PYMNTS

DECEMBER 16, 2020

Social media fraud has been on the rise during the past year. Such schemes entail fraudsters falsely advertising offers from restaurants on social media, then duping victims into paying for them and absconding with the funds. Developments From The Mobile Order-Ahead World.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

NOVEMBER 9, 2020

million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister. Foreign companies operating in Turkey that reach more than 1 million people daily have been told about some of the rules they need to comply with,” Sayan said on social media.

Regulation 211

Regulation social media Compliance California 211

PYMNTS

SEPTEMBER 17, 2020

The Libra Association has named James Emmett as managing director of Libra Networks, the association’s operating company subsidiary. Emmett previously was the top executive of HSBC Bank plc and Europe, where he was responsible for HSBC's UK Wholesale Bank and operations across Continental Europe, Sub-Saharan Africa and Bermuda.

Management 142

Management social media Leadership California 142

PYMNTS

DECEMBER 11, 2020

Sheryl Sandberg, chief operations officer of Facebook, is pushing back against two antitrust lawsuits filed against the social media giant, CNBC reported on Friday (Dec. The M&A landscape has been quiet due to the pandemic, with deal making down 70 percent from 2019, with just 40 transactions.

social media 205

social media Digital Banking Groups Innovation 205

Bank Innovation

FEBRUARY 5, 2019

Time is running out to apply for Bank Innovation’s DEMOvation Challenge, in which fintech startups demo before a crowd of conference attendees in hopes of earning their vote and walking away with prizes. The application deadline is Friday, February 8. Apply here.

Conference 170

Conference Fintech social media Operations 170

PYMNTS

MAY 26, 2020

Although Libra is often called the “Facebook coin,” the social media giant isn’t involved in any decision making. Public opinion of how they see those two things interacting definitely influences the environment in which we operate, so I think it’s important,” he said. The stablecoin is overseen by a 27-member association.

blockchain 170

blockchain social media Report Operations 170

PYMNTS

JANUARY 28, 2021

Generating the funds to pay for their operations often requires novel strategies, however, as most of these organizations can no longer hold in-person galas and other fundraising events. Social media-based campaigns are also proving to be especially useful during the health crisis.

social media 199

social media Payments Tools Report 199

PYMNTS

FEBRUARY 6, 2020

The social media giant said it used the app as one of its market intelligence tools and that it notified users of all data collection activities. Based on Facebook’s 2019 revenue, those fines could exceed $7 billion. This information gave Facebook insider information about its competitors.

social media 131

social media Data Software Meeting 131

Insights on Business

JULY 17, 2019

It’s gratifying to see IBM once again positioned in the Leaders Quadrant of the 2019 Gartner Magic Quadrant for IT Risk Management, released on July 3 rd for its OpenPages with Watson solution.* Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 03 July 2019. Learn more at ibm.com/RegTech.

Risk Management 110

Risk Management Management Report Compliance 110

PYMNTS

FEBRUARY 11, 2020

The FTC is investigating Apple, Amazon, Facebook, Alphabet and Microsoft over antitrust implications, and it recently asked the companies to turn over information regarding takeovers of smaller companies between the years of 2010 and 2019. It also wants to examine how the smaller companies operated post-acquisition.

social media 133

social media Apple Technology Company 133

PYMNTS

APRIL 2, 2020

Financial institutions (FIs) face a perennial challenge in their day-to-day operations — convincing customers to use their products and services rather than a competitor’s. billion spent on TV advertising in 2019 illustrates. billion in 2019 and is projected to total $62.1 Big Data analytics reached a market valuation of $29.87

Analytics 237

Analytics Data Big Data social media 237

PYMNTS

MAY 26, 2020

Tencent Executive Vice President Dowson Tong said in an interview with state media that the company also wants to put money into experimenting with blockchain, servers, big data centers, supercomputer centers, Internet of Things (IoT) operating systems, 5G networks and quantum computing. The company had a total net revenue of $15.2

social media 151

social media Big Data blockchain Online 151

Insights on Business

FEBRUARY 13, 2019

They use the Bradesco infrastructure, but they operate in parallel. At IBM Think 2019, Henrique Albuquerque from Bradesco Research and Innovation offered insight into how Bradesco is transforming by focusing their entire business structure around the customer journey. –> Browse more Think 2019 financial services blogs.

