Banks Lead Way Into Social Media Utilization

A pair of recent reports reveal how prospective financial services customers are using social media and how financial institutions are capitalizing on the trend.

Budgets for social media will increase this year at two-thirds of the nation’s banks, according to a recent survey of depository financial institutions.

Plans to increase spending on social media resources during 2017 reflect the significance of the medium, with three-quarters of bankers calling it important.


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From:: Financing

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