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Meta launches Meta Pay, digital wallet for metaverse

News | Cryptocurrencies | 23 Jun 2022

Mark Zuckerberg, Meta’s CEO, has introduced Meta Pay and a digital wallet for the metaverse via a Facebook post, according to newsroompost.com.

 

Meta, metaverse, digital wallet

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

EU to introduce the Digital Markets Act by end of March 2022

News | Digital Identity, Security & Online Fraud | 24 Mar 2022

The European Union has reportedly decided to make the Digital Markets Act into law by the end of March 2022, to scrutinise bigtech companies, including Apple, Google, and Amazon, according to phonearena.com.

Amazon, bigtech, Meta, Apple, Google, digital identity

Netflix, Nintendo & others to suspend operations in Russia

News | Online Payments | 08 Mar 2022

Following a global wave of support for Ukraine, several tech companies, including Netflix have announced they are exiting the Russian market.

Russia Ukraine War, netfix, Meta, Snapchat, financial sanctions, online shopping, shopping

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

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

The Facebook stablecoin dream has shut down

News | Cryptocurrencies | 02 Feb 2022

The Diem project, launched by Facebook as Libra in 2019, has shut down following scrutiny from financial regulators.

Diem, Meta, blockchain, stablecoin, crypto

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