PYMNTS

FEBRUARY 4, 2019

In order to continue using the app, users had no choice but to accept the privacy policy, which stated that a significant amount of data would be shared with the government in order to comply with laws and regulations. Some of the data included contacts and anything searched online when using the app.

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PYMNTS

APRIL 5, 2018

Reeling from its latest data scandal , social media giant Facebook is taking steps to spell out in plain English how it gathers and uses the data of its users. According to a report in Bloomberg , the social media giant is spelling out how it collects and uses data in its Terms of Service and Data Use Policy.

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Long Lasting Ideas

DECEMBER 15, 2017

The number one hurdle to using social media expressed by many bank marketers is, “I don’t have the time to use social media.” By working smarter and implementing time management strategies, bank marketers can overcome the obstacles that keep them from investing in using social media.

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PYMNTS

JUNE 29, 2020

The social media giant has faced backlash and losses in partnerships from companies like Unilever , Verizon and Hershey , which have decided to sever ties due to what they say is a failure on Facebook’s part to sufficiently police hate speech and inaccurate news on its platform. Shares in Facebook fell 8.3

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PYMNTS

AUGUST 31, 2018

To take on apps that don’t give users information on the use of their personal data, Apple is introducing a new requirement: At the beginning of October, apps will have to have a privacy policy – even those that are in testing, according to reports. Starting Oct. Starting Oct. The app will still be available on Android devices.

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William Mills

MARCH 23, 2017

Social media has become an extension of an organization’s brand, and there are many aspects fintech organizations should consider as they build their online presence and brand identity. In our article, Social Media: The Basics , we offer best practices for addressing negative comments and increasing engagement.

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PYMNTS

AUGUST 5, 2020

In other news, the Federal Reserve ’s relaxation of monetary policy could bolster the price of bitcoin, with analysts seeing bitcoin potentially reaching a value of $50,000, CoinDesk reported. . “The aggregate rewards available under this program could be worth up to approximately $400 million,” according to the statement.

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PYMNTS

APRIL 14, 2019

Bloomberg reported that before joining PayPal in March as senior vice president of core markets, Alford served as chief financial officer and head of operations for the Chan Zuckerberg Initiative, the nonprofit foundation of the social media giant’s CEO Mark Zuckerberg and his wife, Priscilla Chan.

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Bank Innovation

MARCH 27, 2018

EXCLUSIVE— P2P payment app Venmo will make live changes to its privacy policy starting Thursday, March 29. Among those updates, Venmo is clarifying how it uses consumer data.

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PYMNTS

FEBRUARY 22, 2019

The Indian parliamentary committee on information technology has asked representatives from Facebook, the messaging app WhatsApp and the photo sharing app Instagram to appear and answer questions about citizens’ rights on social media platforms, according to a report from CNBC.

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PYMNTS

DECEMBER 27, 2020

Grubhub drivers are fuming over a new company policy that has led to dramatically reduced tipping, the Financial Times reported, citing exchanges with drivers and posts by other drivers on the Reddit social media platform.

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PYMNTS

MAY 16, 2019

Across the European Union (EU), technology providers and social media platforms are increasingly playing a bigger role in the Open Banking ecosystem. At the same time, however, many players, like Facebook and Google , are squaring off against regulators that are looking at their data and payment policies with more scrutiny.

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PYMNTS

DECEMBER 12, 2019

The social media company is now reportedly investing $130 million to the effort, Engadget reported. The social media company also commissioned a third-party Human Rights Impact Assessment in response to feedback that the board should be grounded in principles of human rights.

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PYMNTS

DECEMBER 12, 2019

Officials at the Federal Trade Commission (FTC) are considering the possibility of a preliminary injunction against Facebook over antitrust issues related to how the social media giant’s apps interact with each other, according to a report by The Wall Street Journal. Facebook owns Instagram, Messenger and WhatsApp.

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PYMNTS

MARCH 28, 2019

According to a report in CNBC , citing the lawsuit, the government agency wants damages for anyone who was hurt by the advertising policies of the social media giant. Facebook recently overhauled its policies, but previously employers and landlords were able to choose audiences for ads based on race, gender, and ethnicity.

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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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PYMNTS

JULY 24, 2019

The new case was over whether the social media firm violated that decree not. . The social media giant was also hit with a March lawsuit by the Department of Housing and Urban Development over running real estate ads that discriminated against users.

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PYMNTS

JANUARY 8, 2020

Schakowsky said, according to the report, “The result is Big Tech failed to respond to the great threats posed by deep fakes … as evidenced by Facebook scrambling to announce a new policy that strikes me as wholly inadequate.”. The video had been slowed down to make her voice seem to be slurred.

