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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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Facebook Quietly Launched Photo-Sharing App In China This Year

PYMNTS

Since 2009, Facebook has been blocked on all computers operating in China. This has paved the way for social media such as WeChat, QQ and Weibo to gain speed in the race to the top. In late 2015, there was a small window of hope for the social media giant to engage with China. billion people.

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Keep Knocking, Facebook: China Might Let You In

PYMNTS

By many standards, Facebook is the undisputed king of social media with its 1.8 In an attempt to continue its momentum, the social media giant has faced an uphill battle against one of the largest countries in the world, China. Since 2009, Facebook has been blocked on all computers operating in China.

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Facebook Plans ‘GlobalCoin’ Digital Payment Push

PYMNTS

According to the report , the social media giant is looking to begin testing its own cryptocurrency, “which has been referred to internally as GlobalCoin, by the end of this year.” Indeed, a decade ago this month, in May of 2009, Facebook launched the alpha version of Facebook Credits. Facebook Payments Push.

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Revolve Rides The Power Of Influencers All The Way To An IPO

PYMNTS

The part of its business — and the use of its proprietary technology — the firm is most known for is in how it leverages its army of more than 2,500 social media influencers who drive the firm’s marketing efforts. “We

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Pinterest Revenue Surges As SMBs Shift Ad Dollars From Facebook

PYMNTS

Founded in 2009 by Silberman, Evan Sharp and Paul Sciarra , the company said it has more than 150 million monthly users and over 1,000 employees. January’s increase in users bumped SnapChat off the list of the three most popular social media platforms. .

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Amazon To Open Manhattan Office In 2021

PYMNTS

The move would rank the social media giant alongside some of Manhattan’s biggest corporate tenants. . From 2009-18, tech-sector job growth in NYC has grown almost four times as quickly as the city’s overall private job growth, according to Mr. Parrott’s analysis. a real-estate data firm. “It