Latest Social media News: Finextra Research

European FS industry not making most of customer data - Finextra survey

Customer data is still a misunderstood and underused asset at European financial institutions, seen by many as a purely compliance issue rather than a potential source of revenues, according to a Finextra survey commissioned by Capco.

24 October 2012

News/Social media

Kickstarter comes to the UK

Crowdfunding site Kickstarter will launch in the UK at the end of the month, providing a platform for Brits to raise funds for projects.

11 October 2012

News/Social media

Noor Islamic Bank opens 'bank of the future' competition

Dubai's Noor Islamic Bank has launched an online 'bank of the future' contest offering a $20,000 prize for the most innovative idea for improving customer service standards at the five-year old bank.

02 October 2012

News/Social media

The Netherlands gets new direct bank

A new online and mobile-centric bank, called Knab, has launched in the Netherlands, promising to use social media tools and technology to offer a more transparent and personalised service.

28 September 2012

News/Social media

Fintech start-ups urged to pitch for London innovation programme

Financial technology entrepreneurs are being asked to pitch their ideas for a London-based programme that will see them get assistance and advice from executives at major banks and venture capital companies.

24 September 2012

News/Social media

ICICI preps Facebook transactions

India's ICICI Bank will soon allow customers to make transactions through social network Facebook.

07 September 2012

News/Social media

OWS protesters regroup online ahead of anniversary action

Occupy Wall Street protesters are organising online as they prepare to mark the imminent one year anniversary of their arrival in Zuccotti Park by once again descending on New York's financial district.

29 August 2012

News/Social media

Australian and UK regulators warn on crowdfunding risks

Australian and UK watchdogs have both warned of the potential financial and regulatory risks for participants involved in the fast-growing crowdfunding sector.

14 August 2012

News/Social media

CBA Olympics terrorism YouTube ad bombs

Commonwealth Bank of Australia has been forced to remove an Olympics-related advert featuring a bomb hoax skit from its YouTube channel.

02 August 2012

News/Social media

UBS threatens Nasdaq OMX legal action as $357m Facebook IPO loss hits Q2 profits

UBS has warned Nasdaq OMX that it could take legal action to recover the CHF349 million ($357 million) it lost thanks to the exchange operator's "gross mishandling" of the Facebook IPO.

31 July 2012

News/Social media

Stocktwits founder accuses Twitter of hijacking over cashtags feature

Twitter has been accused of a 'hijacking' by Stocktwits founder Howard Lindzon after rolling out a 'cashtags' feature that enables users to click on stock symbols preceded by a '$' sign to find chatter on the relevant companies.

31 July 2012

News/Social media

London 2012: The social media Games

With the London 2012 Olympic Games opening ceremony just hours away, sponsors from the financial services world have been bombarding Facebook, Twitter and YouTube with promotional gimmicks in a bid to secure a return on their multi-million dollar investments.

27 July 2012

News/Social media

MicroVentures launches venture capital-themed Facebook game

Crowdfunding platform MicroVentures has launched a Facebook game in which real startups compete for players' virtual investments.

25 July 2012

News/Social media

Bank staff numbers to plummet as tech takes over - NAB executive

The number of people employed by banks will tumble over the next two decades as technological advancements such as mobile services make large parts of workforces redundant, according to a senior executive at Australian giant NAB.

24 July 2012

News/Social media

FNB launches banking via Facebook

First National Bank of South Africa has tied its mobile banking application to Facebook, enabling users to run the application from within the social media site.

20 July 2012

News/Social media

Casino flashmobs and ad spoofs: Barclays proves rich pickings for satirists

Real-world and online wags have been making the most of the Barclays Libor scandal and Bob Diamond's subsequent resignation this week, with a raft of satirical swipes at the disgraced bank doing the rounds.

06 July 2012

News/Social media

CBA brings Kaching social payments to Android; Facebook next

Commonwealth Bank of Australia (CBA) has launched an Android version of its Kaching social payments app and revealed that a Facebook option is in the pipeline.

05 July 2012

News/Social media

EU-backed group releases social media sentiment surveillance prototype

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 launched its first running prototype.

05 July 2012

News/Social media

#ByeBarclays flashmob descends on bank

As disgraced former Barclays chief Bob Diamond prepares to face a grilling from MPs over the Libor scandal, a flashmob has descended on one of the bank's London branches, with members withdrawing their money en masse.

04 July 2012

News/Social media

I'm a person, not a bank: tweeters mistakenly bombard @natwest

Among the many victims of RBS's systems meltdown over the last few days, the most unusual may be Natalie Westerman, a 22 year old woman who happens to go by the name @natwest on Twitter.

25 June 2012