NetSpend’s Social Media Program Now SEC & FINRA Compliant with Socialite from Actiance.

There is a growing concern among financial services firms that unmonitored social media activity could cost them millions of dollars in fines from regulatory agencies. Firms are required to control what their employees say online or face the consequences. When the marketing team at NetSpend (NASDAQ: NTSP), one of the country’s leading providers of general-purpose reloadable (GPR) prepaid debit cards, made moves to proactively engage customers through social media channels, ensuring security and compliance was a vital prerequisite. The company turned to Socialite from Actiance because of its granular controls and its quick-to-deploy, software-as-a-service (SaaS) configuration.


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NetSpend’s Social Media Program Now SEC & FINRA Compliant with Socialite from Actiance.