PYMNTS

OCTOBER 9, 2019

In India, a delay for WhatsApp Pay? WhatsApp is owned by Facebook, and the messaging service has more than 450 million users in India. The government and the Reserve Bank of India have reportedly expressed concerns that WhatsApp may not demonstrate full compliance with those regulations, and so the rollout may in fact be delayed.

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Compliance Regulation Data Payments 139

PYMNTS

NOVEMBER 6, 2019

A source has revealed that the UAE may lift its ban on WhatsApp calls. Most Voice over Internet Protocol (VoIP) services — including Skype, FaceTime and WhatsApp — are illegal in the UAE. “There might be a lift of that ban for [WhatsApp] voice calls … and this is going to happen soon.

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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.

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PYMNTS

MARCH 14, 2019

The two executives are Chris Cox, chief product officer and a close confidant of Zuckerberg, and Chris Daniels, head of the firm’s WhatsApp unit. His job included overseeing Facebook and the company’s other platforms, Instagram and WhatsApp. The team is trying to find out how to best use the technology on Facebook.

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Payments Source

NOVEMBER 5, 2020

to start operating its WhatsApp payments service in the world’s biggest open technology market. India allowed Facebook Inc.

Payments 169

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PYMNTS

OCTOBER 31, 2019

India’s Technology Minister Ravi Shankar Prasad is asking the Facebook-owned messaging platform WhatsApp for the details of the hack that compromised the smartphones of journalists, human rights activists and others, Reuters reported on Thursday (Oct. 29) that it was helping WhatsApp investigate the incident. “As

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PYMNTS

OCTOBER 9, 2018

WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to store payment data locally in India. Reuters , citing a statement from WhatsApp, reported the company confirmed it built the system in response to India’s payment data guidelines.

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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. We’re exploring lots of areas of interest across all facets of blockchain technology.”.

blockchain 164

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PYMNTS

FEBRUARY 4, 2019

WhatsApp, the Facebook-owned messaging app, now supports the biometric authentication technologies of Apple. A tech publication reported that people updating to the newest version of WhatsApp on iOS will see the new feature in the Privacy menu, enabling them to add an extra layer of security.

Security 108

Security Apple Technology Report 108

PYMNTS

JUNE 26, 2020

We have deep dives on faster worker pay as well as cloud banking and news on WhatsApp’s payment functionality in Brazil. Brazil Central Bank Cites Lack Of Competition In Shutting Down WhatsApp Payments. The central bank of Brazil has reportedly halted WhatsApp’s payment functionality in the nation, pointing to antitrust concerns.

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PYMNTS

MARCH 1, 2019

Citing various sources with knowledge on the matter, The New York Time s reported that Facebook is currently working on a coin that users of its WhatsApp could instantly send to friends and family.

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PYMNTS

JULY 20, 2018

Due to possible concerns over the storage of user data and other issues, the Indian government is delaying Facebook ’s planned nationwide launch of the WhatsApp payment service in the country. During the past several months, WhatsApp has launched a payments feature in India that now has around one million users.

Payments 102

Payments National Report Data 102

BankInovation

NOVEMBER 5, 2020

to start operating its WhatsApp payments service in the world’s biggest open technology market. WhatsApp pay can go live using the homegrown, multibank Unified Payments Interface, the National Payments Corporation of India said in a statement Thursday. India allowed Facebook Inc.

Payments 98

Payments National Operations Technology 98

PYMNTS

FEBRUARY 22, 2019

The Indian parliamentary committee on information technology has asked representatives from Facebook, the messaging app WhatsApp and the photo sharing app Instagram to appear and answer questions about citizens’ rights on social media platforms, according to a report from CNBC. asked Gopalakrishnan S., It is absolutely evil.”.

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PYMNTS

OCTOBER 6, 2020

In today’s top payments news around the world, Italian digital payment firm Nexi has agreed to buy FinTech rival SIA, while Brazilian ride-hailing service 99 will collaborate with Facebook-owned WhatsApp. China's Didi Teams With WhatsApp to Offer Ride-Hailing Service in Brazil in One App. China-based Didi Chuxing Technology owns 99.

Payments 126

Payments Meeting Fintech Technology 126

PYMNTS

JANUARY 7, 2019

WhatsApp Looks To Bring Mobile Payments To 210 Million. Facebook’s WhatsApp seems to be working overtime to get its mobile payment services up and running nationwide in India. Analysts believe WhatsApp’s entrance could be a major disruptor in the up-and-coming market and a major problem for India-based Paytm.

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PYMNTS

NOVEMBER 7, 2017

Google’s app store has been infiltrated by a fake WhatsApp application late last week that more than one million people downloaded. The fake WhatsApp was the most downloaded of the many copycat apps that made it into Google’s app store this year, as developers seem to prefer making copies of that app, and have been doing so since 2013.

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Google Security Tools Examples 101

PYMNTS

OCTOBER 4, 2020

The Department of Justice (DOJ) effort to break Facebook away from Instagram and WhatsApp might not be so easy, according to The Wall Street Journal (WSJ). Facebook bought Instagram, the photo- and video-sharing social networking service, in 2012 for $1 billion and WhatsApp, the cross-platform messaging service, in 2014 for $19 billion.

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The Paypers

MARCH 16, 2021

Digital fintech enablement provider Ukheshe Technologies and telco Infobip , have developed South Africa’s very first WhatsApp payment gateway.

Technology 31

Technology Payments Fintech 31

TheGuardian

MARCH 13, 2023

Industry insiders said a WhatsApp group called “save UK tech” was hastily assembled over the weekend as the sector attempted to stave off the threat of financial problems swamping tech firms as soon as Monday.

