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

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

JUNE 20, 2019

Facebook’s Libra cryptocurrency and Calibra digital wallet won’t be available in certain markets. The social media giant shared its plans for both projects, which aim to transform financial services worldwide by empowering the more than 1.7 billion people around the world who currently do not have a bank account.

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PYMNTS

FEBRUARY 5, 2020

Looks like the digital advertising and marketing sectors are in for a reckoning. That’s a bad moon rising for some Big Data operators. In the middle are the consumers whose data fuels eCommerce, social media and basically the entire internet as we know it. Together in a Privacy Sandbox. Merchants Waiting It Out.

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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. The company has emerged as a dominant player in the nation’s digital advertising market. billion global users.

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PYMNTS

JUNE 29, 2020

Small- to medium-sized businesses (SMBs) have been especially hard hit, as many have pivoted quickly to enable online transactions and adhere to the regulations that often accompany them. The health crisis has brought about changes to this rule, however, and these may have long-term implications for payment standards and regulations.

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Abrigo

JULY 13, 2023

A scam usually begins with online contact via social media or dating apps. Many victims are lonely or isolated and don’t understand cryptocurrency markets. Massive financial losses can destabilize their operations, impact profitability, and harm their reputation. billion loss in 2022.

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PYMNTS

JUNE 20, 2019

Unlike social media … the terms of engagement for innovations such as Libra must be adopted in advance of any launch.”. One thing he wants to do right away is to enhance the coordination between financial regulators in the country. “To must do what London’s markets have always done: evolve,” Hammond said.

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PYMNTS

JUNE 27, 2019

The head of Germany’s Federal Cartel Office said on Thursday (June 27) that cryptocurrency backed by large tech companies could be put under a microscope by antitrust regulators, according to a report by Reuters. The news came in response to Facebook’s announcement that it was planning to release a cryptocurrency of its own, called Libra.

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PYMNTS

AUGUST 9, 2018

10), but will now have the additional time to continue to shape rules pertaining to the internet as the market in India takes off. The regulatory head also convinced Apple to allow spam detection on its iOS mobile operating software for the iPhone. According to Reuters , his assignment was slated to end Friday (Aug.

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PYMNTS

DECEMBER 16, 2020

Southeast Asian super-app operator Gojek is launching its new GoBiz Plus point-of-sale (POS) technology for all-in-one-purposes for micro in addition to small to medium-sized businesses (SMBs) in Indonesia. EU Releases First Drafts for Digital Services, Digital Markets Acts.

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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. The panel and Twitter were expected to meet and discuss ways to ensure citizens rights were protected when using social media.

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South State Correspondent

APRIL 23, 2023

Analysts, regulators, legislators, and bankers have been attributing the root cause of SVB’s failure in the past month. Some blame the dilution of the Dodd-Frank provisions, others the lack of oversight by regulators, and others still blame social media for exacerbating the deposit run.

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PYMNTS

JANUARY 29, 2020

Facebook reported a 51 percent spike in its costs and expenses for the full year 2019 — that increase coming as the social media platform faces more questions from regulators and policymakers about its present and planned endeavors. 29), and reported that total costs and expenses hit some $46.71 31, stood at 2.5

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PYMNTS

FEBRUARY 2, 2021

Hodges, known as the “Rookie Bookie” on social media, made her comments less than three months after Tennessee became the 20th state to launch sports betting on Nov. 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. Next Steps.

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PYMNTS

NOVEMBER 24, 2020

Everyone who is doing prepaid processing today claims that they can do credit,” he said — but when you dig deeper into the requirements of a credit-processing system and associated regulations, it’s a very different product than prepaid or debit. Mobile isn’t a developed market phenomenon. All About Mobile. Mobile isn’t a U.S.

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PYMNTS

JANUARY 29, 2021

The European Parliament had invited the leaders of the firms to a hearing in Europe to aid them in forming an opinion on stringent new regulations that the European Commission had put forward. The DMA deals with the negative impacts of some actions by platforms functioning as digital “gatekeepers” for one market.

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PYMNTS

DECEMBER 9, 2019

The Competition and Markets Authority (CMA) will decide on Wednesday (Dec. The CMA is very interested in tech giants extending their tentacles into other markets,” Alan Davis, a competition lawyer at Pinsent Masons in London, told Bloomberg. 10) if Amazon’s quest to acquire a stake in Deliveroo — among the U.K.’s

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PYMNTS

FEBRUARY 6, 2020

The social media giant said it used the app as one of its market intelligence tools and that it notified users of all data collection activities. The EU’s Court of Justice ruled in October that member state judges can order Facebook and other social media sites to find and remove any illegal content.

