Tag: Social Media
Elon Musk begins beta test of X Money payments service
Paying your rent, sending a message, and scrolling news updates could soon all happen in the same app. Elon Musk’s social media platform X...
FCA issued double the amount of social media warnings in 2024
The Financial Conduct Authority (FCA) has reiterated its call for social media firms to take more action to identify and prevent illegal financial promotions.Over...
PSR reports increased vigilance but distrust of social media among APP...
Faith in social media has taken a hit due to fraudulent activity committed via the platforms, according to the Payment Systems Regulator (PSR).The PSR...
FCA takes aim at influencers as UK finance sector highlights social...
The UK’s financial watchdog has followed up a warning issued against ‘finfluencers’ earlier this year with an investigation against some social media personalities.Twenty finfluencrs,...
Facebook cites privacy and racial bias concerns for removal of facial...
Facebook has confirmed that it will move away from facial recognition technology in pictures and videos mainly citing concerns with regards to privacy and...
SumUp enables small business support through social media payments
UK-based payments service provider SumUp is boosting support for small businesses, enabling customers to offer support via social media during COVID-19 by discovering Gift Cards...
