Latest Social media News: Finextra Research

Dwolla lets users tweet money

Digital payments start-up Dwolla has rolled out a feature that enables users to tweet each other money.

13 December 2012

Facebook helps FBI take down $850m cyber-gang

Facebook has helped the FBI bust an international cyber-gang believed to be behind an 11 million computer-strong botnet that has cost more than $850 million in losses.

12 December 2012

News/Social media

BBVA ups its Game with Foursquare check-ins; Gartner plays down gamification hype

Spanish bank BBVA is to use social networking site Foursquare to enable online interaction across its physical branch network and encourage more customers to participate in its gamification efforts through the BBVA Game portfolio.

28 November 2012

News/Social media

OFT warns payday lenders as Wonga apologises to MP over Twitter abuse

As the UK's Office of Fair Trading (OFT) writes to payday lenders warning them over their conduct, the industry's most notorious practitioner, Wonga, has been forced to apologise to its fiercest critic, MP Stella Creasy, for a savage, anonymous Twitter attack.

22 November 2012

News/Social media

Start-up pitches social media analysis tool to traders

A new London-based analytics firm that trawls sites such as Twitter and Facebook for information that can be used to help investors, has launched.

13 November 2012

News/Social media

Retail banks increase innovation spending despite tough economy

Despite a tough economic climate, the vast majority of retail banks around the world are still increasing their spending on innovation, with online and mobile services seen as priorities, according to a survey from Infosys and Efma.

13 November 2012

News/Social media

Spend more on personal care and less on technology, wealthy customers tell banks

The UK wealthy are resisting engaging with their banks via new technologies in a bid to return to old school banking values, according to a YouGov survey of 1000 high net worth individuals.

12 November 2012

News/Social media

Sacked UBS bankers turn to drink and Twitter

Turned away from their offices yesterday morning with news that they had been laid off, London-based UBS bankers made their way to Twitter and the pub to bemoan their luck.

31 October 2012

News/Social media

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