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Why AI Is Social Media Fraud’s New Best Friend

PYMNTS

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia, or to suggest that social media has become marred beyond recognition. trillion in 2018. Digital Evolution. Fraud Increases.

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ING Enables Customers To Make Payments On Social Media

PYMNTS

ING is gearing up to overhaul social media websites , transforming them into ways to make payments. According to a press release , ING said it will transform social media sites, including WhatsApp, Facebook , Twitter and LinkedIn, into payment request channels for customers who use its mobile app. 22 to Oct.

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Social Media Policies: Four Steps to Effectiveness

ForwardBanker

As of March 2018, there are more than 3 billion social media users worldwide. The post Social Media Policies: Four Steps to Effectiveness appeared first on Deluxe FS. Note: Nothing in this post is legal advice and should not be construed as such. These users, and all your employees, need to know the rules.

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First Data: 34 Percent Of PII Has Been Compromised In 2018

PYMNTS

First Data’s 2018 Consumer Cybersecurity Study is based on data from 1,767 U.S. consumers among four age groups: Linksters (ages 18-23), Socializers (24-34), the MTV Generation (35-54), and Maturists (55+). “The

Data 160
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Facebook Launches ‘Watch Together’ Feature To Bring People Together Virtually

PYMNTS

For Facebook, Watch Together comes after two years of work, with the social media giant having first unveiled plans two years ago for the new video sharing/watching feature in 2018 at its F8 developer conference, according to TechCrunch.

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Is $1,000 Enough To Leave Facebook for a Year? (And Does it Even Matter?)

PYMNTS

You can be sure that one area of regression involves social media. New research, in fact, supports that idea — specifically, the high value that consumers attach to Facebook , and the high cost it would take to make them leave the social media platform. But that doesn’t mean consumers plan to leave Facebook anytime soon.

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BNY Mellon’s AI Fix For Reducing False-Positives

PYMNTS

trillion in 2018, or slightly less than the gross domestic product (GDP) of Germany. As consumers are justifiably apprehensive about handing businesses their personal information, providers are implementing technologies, such as biometrics and two-factor authentication (2FA), to counter the threat of ATOs.