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Why AI Is Social Media Fraud’s New Best Friend

PYMNTS

It can be difficult these days to remember the almost idyllic promise of social media when it first entered the general consumer consciousness. That’s not to tempt one into nostalgia, or to suggest that social media has become marred beyond recognition. Digital Evolution. Fraud Increases. trillion in 2018.

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How Texas Restaurants Are Using A Safety Seal of Approval To Get Customers Back

PYMNTS

The great digital shift is in place, of course. For now, restaurants that are reopening are operating at 50 percent or less capacity, said Monastero, pressuring margins. The enterprise has been helping eateries improve their customer experience through surveys, mystery shopping and other efforts.

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The community bank’s complete guide to building trust

Independent Banker

We have to have the mobile and web banking for the transactions that don’t need our assistance, but that frees the staff up to spend time with customers when they really need it. If you want to develop trust on social media, you need to be there when your customers need you.”. Use social media to build trust.

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10 Lessons We Learned at the Nacha Smarter Faster Payment Conference

South State Correspondent

The ACH channel, of course, was center stage, but there was also much discussion about banks transitioning from receive to send on the FedNow network. ” These pre-crime events including emails, SMS, logins, website clicks, social media, banker conversations, and call center inquiries. Pacific Time.

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The Taming Of The Slew (Of Data, That Is)

PYMNTS

A recent whitepaper by Synchrony Financial titled “Taming Big Data” found that efficient, targeted data collection can result in customized experience, which, in turn, leads to a better return on investment. Social media lays out in broad daylight how customers feel about their shopping experience.

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10 Top Banking Podcasts You Should be Listening to

Abrigo

In many cases, the podcasts or hosts have sizable social media followings, and all release a new episode at least once per month so you can stay up to date with the latest trends in the finance world. Of course, there are numerous other excellent banking podcasts available that are worth a listen. Banking Resources.

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What Price Loyalty? Ulta, KeyBank, novae Say Points Must Be Spendable, Programs Flexible

PYMNTS

It was the main question put to a panel of payments and customer-facing professionals who told Karen Webster that the “old” ways of doling out rewards, on a merchant-by-merchant, point-by-point basis — even with thresholds in place before redemption — no longer applies. Are firms getting the proverbial bang for the buck?

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