Bussman Advisory

MARCH 10, 2023

The post Silicon Valley Bank is shut down by regulators | Meta exploring a new social network that could compete with Twitter | WealthTech Radar 2023 appeared first on Bussmann Advisory AG. Do you want your board, executives or staff to better understand the impact of FinTech, Blockchain or Digital Assets on the future of finance?

social media 52

social media Regulation Fintech blockchain 52

PYMNTS

DECEMBER 12, 2019

The China Securities Regulatory Commission , China’s security watchdog, is setting up a technology regulation bureau and will announce Yao Qian as its new department chief, the Chinese business publication Caijing said on Wednesday (Dec. It would then use the information to recommend products. 11), as reported by Coindesk.

Bitcoin 131

Bitcoin Fraud Regulation social media 131

Gonzobanker

JULY 13, 2023

Vendors need to be able to explain their AI technology to bankers in layman’s terms “An algorithm is what software engineers call something when they don’t want to explain what they did.” — Modern Adage Every vendor these days is talking about how their software has magical “AI” algorithms in it.

Technology 78

Technology Software social media Fraud 78

Abrigo

JULY 13, 2023

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

Fraud cryptocurrency Training social media 195

PYMNTS

OCTOBER 4, 2020

Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion. Other technology giants including Google , Amazon and Apple are also facing probes. Facebook declined to discuss the information.

social media 291

social media Austin Chicago User Experience 291

PYMNTS

NOVEMBER 21, 2019

President Barack Obama is concerned about the impact technology can have on society. “’Big, disruptive’ information technologies can sometimes be ‘dangerous,’” Obama said during a talk with Salesforce CEO Marc Benioff. He also believes that technology, in general, can overwhelm people — even the former First Lady.

social media 204

social media New York Technology Google 204

PYMNTS

JANUARY 3, 2019

You can be sure that one area of regression involves social media. New research, in fact, supports that idea — specifically, the high value that consumers attach to Facebook , and the high cost it would take to make them leave the social media platform. But that doesn’t mean consumers plan to leave Facebook anytime soon.

social media 186

social media Study San Francisco Data 186

PYMNTS

DECEMBER 15, 2019

In other news, Sweden’s Riksbank has put into place the public procurement of a supplier of technology to the eKrona pilot project and intends to make an agreement with Accenture, according to an announcement. The main goal of the project is to widen the bank’s understanding of the eKrona’s technological potential.

Bitcoin 133

Bitcoin blockchain Regulation social media 133

PYMNTS

APRIL 12, 2018

Simpson, Consumer Watchdog’s privacy and technology project director. Consumer Watchdog pointed out that Facebook’s latest breach violates its 2011 consent decree with the FTC, adding that the social media giant should be fined. On Tuesday (April 10), Senators Edward J. The past 14 years have proven this,” said Simpson.

Regulation 101

Regulation social media United States Online 101

PYMNTS

DECEMBER 16, 2020

The December Mobile Order-Ahead Tracker ® explores the latest digital ordering developments, including how restaurants can apply the lessons they have learned in 2020 to the post-pandemic world, the tools and technologies used to fight fraud, and fraudsters’ latest schemes to make off with customers’ cash, rewards points and valuable personal data.

Fraud 310

Fraud social media Mobile Trends 310

PYMNTS

DECEMBER 13, 2018

Recently, though, many CUs have turned to technology-driven solutions to help members more efficiently communicate their needs and feedback. CUs are also actively communicating with law enforcement agencies, keeping regulators informed about suspicious activity, while receiving tips on noticeable trends that these same agencies are eyeing.

Regulation 135

Regulation South Dakota ATM New York City 135

PYMNTS

FEBRUARY 11, 2019

According to a report in Reuters , the panel is summoning Dorsey after he failed to attend a hearing in the country looking at the rights of citizens on social media. As a result, the parliamentary committee on information technology made the move to summon him to appear on February 25. “We

social media 115

social media Policies Conference Regulation 115

PYMNTS

JUNE 2, 2019

According to Hard Fork , security firm East Security discovered that the hackers sent a phishing email to UpBit users asking for more information from customers regarding a fake sweepstakes payout. There was a file attached to the email claiming to include more information, but would instead run malicious code when opened.

social media 119

social media Bitcoin cryptocurrency blockchain 119

PYMNTS

AUGUST 21, 2020

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing technology firm, Reuters reported. The social media company let American and Canadian users move media to Google Photos for the first time back in the spring.

