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Social Media Banking; Is The World Ready?
Social media has become the biggest and most efficient media channel connecting the world. There are billions of people using social media on a daily basis. Founders of these sites probably never envisioned that the small creations they had developed a few decades ago would influence the world in such a big way as it has today. Initially, social media was a way to connect people using the internet, another revolutionary invention that has taken the world by storm. It was supposed to be a simple communication channel. However, today it has evolved to become entertainment, marketing, communication, and a banking channel. With these changing roles, the industry has attracted…