PYMNTS

NOVEMBER 9, 2020

The European Commission has rolled out high-profile probes into firms such as Google, Apple, Facebook and Amazon over worries that their market supremacy is negatively impacting competition. million) penalty for not following a new social media law, Reuters reported, citing Omer Fatih Sayan, the deputy transport and infrastructure minister.

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Regulation social media Compliance California 211

Long Lasting Ideas

AUGUST 7, 2014

The expansion of social media in the workplace and for personal use has made it vital for financial institutions to include a specific social media policy within its policies and procedures. 8 Steps to Create Your Social Media Policy. IBM Social Computing Guidelines. Social Media Policy Database.

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social media Policies How To Handbook 69

The Paypers

MARCH 7, 2024

Social media app TikTok has introduced a data portability API in an effort to comply with EU’s Digital Markets Act.

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social media Data Compliance Marketing 36

PYMNTS

MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. based eCommerce marketplace OnBuy , for one, is choosing to partner with players that can shore up their authentication compliance without the need for costly innovations.

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social media Compliance Innovation Data 161

PYMNTS

AUGUST 24, 2020

The social media company has indicated that the Access Act, a proposed data portability law, is a first move in the right direction. The social media firm purportedly contravened an Illinois state law via a “Tag Suggestions” functionality that enabled users to identify their friends from photos put on the platform in the past.

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social media Data Apple Compliance 152

PYMNTS

APRIL 7, 2017

Compliance is not just about dealing with a specific corporate action or use case. When payments are involved, compliance is a way of life, as constant as the transactions themselves, and it is complex enough an activity for some firms as to demand outsourcing to experts. She noted that WePay exists “behind the scenes.…

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Compliance social media User Experience Fraud 100

ForwardBanker

SEPTEMBER 24, 2018

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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PYMNTS

OCTOBER 19, 2020

Furuya also told Reuters that the FTC would analyze Japan’s mobile phone market to find ways that could increase competition, which could help cut Japan’s mobile phone charges. In the September PYMNTS big tech compliance tracker tracker, Facebook considered pulling out of the EU over regulations.

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US social media Illinois Google 264

PYMNTS

NOVEMBER 13, 2020

13), Beijing’s proposed new laws had a negative effect on the market value of the country’s tech leaders like Tencent and Alibaba , dropping some $290 million in two days. We’ll work very constructively with the regulators to ensure our compliance,” Lau said, according to a Wall Street Journal report. . On a Thursday (Nov.

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Regulation social media Video Groups 227

PYMNTS

FEBRUARY 12, 2020

The DPC — which acts as the regulator for all of Europe — searched the social media giant’s offices in Dublin. “We are taking a bit more time to make sure the product is ready for the European market,” they said. 12), according to reports. In November , U.S.

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Regulation Compliance social media Data 140

PYMNTS

MAY 19, 2020

has been named general counsel to the Libra Association , a Geneva-based group founded by Facebook to launch the social media company’s digital currency, the organization announced Tuesday (May 19). He also headed financial crime compliance for Merrill Lynch. Previously, Werner worked at the U.S.

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US Connecticut social media Compliance 227

Insights on Business

JUNE 14, 2017

Pressures stem from a myriad of sources: competition from fintechs; unrelenting regulatory environment; associated costs of compliance (or non-compliance!); IBM has developed Watson Marketing capabilities to help banks discover insights beyond the abilities of conventional computing. Millennials are a fastidious breed.

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Marketing social media Millennials Customer Experience 156

PYMNTS

DECEMBER 28, 2020

“It will force businesses to turn to subscriptions and other in-app payments for revenue, meaning Apple will profit and many free services will have to start charging or exit the market,” Dan Levy , Facebook’s vice president of Ads and Business Products, wrote in the post. 20 press release.

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Social Assurance

OCTOBER 29, 2021

Social Assurance’s Marketing and Compliance Report provides an analysis of the financial services industry and explores trends for the upcoming year. Growing Utilization of Marketing and Compliance Tools and Technology. The pandemic helped shake up some long-held traditional forms of banking and marketing.

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Abrigo

JULY 13, 2023

A scam usually begins with online contact via social media or dating apps. Many victims are lonely or isolated and don’t understand cryptocurrency markets. Crafty scammers exploit weaknesses in fraud and anti-money laundering (AML) compliance programs such as outdated technology, human error, or inadequate monitoring systems.

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PYMNTS

DECEMBER 3, 2019

With a warning that regulatory risks could take away over a quarter of Facebook ’s stock value, analyst Jason Bazinet noted that the social media firm “likely” encounters three threats in the long term from the U.S. government.

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PYMNTS

AUGUST 16, 2019

India’s social media platform ShareChat, which serves 60 million monthly users, has raised $100 million in a Series D funding round, as reported on Thursday (Aug. The social media platform supported English when it first rolled out, which most users seemed to prefer. However, engagement dropped.

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Social Assurance

DECEMBER 4, 2020

Our Annual Marketing and Compliance Survey and Report sought to better understand how some of these changes affected the financial services industry and how community financial institutions responded to the challenges. For more in-depth insights, be sure to download our marketing and compliance report by clicking the link below.

