PYMNTS

JUNE 18, 2020

Facebook has purchased Mapillary in the social media giant’s efforts to expand open mapping efforts, Mapillary said in a blog post. The Facebook mapping efforts have powered Facebook Marketplace and its database of small businesses, and they have been used to aid humanitarian efforts through the world, the post notes.

Company 160

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PYMNTS

AUGUST 20, 2020

Facebook CEO Mark Zuckerberg testified before the Federal Trade Commission (FTC) as part of the agency’s antitrust investigation into the popular social media giant, CNBC reported. Facebook spokesman Joe Osborne said the company is “committed to cooperating with the U.S.

social media 209

social media Apple Innovation Google 209

Bank Innovation

OCTOBER 24, 2017

Continuing its development of financial technologies on its platform, social media firm Facebook has joined a Visa program that enables the network to access its Token Service for payments, Visa announced today.

social media 236

social media Payments Financial Technology Technology 236

PYMNTS

AUGUST 3, 2020

Facebook is intensifying its push into eCommerce as demand grows for online shopping amid the coronavirus pandemic. 3), Facebook unveiled plans for a Commerce Accelerator that will work with 60 startups picked from a pool of applicants from Europe, the Middle East and Africa, as well as Latin America. On Monday (Aug. On Monday (Aug.

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PYMNTS

FEBRUARY 20, 2019

In an interview with Harvard Law professor Jonathan Zittrain, Facebook CEO Mark Zuckerberg said that he’s “potentially interested” in using blockchain technology for Facebook logins, and that the tech could help the process of allowing access to data by third-party apps, according to a report from The Verge.

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PYMNTS

JULY 28, 2020

Facebook CEO Mark Zuckerberg’s speech for the antitrust hearing before Congress on Wednesday (July 29) touts his company’s mission as one of connectivity, boosted by selling ads and debuting new services to connect to users, according to a transcript from Politico.

Innovation 159

Innovation Apple Google Industry 159

PYMNTS

SEPTEMBER 15, 2020

Facebook will dole out millions in cash and advertising credits to small businesses across India, while also helping merchants launch online gift cards, as the social media giant pushes deeper into the country’s fast-growing eCommerce sector. In a Tuesday (Sept.

social media 157

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PYMNTS

MARCH 1, 2019

Facebook , Telegram and Signal are looking to launch their own cryptocurrencies that will allow users to send money internationally on their messaging systems. Facebook has assigned more than 50 engineers to its project, which is being headed up by former PayPal President David Marcus.

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PYMNTS

FEBRUARY 5, 2019

Facebook is making a big push into blockchain technology with some new hires, according to reports. The company recently hired four people who were instrumental in the blockchain startup Chainspace , and has also been investing a lot of money and resources in the technology.

blockchain 166

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PYMNTS

JANUARY 17, 2020

Facebook has been sued by four companies regarded alleged anti-competitive practices, according to a report by Reuters. Facebook said it will litigate the suit in court. “In Facebook has been in contention with smaller app developers that saw their companies thrive through access to user data.

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PYMNTS

AUGUST 7, 2019

Facebook is moving to merge messaging systems so mobile app users can chat across all channels, Bloomberg reported Wednesday (Aug. The goal is to have Instagram ’s chat feature use Facebook Messenger ’s technology, so Instagram users can communicate with those using Messenger, people familiar with the matter told Bloomberg.

Resources 161

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PYMNTS

FEBRUARY 17, 2020

European Union industry commissioner Thierry Breton rebuked Facebook’s proposed new internet rules Monday (Feb.17), 17), saying it was Facebook ‘s responsibility to adapt to the EU and not the other way around, according to Reuters. Jourova said Facebook couldn’t simply push away any responsibility.

Regulation 141

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PYMNTS

SEPTEMBER 17, 2020

A day after Facebook generated headlines with twin announcements about smart glasses and upcoming work on wearable augmented reality, the company’s chief scientist said in a Reuters report that the company is unlikely to fully integrate the two for five to 10 years. That’s not a 2021 thing. I’m talking about the future.”.