Meeting 142

Meeting social media Data Google 142

PYMNTS

NOVEMBER 27, 2018

“Dominant online platforms have more power to shape public opinion than newspapers or the television ever had, yet they face very little regulation or liability,” Rometty said. after the Information Commissioner’s Office (ICO) ruled that the social media network operator was engaged in “serious breaches of data protection.”.

social media 130

social media Google Data Company 130

PYMNTS

OCTOBER 1, 2020

Necessary ingredients of healthy international B2B commerce are dealt with in detail in PYMNTS’ new Merchants Guide To Navigating Global Payments Regulations done in collaboration with Ekata , which surveys the expanding global B2B payments landscape. Merchants, their payment providers and their regulators must keep up,” per the new Guide.

Regional 130

Regional Regulation social media Security 130

PYMNTS

FEBRUARY 6, 2019

The Indian government is going after social media apps run by Chinese companies, gearing up to create new regulations that will force them to oversee the content being shared. According to a report in the Financial Times , with Chinese social media apps very popular in India, the government is setting its sights on them.

social media 108

social media Video Guidelines Regulation 108

PYMNTS

SEPTEMBER 28, 2020

Banks, businesses and consumers fundamentally altered how they interacted with each other in the early months of the COVID-19 pandemic — and regulators tasked with making sure their data and payments are kept safe took notice. Regulators in countries like Egypt have only recently rolled out their data protection rules.

Online 151

Online Report Payments Regulation 151

PYMNTS

DECEMBER 20, 2018

Thankfully, regulators are taking notice, and are passing protection laws like the General Data Protection Regulation ( GDPR ) — enforced in April 2016 and implemented earlier this year — and parts of the Second Payment Services Directive ( PSD2 ), set to take effect in September. Around The PSD2 World.

San Francisco 187

San Francisco Regulation social media Data 187

PYMNTS

FEBRUARY 12, 2019

The group is asking a parliamentary panel on information technology to investigate the tech giants. The panel recently summoned Jack Dorsey , CEO of Twitter, to come and talk about how to protect citizens’ rights on social media and other online platforms.

Taxes 108

Taxes Google social media Groups 108

Abrigo

NOVEMBER 17, 2023

Social media scams account for the highest losses and are higher than any other fraud typology , at a reported half-billion total loss. In assessing the true cost of fraud, Gartner, the respected technological research and consulting firm, has coined three distinct pillars of fraud costs. financial s ystem.

Fraud 195

Fraud Training Trends Compliance 195

PYMNTS

JANUARY 9, 2019

Back then, he had warned executives at the social media company of the potentially damaging impact of Facebook’s data sharing policies. Financial Times highlighted a 2016 blog post in which Parakilas warned about the impact of social media. “We Parakilas felt his concerns weren’t taken seriously at the time.

Apple 122

Apple social media Google Policies 122

PYMNTS

SEPTEMBER 8, 2020

Here’s the latest news for Big Tech’s Google , Amazon , Apple and Facebook , which are coming under increasing scrutiny from legislators and regulators the world over. Regulation. In addition, the legislation would make sellers pay a third of commissions to a dedicated training fund for technology specialists each quarter.

Taxes 131

Taxes Google Apple social media 131

South State Correspondent

MAY 13, 2024

The major themes of fraud, artificial intelligence (AI), expansion of instant payments, open banking, and regulation were particularly relevant to your roles as executives, risk managers, compliance officers, and technology leaders. It is likely that regulators will soon ask banks to come up with a plan.

Conference 195

Conference Payments Fraud Data 195

PYMNTS

SEPTEMBER 13, 2019

As they seek evidence of anticompetitive behavior, House lawmakers are asking for executive communications and emails from four technology companies. That could bring about political pressure for a regulatory crackdown and pose risks to the reputations of technology companies.

social media 122

social media Apple Policies Regulation 122

PYMNTS

SEPTEMBER 25, 2020

The global tech firm has teamed with payment processors Fiserv, PTS, FIS, CoreCard, Galileo, i2c, TSYS and Marqeta to give them digital guidelines that will let clients get almost instantaneous access to card information and peace of mind to make secure transactions, among other benefits. Time on Tuesday (Sept. 22) at the earliest.

