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Banks Must Up Their Social Media Game to Connect with Digital Natives

Gonzobanker

Traditional financial institutions that want to compete with fintech disruptors like Chime and X (formerly known as Twitter) need to up their social media game. Consider that the typical user spends about 2.5 hours per day on social media. Demographically, half of the U.S.

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Fitness Platform Raises $5M For Online Workouts

PYMNTS

Bloomberg News reported NEOU , the New York-based live streaming and on-demand platform for trainers, has raised $5 million in capital from investors including Ares Management Corp., million followers on social media, and Nicole Mejia, a fitness instructor with 1.3 the Los Angeles-based alternative asset manager.

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AutoGPT Will Change Your Bank

South State Correspondent

In less than 30 seconds, AutoGPT retrieved a list of the highest-rated restaurants, checked availability, and made the requested reservations at the auto-chosen Capital Grille (below). Content Production – Where ChatGPT can create copy, AutoGPT can add graphics, format the copy, and brand it. You can name the task and save the agent.

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Data Dive, Rainy Days Edition: Fines, Misses And Video Game Money Laundering

PYMNTS

And an estimated 86 percent of the scams were shared via social media platforms such as Facebook, Instagram and Twitter. Capital One’s Earnings Flub. Capital One ’s further reprots domestic card loans increased 8 percent or $5.8 And Mastercard wasn’t the only big brand feeling the sting of European regulators wrath.

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Banking for the Digital Generation: Attracting & Retaining Millennials

NCR

Coming of age during the last recession and being subjected to the barrage of headlines about financial executives misbehaving, many Millennials are distrustful of established financial brands and institutions. are in the bottom 10 of the least loved brands by Millennials. Social marketing to remake bank brands.

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Why Peer-to-Peer models struggle against oligopoly

Lex Sokolin

The media industry has been able to deploy a business model that uses the Internet to deliver a better user experience when bundled with the law. It is a worse user experience to avoid it. The core premise at its founding was to recreate the dynamics of the sharing and social media revolutions.

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Look Who’s Making AI Intelligent Again

Fintech Labs Insights

Capital One was the first bank to go live with an Alexa integration. In a Fintech Trending post earlier this month, we highlighted Capital One’s live integration and Lloyd Bank’s proof of concept with Amazon’s Alexa. ExxonMobil, Glympse, iHeartRadio, MasterCard, and Parkopedia are the first brands to join the platform.

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