All You Need To know About Bank Social Media Compliance

Posted by George Irish on January 7, 2016


The concept of social selling is simple: it aims to do away with traditional cold calls/emails by personalizing the whole concept. With LinkedIn, Twitter, Facebook and analytic tools, you have potential investors, employees, colleagues, clients and most importantly, customers, literally at your fingertips.

Many industries have taken to social selling like fish to water, but the banking industry in particular is facing some challenges. The governing body for financial institutions, the Federal Financial Institutions Examination Council (FFIEC), has released a press release regarding this that’s got some banks confused.  

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Topics: Social Media, social selling, bank compliance

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