Tagged: whatsapp

December 21, 2021 @ 11:02 am By JD Alois  |  

Earlier this week, the Securities and Exchange Commission hit JPMorgan (NYSE:JPM) with a $125 million penalty. JP Morgan Securities, a subsidiary of JP Morgan, was fined for “widespread and longstanding failures by the firm and its employees to maintain and preserve written communications,” said the… Read More

December 10, 2021 @ 5:11 pm By JD Alois  |  

Meta, formerly known as Facebook (NASDAQ:FB), has enabled its digital wallet Novi to transfer funds using Paxos’ dollar-based stablecoin USDP via WhatsApp – another Meta company. Paxos is a top digital asset platform in the US that has pursued a compliance-first approach to providing crypto… Read More

September 7, 2021 @ 4:41 pm By Omar Faridi  |  

Worldline (Euronext: WLN), the European provider of payments and transactional services, has reportedly become a WhatsApp Business Solution Provider for the distribution and provision of WhatsApp Business API, enabling firms to connect with clients in a secure and reliable manner. Today, clients like to connect… Read More

July 20, 2021 @ 11:06 pm By Priyanka Pani  |  

pinBox, a global PensionTech working towards providing digital micro-pension and social security inclusion, has raised $ 1 million in funding from Venture Catalysts (Vcats), an integrated incubator, along with accelerator fund 9unicorns. Founded in 2016 by industry veterans Parul Seth Khanna and Gautam Bhardwaj, pinBox… Read More

April 1, 2021 @ 7:37 pm By Omar Faridi  |  

Brazil’s reserve bank will again allow Facebook-owned WhatsApp to offer peer-to-peer payments services in the South American country. The decision to permit WhatsApp to again facilitate transactions in Brazil has come nine months after the service had been suspended. In June of last year, Brazil… Read More

March 3, 2021 @ 8:54 am By Samantha Hurst  |  

  India-based banking group Axis Bank announced on Wednesday it has formed a new partnership with chatting app WhatsApp to offer basic banking services to its customers. According to Axis Bank, the partnership will allow customers to seek information regarding their account balance, recent transactions, credit card… Read More

December 2, 2020 @ 9:33 pm By Omar Faridi  |  

Governments across the globe are always trying to create a balance between enabling or supporting tech advancements and innovation while preventing large companies such as Google (NASDAQ:GOOG) and Facebook (NASDAQ:FB) from unfairly using their dominant position to eliminate smaller competitors. India is reportedly planning to… Read More

November 6, 2020 @ 7:26 am By Omar Faridi  |  

Facebook (NASDAQ:FB) owned WhatsApp has reportedly received approval to introduce its digital payments services in India. The National Payments Corporation of India (NPCI), which is an umbrella organization for operating or managing retail payments and settlement systems in the country, has given WhatsApp the green… Read More

August 11, 2020 @ 9:42 am By Omar Faridi  |  

Facebook Inc. (NASDAQ:FB), which currently has a market cap of around $750 billion, employs over 52,000 workers, and generated over $70 billion in revenue last year, has introduced a new group to focus on payments and digital commerce opportunities. David Marcus, the co-creator of the… Read More

July 24, 2020 @ 2:06 pm By Samantha Hurst  |  

India banking group Yes Bank announced on Friday the launch of WhatsApp banking services to empower customers and enable them to bank securely from the safety of their homes. Yes Bank revealed that customers may now check their savings account balance, view recent transactions &… Read More

July 7, 2020 @ 10:12 am By Samantha Hurst  |  

India-based banking group ICICI Bank announced it has crossed a milestone of one million users on its WhatsApp banking platform. The bank reported it introduced banking services on WhatsApp three months ago to enable its retail customers to undertake a slew of banking requirements from… Read More

June 15, 2020 @ 12:06 pm By JD Alois  |  

Facebook’s WhatsApp messaging platform is now facilitating payments in Brazil, according to a post by Facebook founder Mark Zuckerberg. WhatsApp was acquired by Facebook (NASDAQ:FB) in 2014 for approximately $19.3 billion. WhatsApp is the world’s most popular messaging application with over 2 billion users worldwide…. Read More

June 15, 2020 @ 10:53 am By Samantha Hurst  |  

WhatsApp Payments, an in-chat payment feature that lets customers perform transfers through the messaging app to anyone in their contact list, announced on Monday it is bringing digital payments to WhatsApp users in Brazil. “The over 10 million small and micro-businesses are the heartbeat of Brazil’s… Read More

June 15, 2020 @ 7:28 am By Omar Faridi  |  

WhatsApp Payments, an in-chat payment feature that lets customers perform transfers through the messaging app to anyone in their contact list, may finally be on track to achieve mass adoption in India. WhatsApp is owned by Facebook, (NASDAQ:FB) who bought the social media platform in… Read More

April 30, 2020 @ 9:56 pm By Omar Faridi  |  

WhatsApp Payments, an in-chat payment feature that lets customers perform transfers through the messaging app to anyone in their contact list, has not achieved mainstream adoption in India. The UPI-based payments service lets users send and receive funds. It has been created by the National… Read More

April 27, 2020 @ 6:10 pm By Omar Faridi  |  

Challenger Bank Zelf is reportedly planning to introduce its digital banking offering which will operate exclusively through widely-used messaging apps. The Latvian Fintech firm claims that it has already signed up more than 58,000 users, who are waiting for the official launch of Zelf’s virtual… Read More

April 7, 2020 @ 10:22 pm By Omar Faridi  |  

Hong Kong-based Hang Seng Bank, a banking and financial services company, has launched a new chat contact for WhatsApp users based in the city, which is a special administrative region of the People’s Republic of China. The new chat feature aims to provide a direct… Read More

March 30, 2020 @ 8:01 am By Samantha Hurst  |  

India-based banking group Icici Bank announced on Monday it has launched its banking services on WhatsApp in oder to enable retail customers to undertake in a “slew of banking requirements” from their home.  Anup Bagchi, Executive Director, ICICI Bank, stated that through WhatsApp, retail customers may… Read More

May 12, 2019 @ 3:17 pm By Cali Haan  |  

Facebook (NASDAQ:FB) is stuffing its ranks with former PayPal staff, and an announcement regarding the company’s much-anticipated stab at creating a cryptocurrency may come as early as next quarter, though the company is still far from a viable product, unnamed sources tell Bloomberg. Facebook has… Read More

March 3, 2019 @ 9:00 am By Aubrey Hansen  |  

Internet messaging services are big business today, with some of the biggest names in tech involved, but for most people, the dream is a secure, fully encrypted service that will keep users information completely safe. That dream isn’t shared by various governments and those tasked… Read More