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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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Neiman Marcus Looks To Associates For Social Media Commerce

PYMNTS

In an effort to drive sales, a luxury department store chain is connecting customers with their sales associates through personal social media accounts, The New York Post reported. Associates post fashion advice — like how to dress up jeans — and text updates about new items that have arrived in-store. “We has partnered.

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Cybersecurity Awareness Month: How financial institutions can stay safe and secure online

Abrigo

Ideas for educating and promoting cybersecurity in October Cybersecurity Awareness Month is an opportunity for banks and credit unions to promote online safety and take steps to reduce cyber risks. But how did Cybersecurity Awareness Month start? You might also like this whitepaper: "Protecting banking customers starts with you."

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AI fraud challenges: How to guard against losses

Abrigo

In combating AI fraud, it is imperative to consider that successful phishing or smishing expeditions, or illicit dark web transactions, often result in criminals gaining access to unsuspecting individuals’ online banking credentials. Don’t rely solely on this response. Are there other signers or beneficiaries on your account?

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5 Ways to Leverage Social Media as Part of Your 2020 Fintech Conference Strategy

William Mills

Social media participation has evolved to become a necessary aspect of a successful fintech conference strategy. After all, why limit the impact of your attendance to fellow attendees when you can potentially reach exponentially more people online?

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A Merchant’s How-To For Managing The Contactless Payments Surge And SCA Requirements

PYMNTS

The pandemic has drastically affected how consumers are shopping and paying for even routine purchases, and this in turn has altered how businesses are accepting their payments. How SMBs Can Respond to Shifting Payment Regulations After the Pandemic. however, notably SCA.

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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. Social Media Policy Database.