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How to Write a Social Media Policy for Your Financial Institution

Long Lasting Ideas

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. Visible Banking List.

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Report: Helping Online Merchants Comply With The Middle East’s New Payments Regs

PYMNTS

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. Large-scale technology firms have fallen under fire for failing to comply with its requirements since it was first ratified.

Online 151
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Prevent pig butchering scams: Safeguarding against investment fraud

Abrigo

A scam usually begins with online contact via social media or dating apps. Scammers build up a victim’s trust and gain access to their online account information, sometimes “fattening the pig” by soliciting more investment in cryptocurrency before “slaughtering the pig” and stealing the cryptocurrency.

Fraud 195
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Deep Dive: How 2020’s Fraud Trends Will Shape Security Measures Going Forward

PYMNTS

Social distancing guidelines, stay-at-home orders and mandated dining room closures around the U.S. Eateries are turning to online and mobile ordering as well as delivery to stay afloat, with online order volume from food chains spiking by 225 percent since the pandemic began.

Fraud 229
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LinkedIn: The rolodex of the 21st century

Abrigo

Well, even if you don’t, you probably realize that with today’s digital technology, the rolodex is pretty much extinct. Your online LinkedIn network can quickly become a source of industry insights and information pertinent to the success of your firm. Remember the days of the rolodex on your desk?

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Banking Shift: 3 Ways the Debt Industry is Changing

Banking 2020

In addition, new technology, and even customer care considerations, will finally influence the way debt collection is done. While handling collections can become a heavy burden on these teams, the introduction of the right technology can not only help ease the pain points for financial institutions, but evolve the process as a whole.

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The big data boom – what it means for banking

NCR

But as the number of data sources grows and technology to process it becomes more powerful, the trend is changing from a nice-to-have addition to becoming an essential part of any company’s offering. Big data has been one of the tech industry’s most popular buzzwords for a few years now. Fighting fraud.