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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
Social media platform Meta (Facebook) has announced a new chat shortcut for Messenger users designed to smooth internal payments.
Meta, Facebook, online payments, mobile payments, instant payments, cash flow, cashless
Meta has announced that Split Payments are now available within its Messenger app in the US on iOS and Android phones.
Meta, Facebook, mobile payments, product upgrade, digital payments
UK-based TSB bank has observed the doubling of romance fraud cases in the pandemic as a result of the shift to online dating amid distance restrictions.
research, friendly fraud, Facebook, financial crime, online fraud
Meta Platforms has filed a joint lawsuit with digital banking company Chime against two Nigeria-based individuals who engaged in phishing attacks to deceive people and gain access to their online financial accounts.
Facebook, Meta, phishing, digital banking, financial services
Meta, formerly known as Facebook, has announced its first-ever US marketing push for one of the company’s social media and instant messaging apps, WhatsApp. The first TV ad aired in late January 2022 and the Meta’s intend is to make the instant messaging app as popular in the US as it is in Europe.
WhatsApp, product upgrade, Facebook, encryption
Meta Platforms-led enterprise Diem Association has decided to sell its technology to Silvergate Capital for USD 200 million, according to CoinDesk, citing The Wall Street Journal.
Diem, Diem Association, Facebook, acquisition
Social media companies Instagram and Facebook (Meta) have been reportedly considering a way to create, display, and sell NFTs on their platforms.
Facebook, Instagram, metaverse, Novi, NFT, digital assets
Meta-owned social media platform WhatsApp is planning on testing its payment feature in the US, using Novi integration.
Novi, WhatsApp, Facebook, digital wallet, stablecoin, online payments
Meta has released the new Stars Fest, a one-month campaign running throughout December 2021 that comes with several new Stars features to promote Facebook creators and reward users.
product upgrade, Facebook, mobile payments, digital payments, real-time payments, instant payments, online payments
Facebook Messenger has announced that it is testing a new split payments feature that allows users to share the cost of expenses and bills directly through the app.
product upgrade, Facebook, online payments, mobile payments, e-money, QR payments, QR code
Facebook has announced it will make two-factor authentication (2FA) mandatory for high-risk accounts likely to be targeted by malicious hackers.
Facebook, two-factor authentication, risk management, online authentication
Facebook has decided to reverse its policy that prevented most cryptocurrency companies from running ads on its services.
Facebook, cryptocurrency, startup