CFPB Monitor

MARCH 1, 2023

The Federal Communications Commission (FCC) has issued a Report and Order and Further Notice of Proposed Rulemaking that would impose new requirements for the blocking of text messages by mobile wireless providers and propose new limitations on senders of text messages.

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Meeting Mobile Report 78

Payments Dive

APRIL 7, 2020

Get Paid Faster with Pay by Text Payments

Payments 271

Payments 271

Jack Henry

SEPTEMBER 23, 2021

Text messaging is one of the most popular ways for users to reach friends and family. And yet, text messaging has relatively few viable use cases in financial services today. With its immediacy and simplicity, it seems like an obvious way for banks and credit unions to send alerts, updates, and more.

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PYMNTS

FEBRUARY 13, 2020

The personal shopping and delivery service relied on text messages and promised speedy delivery. Jetblack members paid $600 a year to order anything except fresh food by text message. The concierge shop-by-text service never made it out of New York and the division lost money. The service ends Feb. 8 incubator?,

New York City 141

New York City New York Training Capital 141

PYMNTS

NOVEMBER 26, 2020

This process requires consumers to provide not only their usernames and passwords to access services, but also an additional form of verification such as a biometric identifier or a code that can be emailed to them or sent via text message. The pitfalls of text-based verification. Leveraging phone-based verification.

Security 174

Security social media Fraud Retail 174

PYMNTS

SEPTEMBER 6, 2019

Instead of offering website ordering, the purchasing system is based on text messaging. The customer visits the website and creates an account that links their card number to their phone number, then texts their order to the company. Texting, Normandin noted, is “the most ubiquitous form of communication on Earth.”

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social media Branding System Examples 139

PYMNTS

AUGUST 27, 2020

Mitek , which offers digital identity verification services, has partnered with Lightico , which works in the field of identity verification and eSignatures, to provide a new way to complete transactions over a text message, a company blog post stated.

Security 173

Security Fraud Mobile Company 173

Bank Innovation

MAY 26, 2016

The “them” is text banking apps, and the degree to which they have been marginalized baffles me. Many banks have them. Many banks spend money on them. Nearly all of those banks ignore them. Earlier this week, I asked a top innovation executive at one of this nation’s largest financial Read More.

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National Innovation Google Marketing 231

PYMNTS

DECEMBER 1, 2019

An exposed database run by TrueDialog revealed millions of SMS text messages, according to published reports on Sunday (Dec. Most of the text messages were sent by businesses to potential customers, with the service offering recipients the opportunity to respond to the messages so they can have two-way conversations with brands or businesses.

Security 142

Security Google Data Online 142

CFPB Monitor

AUGUST 10, 2023

Court of Appeals for the Ninth Circuit has ruled that text messages are not “prerecorded voice messages” for purposes of the Telephone Consumer Protection Act’s (TCPA) prohibition on using “an artificial or prerecorded voice” to make non-emergency calls to cell phone numbers without the called party’s consent. A unanimous panel of the U.S.

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The Paypers

JANUARY 11, 2024

Solutions by Text has announced its partnership with Prodigal in order to optimise customer finance in the US with AI-powered intelligence.

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US 45

BankUnderground

APRIL 20, 2021

Text data is often raw and unstructured, and yet it is the key means of human communication. In this post we apply these techniques to a new setting: the text comments left by respondents to the Decision Maker Panel (DMP) Survey, a UK-wide monthly business survey. The Decision Maker Panel (DMP). Figure 2: Word cloud of firm comments.

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Survey Analysis Policies Data 106

Bank Innovation

FEBRUARY 16, 2020

MoneyGram is upgrading its digital capabilities beyond international cash pickup services with FastSend, a new feature that allows customers to send money to recipients’ accounts via mobile phone numbers instead of account numbers. The feature rolled out earlier this month.

Fintech 329

Fintech Payments Mobile Groups 329

PYMNTS

NOVEMBER 25, 2020

And in digital onboarding, some companies, financial institutions and other organizations are turning to text message-based verification solutions. In clothing retail, rental platform Wardrobe is gaining a geographic footprint in the southern U.S. All this, Today in Data.

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Retail Data Mobile How To 140

Payments Dive

APRIL 7, 2020

This White Paper helps navigate the regulatory environment to offer text solutions.

Payments 221

Payments 221

CFPB Monitor

AUGUST 19, 2022

It took 44 years for the law to catch up to modern technology, but the CFPB finally did it in 2021 with Regulation F’s guidelines for FDCPA-compliant electronic communications like email and text messages. Regulation F’s call frequency limits do not apply to email, text messages, or other electronic communications.

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DC Regulation social media Maryland 78

CFPB Monitor

NOVEMBER 9, 2020

Continuing our series of blog posts breaking down the CFPB’s final debt collection rule, we now discuss the use of email and text messages, and how to qualify for a safe harbor from civil liability for unintentional third party disclosures resulting from these types of communications. With respect to text messages, under Section 1006.6(d)(5),

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Examples Regulation System Operations 113

PYMNTS

MARCH 19, 2019

ACI Worldwide, a real-time payment and banking company, has partnered with Solutions By Text, a Dallas-based automated texting company, to allow companies to receive payments through text, according to a release by ACI. ACI works with upwards of 3,600 organizations, the company said.

