WhatsApp Deal Proves Banks Need to Embrace Social Mobile, and Fast
WhatsApp has 450 million active mobile users. JPMorgan Chase & Co. has 15.6 million, most among any bank in the US. WhatsApp has 32 engineers. JPM employs 260,000. That’s the deficiency of banks in...
View ArticleAmerican Express Kicks Off a ‘Behind the Scenes’ Instagram Campaign
American Express today kicked off a new Instagram effort to secure more followers. The new Instagram effort features three members of American Express’s social media team, who will post “behind the...
View ArticleAmerican Express is the Most Popular Financial Services Company on Instagram
The Instagram analytics service Nitrogram put together a list of the 50 most popular brands on Instagram — and there isn’t a financial institution to be found in the list. Same with the Top 100. And...
View Article10 Greatest iPhone Fintech Apps of All Time
Which are the greatest iPhone apps of all time? Even asking the question seems daunting. But that’s exactly the question Mashable posed — in truth, it upped the ante on that question. Specifically, it...
View ArticleIs Social Media Taking over E-Commerce? (Yes, And Facebook’s Already Winning)
If there’s one social platform out there that just might be able to steal e-commerce business away from Amazon, it’s Instagram–a visual, highly interactive and personalized platform that just added the...
View ArticlePayKey Wins Demo Contest at Bank Innovation Israel
TEL AVIV — PayKey, an intriguing Israeli startup that lets banks offer payments on any social media platform — and we mean any — won the demo contest at Bank Innovation Israel 2016 here this week....
View ArticleTop 5 Banks #Winning Social Media
EXCLUSIVE - For all the talk about appealing to millenials, not that many banks or FIs out there have figured out social media. Sure, most of them (if not all) use various social media platforms such...
View ArticleWhat the Sale of Baidu’s Banking Unit for $1.9B Says About the Future of...
Like everything in China, the purchase of Baidu‘s financial services unit by TPG Capital Management LP and Carlyle Group LP today is a big deal. It is also a deal that will require a big effort by the...
View ArticleFacebook Goes Hard at Blockchain
Facebook has formed a team to tackle blockchain initiatives. And it has put the former PayPal President David Marcus in charge of the effort. Marcus's involvement implies that the blockchain effort...
View ArticleHow Marcus by Goldman Sachs’s Marketing Campaigns Are Designed
Marketing for financial services is more than simply acquiring new customers with pretty packaging and cool Snapchat filters. Dustin Cohn, who heads brand marketing for Marcus by Goldman Sachs, said...
View ArticleInstagram Gets Into E-Commerce Business With Checkout Tool
After years of ogling beautiful images of food, fashion and design on Instagram, people will now be able to buy things they see and like directly through the app — providing instant gratification for...
View ArticleVenmo Revenue Growth Exceeds Analysts’ Predictions for Q1
PayPal's P2P service Venmo has exceeded analysts' first-quarter estimates in two key areas: annual revenue run rate and number of users, according to statements from PayPal's Q1 earnings call on...
View ArticleThree key takeaways from Facebook’s payments efforts
While Facebook’s digital currency project Libra has been the focus of recent media attention, the social media giant is making a major e-commerce payments play, with a focus on using Instagram and...
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