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Tag: Facebook

Facebook cryptography project is supported by many well known brands

Lately, the Internet has been full of news about the next Facebook cryptocurrency project. So, what would it take to further increase the expectations for Facebook’s crypto project? Well, it seems that a partnership with Uber, PayPal, Mastercard and Visa is the solution. Facebook is associated with Uber, PayPal, Visa…

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Mexico: Amazon, Facebook and Google want to take advantage of payment systems under the Fintech law

In Mexico, giant entrepreneurs such as Amazon, Facebook and Google, approached the National Banking and Securities Commission (CNBV) to seek authorizations in terms of payment systems under the Fintech Law. This was reported by Forbes Mexico, on March 29. The article quoted the president of the CNBV, Adalberto Palma, who…

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Facebook considers adding payment option in Whatsapp Business for Latin America

Among the most interesting features of this app, are automated responses and order statistics. It is oriented to micro, small and medium enterprises, which do not have such intensive communication needs. Facebook considers enabling the option to make payments through WhatsApp Business, the business version of its popular instant messaging…

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US investigates Twitter, Facebook and Google for unfair competition

Mobile phone with Facebook and Twitter applications among others. The US says it is reviewing how technology companies have gained power in the market and if they have engaged in practices that harm competition The US Department of Justice announced Tuesday that it has opened an investigation into the business…

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Why the USA government investigating on the four technological giants

For a long time, the Internet giants have been targeted because of the enormous amount of information they manage and the way they protect the data of millions of users around the world. For that reason, in Washington, politicians of all spaces, allied to give a new battle against the…

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Millions of Facebook records found on Amazon cloud servers

Researchers at UpGuard, a cybersecurity firm, found user information data hidden from view, publicly displayed inadvertently on Amazon.com Inc. cloud servers. The finding shows that one year after the Cambridge Analytica scandal which exposed the insecurity and the open diffusion of the information of the users of Facebook online. The…

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How Facebook’s cryptocurrency will change the financial landscape

Binance wants to list the Libra cryptocurrency of Facebook when it is published. In a series of interviews this week with industry media, Binance’s chief strategist, Gin Chao, revealed that the main exchange of cryptocurrencies was in the initial conversations with the leading social media platform in the hope of…

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Will Libra shake up financial services and banking?

Facebook’s first foray into the financial world prompted an immediate question yesterday: how far will your new digital currency shake up traditional financial services? The vision of Facebook promises a world where banks and other means of payment are disintermediated by Libra, which could allow instant and almost free international…

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The entry of major technology companies in financial services could change to the banking sector

Banks in the European Union could have an instantaneous payment system by 2020, according to a Reuters report of June 26. According to the report, real-time payments have been possible in the euro zone since 2017, but only about half of the banks in the bloc adhered to the initiative.…

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