Comments on: Why Banks are vulnerable in the long run, to social networking http://thebankwatch.com/2007/06/28/why-banks-are-vulnerable-in-the-long-run-to-social-networking/ Tracking the evolution of financial institutions Wed, 15 Feb 2012 16:44:07 +0000 hourly 1 http://wordpress.com/ By: Colin http://thebankwatch.com/2007/06/28/why-banks-are-vulnerable-in-the-long-run-to-social-networking/#comment-11900 Sat, 30 Jun 2007 18:01:50 +0000 http://bankwatch.wordpress.com/2007/06/28/why-banks-are-vulnerable-in-the-long-run-to-social-networking/#comment-11900 Innovation is valued for most things, but not for names :-) my apologies.

]]> By: Ed Terpening http://thebankwatch.com/2007/06/28/why-banks-are-vulnerable-in-the-long-run-to-social-networking/#comment-11879 Sat, 30 Jun 2007 13:44:55 +0000 http://bankwatch.wordpress.com/2007/06/28/why-banks-are-vulnerable-in-the-long-run-to-social-networking/#comment-11879 I too am somewhat surprised that more US banks are taking advantage of social media. The many questions about compliance and fear about negative comments expressed by those in the audience I believe point to the reasons. Although it’s funny, all they have to do is read the comments on our blog to see what the reality could be for them. Oh well.

BTW, there are other small regional US banks blogging. There’s one in the Michigan area, I believe. When I get back to the office, I can let you know as I know my internal blog has it listed.

PS. I’m late to the party here because Google Alerts didn’t pick up your innovate way of spelling my name :-) You have an extra ‘n”, which, by the way, is closer to the original Dutch spelling of my family name.

]]> By: tinfoiling http://thebankwatch.com/2007/06/28/why-banks-are-vulnerable-in-the-long-run-to-social-networking/#comment-11764 Fri, 29 Jun 2007 02:24:21 +0000 http://bankwatch.wordpress.com/2007/06/28/why-banks-are-vulnerable-in-the-long-run-to-social-networking/#comment-11764 You’ve put into exactly where we are, that Social Finance will alter banking forever. The outcome is not known but to be in the middle of this change right now is exciting. Wesabe’s view of transactions and what they mean to people is really a key concept that just doesn’t go away when you think about it. It is revolutionary. Just by its nature it goes beyond any individual FI.

]]>