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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.

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PYMNTS

SEPTEMBER 14, 2018

That’s a question with obvious relevance to payment and commerce operators. DuckDuckGo does not track consumers’ browsing histories, nor does it sell consumer data to third parties for the purposes of ad targeting and precision marketing. Further regulations are looming. How do consumers really want to search online ?

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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). based tech firms operating there.

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PYMNTS

NOVEMBER 27, 2019

ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a report by CNBC. . Even before the probe began, ByteDance started to separate TikTok , so that staff could focus more on it. .

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PYMNTS

NOVEMBER 27, 2019

ByteDance, the company that owns popular social media app TikTok, is attempting to separate itself from its Chinese operations, as a probe of the company is ongoing, according to a report by CNBC. . Even before the probe began, ByteDance started to separate TikTok , so that staff could focus more on it. .

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South State Correspondent

APRIL 19, 2023

Focusing on uninsured deposit performance is a hot topic among investors, analysts, and regulators. In this article, we will look at deposit performance data related to high balances and show how banks can dramatically increase value by restructuring relationship-based products and better-allocating marketing/sales dollars more efficiently.

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PYMNTS

NOVEMBER 16, 2020

Regulation. Tencent Holdings President Martin Lau said further regulations are needed in China to mirror a “new reality.”. As technology companies become bigger and more important to the economy, I would say more regulations to reflect the new reality are needed," Lau said, according to the report.

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PYMNTS

JULY 27, 2018

Securities and Exchange Commission earlier this week stood by its move to stop a bitcoin exchange-traded fund, citing “unpersuasive” arguments as to how the ETF would be protected from any market manipulation. Nor was the SEC convinced investors would be protected from manipulation in the underlying asset class.

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PYMNTS

OCTOBER 31, 2019

EU antitrust regulators are now investigating whether Facebook’s Marketplace is unfair regarding online classified ads, according to a report by Reuters. Companies that run classified ads are saying that the Facebook’s market power gives it an unfair advantage, and they complained to the European Commission. .

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PYMNTS

FEBRUARY 15, 2019

Lyft is going to tell investors that its market share has grown to almost 40 percent, from 35 percent at the beginning of 2018. The company operates in 70 countries and doesn’t just provide ride-hailing – it also has businesses in food delivery, air taxis, AI research, driverless cars and freight. However, so is Uber.

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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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CFPB Monitor

JANUARY 29, 2020

One of the most important areas of consumer financial regulation today is the use of internet- or social media-based platforms to target advertising for consumer financial products. The article also highlights steering concerns that may result from targeted marketing.

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PYMNTS

JULY 30, 2019

This new push for funding marks only the latest development in India’s retail game, which has led to growth for homegrown players and also attracted some of the biggest digital operators in the world. Amazon’s Moves. Take Amazon, for instance. Meesho reportedly was founded in 2015 has raised some $65 million in capital so far.

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PYMNTS

NOVEMBER 8, 2018

More importantly, how does one use such a thing — or even a bike — and operate it in an urban environment without falling off, getting hit and suffering injury? Bird , a company focused on e-scooters , provided more than 10 million rides in its first 12 months of operation. It’s hardly an academic concern. Scooter Accident.

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PYMNTS

DECEMBER 7, 2017

Amazon takes another swing at Etsy, Apple catches up in the proprietary Pay game and Facebook matriculates a new generation of social media users with its new Messenger product for kids — this and more of the latest news from the Frightful Five, just in case you missed it. Andromeda was one of the oldest malwares on the market.

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PYMNTS

DECEMBER 28, 2020

Facebook is turning off a number of functions in its Instagram and Messenger apps for European users after new a European Union regulation called the “ePrivacy directive” began covering messaging apps as of Dec. It takes time to rebuild products in a way that work seamlessly for people and also comply with new regulation.”.

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PYMNTS

SEPTEMBER 28, 2020

Another alternative, noted James, is to rely on predatory lenders to access quick cash to cover the costs of operating. This can come with a whole host of other problems, although some regulators have taken steps to broaden the scope of borrower protections to include SMBs.

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Gonzobanker

MARCH 22, 2023

Here are seven key areas where bank executives need action plans to address burning challenges: Communication – Bankers have been working to calm their customers and community, but the quantity and quality haven’t yet met the standard in an always-on social media world where the public is sniffing for transparency and authenticity.

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