Articles in Web 2.0
Does the “long tail ” principle apply to banks as well? We found a very inspiring article by Brett King on the Huffington Post, What The Beatles’ Success on iTunes Means for Banks, where the author discuss the implications of digital vs. physical distribution for banks.
Dan Robles, the Director of The Ingenesist Project, share with this video a provoking thought: since people are trading knowledge assets in social media why not developing an alternate financial system that can capitalize the knowledge assets in social media?
Are banks innovating in the right areas? Has the innovation in product produced greater customer satisfaction, higher margins and better banking? The recent infographic compiled by Brett King, author of the book Bank 2.0, is particularly useful to bring more food for thought on this topic.
One of the most important trends in the online/mobile world is the so-called real-time web. For several reasons in the banking world information delivery has been limited to non-real time updates. However since we are all becoming accustomed to the streaming capabilities of twitter, Facebook, RSS, etc will soon want similar delivery of financial info.
Innovation is not the DNA of the average banker. A very illuminating article written by Chris Skinner on the topic of Bank and innovation can be found on the Financial Services Club Blog.
Financial Institutions need to increase their usage of Social Media and engage in online conversations with their customers, as focus on social networking will be essential to their future over the next five years.
Bank 2.0 Conference – Gustaf Brandberg
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