PYMNTS

APRIL 5, 2018

Reeling from its latest data scandal , social media giant Facebook is taking steps to spell out in plain English how it gathers and uses the data of its users. According to a report in Bloomberg , the social media giant is spelling out how it collects and uses data in its Terms of Service and Data Use Policy.

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PYMNTS

NOVEMBER 19, 2020

Haldane said the adoption of digital currencies would cause a structural shift in monetary policy, and more consideration should be given to its potential benefit. I believe it is important these potentially large macro-economic benefits of a digital currency are explored when evaluating the case for a new monetary order,” he said.

Bitcoin 222

Bitcoin cryptocurrency Online social media 222

PYMNTS

JULY 28, 2019

A $5 million gift from Craiglist’s Craig Newmark Philanthropies will support a new program, led by former Facebook security expert Alex Stamos. Stamos, who left Facebook last August, called the power given to social media companies to police election issues “insane.”. But it’s because governments aren’t stepping up.”.

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social media Security Policies Google 109

PYMNTS

APRIL 5, 2019

Dozens of cybercriminal groups have found a home on Facebook , using the platform’s online marketplace to sell illegal services such as stolen credit card information, as well as account theft and spamming tools, according to Cisco Systems’ Talos security unit.

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PYMNTS

MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny.

social media 161

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PYMNTS

AUGUST 31, 2018

To take on apps that don’t give users information on the use of their personal data, Apple is introducing a new requirement: At the beginning of October, apps will have to have a privacy policy – even those that are in testing, according to reports. Starting Oct. Starting Oct. The app will still be available on Android devices.

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PYMNTS

AUGUST 18, 2019

Waters has been a vocal critic of the social media giant’s plans for its own digital currency. Carolyn Maloney, Lacy Clay, Al Green and Stephen Lynch — who wrote a letter calling for Facebook to stop its plans, citing risks to security, financial stability and the control the U.S. government has over monetary policy. “It

US 173

US social media Policies cryptocurrency 173

PYMNTS

FEBRUARY 22, 2019

The Indian parliamentary committee on information technology has asked representatives from Facebook, the messaging app WhatsApp and the photo sharing app Instagram to appear and answer questions about citizens’ rights on social media platforms, according to a report from CNBC. asked Gopalakrishnan S., It is absolutely evil.”.

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Abrigo

DECEMBER 2, 2024

By implementing robust policies and utilizing advanced software to detect check fraud, these officers can significantly impact their community. In the past, stolen checks would often range from $1,000 to $3,000, and fraudsters would typically recruit homeless people or people on social media to cash them.

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Fraud Virginia Software Report 195

PYMNTS

AUGUST 27, 2019

As regulators call for a delay of the social media giant’s cryptocurrency project, Facebook is moving forward, pointing to the bug bounty program as evidence it is taking security seriously. “We They’re offering up to $10,000 to anyone who can find code flaws in projects developed on the foundation’s testnet.

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PYMNTS

SEPTEMBER 2, 2019

The European Central Bank is being advised by ECB board member Yves Mersch that Facebook ’s Libra could affect its ability to set monetary policy, Reuters reported Monday (Sept. Facebook said it simply wants to give the 1.7 billion people in the world without access to a bank account the ability to have one at no, or a low, cost.

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Insights on Business

FEBRUARY 1, 2019

To those working in the financial services industry, security is at the core of their business. The rise of artificial intelligence and machine learning might help protect business assets, but it is also making it easier for the bad guys to find holes in the security. Security is a big theme at IBM Think this year. Feeling safe.

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PYMNTS

JANUARY 8, 2020

Schakowsky said, according to the report, “The result is Big Tech failed to respond to the great threats posed by deep fakes … as evidenced by Facebook scrambling to announce a new policy that strikes me as wholly inadequate.”.

social media 144

social media Video Policies Study 144

PYMNTS

DECEMBER 12, 2019

Officials at the Federal Trade Commission (FTC) are considering the possibility of a preliminary injunction against Facebook over antitrust issues related to how the social media giant’s apps interact with each other, according to a report by The Wall Street Journal. Facebook owns Instagram, Messenger and WhatsApp.

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social media Policies Security Report 130

PYMNTS

NOVEMBER 12, 2018

According to The Next Web , hours after moving all raised funds out of its wallet, the company shut down its website, deleted its social media accounts and kicked all users off its chat group. The government has told residents that the token must be used for anyone who would like to secure a passport.

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PYMNTS

JANUARY 20, 2020

Outlook India recently reported that SMBs in the country are seeking a government initiative to require government departments and large firms to disclose details behind all invoices that are 45 days past due, with community social media platform LocalCircles leading the charge in an effort to improve local SMBs’ cash flow.

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Payments social media Report Analysis 237

PYMNTS

AUGUST 23, 2018

Facebook has removed its data security app from Apple ’s App Store because it violates Apple’s data collection policies. After meetings to discuss the matter last week, Apple suggested that Facebook voluntarily take down the app and the social media giant agreed. The app will still be available on Android devices.

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Apple Security Guidelines social media 100

PYMNTS

OCTOBER 4, 2019

The company added that it is “supportive of Libra’s aspirations” and said it will look to partner with the social media giant in the future. Facebook, for its part, had said it would not have sole control over the crypto. This journey to build a generational payment network like the Libra project is not an easy path.

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social media cryptocurrency Policies Security 186

Independent Banker

OCTOBER 14, 2014

A status update on banks and social media. According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. .* 140-word summary of the social media guidance.

