Banks see Google as biggest threat to business

Virtual currencies, mobile wallets and Facebook transactions are just some of the innovations being introduced by retail banks concerned about being left behind by trends in social networking and mobile computing, according to a survey of the industry.

Some banks have already attempted to embrace social media, with one bank offering a higher saving rate depending on how many Facebook “likes it gets” and another using motion capture and virtual reality to draw in passersby.

Read more at CNBC

Banks see Google as biggest threat to Business

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s