Regulators Eyeing Social Media In Europe
PYMNTS
MAY 21, 2018
Against the backdrop of social media controversy — remember Facebook , of course, and 87 million users’ data exposed to Cambridge Analytica — oversight is tightening in Europe.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
PYMNTS
MAY 21, 2018
Against the backdrop of social media controversy — remember Facebook , of course, and 87 million users’ data exposed to Cambridge Analytica — oversight is tightening in Europe.
PYMNTS
DECEMBER 31, 2018
According to the report, cybercrime touched nearly every sector throughout 2018, including those that may seem less obvious, like education or manufacturing — and for one obvious reason: the money. Facebook’s 2018 regarding the stewardship of user data and privacy was one it would like to soon forget. Department Store Hacks.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
PYMNTS
FEBRUARY 3, 2020
However, 8 percent of Cyber Monday visits did originate from social media, an increase of 17.5 It comes from WBR Insights , which credits customer engagement via social media. Brand advertisers, it says, need to justify social media ROI. That’s up from 34 percent in 2018.
PYMNTS
FEBRUARY 11, 2019
Amid great technological change, health and beauty retailers are developing strategies to drive innovation. In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. Just under half — or 45.9
Bank Innovation
NOVEMBER 15, 2017
In addition to fireside chats, startup demos, and general sessions, Bank Innovation’s 2018 conference has added a pre-conference workshop on how to build an innovation team, added even more time […].
PYMNTS
APRIL 19, 2019
Many customers have recently posted on social media that orders placed at the restaurant fraudulently used their payment cards during the first few weeks of April. ” Chipotle, which will continue to monitor the situation, recently posted better-than-expected earnings results for the fourth quarter of 2018, reporting sales of $1.23
PYMNTS
FEBRUARY 13, 2019
In the highly connected digital age, consumers are interacting with a multitude of social media sites as well as apps and connected devices. During this time, retailers and tech companies are bringing integrated shopping experiences into the sites and apps where consumers spend the most time. Nearly 60 percent of U.S.
PYMNTS
SEPTEMBER 30, 2019
State governments began rolling out economic nexus laws after 2018’s South Dakota vs. Wayfair ruling. These laws were meant to make online sellers face sales tax requirements similar to those for retailers with on-the-ground locations, putting both types of businesses on equal footing.
PYMNTS
DECEMBER 12, 2019
The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. 11), as reported by Coindesk. It would then use the information to recommend products.
PYMNTS
AUGUST 17, 2019
In the era of social media, there are many, many ways to track the beginning of the school year without looking at a district calendar. However, some people would prefer to use data to judge social trends as opposed to viral social media posts – and luckily, back-to-school shopping has plenty of that to serve up.
PYMNTS
NOVEMBER 15, 2017
Fashion retailer Forever 21 revealed that it has suffered a data breach at some of its stores. With the opening of this new store, which already has 13 locations at GGP malls, the retailer will have the opportunity to experiment and focus more on social media-friendly millennials.
PYMNTS
MARCH 25, 2019
Apple reportedly said that the service will not allow advertisers to track what subscribers are reading, which means no targeted ads based on consumed news stories, as is the case with social media. As PYMNTS has regularly documented, subscription eCommerce is among the hottest areas of digital retail.
PYMNTS
JANUARY 20, 2020
Outlook India recently reported that SMBs in the country are seeking a government initiative to require government departments and large firms to disclose details behind all invoices that are 45 days past due, with community social media platform LocalCircles leading the charge in an effort to improve local SMBs’ cash flow.
FICO
DECEMBER 19, 2017
This year, in the spirit of efficiency, I’m combining both predictions and resolutions by forecasting that in 2018, my wallet is going to go on a diet; it will definitely become slimmer as physical (plastic) credit cards are replaced with payment apps on my smart phone. My Predictions for 2018. Will we do so this year?
PYMNTS
MARCH 21, 2019
households and companies increased 16 percent in 2018, according to new data. The report also found that in 2018, there was an increase in traditional unauthorized fraud, in which customers are tricked into transferring money to criminals. Financial scams perpetrated against U.K.
