Tag "Facebook"
Facebook and Paypal Invests in Gojek to Join its Bid to Boost Digital Payments
Gojek announced today that Facebook and PayPal have joined Google, Tencent and others as investors in its current fundraise. This new investment will support Gojek’s mission to boost Southeast Asia’s digital economy, with a focus on supporting payments and financial
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From Libra to WhatsApp Pay — A Glance at Facebook’s Fintech Play
For years, social networking giant Facebook has shown interest in the fintech market, partnering with PayPal to build digital payment capabilities into its Messenger app, testing and introducing payment services on its various messaging platforms, and exploring blockchain and cryptocurrency
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Prime Minister Lee Hsien Loong: Not All Problems Need a Blockchain Solution
Prime Minister Lee Hsien advised sober assessment of blockchain technology in a Facebook post shared earlier. Ironically on his Facebook post he was also commenting on the Facebook’s controversial cryptocurrency project, Libra. Describing Facebook’s Libra, he said it has “a
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Singapore’s Central Bank Has Some Serious Reservations about Facebook’s Cryptocurrency
The Monetary Authority of Singapore is now among the regulators that have expressed reservations about Facebook’s upcoming cryptocurrency, Libra. The central bank sees significant obstacles in Facebook’s way, according to a Bloomberg report, and they are “not trivial”. Ravi Menon,
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RCBC Waiting on Regulator Approval for Its Stablecoin on IBM’s Blockchain
RCBC Bank is currently awaiting regulatory approval to issue its own Philippine Peso-backed cryptocurrency on the newly announced IBM Blockchain World Wire, a real-time global payments network created for regulated financial institutions. RCBC Bank sees this as an opportunity to
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Vietnam Messaging App Zalo: A Super App which might be bought by Facebook in 2020
Following on the lead of other “super apps,” Zalo has been integrating new functions into its app, including a payment platform called Zalo Pay, which was introduced last year. Launched in 2012, Zalo is Vietnam’s premier chatting platform, with more
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GAFA and Banking: The Next Battleground?
I got my first iPod in 2002 — it was my first Apple product. I had had a Sony Walkman for a long time and had recently moved on to their MiniDisc player, but the iPod was so much better.
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AfDB Partners with Microsoft & Facebook to Tackle Unemployment
The African Development Bank, together with partners – The Rockefeller Foundation, Microsoft, and Facebook –launched the Coding for Employment Program at the African Innovation Summit in Kigali, Rwanda. By training youth in demand-driven Information and Communications Technology (ICT) curriculum and
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Banking On Social Networks Is Real And It’s Coming; Chat Banking
Social media have changed the way we socialize, interact, consume, and will soon change the way we bank and manage our finances. Admit it, Facebook is the first app you open when you wake up in the morning or while
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China: ApplePay Struggles to Take Off Amid Fierce Competition / Launch in Singapore
The mobile payments industry is expected to become a US$142 billion market by 2019, according to PricewaterhouseCoopers, a trend that has led to the emergence of a great number of mobile payments systems. Apple Pay, which launched in the US
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