Latest Social media News: Finextra Research

HSBC taps facebook for student bursary competition

HSBC is bidding to bag young customers with a competition on facebook giving students the chance to win £15,000 bursaries.

24 August 2010

News/Social media

Lending site for small businesses launches

Funding Circle, an online lending marketplace dubbed Zopa for small businesses that lets firms and savers bypass banks, has launched in the UK.

23 August 2010

News/Social media

Kids money management site launches

MoneyBunny, a Web site using stories, video and audio podcasts and online colouring pages to help teach young children about financial skills has launched.

13 August 2010

News/Social media

Finextra takes a stand at Sibos 2010

Finextra is to move from a virtual backstage presence at this year's Swift international banking conference, to a live interactive studio at the heart of the Sibos 2010 exhibition floor in Amsterdam.

30 July 2010

News/Social media

Semenchuk quits as Citi moves tech innovation unit to Silicon Valley

Citigroup has shaken up its Growth Ventures and Innovation Unit as it looks to tap emerging technology from Silicon Valley tech firms to revitalise its retail banking operations.

28 July 2010

News/Social media

Barclays launches online game

In a bid to attract teenage customers, Barclays has launched an online game that sees players arrive in a virtual city broke and improve their status through work and sound money management.

26 July 2010

News/Social media

Firms that shun social media are missing out - studies

Companies failing to use social media to reach their customers and employees do so at their own peril, according to a study from Yankee Group for Siemens Enterprise Communications.

21 July 2010

News/Social media

Comcast's Twitter guru Frank Eliason joins Citi

Frank Eliason, who gained a reputation as a "Twitter guru" in his previous role at US cable, phone and Internet provider Comcast, has been hired by Citi to lead its social media efforts.

21 July 2010

News/Social media

Regulators turn up the heat on social media-linked scammers

The US Financial Inustry Regulatory Authority (Finra) has warned investors to be on their guard against social media-linked ponzi schemes, in which scam artists use YouTube, Twitter and facebook to promote high-yield investment programmes (Hyips) with the promise of unrealistically high returns.

16 July 2010

News/Social media

Venezuela's Twitter bank rumour-mongers face jail terms - report

With speculation about potential government intervention in private banks raging, Venezuela's vice president has warned that people spreading "rumours" online though Twitter and blogs face up to 11 years in jail.

07 July 2010

News/Social media

PFM pioneer Wesabe goes to the wall

Personal financial management pioneer Wesabe is to shut down its operations after running out of money.

01 July 2010

News/Social media

Twitter settles FTC security charges

Twitter has agreed to settle Federal Trade Commission (FTC) charges that it deceived consumers and put their privacy at risk by failing to safeguard personal information.

25 June 2010

News/Social media

New players beat traditional banks in public trust stakes

With traditional high street banks losing public confidence in the wake of the financial crisis, online provider first direct and P2P lender Zopa have taken advantage to emerge as the industry's most trusted players, according to research from Moneywise magazine.

18 June 2010

News/Social media

FSA warns on social media financial promotions

The FSA says financial firms must ensure they provide appropriate risk warnings when using new media such as social networking sites, blogs and forums to promote products and services.

15 June 2010