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More People Use Banking Apps Than Photo Apps on Mobile

Bank Innovation

Turns out, banking apps are higher up in consumers’ smartphones than photo or video apps. A study by Forrester Research, released this week, indicates that 32% of U.S. adults (18 and over) use banking apps via their smartphones weekly.

Mobile 357
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Storage App Used Photos To Train Facial Recognition Software

PYMNTS

A popular photo app called Ever, which was ostensibly used for cloud storage of photos, has been using customer pictures to train facial recognition AI software, according to a report by CNBC. “They are taking images of people’s families, photos from a private photo app, and using it to build surveillance technology. .

Training 116
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Facebook: API Bug May Have Exposed 6.8 Million Users’ Photos

PYMNTS

A photo API bug may have affected 6.8 million Facebook users who gave permission for third-party apps to access their photos, according to a post by the company on Friday (Dec. We have fixed the issue but, because of this bug, some third-party apps may have had access to a broader set of photos than usual for 12 days between Sept.

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Shoppable Photos Create eCommerce Referrals For Retailers

PYMNTS

News photos can showcase the latest in fashion and style of Hollywood actors, but it’s not so easy to purchase items from a celebrity’s wardrobe. To purchase the items, a reader simply clicks on the links, which come in the form of shopping tag icons embedded in the photo. Beyond Photos and Music. billion listings.

Retail 111
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Picfair And Turning the Photo Marketplace Model Upside Down

PYMNTS

There was a very good reason for that: everyone used the same stock-photo source because it was easy and convenient. The Picfair model, he notes, first and foremost reverses both parts of the equation from the other online digital photo marketplaces.

Online 108
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BMO rolls out photo-based autopay feature

Bank Innovation

Bank of Montreal is rolling out a new feature that allows customers to pay bills without having to log into their online bank accounts. Earlier this month the bank launched BMO QuickPay, through which customers can take a picture of their bill and email it to BMO. Upon receipt of the bill and a confirmation […].

Online 199
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Indian PM Modi Criticized Over Photo With Alleged Fraudster

PYMNTS

Indian Prime Minister Narendra Modi is in hot water after a photo surfaced of him with billionaire jeweler Nirav Modi, who is at the center of the biggest banking scandal in the country’s history. So far, the police in India have arrested 13 people, seven from PNB and six from companies owned by Modi and Choksi.