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Dallas Software Mobile Payments 100

PYMNTS

SEPTEMBER 26, 2016

Think about the number of texts you send each day. For millennials between the ages of 18 and 24, the number of texts sent on a normal day averages 109.5, or about seven texts per waking hour. According to the study, and others, the top reasons that millennials prefer texting is speed and convenience. Can’t even?

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Millennials Study Course Strategy 100

PYMNTS

AUGUST 8, 2019

Groupon has acquired an AI-driven voice and text messaging tool called Presence AI , according to a press release. Presence AI’s technology is very complementary to what we’ve been building into our existing booking experience and will accelerate our roadmap with its text- and chat-based interface.”.

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Tools Millennials Study Software 100

PYMNTS

AUGUST 26, 2019

the Caribbean and Latin America will be able to make reservations over text message. Delta Air Lines said it is also planning to test customer service over text. . Starting next month, customers looking for flights on Spirit Airlines in the U.S., 1 in both English and Spanish, according to a company press release Monday (Aug.

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Regional America Payments Cards 138

PYMNTS

JULY 11, 2017

Experian recently reported that it has unveiled Text for Credit, a credit application initiated and completed via text message. In one cited use case, an applicant “interested in taking advantage of a store credit card incentive” could secure the card using Text for Credit through his mobile device.

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Maine Survey Mobile Cards 109

CFPB Monitor

JULY 20, 2022

The Commissioner is now considering draft regulations related to the DCLA’s scope, annual report, and document retention requirements, and has issued an “ Invitation for Comments on Draft Text for Proposed Second Rulemaking Under the Debt Collection Licensing Act.”.

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California Regulation Taxes Report 141

TheGuardian

APRIL 22, 2023

Sophisticated robotexts are bombarding Americans’ phones, costing unsuspecting people millions of dollars The text message created an instant surge of panic. Freemsg: Chase, Did you attempt wire transfer amount of $7500. Reply Y if recognized, Or NO to stop fraud.” Continue reading.

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US Fraud 76

South State Correspondent

JUNE 6, 2016

In a moderate corner of the big data world, lies a discipline called text analytics. Text analysis is the mining of data contained in natural language done to derive bias, sentiment, sentence structure and word usage. If you have seen a “word cloud” you have seen the basic building block of text analysis.

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Analysis Big Data Analytics Survey 150

SWBC's LenderHub

OCTOBER 29, 2020

In the past quarter century, texting—like the internet—has become ubiquitous. We’re used to communicating with friends and family via text throughout the day, sending quick hellos, and coordinating plans.

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Matt Wilcox Pro

JANUARY 7, 2019

Over the past decade, monthly texts have increased 7,700 percent. Texting accounts for about a third of the time Millennials spend on their phones.(1) Worldwide we send about 19 billion of them a day. Americans send about two for every voice call they place. People between 18 and 25 send 133 a week. 1) Only in [.]

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Millennials 68

South State Correspondent

JUNE 21, 2016

Last week we pulled everything that was said about banks on social media (Twitter, Facebook, and Instagram) and ran it through a text analytics engine to see what we could learn. This was over 1,000 posts, largely retail-focused, where we looked at word choice, subject, sentiment, style and tendencies.

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Analysis social media Analytics Retail 150

The Paypers

OCTOBER 4, 2023

Solutions by Text has launched embedded payments within its FinText platform in partnership with fintech Nuvei to redefine the bill payment experience for consumers and businesses.

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Payments Fintech 41

TheGuardian

MARCH 21, 2021

The Sunday Times reported that the former prime minister, who was an adviser and shareholder in Greensill, sent multiple texts to Rishi Sunak in April 2020, in hopes of gaining access to cheap, 100% government-backed loans through the Covid corporate financing facility (CCFF). Continue reading.

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Report Capital Security 137

Matt Wilcox Pro

JULY 2, 2020

Originally posted on January 7, 2019 Staying home for months on end can mean more texting, participation in social media, and, at the extreme, actually using a phone to make a voice call. Over the past decade, monthly texts […] With the first two, we may soon see more cases of “trigger thumb” and related ailments.

social media 68

social media 68

Payments Dive

MARCH 17, 2016

TFCU members can now use their preferred debit card, credit card or bank account to pay loans by responding to a text message.

Cards 150

Cards Payments 150

Payments Source

MARCH 2, 2020

Customer interaction platform Podium has added a Payments feature, allowing businesses to use text messaging to accept funds directly from customers.

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Payments 72

The Paypers

JANUARY 30, 2023

International retail chain Walmart has recently introduced Text to Shop feature, which allows clients to shop for their favourite in-store products via text.

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Retail 36

PYMNTS

JANUARY 25, 2018

According to news from Chain Store Age , the retailer is collaborating with Apple on the launch of Business Chat, a feature designed for customers to interact directly with the brand via text messages. Interactions from within the Apple Message app are all self-contained.

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Apple Branding Retail System 108

PYMNTS

OCTOBER 18, 2016

Zipwhip, the Seattle startup that enables companies to text customers from the internet, announced Monday (Oct. Zipwhip’s technology enables companies to text their customers from the internet, desktop computers and smartphones. With its technology, hundreds of million of landlines can receive and send text messages , noted the report.

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Seattle Capital Report Technology 100

Perficient

JANUARY 27, 2021

When you return to work on Monday, you learn your supervisors are unhappy with the sound quality of the TTS (technology reads digital text aloud) prompts. They would like you to update them to SSML (SSML converts text into lifelike speech) prompts until new professional prompts are recorded. How would you feel?

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Management Groups Examples Branding 508