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How to Write a Social Media Policy for Your Financial Institution

Long Lasting Ideas

The expansion of social media in the workplace and for personal use has made it vital for financial institutions to include a specific social media policy within its policies and procedures. 8 Steps to Create Your Social Media Policy. IBM Social Computing Guidelines. Social Media Policy Database.

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10 Big Bank Marketing Lessons from the ABA Bank Marketing Conference

South State Correspondent

Most banks will target around 6% of revenues next year for their marketing budget, and banks with strong brands and marketing programs target above 7%. All involved in any marketing effort should understand if it is about branding, sales funnel acquisition, funnel movement, conversion, or retention.

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Banking as a Service gains unstoppable momentum, Finastra research shows

Bobsguide

BaaS represents a $7 trillion opportunity – distributors, including retailers, e-commerce firms and other consumer brands, are migrating towards BaaS solutions and expect overall growth to exceed 70% per year over the next three years; 60-70% of distributors want to increase their spending on financial partnerships (including BaaS). •

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Virginia Community Banker: LinkedIn Has Business Development Potential

Independent Banker

When it comes to social media, Bruce Gemmill, senior vice president of John Marshall Bank in Reston, Va., Gemmill has been on the social site for about eight years and was invited by other colleagues to join up. About three years ago, he started paying stricter attention to the business development potential LinkedIn presented.

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Saudi Credit Bureau Delivers Access To Loans For Millions with Score

FICO

We have been on a journey in Saudi since 2011, to grow lending and increase financial inclusion through the adoption of advanced risk assessment tools,” said Swaied Alzahrani, CEO of SIMAH. You can read more about this story in the full media release. SIMAH was the first to offer a scoring product in the country.

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Meet Our 2023 FICO Decisions Awards Judges

FICO

Martin Elliott has more than 18 years of lending strategy and product management experience in banking and financial services. Martin currently leads consumer lending and insurance products at BNZ, one of New Zealand's oldest, largest and most innovative banks. Mark Feeley, Research and Brand Director at Chartis.

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The 2023 GonzoBanker Awards

Gonzobanker

You are all aware we have detailed, sophisticated rules and methodologies we use to present these coveted awards – or, well, maybe we don’t. First, the Fed implemented the new Reg II for card not present transactions, costing every issuer of debit cards in the country millions of dollars to the benefit of … MERCHANTS.

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