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Banks Must Up Their Social Media Game to Connect with Digital Natives

Gonzobanker

Traditional financial institutions that want to compete with fintech disruptors like Chime and X (formerly known as Twitter) need to up their social media game. population will soon be comprised of what’s known as “digital natives,” those born after 1989 who have lived their whole lives immersed in technology.

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

Perficient

Here are some of the biggest payment trends we’re forecasting for the new year. A biometric payment is a point-of-sale technology that authenticates payments by pairing a payment card with a physical identifier of the cardholder. The success of social media payment capabilities showcases the need to meet customers where they are.

Industry 471
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Bank wire fraud – How social engineering and technology perpetrate fraud losses

Abrigo

Takeaway 1 Bank w ire transfer fraud is increasing due to technological advances today. Takeaway 3 Education and technology tools are our best defense against b ank wire transfer fraud in our institutions. While wire transfers offer speed and efficiency, they have always carried inherent risks. Spread the word.

Fraud 195
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India’s New Social Media Rules Would Strip Anonymity — When Asked — From Accounts

PYMNTS

They aim for more accountability in social media, which has been a worldwide trend recently as social media companies try to combat ills such as fake news, child porn and hate speech, among other things. billion residents, and the rules would cover any social media app with more than 5 million users.

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JPMorgan CEO Calls for Social Media Cleanup, Doubles Down on AI, Cloud

The Financial Brand

This article JPMorgan CEO Calls for Social Media Cleanup, Doubles Down on AI, Cloud appeared first on The Financial Brand. In his annual management letter, JPMorgan Chase chairman and chief executive analyses the impact of three key technologies.

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Bitcoin Daily: Block.one Gets Patent For DLT That Monetizes Social Media Posts; Bitfinex Seeks US Subpoenas To Track Down $800M In User Funds

PYMNTS

Block.one, which is behind the EOSIO (EOS) protocol, now has a patent for a blockchain-based bidding system for promotional exposure for social media, according to Cointelegraph. According to Block.one, the first hash value of the original content will be stored on the distributed ledger technology (DLT).

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Email, Social Media King For Retail Marketers

PYMNTS

According to research from a survey by Yes Lifecycle Marketing as quoted in eMarketer , most retail marketers are counting on email and social media to help reach their goals. The data shows a significant amount of retail marketers selecting these channels, at 68 percent for email and 54 percent for social media.