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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Social Media as a Payment Channel Considering that the average American spends 147 minutes a day on social media , it is no surprise that businesses across industries seek the visibility that social media advertising and eCommerce can provide.

Industry 471
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The Fed Launches a Facebook Page — and Out Come the Trolls

Bank Innovation

Wasn’t it time for the central bank of the United States to launch its own Facebook page? The Federal Reserve Board introduced its new social media effort this month “with the aim of increasing the accessibility and availability of Federal Reserve Read More. France has one. Germany and England, too.

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RILA On How United States Retailers Are Responding To Changing Privacy Rules

PYMNTS

The critical question, then, is not whether retailers can comply with these rules, but how they will do so while remaining competitive, Nicholas Ahrens, vice president of innovation at U.S. retailer trade group, Retail Industry Leaders Association ( RILA ), told PYMNTS in a recent interview. I actually do not think it is because of the law.

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Big Tech Faces Regulation Reckoning As 2021 Dawns

PYMNTS

As reported in this space , the DSA and DMA cover online marketplaces, social media and other platforms. The watchdog would be known as the Digital Markets Unit. Divestitures In The United States — And Abroad? . The acts had been widely anticipated and give new frameworks for commerce and content.

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Music Crafts New Melodies For Retail Innovation

PYMNTS

But no matter the case, music is a big part of the retail world, and is helping to create new harmonies of innovation and disruption. The report quoted Jeff Marsilio, the NBA’s senior vice president of new media distribution, as saying, “The Base:Line playlist will have about 40 songs with a hip-hop vibe and will be refreshed weekly.”

Retail 151
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Pinterest Enters Top Three Social Platforms; Shares Spike 13 Pct.

PYMNTS

s Snapchat to take the spot as the third-largest social media platform in the United States, shares of the social media firm jumped by as high as 13 percent on Tuesday, Bloomberg reported. After a report indicated Pinterest came out ahead of Snap Inc. ’s Pinterest had an estimated 82.4 million U.S.

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Luxury Retail Steps Up Its Offline And Online Game

PYMNTS

Bloomberg reports that it offers a bevy of innovative options intended to entice customers into spending more time shopping. Tencent, which has the popular WeChat Pay platform as well as the social media platform Weibo, will offer one-stop shopping for Burberry items in one of the world’s most important luxury markets.

Retail 131