Social media

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/Social media

TSB chief uses Twitter to blame HP server for IT meltdown

The CEO of TSB Bank has blamed an HP server failure for the meltdown which left Lloyds Banking Group customers unable to use debit cards and cash machines for several hours yesterday.

/Social media

Saxo Bank launches social trading community

Denmark's Saxo Bank has unveiled an online social trading community where investors can share and discuss strategies.

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Twitter said to near Stripe deal for e-commerce push

Twitter could finally be preparing to jump into the commerce arena through a deal with Stripe that would let it accept card payments for in-tweet payments, according to press reports.

/Social media

Nedbank using social media to win over rival bank customers

South Africa's Nedbank is using social media analytics tools to win customers from rival banks by monitoring their chatter on popular forums such as Twitter and Facebook.

/Social media

BofA offers to monitor Occupy protesters' social media activity for police

Bank of America offered up the services of its "social media trolling" team to US police last year, boasting that it could help gather intelligence on anarchists and Occupy Wall Street activists ahead of a planned demonstration.

/Social media

ASB celebrates 100,000 Facebook 'Likes'

ASB is celebrating becoming the first bank in New Zealand to reach 100,000 Facebook 'Likes' with a special donation to the Starship Foundation as determined by its Facebook community.

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RBC brings P2P transfers to Facebook Messenger

The Royal Bank of Canada (RBC) has added a feature to its iPad app which lets customers send money to their Facebook Messenger contacts.

/Social media

Leeds Building Society site offers cash for saving stories

Leeds Building Society is asking Brits to tell their "saving stories" on a new dedicated Web site and promising to chip in to help meet the goals when tales are shared via social media.

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'Punch bag' RBS fights back with proactive approach to social media

Its reputation in the gutter, the Royal Bank of Scotland has embarked on an aggressive, proactive social media programme designed to help win over disgruntled customers.

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Nationwide boldly goes where JPMorgan failed to tread

The day after JPMorgan got a pasting on Twitter over it's ill-conceived Tweet chat with vice chairman Jimmy Lee, the CEO of the UK's Nationwide has entered the fray, live-tweeting the bank's half-year results and taking questions from journalists.

/Social media

JPMorgan gets more than it bargained for in Twitter Q&A

JPMorgan has cancelled a Twitter Q&A session with vice chairman Jimmy Lee after people jumped on the opportunity to barrage the firm with mocking tweets, insults and nonsense.

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EU-backed social media sentiment project releases market surveillance tool

Project First, the European Union-backed research effort to find a way of extracting and analysing financial services-related sentiment from social media networks, has concluded with the launch of a prototype market surveillance system.

/Social media

La Caixa unveils social network for investors

Spain's la Caixa is bidding to boost take-up of its online broker service with the launch of a social network for investors, a range of new interactive tools, and revamped mobile and tablet apps.

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Starbucks launches 'tweet-a-coffee' service

Starbucks has teamed up with Twitter to launch a service that lets users tweet their followers and friends a virtual gift card that can be used instore to pick up a coffee.

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Man claims Twitter seizes @Chase handle, gives it to bank

Texan tweeter Chase Giunta says that Twitter has taken away his @Chase handle and given it to JPMorgan Chase.

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Money transfer service Azimo scores $1m funding

London-based online money transfer service Azimo has secured more than $1 million in a seed funding round led by e.ventures as it prepares to expand into Europe.

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HSBC tops UK bank social media customer service table

HSBC is Britain's most engaged bank on social media, using the likes of Twitter and Facebook to provide prompt customer service, according to research from IMGroup.

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Students to mentor Citi suits on digital strategies

In a twist on the mentor relationship, University of Miami students are preparing to take senior Citi bankers under their wings, teaching the suits about social media and digital technologies.

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ICICI Bank lets customers send money via Facebook app

India's ICICI Bank has launched a Facebook app that enables customers to send money to friends through the social network.

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Facebook rolls-out 'Autofill' payments feature for friction-free mobile shopping

Facebook has embarked on a limited roll out of a new feature that enables users to automatically enter their payment details for mobile shopping by simply using their social network log-in credentials.