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Facebook's road to Libra: 2009 to 2019

Payments Source

Facebook's Libra project didn't come from nowhere. The social network has a long history of experimenting with digital payments, and launched a separate (and ill-fated) digital currency a decade ago.

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Major banks shared sensitive bonds information in online chats, CMA finds

TheGuardian

Traders at five banks found to have discussed British government bond trading between 2009 and 2013 The UK’s competition watchdog has provisionally found that five major banks broke competition law by unlawfully exchanging sensitive information about British government bond trading in online chatrooms. Continue reading.

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MobileBytes Launches New Update For Online Ordering

PYMNTS

MobileBytes , the point of sale (POS) for iPad innovators, has released its next-generation software update for online ordering. These upgrades to our online ordering system are a direct result of what users have told us they want and need from their POS system.”.

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As Digital Banking Advances, Denmark Sees 60% Jump in Card Fraud

Bank Innovation

As online banking becomes more popular, countries are grappling with cybersecurity. Danish credit card fraud significantly increased in 2016, Bloomberg said, and reports of online fraud in the country have increased 300% from reports in 2009. […].

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Keeping Online Counterfeits Off Luxury Marketplaces

PYMNTS

Sales of counterfeit goods, particularly on third-party sites that facilitate transactions between individual buyers and sellers, have skyrocketed with the advent of online shopping. Online Luxury and the Importance of Authentication. trillion by 2020.

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Reserve Bank of India rules online marketplaces must comply with 2009 guidelines

The Paypers

(The Paypers) Reserve Bank of India has ruled that online marketplaces must adhere to its 2009 guidelines on settlement of payments for electronic payment transactions involving intermediaries.

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Harland Clarke Buys Online Coupon Site RetailMeNot For $630 Million

PYMNTS

per share in cash for the online coupon site, about 50 percent higher than the stock’s closing price of $7.75 Harland Clarke, a payment and marketing services firm, has acquired RetailMeNot for $630 million in equity. According to TechCrunch , Harland Clarke will pay $11.60 in early April. The deal is expected to close this quarter.

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