PAYMENT

Brazil blocks Facebook’s payments push

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Brazil’s central bank has put an apparent stop to Facebook’s payments plans in the country only a week after the tech giant announced the launch of a new WhatsApp-based digital […]

BIS warns of new monopolies in payments

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The Bank for International Settlements (BIS) has issued a rallying call for countries to prevent the emergence of powerful new monopolies in the form of digital platforms run by large […]

Rise of the platforms

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Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of […]

Facebook launches digital payments in Brazil

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There’s no sign of a let-up in tech mogul Mark Zuckerberg’s push into payments. Facebook announced today that its WhatsApp messenger service has started offering in-app digital payments for users […]

Covid wipes out cash

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The rate of spread of coronavirus through the human population may be slowing, but the pandemic seems well on the way to claiming another permanent victim: physical cash. That seems […]

EU falling short on fintech regulations

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Two key European Union laws—the General Data Protection Regulation (GDPR) and the fifth Anti-Money Laundering Directive (AMLD5)—are hindering the future growth of financial technology (‘fintech’) and blockchain businesses in the […]

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