Compliance 15

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Social Assurance

JANUARY 11, 2021

As financial marketers finalize their 2021 marketing plans, the focus for the the new year will center on executing new organizational goals, addressing changing consumer demands and behaviors and learning and experimenting with new marketing channels and tactics in evolving their marketing strategy. Facebook Pay.

social media 15

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Social Assurance

JANUARY 11, 2021

As financial marketers finalize their 2021 marketing plans, the focus for the the new year will center on executing new organizational goals, addressing changing consumer demands and behaviors and learning and experimenting with new marketing channels and tactics in evolving their marketing strategy. Facebook Pay.

social media 15

social media Branding Trends Tools 15

PYMNTS

AUGUST 23, 2019

An Indian court has ruled that people in the country can’t link Aadhaar (unique identification) or any other government-issued identification with their social media accounts, according to reports. . India’s digital payments market is expected to hit $1 trillion by 2023, according to a report by Credit Suisse Group AG.

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social media Google Compliance National 144

PYMNTS

NOVEMBER 16, 2020

The European Commission told Amazon of its “preliminary view that it has breached EU antitrust rules by distorting competition in online retail markets,” according to the statement. India’s Antitrust Watchdog Opens Google Antitrust Case.

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Maryland Taxes Online Groups 151

Social Assurance

OCTOBER 23, 2020

As a financial marketer, you probably know how difficult it can be to grow engagement on social media. Plus, with the levels of compliance surrounding financial marketing, most institutions involve multiple team members, with various levels of experience, to executive social strategies. Feature Employees.

social media 15

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Bank Innovation

FEBRUARY 19, 2018

EXCLUSIVE — With government-backed initiatives and a finite business of copper export, Nathan Lustig, co-founder and managing partner at Magma Partners, saw huge potential in the Chilean fintech market. Additionally, […].

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PYMNTS

SEPTEMBER 8, 2020

The result is a slew of unstructured data coming in from a variety of sources; financial service providers must try to make sense of it in order to maintain regulatory compliance and mitigate the risk of fraud. It's surprising to me that something like corporate standing is not part of compliance.". On Tuesday (Sept. On Tuesday (Sept.

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Fintech Compliance Fraud social media 198

Abrigo

AUGUST 14, 2017

When business owners think of their accountant, some might immediately think of the money they pay for tax preparation, an audit or other compliance services – the type of service “a client doesn’t want but needs,” as accounting thought leader Allan Koltin has described “Level 1” or “Type 1” services.

social media 150

social media eBook Taxes Examples 150

PYMNTS

APRIL 3, 2018

We allege that Centra sold investors on the promise of new digital technologies by using a sophisticated marketing campaign to spin a web of lies about their supposed partnerships with legitimate businesses,” Stephanie Avakian, co-director of the SEC’s Division of Enforcement, said in a statement. Their firm, Centra Tech Inc.,

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social media Fraud cryptocurrency Branding 101

PYMNTS

SEPTEMBER 25, 2020

However, in PYMNTS’ own coverage, the twin external forces of market pressures and regulatory scrutiny are making financial institutions (FIs) retool and bolster their anti-money laundering (AML) efforts. HSBC To Staff: Stay Off Bank’s Social Media Accounts . Time on Tuesday (Sept. 22) at the earliest.

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Maine social media Atlanta Massachusetts 153

PYMNTS

JUNE 29, 2020

Canadian payments service RevoluPAY , for one, recently received a Pan-European revised Payment Services Directive (PSD2) banking license that allows it to provide solutions for businesses in the European market. The service aims to support B2B payments with application programming interfaces (APIs) that promote quick transactions.

How To 239

How To Payments Management social media 239

Gonzobanker

AUGUST 17, 2022

Thankfully, there was still a smartphone and social media to commiserate. Digital banking provider Alkami acquired data analysis and marketing campaign management provider Segmint Digital banking and payments provider Bottomline was acquired by Thoma Bravo for $2.6B. Keep an eye on the initial banks working on these projects.

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Fintech Lending Software Compliance 195

PYMNTS

DECEMBER 10, 2018

Social media giant Facebook is looking to grow its blockchain team, according to a report. The company posted on its careers page that it’s looking for data engineers and scientists, software engineers and a product marketing lead for its blockchain team.

blockchain 177

blockchain social media cryptocurrency Risk Management 177

Social Assurance

FEBRUARY 19, 2021

Marketers and financial brands were challenged this past year. Hopefully they can work out the kinks soon, and we can dive into voice marketing this year! To learn more about upcoming social trends affecting the financial services industry, be sure to download our free Marketing and Compliance Report.

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PYMNTS

SEPTEMBER 16, 2019

At the Monday press conference, Arkansas Attorney General Leslie Rutledge said the AGs, across political parties and demographics, stand together to “protect the free market, protect competition and … the American consumer … against this online, search engine juggernaut.”. GDPR Compliance Lacking. On the Continent — and Taxes in Sight.

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PYMNTS

APRIL 10, 2020

All that is starting to change, especially as more consumers turn to social media to seek support from their insurers, or even air their grievances. “So, The challenge is thus not figuring out if mobile disbursements are possible, but how they can be made, given insurers’ legal and compliance issues.

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Mobile Technology social media Customer Experience 198

PYMNTS

SEPTEMBER 25, 2018

“Across our business, we strive to facilitate greater financial inclusion in emerging markets, and identity is a central component,” said EmTech’s Chief Commercial Officer Mitch Davis. Biometric data is then recorded and matched with a photo ID, public records or social media to verify the person’s identity.

Technology 166

Technology blockchain social media New Mexico 166

CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. The article also highlights steering concerns that may result from targeted marketing.

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Lending social media Compliance Regulation 130

PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. It won’t be easy, and some players see it as ultimately handing even more market-making power to Google, Apple and Facebook.

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Google Data Regulation social media 288