Albuquerque 152

Albuquerque Digital Banking Millennials social media 152

PYMNTS

FEBRUARY 5, 2020

That’s a bad moon rising for some Big Data operators. In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. That sum is more like a friendly reminder to Google, which did $40 billion in revenue in Q3 2019.

Google 288

Google Data Regulation social media 288

PYMNTS

DECEMBER 29, 2019

Entertainment has been taking on new forms as social media and tech evolve. Called Stadia , it was eventually released later in 2019, albeit to a rocky start and skepticism from those familiar with internet streaming platforms. The theater, which had been operating since 1948, closed in August.

Google 132

Google New York City eBook social media 132

PYMNTS

AUGUST 25, 2019

Kohl’s is teaming up with the social media giant to uncover emerging brands that millennial shoppers consider cool. Gass also noted the company expects the Amazon returns program to make a positive contribution to operating income in 2019.

Millennials 133

Millennials Data social media Branding 133

CB Insights

FEBRUARY 4, 2019

In 2019, drone pilots could become the next claims professionals, wearables could transform workers’ comp, and social media could enhance underwriting. We identified 15 P&C insurance trends to watch in 2019. Looking ahead, smartphone UBI promises to be an area of greater focus for the auto insurance industry in 2019.

Trends 60

Trends Analytics Data social media 60

Insights on Business

FEBRUARY 3, 2019

Trustmark, a leading US bank with 220 branches, faced critical challenges in its commercial and consumer loan operations. Simultaneously, using IBM marketing solutions, the bank transformed its front-office operations to deliver seamless omni-channel customer experience. –> Browse more Think 2019 financial services blogs.

Customer Experience 157

Customer Experience social media Case Study Video 157

PYMNTS

JULY 21, 2020

the parent company of Snapchat , has announced its second-quarter financial results, including an operating cash flow increase by $29 million to $67 million and an influx of 17 percent more daily active users for a total of 35 million more daily users, the company said in a press release.

social media 158

social media Video Innovation Google 158

PYMNTS

NOVEMBER 13, 2020

The intellectual property (IP) of Century 21 Department Stores is up for sale, including the company’s domain name, trademarks, social media assets, shopper data and more, according to an announcement from Hilco Streambank , which focuses on the sale of IP assets. Century 21 stores announced on Sept.

United States 126

United States New York New Jersey social media 126

PYMNTS

OCTOBER 13, 2020

And, while terrorist use of cryptocurrency is still evolving, certain terrorist groups have solicited cryptocurrency donations running into the millions of dollars via online social media campaigns.”. The report relays a series of anecdotes, such as Ponzi schemes and other fraudulent methods , and points out that in 2019, over $4.5

cryptocurrency 206

cryptocurrency United States social media Regulation 206

PYMNTS

OCTOBER 10, 2018

Toys will be featured at the front of the shop, while the back will be an “experiential” area where visitors can take photos to share on social media. The company did generate operating profits — and without debt, its profitability would be easier to maintain,” Seth R.

New York City 116

New York City New York social media Retail 116

PYMNTS

APRIL 24, 2020

Shifting In-Branch Operations. noted on its social media accounts that it would be shuttering many of its branches and changing its hours of operation, and American bank JPMorgan Chase announced plans to close about 20 percent of its locations. British FI Nationwide U.K. British FI Nationwide U.K.

Technology 248

Technology ATM Video Tools 248

PYMNTS

JULY 30, 2019

This new push for funding marks only the latest development in India’s retail game, which has led to growth for homegrown players and also attracted some of the biggest digital operators in the world. Amazon’s Moves. Take Amazon, for instance. The kiosks could be the early stage of Amazon creating more of a physical retail presence in India.

