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How important is a social media community in banking?

Abrigo

Much like the internet was once considered a fad, the same was said not so long ago about social media. The social network truly connects people. That’s slightly more active users than there are people in Indonesia, the world’s fourth most populous country (behind China, India and the United States).

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

Abrigo

Fraudsters create fake profiles on dating apps and social media platforms, using stolen images and fabricated stories to build relationships with their targets. billion of reported losses due to this type of fraud in 2023 and around 40,000 victims in the United States. He's even seen losses as large as $4 million.

Fraud 221
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Deep Dive: Credit Unions Like And Subscribe To Social Media

PYMNTS

. Social media has become a cornerstone of everyday life over the last few decades, with 72 percent of Americans using social media today, a dramatic increase from the mere 5 percent that Pew Research Center first tracked in 2005. How credit unions leverage social media. million members and $106.1

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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The proposal also mandates more disclosure on "online advertising and on the algorithms used to recommend content to users.". The watchdog would be known as the Digital Markets Unit.

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Report: Purported COVID-19 Vaccines Hit Dark Web

PYMNTS

The paper said that prior to the approval of vaccines by regulators in the United States and the European Union, authorities had warned that fraudsters would use the opportunity to launch scams or sell stolen doses. In the United States, the FBI posted guidelines on its website for avoiding COVID-19 crime.

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The Value of Data and 5 Things We’ve Learned From COVID-19

Perficient

Just google “COVID statistics” and it returns 4,770,000,000 websites with its own dashboard automatically reflecting the state you are in and United States population (assuming you are in US). Now here are the most trusted datasets that I personally use based on who they are and what they do: CDC COVID tracker.

Data 354
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Luxury Retail Steps Up Its Offline And Online Game

PYMNTS

Social Retail. Meanwhile, luxury brand Burberry has teamed up with Tencent in China to offer a “social retail” store to take advantage of China’s online shopping trend and capture more of the luxury market in the country, according to a report by Reuters. The plan is to create a space that mixes physical with digital.

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