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Will Our Love-Hate Relationship With Social Media Ever Break?

PYMNTS

consumers and social media. Data breaches, marketing so targeted and specific that it can feel creepy, lack of privacy and regrets over wasted time – people complain constantly about how social media causes or enables all of that. It found that, in general, people think social media does more harm than good.

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Apple Pay Trending Up as Target, Other Retailers Add Payment Option

Bank Innovation

Apple Pay was trending across social media today on news the payment option will soon be accepted at Target, Taco Bell and other major U.S. According to Apple, 74 of the top 100 U.S. merchants now accept Apple Pay. The company touted the service’s ease of use, security and speed at the register.

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Apple Faces Criticism From Other Tech Companies, Russian Watchdog Over App Store

PYMNTS

Facebook and Microsoft have issues with the way their gaming apps appear in Apple ‘s store, which could go hand-in-hand with a EU investigation into Apple’s business practices and antitrust concerns, Reuters reported. Apple has dismissed the criticisms, saying it affords equal opportunities and rules to any company.

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Apple Boots Facebook Security App From App Store

PYMNTS

Facebook has removed its data security app from Apple ’s App Store because it violates Apple’s data collection policies. Onavo also violated a part of Apple’s developer agreement that prohibits apps from being used for analysis or marketing. The app will still be available on Android devices.

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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

If 2020 was the year of streaming media, of content done a million different ways, of apps and Apple, and Google’s and Amazon’s algorithms … it was also the year of Big Tech regulation, where 2020 set the stage for a 2021 that could be seismic in changing the way companies — from Facebook to Apple to debt collectors — interact with consumers.

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Identity As A Service To The Rescue

PYMNTS

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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Data Dive, New Directions Edition: Chase, Samsung And Apple

PYMNTS

Particularly standing in the spotlight are JPMorgan Chase , Samsung and Apple — for very different reasons. Chase’s Security Reset. Samsung’s social media posts indicate that Neon is an “artificial intelligence being” and “best friend.”. Apple (As Yet Unproven) Rough Waters Ahead. It’s not a growth market.”.

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