Tag: facebook

EU falling short on fintech regulations

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 […]

Payments are about politics

The ongoing revolution in payments merits everyone’s attention. That’s because it’s not just a question of winners and losers in the battle over payment technology or the societal impact of […]

Facebook scales back global currency plans

In an updated version of its white paper, released today, the Libra Association says it is scaling back its initial plans for a global payments medium and instead focusing on […]

Facebook splits UK, EU on payments

Facebook’s new payment initiative, Libra, is already causing discord between policymakers in the UK and those in other European Union countries. Libra, which is heavily backed by Mark Zuckerberg’s social […]