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Social KYC: far easier than passports and utility bills

Chris Skinner

I just received a white paper about Social KYC from Fintech startup Veridu. The idea is to use our social media profiles to authenticate and onboard as a new 21st century KYC process.

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WhatsApp Blocked By China (Again)

PYMNTS

According to a report in the New York Times , the move on the part of Beijing is seen as a setback for the social media giant, which has been trying to get back into China. China has had a ban on Facebook since 2009, and Instagram isn’t available in the country.

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Facebook Tracker: Squeezed Out In Russia, China

PYMNTS

With a now-total ban on WhatsApp, China has finally ousted Facebook for good, and Russia is threatening to do the same if the social media platform does not abide by its government’s rules (ironic, as Russia reached at least 10 million American Facebook users with its U.S. election propaganda ads, according to the latest tally).

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Are you a bull or a bear, and how will it impact your planning for 2020 and beyond?

Gonzobanker

Risk management was never out, but the level of investment and emphasis we saw during the early part of the 2008-2009 crisis lessened during the past four to five years. Regulators are now ramping that back up, and model risk management focused on portfolio risk is going to top the list. Risk Management. Getting Back to Work.

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Who says you can’t save your way to prosperity?

Insights on Business

The landscape for banks and brokerages today shows significant improvement from the global financial crisis of 2008 – 2009. Delivering frictionless and engaging experiences, using both in-house data and social media to anticipate customers’ wants and needs.

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Will The Stars Align For Facebook’s Project Libra?

PYMNTS

Déjà vu because it was 10 years ago, in May of 2009, that Facebook launched the alpha version of Facebook Credits. And, in light of that, anything that even remotely smacks of crypto could seem a little tone-deaf, especially to the regulators, since no one but people in the Valley really get its value. But not their money.

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When AI Gets Up Close And Personal

PYMNTS

Having the ability to find and analyze data in real time or near real time — data from social media, court documents, SEC filings and other web sources — can also make customer onboarding quicker and more secure, and combines good customer service with good fraud prevention.

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