PYMNTS

FEBRUARY 13, 2020

Social media platforms are infested with phonies, and not just your best friend’s irritating co-worker (although he totally is). This is about the fact that fake identities comprise 25 percent of new social media accounts created every day, and that 53 percent of all social media logins are fraudulent , according to a recent study.

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PYMNTS

DECEMBER 5, 2018

That’s what led him to Goodworld, an online platform that removes the friction from digital donations, making them possible (and secure) by using hashtags. When asked to explain the Goodworld model, Gossart told Webster that “we are a social payments platform, but really a payments facilitator.” online shoppers leave behind $1.79

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PYMNTS

SEPTEMBER 28, 2020

Saudi Arabia and the United Arab Emirates are attempting to square away increasing consumer use of online channels with their privacy and banking standards. This is also the aim behind several regulatory changes taking place in other MENA markets, notably Egypt.

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PYMNTS

OCTOBER 16, 2019

The social media site faced accusations that its ad-targeting platform — which allows ad buyers to select what demographic groups they want to target with their advertisements — was allowing and encouraging financial institutions (FIs) to violate non-discrimination provisions of the Fair Housing and Truth in Lending Acts.

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PYMNTS

OCTOBER 9, 2020

The event is part of the social media company’s Season of Support to offer complimentary resources, education and instruction to assist companies throughout the globe, according to a company blog post. Sandberg announced the launch of Facebook Business Suite in a September blog post.

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PYMNTS

JULY 3, 2018

A recent California Supreme Court decision that essentially allows a negative Yelp post to stand about a lawyer could help determine how online reviews are treated in the future. An appeals court rejected Yelp’s argument, but the Supreme Court found in favor of the online review platform. A colleague disagreed.

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PYMNTS

DECEMBER 11, 2019

Consumers are beginning to express more preferences regarding their buying and selling experiences on online marketplaces, which are seeing an increased amount of competition in the market as they attempt to hold onto their customer bases. Some marketplaces are finding innovation in this space easier than others.

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Bank Innovation

JANUARY 25, 2019

operations. A January 16 tweet announcing “new digital enhancements to online and mobile banking” was followed by a slew of customer complaints that spilled over into subsequent […].

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PYMNTS

DECEMBER 18, 2020

Criminals seeking to exploit unmet demand for the COVID-19 vaccine are selling doses – many presumably fake – on the "dark web," the portion of the internet dominated by merchants who operate beyond easy reach of law enforcement agencies, the Financial Times reported on Friday (Dec.

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PYMNTS

JULY 17, 2020

Facebook Inc’s top executives could be required to testify before the Federal Trade Commission (FTC) as the regulator investigates whether the California-based social media conglomerate has violated U.S. CEO Mark Zuckerberg and Chief Operating Officer Sheryl Sandberg are preparing for potential depositions, a source told The Journal.

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PYMNTS

DECEMBER 16, 2020

IBM has purchased Expertus Technologies, which is based in Canada, according to an announcement, in an effort to strengthen its hybrid cloud and artificial intelligence (AI) infrastructure in addition to its online payment strategies. EU Releases First Drafts for Digital Services, Digital Markets Acts.

Technology 240

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PYMNTS

SEPTEMBER 23, 2019

Advanced technology is increasingly raising the stakes of how CUs should operate, with members coming to expect the instant payments and slick mobile interfaces that large banks and FinTechs have made standard. Allison Videtti, director of marketing for digital-focused Alliant Credit Union , believes it has come at the cost of personal touch.

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PYMNTS

JANUARY 30, 2020

Continuing its strategy to enhance and move beyond website domain management, GoDaddy will acquire social media start-up company Over, according to published reports Wednesday (Jan. Over will operate out of its Cape Town, South Africa, headquarters. Terms of the deal were not disclosed.

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PYMNTS

AUGUST 14, 2017

It costs merchants nothing to join or remain on Sky.Garden; all they provide is their shop name, MPesa phone number and a few personal and business details (such as operating hours). Sky.Garden isn’t looking to replace those methods, said Isaac Hunja, the company’s marketing director. The Place Of eCommerce in Africa.

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PYMNTS

MARCH 16, 2017

Now while Facebook initially launched its Messenger chat service in 2011, it wasn’t a major hit right away and the social media giant continued to refine its offering. One surprising industry that’s entering this market is insurance. Cambridge, Mass.–based

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PYMNTS

AUGUST 6, 2020

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

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Abrigo

DECEMBER 17, 2019

Both established markets and emerging vendors on the Dark Web have been actively promoting fresh inventory and steep discounts for holiday sales, including Black Friday and Cyber Monday. Another popular category in the underground is account markets. There are many operators of mule networks offering their services on the Dark Web.

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PYMNTS

JULY 2, 2018

The trend comes at a time when brands are facing other changes on the social media site. Ten direct-to-consumer companies recently surveyed by Digiday all said their marketing plans are relying less on Facebook, as focus and dollars shift to other online marketing channels — and that includes Instagram , owned by Facebook.