Maine 153

Maine social media Atlanta Massachusetts 153

PYMNTS

SEPTEMBER 20, 2018

European regulators this week continued to show their love, respect and admiration for U.S.-based Assuming that caught your attention, here’s the real story: It’s shaping up as a busy week for regulators in Europe (including Turkey, which for purposes of this article, qualifies as Europe). so they are punishing us,” Thiel said.

Google 124

Google social media Regulation Course 124

PYMNTS

JULY 15, 2019

According to Cointelegraph , an unverified document published by tech lawyer Varun Sethi has been making the rounds on social media, showcasing a draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies.”.

cryptocurrency 115

cryptocurrency social media blockchain Regulation 115

PYMNTS

NOVEMBER 1, 2019

The United States government is investigating China-based ByteDance Technology , the company that owns popular video app TikTok , according to Reuters. The investigation is mainly centered around the company’s acquisition of social media app Musical.ly two years ago. a TikTok spokesperson said. A spokeswoman for the U.S.

US 100

US United States social media Video 100

PYMNTS

OCTOBER 8, 2018

The impact of Europe’s General Data Protection Regulation ( GDPR ) continues to take shape roughly five months after taking effect, and Facebook could be on the hook for billions of dollars in fines tied to a data breach of about 50 million user accounts. Crypto Regulations. community banks and small business lending.

United States 174

United States Regulation cryptocurrency Cleveland 174

PYMNTS

APRIL 5, 2019

Elizabeth Warren’s plan to break up large technology companies. In addition, Warren wants to have regulators undo mergers she says are “anti-competitive” like the acquisition of Whole Foods by Amazon or the purchase of Instagram or WhatsApp by Facebook. A new poll has revealed that most Americans aren’t on board with Sen.

social media 108

social media Google Regulation Apple 108

Independent Banker

OCTOBER 14, 2014

A status update on banks and social media. According to a statistic released as part of the ICBA 2014 Top 50 Community Bank Leaders in Social Media, nearly 2,500 banks have a Facebook or Twitter presence, and the numbers continue to exponentially grow. .* 140-word summary of the social media guidance.

social media 88

social media Risk Management Compliance Community Bank 88

PYMNTS

JULY 1, 2019

As noted in this space last week, the regulator who helms Germany’s Federal Cartel Office said that cryptos – in particular, those brought by large technology firms – should be examined by regulators over antitrust concerns. In Italy, the country’s data protection regulator fined Facebook the equivalent of $1.1

cryptocurrency 100

cryptocurrency Regulation social media FDIC 100

Abrigo

MARCH 6, 2017

The ABA has a new report out on how banks are using social media, and much of the report focuses on using Twitter, Facebook, LinkedIn and the like to boost customer service, make connections in the community and recruit staff. 10) @CU_Times – Credit Union Times magazine has Tweets on regulatory changes, awards and technology.

social media 150

social media Lending Community Community Bank 150

PYMNTS

FEBRUARY 25, 2020

The rub here is that personalization depends on consumers giving personal information. That transaction has spawned major regulations in the European Union (GDPR) and California (CCPA). Sixty-seven percent have shared their social media information with a retailer.

Retail 202

Retail social media Study Security 202

Abrigo

OCTOBER 19, 2023

The campaign has also evolved to reflect the changing nature of cyber threats and the emerging technologies that enable them. Here are some ideas: Use social media platforms such as Twitter, Facebook, or LinkedIn to share cybersecurity tips, stories, or resources using the hashtag #BeCyberSmart or #SecureOurWorld.

Online 221

Online Security Resources Training 221

PYMNTS

MAY 25, 2020

The ongoing COVID-19 pandemic is significantly affecting everyday life, with more than one-third of the world’s population subject to social distancing guidelines, stay-at-home orders or other regulations to prevent the virus’s spread. Phishing attacks are some of the most common scams. Secret Service. Several banks in the U.K.

Fraud 167

Fraud social media Security Guidelines 167