As if financial institutions don’t already have enough to do to keep up with developments in social media! They must clearly outline company policy to employees concerning what should and should not be posted, inform agents of the regulatory do’s and don’ts, and continually scan the internet to respond to comments about their brand. Now, [...]

There has been some serious PFM activity taking place in the Canadian market. – May 31, 2010: RBC announces its myFinanceTracker solution (see blog entry here) – Dec 3, 2010: Mint.com officially launches in Canada – January 31, 2011: BMO announces MoneyLogic Given that there are only a handful of major financial institutions in Canada, [...]

I just returned from the RSA Conference in San Francisco. The turnout was quite strong and its encouraging to see the emphasis being placed on security and anti-fraud measures. I attended an interesting session on the security risks presented by social networking sites (e.g. Facebook, Twitter, etc.). Although the presentation was quite basic, it got [...]

I seem to be hearing a lot about Twitter these days. Maybe it’s because I cover Web 2.0 and social media at Celent. Or maybe Twitter is just getting a lot of press/media coverage. It’s probably a bit of both. For those who are in the dark, Twitter is a tremendously popular micro blogging site. [...]

There was an interesting article this morning in American Banker called, “E-Banking, Meet Social Networking.” After reading the article I came up with 2 conclusions: – Banks need to improve their personal financial management offerings (PFM). The article talks about how Geezeo is offering a white label version of its PFM software to banks. While [...]