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Groups Industry US Operations 61

PYMNTS

AUGUST 7, 2019

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. Facebook CEO Mark Zuckerberg has said he wants users to be able to talk to one another across Instagram, WhatsApp and Messenger.

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PYMNTS

JUNE 18, 2020

As part of the broader effort to push digital payments’ expansion in Latin America, Visa announced this week a new working partnership with Facebook to help power the new payments feature on WhatsApp in Brazil. Now, the technology is launching in time for the upswing in eCommerce caused by the pandemic. “We Tokens In The Cloud.

America 180

America Payments Security Regional 180

Bussman Advisory

MAY 20, 2022

The post WhatsApp introduces commercial services as Meta seeks fresh revenue | New Apple Tap to Pay feature spotted | Klarna hits 150 million users appeared first on Bussmann Advisory AG. We offer advisory services for the executive team and in-person or virtual courses with tailored topics.

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Apple social media Fintech blockchain 52

PYMNTS

JUNE 26, 2020

billion to acquire Zoox, the Foster City, California self-driving technology company. WhatsApp, Brazil Central Bank in Talks to Restore Payments Service. WhatsApp, after Brazil’s central bank shut down its payment functions in the country earlier this week, has signaled that it could soon work things out with the bank.

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Regulation Payments California Maine 249

PYMNTS

NOVEMBER 9, 2020

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny from governments and consumers. Facebook’s WhatsApp To Grow Payments Service Following NPCI Go-Ahead. Regulation. EU Gears Up To Propose New Big Tech Regulations.

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Regulation social media Compliance California 211

Bussman Advisory

DECEMBER 9, 2021

The post Video game giant Ubisoft launches NFT platform | Facebook extends Novi crypto payments trial to WhatsApp | Buffett-backed Nubank raise $2.6B The latest edition of the FinTech Ecosystem Newsletter is here : Interested in FinTech or Digital Assets related Advisory or Workshop? in IPO appeared first on Bussmann Advisory AG.

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Bussman Advisory

APRIL 3, 2021

FinTech Ecosystem Insights by Bussmann Advisory is our weekly newsletter, summarizing relevant news and reports related to ecosystems around disruptive technologies, highlighting key updates from the industry as well as our portfolio companies: Credit Suisse lurches from one risk management crisis to the next.

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PYMNTS

JUNE 16, 2020

Plus, WhatsApp launched digital payments features for its app in Brazil. Walmart has purchased CareZone, a health services technology company that promises to manage prescription drugs for customers and simplify the ordering and payment process. WhatsApp Launches P2P Payments, eCommerce Payments.

Apple 150

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Bank Innovation

APRIL 25, 2018

Cryptocurrency startup MobileCoin has just raised $30 million for the expansion of its technology, which will link the startup’s cryptocurrency network into mobile messaging applications such as WhatsApp or Signal.

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Mobile cryptocurrency blockchain Technology 210

PYMNTS

OCTOBER 19, 2018

As such, WhatsApp, Facebook’s messaging app that is trying to make inroads in the digital payments market in India, has created a system to store payment data locally in India. Reuters , citing a statement from WhatsApp, reported the company confirmed it built the system in response to India’s payment data guidelines.

Regulation 172

Regulation Payments Guidelines System 172

PYMNTS

OCTOBER 27, 2016

We want to be known as the WhatsApp of Money,” said Brion Nazzaro, group compliance director at WorldRemit. WorldRemit received $40 million in a 2014 Series A funding round care of Accel Partners and $100 million in a Series B round led by Technology Crossover Ventures. “Our headquarters are in the U.K., Funding has also grown.

Mobile 100

Mobile Denver Compliance National 100

PYMNTS

NOVEMBER 19, 2019

Reddy’s remarks were prompted after a lawmaker asked if the government had pried into people’s conversations on WhatsApp and other digital messaging apps. Last month, WhatsApp confirmed that the Israeli company NSO Group ’s spyware Pegasus was used to spy on at least 19 journalists and human rights activists in India.

San Francisco 100

San Francisco Groups California Software 100

PYMNTS

FEBRUARY 17, 2020

WhatsApp Gets Nod in India. In India, after two years of development, the Facebook-owned messaging service WhatsApp has received regulatory approval for its WhatsApp Pay platform in India. The phased WhatsApp launch is connected to its expansive user base. FTC’s Expanded Probe Into Big Tech.

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Regulation Google Operations Company 140

PYMNTS

JULY 16, 2019

This week’s news of a security flaw in the Android versions of WhatsApp and Telegram, first revealed by Symantec, marked the latest cybersecurity warning for users of high-profile technologies. The publication also noted that WhatsApp has not found evidence of this vulnerability ever being exploited.

Security 100

Security Fraud Mobile Payments 100

PYMNTS

AUGUST 21, 2019

That series will focus on global technology trends across financial services and how FinTechs and banks can work together across those efforts. It is indeed imperative that banks capitalize on these technological advances and the associated business models. Among the reported partners are Go Jek, DANA and OVO.

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Fintech Guidelines Policies Regulation 174

PYMNTS

AUGUST 1, 2018

As of Wednesday (August 1) South Africa’s Absa Group officially rolled out WhatsApp banking as part of its continuing effort to develop a digitally-led bank in Africa. The addition of WhatsApp banking is part and parcel to a growth plan for Absa that observers have called “ambitious.”

Payments 107

Payments Mobile US America 107

American Banker

AUGUST 15, 2023

The SEC and CFTC charged 11 Wall Street firms $549 million in penalties over recordkeeping violations. The agencies vow to continue enforcing compliance throughout the industry.

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Compliance Industry Technology Regulation 69