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Undressing in Public: Harnessing the Power of Web 2.0 to Rebuild Trust in Banking
from  IBM

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White Paper

Description:
This IBM Institute for Business Value study reveals how banks, once valued members of the community, can use Web 2.0 tools to rebuild trust by listening to customers and providing complete transparency. With features people are already using, like social networking, blogging, wikis and mashups, banks can help customers decide where to bank and make the process more rewarding.

IBM White Paper Sample

Banks have historically been trusted, valued members of the community, but globalization and new-age communications have combined to put distance between institution and customer. Rebuilding trust requires listening to customers and complete transparency. In a time of global financial turmoil, banks intent upon reconnecting with an increasingly diverse, fragmented and suspicious customer base should ”bare all” and use the varied and powerful tools of Web 2.0 at their disposal.

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