Power Of Social Payments February 11, 2014RBC became the first North American bank to roll out a P2P service using Facebook Messenger, as the trend of social media payments looks to be ready for take-off.
Apple Finally Getting Into The Payments Game? January 27, 2014A report surfaced this weekend indicating the tech giant is preparing to make the leap into mobile payments.
PayPal Is The Most Trusted Brand For Mobile Wallets, Says Survey October 24, 2013PayPal tops Google, Apple, Facebook, and Amazon as the most trusted brand for mobile wallets according to a survey by Javelin Strategy and Research. Intuit Selling its Financial Services Unit for $1 Billion July 01, 2013The sale does not include the popular personal financial management tool Mint.
Bank Boardrooms Go Paperless February 12, 2013Bank of New Hampshire has seen considerable time and cost savings from using digital books for its board meetings provided by Diligent Boardbooks. Will Facebook Be the Next Big Payments Network? October 10, 2012If Facebook becomes the next big payments network, what can banks do to get in on the action? Experts from Facebook, Google to Judge Best Mobile App Ideas for Financial Services July 25, 2012The U.S. Treasury announced today that experts from Google and Facebook will help judge mobile app ideas for its MyMoneyAppUp Challenge. Facebook and Video Games: Is This the Bank of the Future? June 18, 2012Polish Bank Alior has unveiled a digital bank that includes Facebook payments and an "entertainment area." Banks Can’t Afford to Be Afraid of Social Media April 26, 2012Banks ignore social media at their own risk. But effectively taking advantage of the ever-growing channel requires more than just setting up a placeholder presence — it requires true engagement and authenticity. American Express Tops FI Social Media Report April 12, 2012Research from Corporate Insight also indicates that financial services firms prefer Twitter to Facebook. Citi Introduces Facebook Rewards App January 03, 2012The new application allows Citi ThankYou Rewards members to pool and share their earned points via Facebook. Commonwealth Bank Rolls Out App for Facebook, P2P Payments October 25, 2011The service, called Kaching, will enable NFC-based peer-to-peer payments via email and social media. U.S. Bank Encourages Social Networking Among Small Businesses Via Facebook October 19, 2011The bank recently launched the "Look Up With US" Facebook challenge to give small businesses a chance to network with each other and to win $5,000. Social Business: 4 Ways Social Media Is Transforming Banking October 05, 2011Social networking may have started out as a light-hearted social experiment, but it has evolved into a full-blown sales and marketing platform for banks. Microlending and Social Media: Competition Between Banks and Non-Bank Lenders September 26, 2011Banks should use the power of Facebook and Twitter to propel their micro-lending business. Social Media Used in Full Force During Irene September 01, 2011Increasingly, financial institutions are turning to Facebook and Twitter to communicate with customers. Capital One Launches Android Mobile Banking Application August 08, 2011Capital One launches Android mobile banking application; adds app to digital offerings that include iPhone app, SMS text, chat, Twitter and Facebook. Social Media Expertise Is A Joke May 19, 2011Everyone's talking social media, but no one has all the answers. Want to reap the benefits of increased customer sentiment, transparency, trust and recommendations that social media offers? Don't worry about the ROI. Dive in and give it a try.