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:

  • Darren Louie (1)OPINION: AI is about to get your credit card. Who signs off? Mar. 26, 2026
  • peter2The Flipping Point: Why Fintech Meetup 2026 Marked the End of AI Hype Apr. 6, 2026
  • What is Really Going on With Private CreditWhat is Really Going on With Private Credit Apr. 30, 2026
  • FNOura’s CEO Tom Hale on Democratizing Health with AI and Data Mar. 12, 2026
  • How Traversal Prevents Million-Dollar OutagesHow Traversal Prevents Million-Dollar Outages Apr. 30, 2026
  • FN articleVisa’s Director of Product Management on BNPL’s Future Jul. 22, 2025
  • FN 10:14OPINION: Fintechs and Neobanks are Driving the Next Era of Stablecoin Usage Oct. 14, 2025
  • fundedBeautiful.ai lands $45M to turn prompts into polished decks Mar. 20, 2026
  • FN1Pigment co-CEO Eléonore Crespo wants to give CFOs superpowers Mar. 19, 2026
  • FN1No Backspace in the Physical World – Building AI for 5,000-lb Machines Apr. 9, 2026

This month:

  • peter2The Flipping Point: Why Fintech Meetup 2026 Marked the End of AI Hype Apr. 6, 2026
  • FNCombining Households in the Era of Modern Money Management Apr. 23, 2026
  • FN1No Backspace in the Physical World – Building AI for 5,000-lb Machines Apr. 9, 2026
  • HumanX_recapHumanX: Between Prophecy and Procurement Apr. 9, 2026
  • Alloy President Laura SpiekermanAlloy President Laura Spiekerman on Agentic AI and Identity Risk Apr. 2, 2026
  • HumanXOverheard At HumanX 2026 Apr. 16, 2026
  • What is Really Going on With Private CreditWhat is Really Going on With Private Credit Apr. 30, 2026
  • How Traversal Prevents Million-Dollar OutagesHow Traversal Prevents Million-Dollar Outages Apr. 30, 2026
  • Darren Louie (1)OPINION: AI is about to get your credit card. Who signs off? Mar. 26, 2026
  • NumosFunded: Numos raises $4.25M to make AI accountable to finance teams Apr. 3, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 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