A Start-Up Company Helps Banks Use Social Media

Hearsay Social is a Silicon Valley start-up that focuses on helping financial and insurance firms use social media to network and gain business without coming under fire from regulators. Among other products, Hearsay offers software that has a library of approved content to post to social media, and that allows custom employee messages to be approved before publication. Hearsay raised another $30 million from investors this week and plans to expand to the UK this year.