Sun.May 28, 2023

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Social media sites are wild west for shopping fraud, says UK bank

TheGuardian

Firms ‘should contribute to refunds’ as two-thirds of online scams now originate in Facebook and Instagram More than two-thirds of all online shopping scams affecting UK consumers start on Facebook and Instagram, with social media now a “wild west” for fraud, according to one of Britain’s biggest banks. Research from Lloyds Banking Group estimates that someone in the UK falls victim to a purchase scam originating in one of the two Meta-owned platforms every seven minutes – costing consumers more

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Paysend partners with Ontop

The Paypers

Global payment ecosystem Paysend has announced its partnership with Ontop to offer instant and cost-effective salary payments to clients around the world.

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If You Are Going To Bank On Customer Loyalty, Return The Loyalty

The Financial Brand

This article If You Are Going To Bank On Customer Loyalty, Return The Loyalty appeared first on The Financial Brand. Holding onto customers will get harder as the economy keeps shifting and people shop around more aggressively. Here are tips for retention. This article If You Are Going To Bank On Customer Loyalty, Return The Loyalty appeared first on The Financial Brand.