US 142

US Technology Report Company 142

PYMNTS

DECEMBER 10, 2018

Social media giant Facebook is looking to grow its blockchain team, according to a report. The blockchain team is a startup within Facebook, with a vision to make blockchain technology work at Facebook scale,” the ad said. “We’re Facebook already has about a dozen people working on blockchain and cryptocurrency.

blockchain 177

blockchain social media cryptocurrency Risk Management 177

Bank Innovation

APRIL 19, 2017

The 100,000 chatbot-strong platform Facebook Messenger gained a few new friends yesterday, during the social media giant’s F8 Developer conference. The Messenger platform has become the prime landing space for all kinds of bots, from restaurants to fintech. The platform currently has about 1.2

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PYMNTS

JULY 30, 2019

Facebook revealed that it is making progress on developing its brain -reading computer. The technology, which will be tested throughout the rest of the year, can potentially provide a means of communication to patients who can no longer speak after severe brain injuries. The social media giant announced the program in 2017. “We

San Francisco 163

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Bank Innovation

MAY 3, 2017

Facebook is the key to online traffic—but most small businesses run to the social media king to drive in-store traffic, too. More than 40% of SMBs will turn to Facebook for a boost in in-store traffic, according to a survey of 250 SMBs across the U.S., conducted by digital marketing technology company Netsertive.

social media 239

social media Study Survey Online 239

Bank Innovation

JUNE 28, 2016

If you haven’t heard yet, bots are taking over financial services, and are bringing Facebook with them. A Danish neobank called Lunarway introduced its Facebook banking bot, Lunar Way Bot 1.0, The chatbot responds to simple queries, for now, such as checking balance, or looking up how much you spent Read More.

Innovation 284

Innovation Technology Mobile 284

PYMNTS

MARCH 14, 2019

In surprise announcements, two senior Facebook executives said they are leaving the company just days after CEO Mark Zuckerberg said he was shifting the direction of the social media giant, according to a report in The Wall Street Journal. Cox was one of Facebook’s early engineers and was seen by many as a successor to Zuckerberg.

social media 143

social media blockchain Leadership Report 143

PYMNTS

SEPTEMBER 30, 2020

House committee this week began reviewing the idea of allowing the likes of Amazon or Facebook to receive charters to operate as banks — an idea that’s already gotten plenty of pushback from traditional financial institutions (FIs). However, the banking industry doesn’t like that one bit. “We

Regulation 349

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PYMNTS

DECEMBER 21, 2018

In an effort to help WhatsApp users transfer money, Facebook is reportedly creating a digital currency. Like many other companies, Facebook is exploring ways to leverage the power of blockchain technology,” said a spokesperson for Facebook. dollar, and is reportedly eyeing India’s remittance market.

blockchain 164

blockchain social media cryptocurrency Software 164

PYMNTS

FEBRUARY 10, 2019

Facebook has acquired GrokStyle , the maker of image-matching technology, to beef up its work in the field. Bloomberg reported Facebook spokeswoman Vanessa Chan confirmed the acquisition, saying the social media giant is excited to bring in GrokStyle. It didn’t say Facebook was the place they would be landing.

social media 138

social media Mobile Technology blockchain 138

PYMNTS

DECEMBER 13, 2019

Facebook has been using a new type of artificial intelligence (AI) to identify and delete hundreds of millions of fake accounts, according to a report by VentureBeat. According to Facebook, the increase in numbers is due to a machine learning framework called deep entity classification (DEC).

Training 140

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PYMNTS

SEPTEMBER 14, 2020

Users no longer have to be in the same room – or even on the same continent – to watch videos together, thanks to Facebook’s latest offering. 14), Facebook announced the launch of a new Watch Together feature that enables families, friends and others to view Facebook Watch videos together on their own screens, wherever they may be.

social media 169

social media Video Conference Mobile 169

Bank Innovation

OCTOBER 3, 2016

As you might have seen, the second your eyes opened this morning (I’m assuming like the rest of the population that your phone is already in your hands when this happens, if for no other reason than shutting off your alarm), Facebook has just today launched its own peer-to-peer, ecommerce Read More.

