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US Banks Rethink Social Media as a Threat, Not a Marketing Tool

DONZI
Established Contributor

US Banks Rethink Social Media as a Threat, Not a Marketing Tool

 

By Reuters May 18, 2023, at 1:02 a.m.

 

..and elsewhere, Social Media Is Now a Financial WMD.

 

..yeah, okay. The internet has been around for a little while. So, for 20 or at least 10 years nobody in the bank biz thought beyond "this interwebs thing is really cool!" until now? I don't think so. (cough) Zelle, direct deposit, uh.. and more new ways to move money around fast.. Smells like hypocrisy to me. I can't wait to see how internet content and other data taught AI plays out.

 

Passing blame around isn't helpful. If there was stupidity, greed, complacency, etc. involved, oh well. Not crimes. If a crime was involved, serve justice. If nothing else, I can digest the take-away, express, vote, etc. how I wish in reaction if desired.

 

Luck is a funny thing, good or bad and culling the herd is a part of nature too..

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Message 1 of 12
11 REPLIES 11
CreditCuriosity
Moderator Emeritus

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool

AI with auto generated social media integration is scary especially when biased on whatever side it is biased towards.  Sounds make/break especially publically traded companies.  Interesting times ahead.  No way to regulate it either as other countries simply won't so got to live somehow to learn to live with it.  More so than not also with social media and hem using it as marketing has backfired on many companies as recently so companies must rethink a tweet, etc before posting it at highest level of the companies vs. someone in say marketing.  Interesting times coming

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Message 2 of 12
805orbust
Valued Contributor

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool

...wondering how our post history here could be weaponized.  I had a moderator contact me once and he knew my first name... not cool.  I guess nothing is really private anywhere. 



Message 3 of 12
Jeffster1
Established Contributor

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool


@805orbust wrote:

...wondering how our post history here could be weaponized.  I had a moderator contact me once and he knew my first name... not cool.  I guess nothing is really private anywhere. 


I agree 💯. That is why MyFICO.com account is under a different email address from the one I use here for this forum.

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Message 4 of 12
FireMedic1
Community Leader
Super Contributor

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool


@805orbust wrote:

...wondering how our post history here could be weaponized.  I had a moderator contact me once and he knew my first name... not cool.  I guess nothing is really private anywhere. 


@805orbust Go to "My Settings" where you make siggy changes. Scroll all the way down. All the IP's you ever used. Smiley Happy



Homeowner Sept 2020. 2021 Explorer ST Chase 3.1%. Sharing my rebuild after BK from learning here. Started 540's. FICO 9 801 as of 05/03/2023. I stayed around to pay it forward for those who helped me back then.

Message 5 of 12
805orbust
Valued Contributor

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool

@FireMedic1   Ugh... well there it is.  And NOT that I have a problem with you guys knowing my name, but mods having access to that!?  Whole different story.  Totally wish I had done what @Jeffster1 did... of course they probably know that one too but... layers.



Message 6 of 12
FireMedic1
Community Leader
Super Contributor

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool


@805orbust wrote:

@FireMedic1   Ugh... well there it is.  And NOT that I have a problem with you guys knowing my name, but mods having access to that!?  Whole different story.  Totally wish I had done what @Jeffster1 did... of course they probably know that one too but... layers.


@805orbust No no no. I dont see anything but me. And the 25 IP's in my profile from computers I sit at 3 jobs to peek in. Smiley Very Happy

Your name could be Waldo for all I know.



Homeowner Sept 2020. 2021 Explorer ST Chase 3.1%. Sharing my rebuild after BK from learning here. Started 540's. FICO 9 801 as of 05/03/2023. I stayed around to pay it forward for those who helped me back then.

Message 7 of 12
CreditCuriosity
Moderator Emeritus

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool

The volunteer moderators didn't have as much information as a lot of people believed.  Certainly some, but nothing product related, etc.  

NFCU Platinum 50k | NFCU More Rewards 30k | BofA Merrill+ 45k | BofA Premium Rewards 25k | Affinity FCU Cash Rewards 22.5K | CSP 40k | Chase Amazon Visa 20k | Chase Freedom Flex 5k | Chase IHG 1k | Chase Ritz 30k | AOD FCU 20k | FNBO Duck Unlimited 25k | PNC Cash Rewards 22.5k | Citi Premier 14k | Citi Custom Cash 31k | US Bank Alt Connect 20k | Union Bank Cash Rewards 15.5k | SECU 20k | Discover 20k | William Sonoma Visa 35k | Farm Bureau 18.5k | Synovus Cash Rewards 18.5k | Regions Cash 14k | TD Cash 6k | Penfed Cash Rewards 30k | Penfed Pathfinder 20k | 5/3rd Trio 10K | BMO Harris Cash 18.5k | Barclay's Red AA 22k | MFCU 20k | Amex Business Cash 30k | Amex Business Prime 20k | Amex Delta Business Platinum 10k | AMEX BBP 15k
Message 8 of 12
M_Smart007
Legendary Contributor

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool


@FireMedic1 wrote:

@805orbust wrote:

...wondering how our post history here could be weaponized.  I had a moderator contact me once and he knew my first name... not cool.  I guess nothing is really private anywhere. 


@805orbust Go to "My Settings" where you make siggy changes. Scroll all the way down. All the IP's you ever used. Smiley Happy


My hundreds of VPN IP's are listedSmiley Happy

 

And as CreditCuriosity posted, I can confirm MOD's have very limited info.

A very old @Dinosaur once told me that.

Message 9 of 12
805orbust
Valued Contributor

Re: US Banks Rethink Social Media as a Threat, Not a Marketing Tool

Dang I've been asking y'all for the wrong advice all this time?  🤣



Message 10 of 12
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