Bank Innovation

FEBRUARY 8, 2018

Brokerage TD Ameritrade has created a Twitter “chatbot” that will allow its users to initiate trades over the social media platform, the Wall Street Journal reported today.

social media 306

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Payments Dive

OCTOBER 21, 2024

The CEO's for Stripe and Bridge confirmed the news on the social media platform X on Monday, but offered few details on the deal.

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PYMNTS

DECEMBER 18, 2020

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.

Report 274

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Abrigo

FEBRUARY 6, 2025

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.

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Abrigo

JANUARY 31, 2025

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.

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Abrigo

FEBRUARY 28, 2025

This is a nearly 10% increase in complaints received and a 22% increase in losses and thats just fraud that was offically reported. The Global Anti-Scam Alliance reports that s cammers siphoned away over $1.03 These scams often take place on dating apps and social media. trillion globally in 2024.

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Perficient

FEBRUARY 2, 2023

In fact, according to The Business Research Company’s 2022 Payment Security Global Market Report , the payment security market is expected to reach $43 billion by 2026. We also expect other social media channels to roll out their own shopping capabilities or upgrade their existing shopping features.

Industry 471

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Abrigo

MARCH 12, 2025

In the aftermath of the devastating wildfires in California, scam artists exploited the situation by posing as legitimate charities soliciting relief donations through social media, emails, and phone calls. Reminding them to research a charitys annual reports, tax forms, and audits or speak with a representative before donating.

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Perficient

MARCH 25, 2025

It’s the new gold, the ticking time bomb of risk, and the bane of every regulatory report that’s ever come back with more red flags than a beach during a shark sighting. ”) Regulatory reporting (because nobody likes surprise visits from auditors) Start small, prove it works, then expand.

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Abrigo

DECEMBER 10, 2024

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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PYMNTS

DECEMBER 16, 2020

users into new agreements with its corporate headquarters in California, effectively circumventing the European Union’s strict privacy laws, according to an exclusive report by the Reuters news service. 15) rolled out a proposal for tough new regulations for digital services that cover online marketplaces, social media and other platforms.

California 213

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Bank Innovation

NOVEMBER 7, 2017

Social media mogul company Facebook has launched P2P payments through Facebook Messenger in the U.K. According to reports, all major banks in the U.K. is the next market to have the service, after Facebook first launched the payments feature in the U.S. are taking part in the service. To use […].

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social media Payments Marketing Report 268

PYMNTS

SEPTEMBER 9, 2020

Regardless of what happens with the sale of TikTok, social commerce could become a retail factor to reckon with in Q4, and is definitely ready for its close-up in 2021. In fact a new report puts the global market for social commerce at $89.4 billion this year and says it will reach $604.5

Marketing 209

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PYMNTS

MAY 19, 2020

To enable businesses to more easily list their merchandise on its social media platforms, Facebook has unveiled Facebook Shops. The free feature will allow companies to place product listings on their Facebook Page, Instagram profiles and stories, or in ads, CNBC reported.

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Perficient

APRIL 3, 2024

Perficient insurance experts were interviewed for Forrester’s report, “ The Top Emerging Technologies In Insurance, 2024 ,” and discussed technologies expected to emerge in the insurance industry over the next five years, considering them now, and in the short-term, medium-term, and long-term future.

Technology 221

Technology Report social media Industry 221

Gonzobanker

NOVEMBER 16, 2023

Traditional financial institutions that want to compete with fintech disruptors like Chime and X (formerly known as Twitter) need to up their social media game. hours per day on social media. Sofi has built strong engagement through its Richer Lives social media strategy and influencer Vivian, “your rich BFF.”

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Bank Innovation

JULY 23, 2018

Social media platform SnapChat will shut down its P2P payment feature, Snapcash, as of August 30, after launching less than four years ago in 2014.

social media 218

social media Payments Apple Report 218

PYMNTS

FEBRUARY 10, 2020

In the February Digital Identity Tracker , PYMNTS explores the latest developments in the world of digital IDs, including digital driver’s license initiatives around the country, biometric solutions for credit cards and the growing danger of fake profiles on social media. Deep Dive: How Fake Profiles Endanger Social Media Networks.

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PYMNTS

JANUARY 1, 2021

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The FTC is seeking an injunction in federal court that, as reported, could require divestitures of assets, including Instagram and WhatsApp. In the nascent and burgeoning cryptocurrency space, the U.S.

Regulation 352

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PYMNTS

NOVEMBER 25, 2020

users by email that they have 14 days to shutter their accounts and take out all their money or have their accounts locked, Decrypt reported. In other news, BTC futures trading platform OKEx indicated that it would provide users who faced difficulty due to the suspension with a combination of renumeration and rewards, Coindesk reported.

Taxes 243

Taxes US Report social media 243

Perficient

DECEMBER 10, 2020

According to the latest report from the U.S. Consider creating downloadable COVID-19 educational content they can share within their organization or ask them to follow and share content from your blog and social media accounts. times their share of the population.”. of the population and 19.1% of COVID-19 deaths.

