Discover all the Company news on Meta and other articles related to Meta in The Paypers News, Reports, and insights on the payments and fintech industry:
Discover all the Company news on Meta and other articles related to Meta in The Paypers News, Reports, and
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US-based multinational technology corporation Meta has expanded its information-sharing partnership with banks across the UK to safeguard individuals against fraud and scams.
fraud management, fraud detection, online fraud, online security, data sharing
UK-based fintech Revolut has urged Meta to share responsibility for reimbursing users who fall victim to fraudulent activities.
fintech, fraud prevention, scam, customer experience
US-based multinational technology corporation Meta has been fined USD 102 million by the Irish DPC over not encrypting user passwords.
regulation, data protection, data breaches, biometrics, biometric authentication
India-based fintech company MobiKwik has announced that its payment gateway arm, ZaakPay, has partnered with Meta to provide an embedded payment solution via WhatsApp.
partnership, payment methods, UPI, digital wallet, credit card, debit card, SMEs
Meta has agreed to a USD 1.4 billion settlement with Texas to resolve a lawsuit alleging that it illegally used facial-recognition technology to collect biometric data from Texans without consent.
Meta, data privacy, biometrics, facial recognition, settlement
Data protection authority in Brazil (ANPD) has blocked Meta from training its AI models on Brazilian personal data, citing the risks of serious damage and difficulty to users.
online security, data protection, regulation, artificial intelligence
The European Data Protection Board (EDPB) has announced that online platforms, including Meta, should not require users to pay for data privacy for ad-free subscriptions.
GDPR, data privacy, regulation, data protection, data analytics
Meta has announced its partnership with ONDC in order to provide small businesses in the region of India with an optimised digital commerce experience.
partnership, payments , online payments, digital payments, mobile payments, ecommerce
PayPal has announced its partnership with Meta in order to allow donations on Facebook and Instagram in the regions of the US, UK, Australia, and Canada.
partnership, product launch, expansion, mobile payments, online payments, digital payments, donation
US-based Meta has agreed to ask EU-based users for consent before allowing businesses to perform targeted advertising based on their preferences.
regulation, compliance, GDPR, data protection
Meta Platforms has selected US-based nsKnox to provide global vendor account validation and B2B payments fraud protection.
B2B payments, partnership, fraud management, data protection
Meta has been fined with EUR 1.2 billion by regulators from the European Union for violating EU privacy laws by transferring personal data of Facebook users to servers in the US.
Meta, Facebook, data sharing, data privacy, GDPR
Meta has reportedly started the development of a decentralised, text-based social network application that supports ActivityPub.
product launch, blockchain, Meta, data privacy
Brazil's central bank has approved Meta Platforms' (META.O) payments launch for SMEs in Brazil via its messaging application WhatsApp, building on the app's existing local peer-to-peer payment system.
mobile payments, SMEs, customer experience, m-commerce
Ecommerce retailer and fintech firm MercadoLibre has announced it is discussing with Meta to start processing payments on the WhatsApp messaging service in Brazil.
partnership, payments , mobile payments, online payments, direct to consumer, WhatsApp, payment processing, instant payments
metaverse, NFT, product launch, Augmented Reality