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Meta Messenger introduces payment shortcuts

News | Mobile Payments | 30 Mar 2022

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 rolls out Split Payments in Messenger

News | Mobile Payments | 11 Feb 2022

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

TSB reports 91% surge in romance fraud losses during COVID-19

News | Digital Identity, Security & Online Fraud | 11 Feb 2022

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 files joint lawsuit with Chime against phishing scam

News | Digital Identity, Security & Online Fraud | 10 Feb 2022

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

WhatsApp to tackle the US market

News | Digital Identity, Security & Online Fraud | 31 Jan 2022

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

Diem to sell assets to Silvergate Bank for USD 200 mln

News | Cryptocurrencies | 27 Jan 2022

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

Instagram and Facebook could ease NFT creation and selling

News | Cryptocurrencies | 26 Jan 2022

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

WhatsApp to test US payments made with Novi

News | Mobile Payments | 09 Dec 2021

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 introduces new Star features to support creators

News | Mobile Payments | 08 Dec 2021

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 to introduce split-bill option

News | Mobile Payments | 06 Dec 2021

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 to make two-factor authentication mandatory for high-risk accounts

News | Digital Identity, Security & Online Fraud | 03 Dec 2021

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 ends crypto ad ban

News | Cryptocurrencies | 02 Dec 2021

Facebook has decided to reverse its policy that prevented most cryptocurrency companies from running ads on its services.

Facebook, cryptocurrency, startup

Meta to launch retail stores in the US

News | Ecommerce | 08 Nov 2021

Facebook’s parent company Meta has announced it’s looking into opening physical stores in the US.

Facebook, product launch, shopping, Amazon

WhatsApp will include Facebook's Novi wallet in-app

News | Cryptocurrencies | 02 Nov 2021

Rebranded to Meta, Facebook has started testing its Novi cryptocurrency wallet on WhatsApp, as a part of a pilot programme in the US.

product launch, Facebook, e-wallet, cryptocurrency, WhatsApp

VTEX launches global integration with Facebook

News | Ecommerce | 04 Oct 2021

VTEX, a UK-based digital commerce platform, has announced the integration with Facebook that leverages online campaigns with data intelligence and improves sale conversion.

ecommerce, Facebook, API, GDPR, customer experience

WhatsApp offers QR code payments in Indian stores

News | Mobile Payments | 01 Oct 2021

Facebook-owned messaging service WhatsApp has announced that the camera icon in its chat composer will allow users to scan  QR codes to make payments in Indian stores.

product launch, WhatsApp, Facebook, contactless payments

Users can checkout using Facebook Pay directly on the websites of their favourite businesses

News | Ecommerce | 02 Sep 2021

Facebook has started to roll out Facebook Pay as a payment option directly on merchant websites, starting with Shopify sellers in the US.

merchants, ecommerce, online shopping, Facebook

Facebook and Indifi to provide small loans to SMEs

News | E-invoicing, SCF & E-procurement | 23 Aug 2021

Facebook India has partnered with Indifi, announcing a programme to help small and medium businesses (SMBs) that advertise on Facebook to get quick access to credit.

Facebook, funding, trade finance, supply chain finance, SME lending

Facebook digital wallet Novi is ready for market launch

News | Mobile Payments | 19 Aug 2021

Facebook has announced it will launch the Novi digital wallet tied to the Diem blockchain-based payment system, having received the necessary regulatory clearances.

Facebook, Diem, Diem Association, mobile payments, e-wallet

Facebook Pay to become available on Shopify and other platforms

News | Ecommerce | 16 Jul 2021

Facebook has announced that Facebook Pay will be available from August 2021 on other online shopping platforms, starting with Shopify.

Shopify, Facebook, online payments, ecommerce