William Mills
SEPTEMBER 25, 2018
You can also store your IDs and secure notes. They see themselves as a platform for managing digital identity, secure by biometrics. User goes to Walgreens and registers the retail store in app. William Mills III, Chief Executive Officer of William Mills Agency is live blogging today at FinovateSpring 2018.
Cisco
MAY 29, 2019
In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.
PYMNTS
AUGUST 22, 2019
12 press release entitled “Overstock.com CEO Comments on Deep State, Withholds Further Comment,” Byrne confirmed media reports that he engaged in a three-year relationship with Maria Butina , who is now serving an 18-month prison sentence for infiltrating conservative political circles on the Russian government’s behalf.
PYMNTS
JUNE 19, 2020
Amazon and Italian luxury brand Maison Valentino filed a lawsuit against a retailer Thursday (June 18), alleging the company sold counterfeit goods as the trade in the so-called “gray market” continues to draw attention. The suit was filed against Buffalo, N.Y.-based And lastly, [counterfeiting hurts] the health and safety of U.S.
PYMNTS
DECEMBER 19, 2018
Over the course of years, Facebook reportedly enabled some of the world’s biggest tech companies to access the personal data of users — which amounted to the social media giant exempting some businesses from the privacy rules its customers thought they were protected under.
PYMNTS
JULY 16, 2019
Analysts predict that this year’s Prime Day has the possibility to be Amazon ’s largest-ever sales day one year after the eCommerce retailer brought on more members to its Prime service in its history on the first day of the event — even after it increased its membership fees from $99 to $119 annually. is too low.”. Cart Glitches.
PYMNTS
AUGUST 24, 2019
The move comes amid a general trend in all areas of payments and commerce to move beyond the limitations and security risks that come with older forms of ID authentication and verification. Bundled sports broadcast packages, social media and high-definition televisions allow them to enjoy games from the comfort of their living rooms.
Cisco
MAY 29, 2019
In retail banking, it’s clear customer experience matters, and the stakes have never been higher. But, when it really comes down to it, how can banks, saddled with regulations and security challenges, compete with the experiences offered by customer-obsessed tech powerhouses and agile fintechs? According to the J.D.
PYMNTS
OCTOBER 8, 2018
As reported, the social media giant was hacked through a vulnerability in the Facebook source code, which gave the attackers the ability to steal access tokens, which they in turn used to keep Facebook subscribers logged in. billion through the first six months of 2018, where last year showed $18.4
PYMNTS
SEPTEMBER 7, 2018
However, part of that trade (even if not explicitly stated) is that consumers expect their data to be handled in a manner that protects their privacy and security. Maybe authentication — and customer onboarding — involves the use of social signals, those digital crumbs left by consumers on social media and other online platforms.
PYMNTS
JANUARY 31, 2020
BMO on Taking a Digital-First Approach to Retail Banking. eCommerce promises to bring more subscription services as well as retail into our daily lives. It’s not just food, cosmetics or streaming media that will drive this. FICO’s Take on Debit Security. The Subscription Economy: What the 2020s Have in Store .
PYMNTS
AUGUST 10, 2018
At first glance, 2018 is shaping up to be a year that has brought meaningful consumer, regulatory and legislative backlash against lax online privacy. consumers were aware of the Cambridge Analytica scandal, with the incident resulting in 57 percent of those consumers reporting they are more concerned about data privacy and security.
PYMNTS
JULY 19, 2019
Now, in fairness, if there was ever a day when Amazon would run the retail table, it would likely be on the shopping holiday they invented. But as big as Prime Day was across all of retail, it wasn’t the only thing happening in the ongoing race. Big Move of the Week: Real-Time Security Ranking.
Insights on Business
FEBRUARY 10, 2019
Networks across banking, financial markets, insurance, retail, consumer goods and others have moved into production and are realizing business value. In November 2018, CLS launched CLSNet, an automated and standardized service for bilaterally netting payments for FX trades not eligible for the CLS settlement service.
PYMNTS
DECEMBER 1, 2017
Meanwhile, Apple has spun out at the starting line of the smart speaker race, delaying the release of its HomePod until early 2018. Amazon also said its Pay feature would expand dramatically in 2018, with a public beta for the Gadgets API rolling out while there’s still some 2017 left on the clock. on Thursday forward.