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PYMNTS

JUNE 27, 2018

In a blog post , Rob Leathern, Facebook’s director of product management, said the social media giant is refining its approach to allowing crypto ads on its platform after it announced in January it was banning cryptocurrency ads that promoted binary options and initial coin offering (ICO).

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PYMNTS

JULY 28, 2019

Part of the Stanford Cyber Policy Center, the Observatory is a cross-disciplinary initiative comprised of research, teaching and policy engagement addressing the abuse of today’s information technologies, with a particular focus on social media. But it’s because governments aren’t stepping up.”.

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PYMNTS

MARCH 20, 2020

The policy being drafted by India’s trade ministry also calls for a new regulator to provide oversight and enforce compliance. The sources also told Reuters that social media companies that capitalize on advertising and user data could also be impacted by the new rules. .

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Independent Banker

JANUARY 31, 2023

Digital media gives community bankers a platform for advocacy, and ICBA’s Virtual Advocacy Primer details how you can put it to work. With these social and digital platforms, you have new points of contact for your representative. Are you trying to raise awareness about a certain policy or bill affecting community banks?

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PYMNTS

APRIL 9, 2019

The social media giant also is taking responsibility for data’s misuse by third parties, reports Reuters — and where, according to a statement from the Commission, the company “has not acted with due professional diligence.”.

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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 FTC often issues reports following these workshops,” Facebook Privacy and Public Policy Manager Bijan Madhani told the newswire. “I

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PYMNTS

NOVEMBER 19, 2020

Haldane said the adoption of digital currencies would cause a structural shift in monetary policy, and more consideration should be given to its potential benefit. Freeman allegedly worked with five co-conspirators.

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PYMNTS

SEPTEMBER 25, 2020

The social media giant also told customers through its app about Apple’s 30 percent assessment on fees — a move Facebook executives said drew the ire of their Apple counterparts. Apple has been under fire from a broad spectrum of tech executives and activists over its policy of demanding a 30 percent cut of in-app purchases.

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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. That move came as the social media said it would bring more transparency to political ads running on Facebook. Direct-to-consumer advertising on Facebook has reportedly hit a rough patch, with spending by brands decreasing there.

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PYMNTS

APRIL 6, 2020

In addition, community bankers shared their frustrations on social media about not being able to get into the system and modifications to the form. People took to social media to complain about how they were sent away by BoA, and how other FIs weren’t yet taking applications. More than 85,000 people asked for $22.2

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Social Assurance

OCTOBER 23, 2020

As a financial marketer, you probably know how difficult it can be to grow engagement on social media. Plus, with the levels of compliance surrounding financial marketing, most institutions involve multiple team members, with various levels of experience, to executive social strategies. Share Social Media Policies.

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PYMNTS

OCTOBER 14, 2019

Since the social media giant revealed its plans for Libra earlier this year, politicians, officials and regulators have all expressed concerns about the project, and how it can lead to financial instability, as well as be used for money laundering.

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PYMNTS

MARCH 26, 2020

Part of that communication and brand strategy must include social media, which too many retailers have de-emphasized. But even amid crisis, retailers need to communicate clearly — especially on social media. Are you going to extend the grace period on your return policy? Are you now going to offer free shipping?”.

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PYMNTS

JULY 16, 2019

“Cryptocurrencies such as bitcoin have been exploited to support billions of dollars of illicit activity like cyber crime, tax evasion, extortion, ransomware, illicit drugs and human trafficking,” Mnuchin said, adding that he is “not comfortable today” with the social media giant’s planned launch.

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Independent Banker

MAY 31, 2022

In April, ICBA won an Association Trends 2022 TRENDY Award for a social media initiative opposing plans that would require community banks to report additional customer account information to the Internal Revenue Service. ICBA’s award-winning #KeepMyBankingPrivate campaign opposed IRS bank customer data reporting.

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PYMNTS

MARCH 3, 2019

It is also seeking to stop the use of domain names that are Facebook-branded and the infringement of trademarks, according to the social media company. Facebook Public Policy Manager Karim Palant said, according to Reuters , that the social media firm is “open to meaningful regulation.”

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PYMNTS

JUNE 14, 2019

In Facebook ’s reported latest move to roll out a digital currency next year, the social media company has recruited a banking lobbyist: Standard Chartered veteran executive Ed Bowles is said to become the social media network’s director of foreign policy based in London, The Telegraph reported.

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PYMNTS

FEBRUARY 16, 2020

Rakuten, an early investor in the social media company, saw a return investment of 382 percent. Rakuten came under scrutiny by Japan’s Fair Trade Commission recently, however, for concerns regarding its free shipping policy.

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PYMNTS

JULY 7, 2020

Social media has been full of news of anti-maskers wrecking displays – and weeks ago, even attacking a store clerk because of regulations requiring them to mask up inside stores. There’s “Costco Karen” who had a tantrum because she was asked to do the same.

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