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PYMNTS

NOVEMBER 16, 2020

Group Seeks to Block Maryland Online Advertising Tax. At issue is the eCommerce retailer’s parallel responsibility to third-party merchants as an online shopping ecosystem and to itself as a competitor on the platform with rival products. Maryland legislators ratified the tax earlier in 2020, but Gov.

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PYMNTS

APRIL 26, 2020

E-FRESCO , a fresh fruit virtual market, is introducing blockchain capabilities to help sustain cross-border needs, according to a report. Canada, the Middle East, Europe and South America, customers trying to buy fresh fruit and vegetables online through the marketplace can now use blockchain-based shipment and B2B technology.

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PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. How that will affect merchants’ online promotional activity hangs in the balance. That’s a bad moon rising for some Big Data operators. That’s the scoop as 2020 opens, with privacy skirmishes turning to full-scale war on browser cookies.

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PYMNTS

JULY 24, 2018

It’s easy to imagine the appeal: Transferring loyalty program data from one grocer to another, moving image data from a social media site to an online photo-printing service, retaining access to music playlists after leaving a website with weak privacy protections or other flaws. Data Control.

Online 101

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PYMNTS

JANUARY 29, 2021

In December, the European Commission revealed comprehensive possible new rules for digital services that would cover social media, online marketplaces and other platforms, providing first drafts of the Digital Services Act (DSA) and Digital Markets Act (DMA).

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PYMNTS

JUNE 29, 2020

The rise of online and contactless transactions in the European Union, for example, has meant that many merchants are making the bulk of their sales away from brick-and-mortar stores. Banco de España, Spain’s central bank, granted the license, which enables RevoluPAY to operate within all 27 EU member countries.

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PYMNTS

SEPTEMBER 30, 2019

Online Resale. Online resale has become all the rage — even for retailers like Neiman Marcus — from a little bit of everything on OfferUp to fashion-focused Poshmark and high-end The RealReal and 1stdibs. Sales of counterfeit goods through online marketplaces are expected to hit $1.8 billion per year to fake online sales.

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PYMNTS

JANUARY 10, 2018

Facebook is gearing up to enter the hardware market with Portal, its video chat device aimed at Amazon’s Echo. Facebook is reportedly looking to market Portal at a price of $499, but could go lower to spark demand. The device will reportedly be sold at pop-up stores and online. ”

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Bank Innovation

JANUARY 28, 2019

BMO Harris Bank did itself a favor by being responsive to questions and criticism on social media from customers locked out of their digital accounts with the bank this past week, according to Adrenaline, an experience design company.

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PYMNTS

AUGUST 13, 2019

The Securities and Exchange Commission (SEC) has announced fraud charges against a Brooklyn individual and two of his entities who allegedly engaged in a fraudulent scheme to sell digital securities to investors and to manipulate the market for those securities. The agency is looking to freeze at least $8 million of the $14.8

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PYMNTS

AUGUST 7, 2018

India-based online food ordering and delivery platform Swiggy has reportedly spent about $7.3 million to buy Scootsy , another Indian firm that offers online food delivery services. That said, online food delivery is having its moment. China, too, provides evidence that online food delivery remains a hot proposition.

Online 106

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PYMNTS

OCTOBER 30, 2018

Investors have their anxious eyes on Facebook this Tuesday (October 30), as the social media operator plans to report third-quarter 2018 results after the market close. The company suffered its biggest one-day market value loss in July on warnings of slow growth for the rest of the year.

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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.

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PYMNTS

APRIL 1, 2020

The increase started in February, with online orders up 108 percent year over year, according to Quantum Metric. Melnyk , professor of operations and supply chain management at Michigan State University. GoodFirms surveyed more than 100 of the top eCommerce experts to determine the most effective tactics for small-scale online shops.

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PYMNTS

FEBRUARY 2, 2021

To an extent, that same spirit and intention is behind the recent spate of government approvals for online gambling. That leads to the product of said online activity — and that’s money. 1, a milestone that also made Action 24/7 the only locally owned sportsbook gaming operator of four licensed by the state. “I Winning Converts.

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PYMNTS

JUNE 17, 2020

Both of these channels are thus perfect targets for fraud, with cybercriminals posing as restaurants on social media and attempting to scam customers of their personal data, and fake reviews driving customers away from restaurants.”. Where you find customer data, you also find cybercrooks. A Fraudster’s Feast.

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PYMNTS

APRIL 18, 2017

By removing the middleman and connecting consumers directly with online retail chat representatives, retailers have a chance to increase revenue and deepen end-user loyalty to the brand. One company that has received a fair share of media attention on the topic of chat commerce is social media giant Facebook.

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PYMNTS

APRIL 17, 2018

Amid the data privacy -related headlines that have been dominating Facebook ’s existence as of late, the company is carrying through with its efforts to expand in India, where the social media giant is moving into payments. The platform, then, would underscore commitment to the market there, with its 2.1 billion users.

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PYMNTS

OCTOBER 24, 2019

Consumers are waking up to the fact that all those free online and mobile services — email and social media among them — take in trade personal data that is chopped, diced, analyzed, bundled and sold to numerous third parties. Everything comes with a price — and that applies to the digital world as well. Chris Webb sure does.

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