Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Social Media Becomes Place of Praise and Criticism for Banks during Crisis
ShareTweet
Home
Fintech
Social Media Becomes Place of Praise and Criticism for Banks during Crisis

Social Media Becomes Place of Praise and Criticism for Banks during Crisis

Emily Donato·
FintechNews RoundupUSA
·May. 6, 2020·1 min read

Banks are dealing with a myriad of issues trying to service customers during the pandemic with less staff and less branches; social media adds another venue for customers to vent frustrations or heap praise; response times are not much faster on social than email or phone, even with the public pressure online; “The typical strategy is to say, ‘We would love to help, please direct message us and we will ask for more details,’” Steven Ramirez, CEO of Beyond Arc, said to American Banker. “What I have seen is people say ‘Hey, I DM’ed you two days ago and I still haven’t received any response.’”; banks are trying to beef up their social teams to handle the increased number of messages; “The banks that we’re seeing have the most success recognize that banking is a very personal business where customers are looking for a trusted advisor,” Doug Wilber, CEO of Gemini Social, said to American Banker. “The degree to which they can humanize their brands and empower their employees to be sharing content is really important right now.” American Banker

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts
Tags
Beyond ArcCustomer Servicedigital bankingGemini Social
Related

Rory O’Reilly, Co-Founder and CEO of Knot, on connecting cardholders to merchants

Nico Simko, Founder & CEO of Clair on a different approach to earned wage access

Anthony Sharett, President of Pathward, on how to do banking-as-a-service right

Nubank’s Credit Loan Strategy: How It Works

Popular Posts

Today:

  • FundedFunded: Reevo lands $80M seed to unify GTM chaos into one AI-native system Nov. 7, 2025
  • FNFrom Inspiration to Action: Stefan Weitz and the Rise of HumanX Nov. 12, 2025
  • Ji KimThe Crypto Lobby Steps into the Limelight Nov. 13, 2025
  • keep-an-eye-on-these-female-fintech-founders 2 (3)Future of Fintech: Female Founders in Focus Aug. 14, 2025
  • Aidan CorbettWayflyer’s $5B Bet on Small Business Lending May. 1, 2025
  • ai-work-nexusWalkMe Vets Declare War on SaaS Bloat with $10M Seed for Autonomous Agents Jun. 10, 2025
  • SOLO CeoSOLO’s CEO on the data and banking dilemma Sep. 11, 2025
  • Sadi KhanInside Aven’s Founder Chic: Sadi Khan on Equity, Credit, and Cognitive Load Oct. 2, 2025
  • Dispatch from VegasOverheard in Vegas Mar. 13, 2025
  • Check-and-gusto-logoPayroll Is a Nightmare. Can Embedded Finance Fix It? Mar. 27, 2025

This month:

  • FNFrom Chatbot to Checkout: AI’s Leap Into Commerce Nov. 5, 2025
  • Sadi KhanInside Aven’s Founder Chic: Sadi Khan on Equity, Credit, and Cognitive Load Oct. 2, 2025
  • 197BREAKING: Money20/20: The Download Oct. 28, 2025
  • Thomson NguyenSaga Ventures’ $125M Bet on Pandora’s Box Oct. 22, 2025
  • Multiply CEO MichaelMultiply Mortgage CEO on AI’s move into housing finance Nov. 6, 2025
  • FNWhy Your Loan Portfolio Models Are Lying to You (And What to Do About It) Nov. 4, 2025
  • HRWorktech founder roundupThe Future of Work: 5 Leaders Redefining HR and People Processes with AI Oct. 29, 2025
  • LA Tech WeekBehind the Curtain of LA Tech Week Oct. 22, 2025
  • Fintech Nexus – Newsletter Creative – Bizcap 8fig acquisitionThe rise of the AI-backed lender: How Bizcap’s 8fig acquisition signals a new era in SME funding Oct. 23, 2025
  • Renata CaineGreen Dot’s GM of Embedded Finance on Banking Transparency Oct. 28, 2025

  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2025 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results