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Burger King, Steak-umm And Next-Level Social Media Marketing

PYMNTS

Brands have flocked to social media in an attempt to meet their consumers where they are and display a different side of themselves. Social media can be a terrific place to build bonds with one’s customers and show off a clever, avant-garde sense of humor – if a brand is good at it. We waited two hours in McDrive!"

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Bitcoin Joins American Express and PayPal on 2017 List of Social Media Darlings

Bank Innovation

American Express is the “most-loved” financial service on social media in 2017, according to a recent report, followed by PayPal, Vanguard and bitcoin. NetBase examined 55 brands across sectors including banking, credit cards, investment banking, payment services, insurance, online lenders and crypto.

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Social Media Network Nextdoor Eyes IPO

PYMNTS

a social media network that is something of a combined Facebook, Craigslist and Yelp and whose members connect only with neighbors, is exploring going public, Bloomberg News reported. Nextdoor Inc. , billion after a funding round in September 2019.”.

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Love and lies: How financial institutions can help prevent confidence scams

Abrigo

Often, those figures include the victims entire life savings and likely underrepresent the full impact, as many victims do not report incidents due to shame or embarrassment. Fraudsters create fake profiles on dating apps and social media platforms, using stolen images and fabricated stories to build relationships with their targets.

Fraud 221
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Crypto scams & crypto fraud detection for financial institutions

Abrigo

The Federal Trade Commission (FTC) reports a staggering $10 billion in consumer losses to fraud in 2023, up from $3.5 These numbers are likely lower than the actual losses, as many victims choose not to report due to embarrassment that they were fooled, possibly by someone they trusted. billion in 2020. Global targeting: The U.S.

Fraud 195
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Report: Purported COVID-19 Vaccines Hit Dark Web

PYMNTS

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

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What is elder financial exploitation? FinCEN guidance for financial institutions

Abrigo

Unfortunately, family members are often the most common perpetrators of elder fraud, accounting for 62% of reported cases. The FBI's 2023 Internet Crime Complaint Center (IC3) report highlighted a staggering $3.4 Scammers initially build trust through online interactions, often via social media or dating platforms.

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