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The community bank’s complete guide to building trust

Independent Banker

Building trust in your institution has a lot to do with technology, from implementing strong data security practices to humanizing your online customer interactions. But for most community banks, building a trustworthy brand isn’t a conscious effort. But for most community banks, building a trustworthy brand isn’t a conscious effort.

Community 139
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Facebook Deals With Rising Expenses As Regulatory Pressure Increases

PYMNTS

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. billion — but declined 16 percent for the full year 2019, decreasing to $18.48 percent.

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Lost Pet Posters Get An Upgrade For The Digital Age

PYMNTS

And the idea is to take advantage of the ongoing rise of mobile commerce and social media to create, in essence, digital communities centered around pets — and not just ones that spark to life when little Fido goes missing, or plots an escape from a dog park or a particular section of the beach in the summer.

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Digital Payments Startup GPay Awarded Vietnam License

PYMNTS

In 2019, Payme, FinViet, EPay, PayTech, Dibee and Smart Net were granted licenses from Vietnam’s central bank. GPay has a supportive ecosystem from G-Group with above 20 million users of financial platforms, game community, social network and technology companies. G-Group financed the seed funding.

Payments 154
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Facebook Posts 9Pct Gain In User Base

PYMNTS

Facebook posted single-digit user gains in the fourth quarter of 2018, gains that arguably push back against ideas that the social media platform would lose its hold on consumers in the wake of online privacy and security concerns. Facebook users are also bringing in more revenue for the social media platform.

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Instagram Drives New Social Commerce Momentum

PYMNTS

Social commerce continues its pandemic-driven momentum as Instagram announced two major moves in the area and new research shows the platform will see substantial new growth across the board. On Tuesday (June 23) Instagram announced it was opening social shopping to more businesses including its own influencer community.

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Instagram To Crack Down On Fake Story Watchers

PYMNTS

social media agency called Hydrogen said that “mass viewing of Instagram stories is the new buying followers of 2019,” in reference to how people used to try gaming the system on Facebook to get more friends. This is not a good way to build a community, and we believe that Instagram will begin cracking down on this soon.”.