Social media

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/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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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".

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Reuters opens social media hub

Reuters has launched a new social media hub, providing a real-time sentiment guide to what news, companies and people are hot on the Web.

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Garanti gives cardholders Facebook Credits

Turkey's Garanti Bank is to start offering its Bonus cardholders free Facebook Credits when they use their cards to make online and offline purchases.

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Facebook IPO: Payments biz 2011 revenues hit $557m

Facebook pulled in revenues of $557 million from its payments business in 2011 as its decision to force games developers to use its virtual currency bared fruit, according to the social network's IPO filings.

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Topsy Labs to release Twitter trading tool

Microblogging search outfit Topsy Labs is to release a Twitter sentiment analysis tool later this year to investors looking for guidance on stock-price moves after demonstrating impressive market-beating results on Netflix and Apple stock.

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ICICI launches Facebook banking app

India's ICICI has launched a Facebook app that lets customers carry out banking tasks without leaving the social network.

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Commonwealth Bank celebrates Facebook milestones

Commonwealth Bank of Australia is celebrating its one year anniversary on Facebook with a new milestone of over 100,000 fans.

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NAB pumps perfume into concept branch; faces Twitter backlash over sexist article

National Australia Bank has launched a high-tech concept branch in Melbourne, complete with its own NAB scent, pumped into the building to help relax customers.

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SEC charges adviser over LinkedIn scam; steps up guidance on social media

The Securities and Exchange Commission has charged an investment adviser with trying to sell $500 billion-worth of fictitious securities on LinkedIn and other social networking sites.

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Citi launches Facebook app for loyalty point pooling

US bank Citi has unveiled a Facebook application that lets customers pool their loyalty programme reward points.