Banks are trying to save their online reputations

Perhaps no modern American pastime is as popular as trolling companies on social media. And behind airlines, hating on banks might be the most common. A recent Gallup Poll found that only 27 percent of U.S. residents have a “great deal” or “quite a lot” of confidence in banks. Now, some banks are trying to fight back.

“If you’re not monitoring your reputational risk online, you’re not only doing yourself a disservice, but probably ignoring something much bigger than you assume or believe to be important,” said Tim McCoy, vp of marketing and e-commerce at InTouch Credit Union.

The Texas-based credit union, which has 20 branches in five states, has been testing software developed by financial technology company Geezeo to monitor the social media review feeds of four branches.

Read the full story on tearsheet.co

 

https://digiday.com/?p=235848

More in Marketing

Pitch deck: How X’s ‘real-time’ factor has become the star of its latest pitch to advertisers

The social network is going back to its roots, pushing real-time conversations — and more importantly advertisers’ ability to target the ones they deem suitable.

As Google’s antitrust trial intensifies, the ad industry speculates the consequences of a potential breakup

The chatter after week one of Google’s ad tech trial is all over the map — some say it’s the start of a seismic shift, others write it off as background noise.

beauty stand

How Clinique launched on Amazon without cannibalizing sales from its other retail partners

Speaking at Digiday media’s Retail Media Strategies event on Thursday morning, Clinique exec Maiah Martin explained the intricacies of the brand’s wholesale retail strategy.