Retail 108

Retail social media eBook Report 108

PYMNTS

SEPTEMBER 11, 2019

Jamal El-Hindi, the deputy director of the Financial Crimes Enforcement Network (FinCEN), spoke at the 2019 Money Transmitter Regulators Association Annual Conference on Wednesday (Sept. And any operations that they begin should be in compliance with our rules at the start.”.

social media 116

social media Compliance Innovation Regulation 116

PYMNTS

JULY 23, 2019

The Americana Group currently operates 29 food production sites as well as 1,800 restaurants in the Middle East. The coffee chain has invested in offering discounts, fast delivery, lower prices and promotions on social media. Luckin plans to open a total of more than 4,500 stores by the end of 2019.

social media 101

social media Strategy Groups Report 101

PYMNTS

MARCH 20, 2020

Malware targeting computers running the Windows 7 operating system were especially hard-hit, rising 125 percent, according to the report. Phishing attempts surged 640 percent last year alone, with hackers placing malicious URLs on domains such as Apple, Dropbox, Facebook, Google, Microsoft and PayPal, according to a recent report.

Industry 225

Industry Fraud social media Security 225

PYMNTS

OCTOBER 14, 2019

In other news, the Marco Polo Network has announced that it has secured its first Russian-German import-export operations financing project. We expect Marco Polo to ensure seamless collaboration of several sides engaged in international trade operations (banks, suppliers, insurance companies, etc.)

Taxes 109

Taxes blockchain Bitcoin social media 109

Bank Innovation

APRIL 22, 2019

The Liftoff 2019 Mobile Finance Apps report, released earlier this month, showed that finance-focused mobile apps retain more users than retail, media, dating […].

Mobile 186

Mobile Report Industry Video 186

PYMNTS

JULY 16, 2019

Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. For other companies, GDPR is the main concern as they move to expand operations within Europe.

Strategy 188

Strategy social media Regulation Retail 188

PYMNTS

APRIL 27, 2020

Sixty percent of FIs in one 2019 survey reported that they were already running at least some of their financial applications on private or public cloud environments, and an additional 18 percent planned to migrate their operations to the cloud within the next two years. Global banking revenues are expected to reach approximately $5.4

Digital Banking 248

Digital Banking Tools social media Mobile 248

PYMNTS

SEPTEMBER 30, 2020

By contrast, Big Lots registered an adjusted net loss per share of 18 cents in Q3 fiscal 2019. Our assortment remains well positioned against customer demand, our Operation North Star initiatives continue to gain traction, and early reads on Christmas are very encouraging.”. GoDaddy Unveils eCommerce Feature For Facebook, Instagram.

Retail 189

Retail social media US Marketing 189

PYMNTS

SEPTEMBER 28, 2020

The FinTech ecosystem within Saudi Arabia has been expanding steadily over the past decade, for example, with more than 60 FinTechs now operating, compared to the 20 companies operating within the country in 2019. The country’s Data Protection Law was announced in 2019 and officially came into effect in July 2020.

Online 151

Online Report Payments Regulation 151

PYMNTS

JULY 1, 2019

It seems 2019 is a critical moment, as these projects begin to take effect and demonstrate their full potential. The industry in Haiti is a perfect example of blockchain’s application, not just for commerce, but as a catalyst for social change by ensuring quality, fair conditions and reduced economic volatility.

Bitcoin 100

Bitcoin blockchain social media New York 100

PYMNTS

JANUARY 30, 2020

Another hair in the soup is Generation Z’s increasing preference toward social media marketplaces that eschew established eCommerce platforms entirely, forcing these businesses to change tactics. Uber may be facing significant operational changes in California, however, due to a new law that reclassifies many contractors as employees.

Miami 132

Miami social media Case Study Chicago 132

PYMNTS

JANUARY 6, 2020

According to a report , the Fire TV platform from the eCommerce operator “now has over 40 million users. That’s up from the 34 million it claimed in May 2019 and more than the 32.3 million active accounts Roku reported during its Q3 2019 results this past November.” Google’s Move.

Industry 130

Industry Google social media Samsung 130

PYMNTS

JANUARY 20, 2020

“While it’s unclear yet if Papyrus’ e-commerce site and wholesale business will remain in operation, the business will be conducting liquidation sales at its stores.”. The greeting card industry could bring in as much as $933 million this Valentine’s Day [2019], up a bit from last year’s estimated $894 million.”

Retail 183

Retail Millennials Cards social media 183