article thumbnail

Facebook Hit With Fine From UK’s Information Commission Over Data Handling

PYMNTS

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” The data, which was processed from 2007 through 2014, was accessible to developers of third-party vendors without the Facebook users providing consent. .”

article thumbnail

China’s Babytree Makes The Case For Contextual Commerce

PYMNTS

Here’s the news: Beijing-based Babytree, which was founded in 2007 and “operates an online platform for parents to exchange know-how, shop for baby goods and purchase early education services,” recently launched its IPO on the Hong Kong Stock Exchange. Social, as one can imagine, is a big part of contextual commerce.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Velocity of Risk – What Bankers Need To Know

South State Correspondent

In this age of social media, global interconnectedness, and market volatility, banks can be one tweet torrent away from a lightning-fast onset of risk. One morning, President Trump tweeted his desire for an additional tax on all foreign-owned companies operating in the US. Some risks occur slowly; others strike quickly and hard.

article thumbnail

Why Banks Merge: Listen to the Sellers

Jeff For Banks

In 2013 there were 246 bank and thrift merger and acquisition deals announced, the highest number since 2007 when there were 318 deals. This all comes with fewer banks than there were in 2007. And what is social media? What is driving deal volume? Our combination.

article thumbnail

Are Paper Catalogs Really Having A Moment?

PYMNTS

The eCommerce operator plans to print a holiday catalog , reportedly for distribution at Whole Foods and via mail. billion in 2007. For last year’s holiday season, Neiman Marcus Group ran “a social media contest for 1,500 photos capturing happy moments to be featured in a cover collage,” according to one report.

Retail 102
article thumbnail

Mist Systems Makes Wireless For Smart Device Era

PYMNTS

Wireless was built prior to 2007, so it didn’t have the opportunity to take advantage of smartphone or cloud infrastructure. Since it began shipping out its technology in June of this year, Mist Systems already has nearly 100 customers, including a top social media company, a global retailer, an online retailer and a resort in Orlando.

System 100
article thumbnail

QR Codes: The Suddenly Sizzling Payment Method

PYMNTS

Silly uses — and the social media logging of them — soon became the thing for which QR codes became best known. In fact, these names and others helped the S&P financial index hit more than 419 points, a level not seen since the end of 2007. Operating costs are also up, adding pressure to performance.

Payments 124