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PYMNTS

OCTOBER 4, 2020

A 14-page report Facebook lawyers prepared in advance of a potential antitrust lawsuit from the government found such action would hurt users, be contrary to established law and cost billions of dollars, WSJ reported after seeing the document. It was not a guarantee that Instagram was going to succeed," Zuckerberg said. "In

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PYMNTS

SEPTEMBER 21, 2020

In a bit of high-tech saber-rattling, Facebook is threatening to pull the plug on its social media platform in the European Union if a controversial decision by Irish regulators is allowed to stand. That could prove to be “immensely complicated,” the Times reported, and likely highly expensive. “A according to Metro.

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social media Data Metro United States 230

Perficient

JUNE 7, 2023

On May 31, the Federal Deposit Insurance Corporation (FDIC) reported to the public what many banks already knew and had been experiencing for the past year – that deposits are declining in the American banking sector. There has almost been $1.2 Trillion removed from the banking system over the past year.

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PYMNTS

MARCH 19, 2019

Instagram has launched a checkout feature designed to help the social media platform become a more attractive place for consumers to buy retail products, and to capture more sales via what is coming to be known as contextual commerce. Social Media Purchases. Contextual Commerce Push.

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social media Retail Report Video 212

PYMNTS

OCTOBER 21, 2020

The social media giant has begun testing a new feature in Canada, dubbed Neighborhoods, that would steal a page from Nextdoor’s playbook and allow users to link up through community-based groups, according to engadget. The pilot program was spotted by Matt Navarra, a social media consultant.

Community 200

Community social media United States Report 200

PYMNTS

NOVEMBER 9, 2020

Social commerce has gained traction as of late, pushed on by the pandemic-induced digital shift in shopping and the already-growing interest in combining social media and ecommerce. Instagram, and its large influencer community, have especially contributed to progress in monetizing their social media presence.

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social media Video Branding Community 227

PYMNTS

JULY 10, 2020

This measured improvement in merchants’ ability to convert subscribers underpins their willingness to offer features that improve overall user experience,” our report noted. million individuals currently hold streaming, education and training, digital media or consumer retail product subscriptions, 27.4 in 2019’s third quarter.

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PYMNTS

JUNE 29, 2020

With advertising boycotts aplenty, Facebook CEO Mark Zuckerberg is now out $7 billion, Bloomberg reports. Coca Cola has also said it will be pausing all social media advertising for at least 30 days. Facebook has also stepped up its work to fight hate speech, now not allowing ads if they label another group as dangerous.

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PYMNTS

OCTOBER 16, 2020

The Competition and Markets Authority has been investigating hidden advertising on Instagram over concerns that too many social media influencers are posting content about businesses without making clear where they have been paid or incentivized to do so, and that the platform was not doing enough to tackle the problem,” the announcement explains.

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social media Branding Guidelines Regulation 212

PYMNTS

NOVEMBER 19, 2020

Facebook could soon be staring down a lawsuit as the Federal Trade Commission and numerous states attorneys general finish up one or more antitrust cases against the social media giant, Reuters reports. Also, the lawsuits are likely to allege that Facebook withheld data from rival companies as a method to crush competition.

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PYMNTS

AUGUST 20, 2020

Facebook CEO Mark Zuckerberg testified before the Federal Trade Commission (FTC) as part of the agency’s antitrust investigation into the popular social media giant, CNBC reported. Federal Trade Commission’s inquiry and answering the questions the agency may have,” CNBC reported.

social media 209

social media Innovation Apple Google 209

PYMNTS

DECEMBER 15, 2020

Facebook is planning to roll out a new feature called Super to let people pay celebrities or content creators for the chance to interact with them on a live broadcast, Bloomberg reported, similar to the app Cameo. Cameo was valued at $300 million in mid-2019, Bloomberg reported, citing Axios.

Video 296

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PYMNTS

DECEMBER 23, 2020

Business Insider reported that fast food purveyors sometimes offer discounts in January because it's a time when some potential customers are minding their budgets. Burger King's use of marketing efforts that capitalize on a keen sense of social media has won the Miami-based company kudos.

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PYMNTS

DECEMBER 22, 2020

Facebook will increase its security offerings, especially for high-profile users, the social media giant announced Tuesday (Dec. elections in 2020 used two-factor authentication to protect their Facebook accounts, Axios reported. The company sees likely users as political campaign staffers, journalists and activists.

social media 236

social media United States Security Mobile 236

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. Victims reported that Facebook and Instagram were the most common avenues for these schemes.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

NOVEMBER 12, 2020

In July, Salesforce also announced an expansion of its Order Management products, PYMNTS reported. That included helping companies complete purchases without leaving social media channels. According to PYMNTS, Salesforce also introduced a way for sellers to offer new online B2C sales systems in a matter of weeks.

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social media System Online Management 316