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Consumers Value Their Social Media But Put Security Onus On Companies

PYMNTS

Social media has taken on a life of its own — so much so that a new survey finds a lot of consumers value their life online at $100,000 to priceless. That may be particularly scary since Forbes reported that Mark Zuckerberg of Facebook got his social media accounts hacked for the third time in 2016.

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Amazon Pay: How Brands Can Create Trusted Conversations With Consumers Online

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Wenzel said that when Amazon surveys customers, trust is the critical element to actually making a sale happen — more than price or selection, and cutting across all demographic groups. She said a “trust halo” that surrounds the payment product often acts as a boost for other brands. It’s predictable. Building A New Commerce Journey .

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Social Shopping Struggles With The Burden Of Potential

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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. Savvy Brands. percent from the prior year.

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How Tech Innovators Are Enabling Contextual Commerce Experiences

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In the highly connected digital age, consumers are interacting with a multitude of social media sites as well as apps and connected devices. Simply said, contextual commerce occurs when a consumer sees a product on a smart device or social media feed (and even a recommendation from a friend) and buys the product.

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Scammers Hawking Bogus Libra Currency, Even On Facebook

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The social media giant is now compelled to address a growing number of fabricated exchanges associated with its digital asset, The Washington Post reported on Tuesday (July 23). A growing list of websites, as well as Facebook pages and groups, claim to sell Libra tokens on Facebook and Instagram.

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Amazon And Valentino Sue Over Alleged Counterfeits

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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. HBR called for luxury-goods brands to refocus on controlling their supply chains to fight the problem.

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Facebook Hires Former PayPal Employees For Blockchain Team

PYMNTS

The blockchain group is reportedly working on a stablecoin , which is a digital currency tied to either one or a group of traditional currencies, something that would make it less susceptible to swings in prices. The hiring is being driven by David Marcus, former PayPal leader. Smedley has worked at both Amazon and Edelman.