July 31, 2007

Financial Companies are Embracing RSS Feeds

Financial institutions are reaching out to clients using RSS feeds. While banks and financial institutions are usually slow to adopt new technology, that is not the case with RSS adoption. More and more professionals are using RSS in innovative ways, to stay ahead of their competition.1. Bank Rate ChangesBankers are using RSS to communicate bank rate changes. Feeds are updated regularly to reflect changes to adjustable rate mortgages or the interest rate for CDs.example: Federal Reserve www.federalreserve.gov/feeds/2. Stock MonitoringStock analysts monitor stock market changes using RSS feeds. As specific stocks and bonds rise and fall RSS feeds are updated. Many of the tools allow you to customize RSS feeds selecting the stocks or mutual funds that you wish to monitor.example: Smart Money - www.smartmoney.com/rss/3. Mortgage RatesCustomers seeking housing can monitor mortgage rates through a variety of lenders using RSS feeds. Rate changes appear in the RSS feeds as the new rates are announced.example: Long and Foster - homes.longandfoster.com/RSS/RSS.aspx4. Employment OpportunitiesMembers of the finance industry can monitor job opportunities using RSS. As new jobs in the financial industry become available the job listings appear in the RSS feed.Example: 4 Finance Jobs - www.4financejobs.com/show_content.php?id=11445271975. Currency Exchange RatesBanks, financial institutions and economists can […]

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