Latest Social media News: Finextra Research

I Robot: Thomson Reuters adds psych analysis to machine-readable news

Thomson Reuters is adding "psychological analysis" to its machine-readable news service, interpreting the emotion and sentiment of stories and social media posts to help investors develop trading strategies.

25 June 2012

News/Social media

Branch still best for personal attention and expertise - Cisco survey

Customers may be happy to carry out simple banking tasks online and through their mobile phones but when they need personal attention and expertise the old fashioned branch still wins out, according to a survey from Cisco.

21 June 2012

News/Social media

Facebook performs virtual currency about-turn; abandons Credits

Facebook is to abandon its Credits virtual currency platform in favour of a system which allows developers to be paid in a local currency of their choosing.

20 June 2012

News/Social media

StreamBase partners Gnip to integrate social data in CEP platform

StreamBase Systems has integrated its complex event processing (CEP) platform with Gnip, a provider of data from social media sites such as Twitter and Tumblr.

19 June 2012

News/Social media

Virtual branches and Facebook payments: Poland gets new digital bank

Poland's first digital bank has launched, complete with virtual branch, mobile, app, Facebook payments, personal finance management tools and an "entertainment area".

18 June 2012

News/Social media

UBS ponders Nasdaq OMX legal action over $350m Facebook IPO disaster - CNBC

Swiss bank UBS is weighing legal action against Nasdaq OMX after losing up to $350 million during the botched Facebook IPO, according to CNBC.

11 June 2012

News/Social media

Facebook rolls out mobile billing system

Facebook has moved to simplify the way developers charge for their mobile Web apps with the launch of a direct-to-carrier billing system.

07 June 2012

News/Social media

After closing Twitter-based fund, Derwent offers sentiment software to day traders

Having shuttered its Twitter sentiment-based hedge fund after just one month, Derwent Capital Markets is changing tack and opening up its technology to day traders through a Web site and mobile app.

25 May 2012

News/Social media

Facebook IPO fallout continues as investor sues Nasdaq OMX

Nasdaq OMX is being sued by an investor over its botched handling of the Facebook IPO, which saw trading delayed and failed order cancellations.

23 May 2012

News/Social media

AmEx and Zynga team on pre-paid card with Farmville rewards

American Express has partnered with social gaming giant Zynga to launch a co-branded pre-paid card linked to its Serve digital wallet.

22 May 2012

News/Social media

HSBC IT failure hits ATMs and card payments, tests social media strategy

Some UK HSBC customers were left unable to make card payments or withdraw cash from ATMs yesterday thanks to an IT hardware failure.

21 May 2012

News/Social media

Wells Fargo launches college planning community site

US bank Wells Fargo has opened an online community where students and parents planning for college can get money tips.

01 May 2012

News/Social media

Is this the toughest job in finance? Goldman Sachs seeks social media strategist

Goldman Sachs is on the lookout for a community manager and social media strategist to help the poster boy for Wall Street excess build a "positive online presence".

01 May 2012

News/Social media

Citi partners LinkedIn to develop professional networking group for women

Citi has launched a 'Professional Women's Network' group on LinkedIn, featuring curated content and moderated discussion for women who want get ahead in the workplace.

30 April 2012

News/Social media

Banks take first tentative Pinterest steps

Having established a reputation as the cool new kid on the social networking block, photo and video sharing site Pinterest has attracted its first bank users, with Banco Sabadell and Sate Bank & Trust both dipping their toes.

27 April 2012

News/Social media

Live: Social Media Day

Finextra's second annual Social Media day was held in London on Wednesday, with a line-up of speakers from banks and technology companies examining the practical application of the likes of Twitter and Facebook. For those of you unable to attend, we liveblogged the debate here.

25 April 2012

News/Social media

Twitter commerce start-up Chirpify raises $1.3m

Twitter commerce start-up Chirpify has raised $1.3 million in a series a funding round and launched a platform that lets musicians use the microblogging site to sell digital content.

24 April 2012

News/Social media

Scotiabank taps Facebook for 'richness' charity campaign

Scotiabank has launched a charitable campaign, donating C$1 for every Canadian who shares a Facebook photo or video that illustrates what 'richness' means to them.

23 April 2012

News/Social media

Twitter overtakes Facebook in FS firms' affections

Twitter has overtaken Facebook as the social network most favoured by financial services firms, according to analysis from Corporate Insight, which singles out American Express' use of the channel for special praise.

20 April 2012

News/Social media

Estimize challenges users to predict earnings results

Estimize, a US start-up that pools members' forecasts for earnings results at listed companies, has launched a competition offering cash prizes to its most accurate pickers.

16 April 2012