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Tag: Facebook

Facebook tests Venmo-like QR codes for p2p payments in US

Facebook users might soon be able to pay other users through the app as the social media giant has begun testing Venmo-like QR codes to facilitate peer-to-peer payments.

Mastercard and Visa pull out of Pornhub after abuse allegations

Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.

Libra changes name to Diem as it is gearing up for...

The Libra Association has changed its name to the Diem Association to reinforce "its organisational independence" as the cryptocurrency could launch as early as January.

Libra could launch as early as January

The Facebook-led Libra Association is reportedly gearing up to launch its cryptocurrency at the start of 2021.

Marqeta to serve as Uber’s card issuing partner

Uber has taken another step into the FinTech space by entering into a card-issuing partnership with Marqeta.

WhatsApp given the green light to operate as a payment service...

Indian regulators has given WhatsApp a thumbs up, allowing the Facebook-owned app to operate as a payment service in the country.

French junior minister tells FinTechs to stand up to big tech

Companies like Amazon, Google and Facebook have taken steps into the financial industry, but now a French minister is urging FinTechs to stand their ground.

Bank of England governor calls for cryptocurrency regulations

Andrew Bailey, governor at the Bank of England, has called on financial regulators to stop playing catch up in how they supervise digital payments methods such as stablecoin and cryptocurrencies.

ECB warns that big tech entering the FinTech space could lead...

The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.

Indian competition regulator dismisses antitrust case against WhatsApp’s payment services

Competition Commission of India (CCI) has dismissed a case accusing WhatsApp of abusing its market dominance in the payment space.
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