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What is elder financial exploitation? FinCEN guidance for financial institutions

Abrigo

Older adults are frequently targeted by various scams that exploit their trust, unfamiliarity with technology, and, sometimes, their social isolation. Romance scams: These scams involve fraudsters building online relationships with elderly victims, often through social media or dating apps.

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Facebook Puts Support Behind Data Movability Law Before FTC Meeting

PYMNTS

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing technology firm, Reuters reported. The FTC often issues reports following these workshops,” Facebook Privacy and Public Policy Manager Bijan Madhani told the newswire. “I

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Facebook Looks To Boost eCommerce Platform With ‘Accelerator’

PYMNTS

The social media giant is launching an initiative aimed at startups interested in helping build out its online marketplace. We can’t achieve this alone, so we are looking for startups to build technology with us.”. Facebook is intensifying its push into eCommerce as demand grows for online shopping amid the coronavirus pandemic.

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Facebook Playground Looks To Connect With Israeli Startups

PYMNTS

14) to introduce the social media giant’s “Playground” as a new platform for the local startup community. . The playground offers cutting-edge facilities for promising startups, including workshop spaces, meeting rooms and media production studios. Facebook COO Sheryl Sandberg was in Tel Aviv on Wednesday (Aug.

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SAP, AWS, Deloitte Push For Canadian Corporate Digitization

PYMNTS

Top enterprise technology companies have banned together to promote the digitization of Canadian businesses. Firms, including SAP, Amazon Web Services and Deloitte, have launched DXagents , an accelerator program that pushes businesses to embrace technology to become more globally competitive.

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For Visa, She’s Next Is What’s Next

PYMNTS

15) that it has launched a global initiative, She’s Next, Empowered by Visa, which seeks to support the advancement of women-owned small businesses around the world through shared research, experience and technologies. Notably, at the Atlanta event, participants from Visa, Square and Yelp will participate in the workshops.

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Apple & Twitter are on a collision course | Sequoia Capital warns today’s downturn is worse than 2000/2008 | Impact of metaverse on digital marketing

Bussman Advisory

Will the metaverse’s impact on digital marketing be equivalent to social media? The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? Sequoia Capital warns today’s downturn is worse than 2000 and 2008.

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