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How important is a social media community in banking?

Abrigo

Much like the internet was once considered a fad, the same was said not so long ago about social media. The social network truly connects people. Clearly, those in the “social media is a fad” camp were mistaken. Which banks and credit unions are doing social media well?

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Executive Order Looms For Social Media Firms On Content? 

PYMNTS

The summary, according to the site, would direct the FCC to develop new regulations that would detail how the law may protect social media platforms as they move to take content off their sites – and to take those new regulations into account when investigating or filing suit against those firms. In the UK, Too.

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Under Armour Cuts Full-Year North America Revenue Forecast

PYMNTS

With its aggressive use of social media as well as its popular sweat-proof clothing, Under Armour has fought an uphill battle to stand out in a space that has been dominated by Adidas AG and Nike Inc. Nike posted a 7 percent jump the quarter ended in May for North America revenue, while Under Armour sales dropped 3 percent.

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Social media ambassadors, online education: How banks are courting Gen Z

American Banker

Bank of America and Clinton Savings Bank in Massachusetts are targeting consumers at a young age and hoping to keep them for life.

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Walmart’s Feeding America Campaign Encourages Omnichannel Giving

PYMNTS

.” that seeks to empower customers through in-store and online actions in an effort to raise money for 75 million meals across America’s food banks. each — the average price of a meal in a local food bank — to Feeding America.

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Facebook Looks To Boost eCommerce Platform With ‘Accelerator’

PYMNTS

Facebook is intensifying its push into eCommerce as demand grows for online shopping amid the coronavirus pandemic. The social media giant is launching an initiative aimed at startups interested in helping build out its online marketplace. On Monday (Aug. On Monday (Aug. 3), will run until Aug. 3), will run until Aug.

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Bank of America Adds New Features to Mobile App, Announces a New Partnership

Bank Innovation

EXCLUSIVE – Bank of America has rolled out a series of features and upgrades to its mobile banking app including a timely partnership for the holiday season with Blackhawk Network Holdings’ gift card marketplace Gift Card Mall.

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