Fraud 376

Fraud Online Technology Mobile 376

PYMNTS

JUNE 17, 2020

The Competition Commission of India (CCI), the nation’s antitrust police, is investigating Facebook Inc.’s He declined further comment on the Facebook- Jio transaction on Wednesday (June 17). . In its CCI application, Facebook said the deal does not alter the competitive landscape in any way. . s digital assets. billion people.

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PYMNTS

DECEMBER 3, 2020

regulators are eyeing complaints that Facebook is muscling out the competition in the virtual reality area, as more than 40 states gear up to file an antitrust lawsuit against the company next week. 3) that virtual reality startups are accusing Facebook of muscling out the competition in that up-and-coming technology.

Regulation 141

Regulation New York social media Apple 141

Bank Innovation

FEBRUARY 23, 2017

The caption read: “Brett King once hoped his company, Moven, would become ‘the Facebook of banking.’” If you picked up the New York Times Business section this morning, you probably saw the photo of the fintech guru, Brett King, looking out the window of a dimly-lit room. Those hopes are Read More.

New York 306

New York Fintech Company Operations 306

PYMNTS

JULY 2, 2020

The CEOs of the world’s four biggest technology companies will testify later this month before the House Judiciary Committee as lawmakers investigate competition in the tech industry, Reuters reported. CNBC reports the hearing would mark the first time all four executives testified together in front of Congress.

Google 171

Google Apple Rhode Island Taxes 171

PYMNTS

OCTOBER 23, 2020

In today’s top payments news around the world, Facebook is bringing its online dating tool to Europe, while cross-border mobile messaging program WhatsApp is introducing new offerings that will let companies sell inside of chats. Plus, daVinci Payments will merge with North Lane Technologies for the formation of a new firm.

Payments 142

Payments Groups America Tools 142

PYMNTS

JUNE 7, 2020

Facebook has launched, what it calls, a new way to train artificial intelligence (AI) in chatbots. The online news service reported Facebook revealed 13,000 human to human conversations across two retail spaces, furniture and fashion, were used as data for the training. Like furniture, assistants could sort by price, brand, color.

Training 177

Training Retail Data Report 177

PYMNTS

AUGUST 21, 2020

Amid an approaching Federal Trade Commission (FTC) meeting, Facebook has advocated for rules that make it simpler for users to move media to a competing technology firm, Reuters reported. The FTC often issues reports following these workshops,” Facebook Privacy and Public Policy Manager Bijan Madhani told the newswire. “I

Meeting 142

Meeting social media Data Google 142

PYMNTS

AUGUST 21, 2020

Facebook ’s Chief Marketing Officer Antonio Lucio is leaving the social media behemoth after just two years on the job to actively promote diversity in the technology sector. He wrote on his LinkedIn page : “After two meaningful years, I have decided to step down as chief marketing officer of Facebook.

Puerto Rico 143

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PYMNTS

JULY 31, 2020

Facebook is enabling official music videos on its social media platform in the United States to help users unite over music. Facebook said worldwide music video premiers with video content from Calibre 50, Sebastian Yatra and Karol G, among others will occur on the platform in the weeks to come.

Video 141

Video social media United States US 141

Accenture

DECEMBER 2, 2019

With technologies such as digital currencies and blockchain gaining momentum in the banking industry, more players are looking to adopt them to improve their services and build market share. The most recent example is Facebook’s announcement of the launch of a new cryptocurrency, Libra.

Technology 152

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PYMNTS

SEPTEMBER 3, 2019

Facebook has announced it’s going to stop using its controversial Tag Suggestions feature, and facial recognition technology is going to be available to all of its users, Reuters reported Tuesday (Sept. Facebook is accused of breaking the state’s law on biometric activity, called the Biometric Information Privacy Act.

Illinois 122

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PYMNTS

SEPTEMBER 9, 2019

Microsoft President Brad Smith is concerned about how thieves are weaponizing tech, and he is berating Facebook for allowing it to fester on its network, The Washington Post reported on Sunday (Sept. Digital technology has become both a tool and a weapon, and we need to address that head-on,” Smith said in an interview with the WP.

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social media Washington Tools Regulation 189