The Banktastics

Download this video

Thanks for checking out this episode of BanktasticTV’s “The Burst.” Here are some important notes about this episode:

Feedback from the BanktasticTV Survey
We asked for your feedback recently about the shows we feature on the Banktastic Blog. We got some great answers about our content, so a huge thank you to all that filled out our survey! If you have any thoughts on any of BanktasticTV’s shows, you can still share them with us! Click here to give us your feedback!

Q&A: Why do bankers give regulators control?
Brad asked a great question on Banktastic recently that he wanted to bring up to our viewers. Why do bankers focus more on satisfying regulators than satisfying their customers? Many institutions develop with regulators in mind, which seems to be very backwards. This was a hot topic at BarCampBankDallas. One company had a team that developed new ideas without being bothered by concerns of regulation. This kind of thinking leads to better products & services for your customers. If you’ve got any thoughts on this discussion, please post your comments under this question on Banktastic.

Website of the Week: Jwaala
It’s been a while, but the website of the week is back! Jwaala, based out of Austin, TX, is an innovative company that provides creative solutions for banks, credit unions and all of their customers (…and members). This company actually won Best in Show at Finovate Startup this past April. One feature that Brad touched on was HomeDeposit, which allows bank customers to deposit checks from home, get the money now, and mail the checks in to their institution later! To check out more of their products, click here! This is definitely a company to look into if you’re wanting to give your customers better solutions.

Subscribe to Banktastic on iTunes
All of BanktatsicTV’s shows are available on iTunes now! Click here to access our podcast page to subscribe, or open iTunes and search “BanktasticTV.”

Email Us!
Feel free to email comments or suggestions about “The Burst” to brad@banktastic.com, or post your thoughts on the Banktastic Community.

See you next week!

-The Banktastics

Download this video

Thanks for checking out this episode of BanktasticTV’s “The Burst.” Here are some important notes about this episode:

ICBA of New Mexico IT/Operations Conf.
A huge thanks to the Independent Community Bankers Association of New Mexico for holding such a great conference and having Brad as a Keynote presenter. Brad had a really great time and got to talk to a lot of interesting bankers in the process.

The main topic of this episode is the regulatory pressures banks face and how those pressures prevent banks from stepping outside the box and exploring social media. We’re all very adamant about utilizing social media, and it’s a shame that banks are afraid to try implementing any new technology due to regulations. As Brad said, you don’t necessarily have to jump off head first and create your own social community online. You can very easily connect with your customers online through something as simple as a blog.

Banks definitely need to get on board and try harder to get involved online. There are ways you can try out social media without compromising your security - others have done it just fine! It just takes a good try.

If you ever have a question about utilizing social media for your bank and need some good feedback, we’d encourage you to check out Banktastic.com to see what information is out there. And if you can’t find what you’re looking for, ask the community and start a conversation. Banktastic is a great starting point for learning about social media and FIs.

Subscribe to Banktastic on iTunes
All of BanktatsicTV’s shows are available on iTunes now! Click here to access our podcast page to subscribe, or open iTunes and search “BanktasticTV.”

Email Us!
Feel free to email comments or suggestions about “The Burst” to brad@banktastic.com, or post your thoughts on the Banktastic Community.

See you next week!

-The Banktastics