PYMNTS
JANUARY 4, 2018
Amazon grabbed 44 percent of eCommerce sales and 4 percent of all retail sales in the country. Others, however, are holding out hope for shipments between 40 million and 45 million units in the first quarter of 2018. 2018: the year Facebook will spend a billion dollars on video? In the U.S.,
PYMNTS
JULY 3, 2017
Travel companies have historically been some of the worst offenders for drip pricing, a technique used by online retailers whereby a headline price is advertised at the beginning of the purchase process, and additional fees — such as card surcharges — that are added later in the process to inflate the final cost. The Rise of CNP Fraud.
Insights on Business
SEPTEMBER 12, 2018
Even now, efforts to expand Faster Payments for use in retail are being explored, presenting their own unique challenges. Yet, P2P apps without those same safeguards are already well established among the US consumers and are making headway in retail as well. Fingers-crossed. Want to get face-to-face with the future of payments?
PYMNTS
JANUARY 28, 2019
In addition, separate research by IT security firm ZeroFOX found 53,000 occurrences of online scams related to Fortnite between early September and early October of last year. And an estimated 86 percent of the scams were shared via social media platforms such as Facebook, Instagram and Twitter. billion, an increase of $5.7
PYMNTS
MARCH 25, 2019
For a large segment of social media users, commerce may be getting a lot more contextual, as Instagram has launched a checkout feature designed to help the platform become a more attractive place for consumers to shop. “Instagram is a place for people to treat themselves with inspiration, not a place to tax themselves with errands.
PYMNTS
SEPTEMBER 16, 2019
Retailers scour social media to find influencers and designer bellwethers to turn trends into sales. In the 2018 edition of How We Will Pay , we observed something that we thought was remarkable at the time: The percentage of U.S. Pundits identify bellwether states to predict election outcomes. Then there’s voice.
Insights on Business
SEPTEMBER 12, 2018
Even now, efforts to expand Faster Payments for use in retail are being explored, presenting their own unique challenges. Yet, P2P apps without those same safeguards are already well established among the US consumers and are making headway in retail as well. Fingers-crossed. Want to get face-to-face with the future of payments?
PYMNTS
APRIL 16, 2018
That putting what is now the inevitable regulatory screws to social media platforms will impose unwieldly compliance costs on every player, making it harder for new players to emerge and scale, and thereby strengthening Facebook’s position. Anyone who gets it down to one minute should definitely get the Nobel Peace Prize.
PYMNTS
DECEMBER 26, 2018
A good education on this online retail trend — an education backed by original data — comes from Azita Habibi, business development lead at Braintree , a payments services firm owned by PayPal. Simply put, said Frieden, the car now “becomes an extension of the consumer’s home” across retail, fuel and convenience stores.
CB Insights
SEPTEMBER 24, 2018
The wellness trends is affecting everything from the way gyms operate to how retailers design clothing to how smart cities are designed. Brands are leveraging social media to advertise “aspirational lifestyles,” making it easier than ever to buy into the wellness mentality. But gyms are not giving up just yet.
Gonzobanker
DECEMBER 22, 2020
By creating secure and productive remote work environments for employees and helping their teams deal with the stress of working at home (with kids learning from the same house, spouses working in the next room, and myriad other pressure points). And, by the way, without missing a beat. billion is just glad we own some Bitcoins at this point.
CB Insights
JANUARY 6, 2019
The impending “death of retail” has been projected for decades. But, in an increasingly digital world, brick-and-mortar retail shops are embracing new ways to disrupt the system and get an edge on customer attention. One popular choice: retail innovation labs. Get the 54-page retail report. Founded: 2012.
CB Insights
NOVEMBER 6, 2018
Amazon’s next big move could be in beauty retail. Retail partnerships to add value for SMB clients. Google UK hosted its inaugural “Connected Beauty” event in October 2018, bringing speakers from YouTube, Sephora, indie beauty brands, and more to discuss trends across consumer beauty product discovery.
Gonzobanker
DECEMBER 19, 2017
Here’s hoping a final remodel of the stage coach occurs in 2018. Monty Python “I’m Not Dead … Yet” Award – Goes to physical retail. Malls, retail stores and even some bank branch closings proliferated in 2017. In some slower growth or declining areas of the Midwest, Mid-Atlantic and New England, retail is getting slammed.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content