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fintech earnings
Fintech
·Feb. 7, 2022

Facebook pummeling pulls down fintech earnings

The beginning of February '22 will be remembered for one thing: Facebook — and the tech market it has come to represent — had a terrible quarter.
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Fintech
·Oct. 4, 2021

Facebook down, and so was its digital payments site Novi

"We're aware that some people are having trouble accessing our apps and products," Facebook said in its first public comment on Twitter. "We're working to get things back to normal as quickly as possible, and we apologize for any inconvenience."

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FintechLatAm
·Jun. 16, 2020

Facebook Launches WhatsApp Payments in Brazil

Facebook is launching a WhatsApp-based digital payments service for the messaging app’s 120m Brazilian users; users will be able to...
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FintechUSA
·Jun. 4, 2020

Payday Lenders Taking Advantage of Consumers During Pandemic

Recent research suggests that payday lenders are marketing directly to consumers who are seeking financial help due to the pandemic;...
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FintechUSANews Roundup
·Apr. 20, 2020

Facebook’s Libra Set to Become Another PayPal

When Facebook first launched Libra they laid out a grand plan to help reshape the financial system, that plan is...
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facbooks diem stable coin project sells
Crypto
·Feb. 1, 2022

FB Meta crypto project Diem officially sells out

Silvergate, a US-based crypto bank that first partnered with the Facebook venture to create a stable coin last May, said in a release they paid $182 million for the operations infrastructure.
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The digital marketing converting online followers into advertising money.
Crypto
·Aug. 23, 2021

Facebook Announces New Cryptocurrency Payment Product

Facebook announced last week that their digital payments platform, Novi, is nearly ready to launch across multiple states, having passed regulatory checks. Novi will use a stable cryptocurrency called Diem to launch payments across borders for the 2.7 billion users of the social network.
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FintechUSA
·Jun. 8, 2020

Digital Currency is the New Space Race

Digital currency is slowly becoming a race for both central banks and the private market; China is about to launch...
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FintechUSANews Roundup
·May. 19, 2020

Visa’s Digital Dollar Could Help Push Central Bank Digital Currencies

The U.S. Patent Office published a Visa patent application from November that would create a gateway to allow for central...
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News RoundupFintechUSA
·Apr. 17, 2020

Facebook Releases Plans for a Scaled Back Libra After Regulatory Pushback

Facebook has re-released plans for Libra which are scaled back from their original vision after getting significant pushback from global...
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