Social media

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/Social media

Paycento lets users pay for digital content through Twitter, Facebook

Belgian start-up Paycento has unveiled a platform that lets companies accept payments for digital goods and services through Twitter and Facebook.

/Social media

Is it possible to make money out of social media?

That's the question we'll be asking at the launch of Finextra's second annual Social Media Day event on 25 April at Thomson Reuters' meeting centre in Canary Wharf.

/Social media

Private banks 'amateurish' on social media - assetinum

Private banks have amateurish social media strategies, often failing to establish anything more than a token presence on Facebook, Twitter and YouTube, according to research from investment portal assetinum.

/Social media

Researchers link tweets to stock prices

Researchers have outperformed the Dow Jones Industrial Average with a trading model built on data culled from Twitter.

/Social media

NetBank Electronic Receipt scoops top honours in CommBank's IdeaBank contest

A 22-year old industrial design student from Brisbane has won Commonwealth Bank's 'future of banking' crowdsourced IdeaBank contest with a proposal that would enable consumers to store, view and print receipts electronically through their online banking account.

/Social media

Fedspeak comes to Twitter

The Federal Reserve is to distill its typically cryptic statements on economic issues to 140 characters with the launch of an official Twitter account.

/Social media

Bank employees bombarded with foreclosure-slamming Facebook ads

American advocacy group Rebuild the Dream is buying up Facebook ads targeting Freddie Mac and JPMorgan Chase employees, telling them the "truth" about the consequences of foreclosure policies.

/Social media

Social trading network eToro secures $15 million funding round

Social trading platform eToro has raised $15 million in a funding round led by Spark Capital.

/Social media

Thomson Reuters launches social media sentiment analysis service

Thomson Reuters is adding information and sentiment analysis from social media sites and blogs to its machine-readable news service.

/Social media

American Express syncs cards to Twitter for hashtag discounts

American Express is to offer cardholders the ability to sync their plastic to Twitter so that when they tweet using special offer hashtags, couponless savings are loaded directly to their cards.

/Social media

Barclaycard US crowdsources customer input for new credit card

Barclaycard US has unveiled a crowdsourced 'social credit card' that will have its features shaped by an online community of users.

/Social media

Google scrapped plans for virtual currency over regulatory concerns

Google chairman Eirc Schmidt says the Internet search giant once considered creating its own peer-to-peer money system, dubbed Google Bucks, but binned the idea because of regulatory concerns.

/Social media

AmEx launches Serve app for P2P payments on Facebook

American Express has launched a Facebook app for its Serve digital wallet platform, enabling customers to send, receive and request money from directly within the social network.

/Social media

Standard Bank draws fire for FNB tweets

Standard Bank's decision to tell the Twitterverse that it planned to take rival FNB to South Africa's Advertising Standards Authority (ASA) appears to have backfired, drawing scorn on the social networking site.

/Social media

Vidivici launches community-powered investment search engine

UK start-up Vidivici has launched a beta version of its community-powered investment search engine, which pools the views of users, examines them and then taps the data to offer tailored trading advice.

/Social media

Wisdom of the crowds? First direct Web site revamp gets mixed reviews

UK bank first direct has overhauled its Web site after collecting ideas from customers through its crowdsourcing portal.

/Social media

American Express partners Twitter for small business advertising roll-out

American Express is partnering with Twitter to give away $1 million in free advertising to small businesses who sign up for a new promotional service on the microblogging Web site.

/Social media

Economists get romantic with #FedValentines

Romance and humour may not be qualities typically associated with the Federal Reserve but economists have taken to Twitter to show their creative sides under the #FedValentines hashtag.

/Social media

ANZ adds to Oz job misery; Westpac accused of 'censoring' Facebook complaints

Australia's ANZ is to cut 1000 middle management, back office and support jobs by the end of 2012 in response to higher costs, regulatory demands and weakened consumer buying.

/Social media

Facebook inks deal with mobile billing outfit Bango

UK-based mobile billing and analytics firm Bango says it has signed an agreement to "provide payment services to Facebook".