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PYMNTS

SEPTEMBER 9, 2020

Or, merchants should explain their sites’ security measures — why companies are asking consumers to provide certain information and how firms will (and will not) use it. Balancing those needs means telling customers at all times not just details of what they’re buying, but also the how and why of policies in place to protect them.

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Abrigo

JULY 13, 2023

Avoid fraud losses from pig butchering scams FinCrime professionals looking to prevent pig butchering scams in the age of cryptocurrency can follow these steps to tighten security. A scam usually begins with online contact via social media or dating apps. Would you like other articles like this in your inbox?

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PYMNTS

NOVEMBER 25, 2019

25), according to CNBC, “Security researchers recently notified us about two bad actors, oneAudience and MobiBurn , [which] were paying developers to use malicious [SDKs] in a number of apps available in popular app stores. A spokesperson for Facebook said in a statement regarding the disclosure on Monday (Nov.

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Google social media Security Apple 130

PYMNTS

MAY 24, 2018

Facebook, the social media giant, announced on Wednesday (May 23) that it has improved two-factor authentication, the industry-best practice for providing additional account security. The company is also expanding the ways in which users can secure their accounts with a second factor without needing to register a phone number.

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social media Security Google Policies 102

PYMNTS

APRIL 9, 2019

The social media giant also is taking responsibility for data’s misuse by third parties, reports Reuters — and where, according to a statement from the Commission, the company “has not acted with due professional diligence.”. The changes come in the wake of several high-profile security breaches and lapses.

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social media Data Policies New York 100

PYMNTS

JULY 23, 2019

The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). It also introduces a new programming language, Move, designed to make it more efficient and secure.

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social media blockchain Washington cryptocurrency 135

PYMNTS

OCTOBER 8, 2018

As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. The one million euros will be spent through 2019, according to reports. Regulatory Fines, on a Global Scale.

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United States Regulation cryptocurrency Cleveland 174

PYMNTS

JUNE 2, 2019

According to Hard Fork , security firm East Security discovered that the hackers sent a phishing email to UpBit users asking for more information from customers regarding a fake sweepstakes payout. East Security believes a North Korean hacking group called Kim Soo-Ki is responsible for the email scam.

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social media Bitcoin cryptocurrency blockchain 119

PYMNTS

DECEMBER 18, 2019

A member of the Board of Governors of the Federal Reserve System, Brainard spoke at the European Central Bank (ECB) colloquium in Frankfurt on “ Monetary policy: the challenges ahead.” In October, Brainard said a stablecoin like Libra could make central banks’ efforts to conduct monetary policy “complicated.” .

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cryptocurrency social media Policies United States 130

PYMNTS

JUNE 11, 2019

In fact, a recent study found that cell phone numbers were the fifth-most-important part of respondents’ identities, following Social Security numbers, driver’s licenses, dates of birth and home addresses. Deep Dive: Balancing Security and Convenience in Digital Identities. Developments from around the Digital Identity World.

Online 145

Online blockchain Security social media 145

PYMNTS

NOVEMBER 27, 2018

politician said Facebook was aware that Russian-linked organizations were harvesting data from the social media giant, since October 2014, according to Bloomberg. Facebook’s Vice President of Policy Solutions Richard Allan testified before the committee on Tuesday (Nov. He refused to discuss the documents.

social media 144

social media Software Data California 144

PYMNTS

JANUARY 1, 2021

In other news, Miami Mayor Francis Suarez, a nonstop social media cheerleader for the notion of building a high-tech ecosystem in South Florida, publicly embraced exploring using cryptocurrency to store some government financial reserves and blockchain to secure processes such as online voting.

Miami 201

Miami Bitcoin cryptocurrency Florida 201

PYMNTS

FEBRUARY 18, 2019

According to a report in Reuters citing Facebook’s public policy manager Karim Palant, the executive said the social media giant is “open to meaningful regulation.” Facebook is “not the same company” even a year ago, with the social media giant already instituting a lot of changes, the executive noted.

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Abrigo

JULY 10, 2023

Here are several suggestions for tightening security. Takeaway 2 Improving security questions is a good step to take to avoid text-to-speech AI fraud schemes. Best practices Addressing AI fraud in your policies AI fraud can be particularly tricky because it impacts how financial institutions verify customers’ identities.

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PYMNTS

APRIL 3, 2019

Security firm UpGuard posted about the news on Wednesday (April 3). Facebook’s policies prohibit storing Facebook information in a public database,” a spokesperson for the company said. Since that scandal, the social media giant has reduced the number of apps that have access to user data.

social media 134

social media Data Policies Report 134

PYMNTS

SEPTEMBER 30, 2020

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. The pandemic has refocused scrutiny on the open banking ecosystem’s privacy and security.

Regulation 175

Regulation Data Regional Examples 175

PYMNTS

JUNE 19, 2020

The plaintiffs allege the sales are “in violation of Amazon’s policies and Valentino’s intellectual property rights.” That’s led to the removal of more than 7,000 listings on several marketplaces, more than 360 websites and over 1,000 social media accounts. And lastly, [counterfeiting hurts] the health and safety of U.S.

social media 181

social media United States Branding National 181

PYMNTS

MARCH 18, 2019

In an interview, Jason Rader, national practice director for security at Insight’s Cloud and Data Transformation operation, said the European Union’s General Data Protection Regulation (GDPR) might be a point from which firms can begin preparing for new regulations. Privacy and Competition.

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