Tag: facebook

Diem could slash dollar payment costs

Diem, the Facebook-sponsored digital currency, could be highly disruptive to the US dollar payments infrastructure, say analysts at Bank of America Merrill Lynch (BAML). Earlier this week Diem said it […]

WhatsApp gets green light for payments in India

Facebook-owned messaging service WhatsApp said that from today it is rolling out a payments option for its 400m users in India. The new feature will enable Indian users of the […]

ECB is preparing for digital euro

The president of the European Central Bank (ECB), Christine Lagarde, says Europe is falling behind in the global money race and may soon launch a new digital version of the […]

Brazil blocks Facebook’s payments push

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 […]

Rise of the platforms

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

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 […]