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HSBC To Staff: Stay Off Bank’s Social Media Accounts

PYMNTS

21) to stay off the bank’s social media sites after a report was leaked to BuzzFeed News and the International Consortium of Investigative Journalists (ICIJ). . HSBC is one of more than 100 financial institutions named in the leaked documents from FinCEN. On Monday (Sept. government appears unable to stop the corruption.

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Regulators Eyeing Social Media In Europe

PYMNTS

Against the backdrop of social media controversy — remember Facebook , of course, and 87 million users’ data exposed to Cambridge Analytica — oversight is tightening in Europe.

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Two Perficient Colleagues Quoted in Forrester Report on Emerging Insurance Technologies

Perficient

She underlines the necessity for insurers to establish a solid foundation comprising document digitization and a robust data fabric to ensure success with these technologies stating, “GenAI outcomes will only be as good as the data.”

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DOJ Antitrust Lawsuit Against Facebook No Slam Dunk

PYMNTS

A 14-page report Facebook lawyers prepared in advance of a potential antitrust lawsuit from the government found such action would hurt users, be contrary to established law and cost billions of dollars, WSJ reported after seeing the document. A ‘breakup’ of Facebook is thus a complete nonstarter,” the document stated, according to WSJ.

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The Facebook Files: HUD Investigation Into Facebook Data Practices Appears to Continue

Bank Innovation

That according to new documents released yesterday by Congress that contain written responses from the social media company on its data and privacy […].

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Facebook Hit With Fine From UK’s Information Commission Over Data Handling

PYMNTS

after the Information Commissioner’s Office ( ICO ) ruled that the social media network operator was engaged in “serious breaches of data protection.” Information Commissioner Elizabeth Denham confirmed the action with CNBC, saying that Facebook failed to keep the personal information of its users secure.

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Twitter Chat: How to Handle a Social Media Crisis

William Mills

But with the sharp rise in social media, crises can leave a nasty scar if not handled appropriately. For a second consecutive year, WMA participated in a #BankOnSocial Twitter Chat, moderated by WMA-client Kasasa, to discuss how to effectively manage a social media crisis. For employees, does this impact job security?