Facebook - News, Articles & Research

Facebook Pay comes to third-party e-commerce sites

Facebook Pay is extending its reach outside of the social media behemoth's own platform, enabling online merchants to add the service as a payment option directly on their own sites.

16 July 2021

News/crypto

Facebook Diem shifts operations from Switzerland to US

Facebook-backed cryptocurrency Diem is abandoning efforts to gain a payments licence from Swiss regulator Finma and instead switching its focus to the US

13 May 2021

News/payments

Facebook tests QR code-based P2P payments

Facebook has begun trialling QR code-based person-to-person payments and personalised payment links.

06 April 2021

News/regulation

WhatsApp payment service gets go-ahead for Brazil relaunch

Brazil's central bank has given Facebook-owned WhatsApp the greenlight to relaunch P2P payments in the country - nine months after suspending the service.

01 April 2021

News/payments

Facebook and Google eye Indian digital payment network - Economic Times

Facebook and Google are teaming up with Indian firms Infibeam and Reliance Industries on an application to set up a national digital payment network in the South Asian country, according to the Economic Times.

01 March 2021

Company announcement/crypto

Fireblocks and First build institutional infrastructure for Facebook 's Diem

Fireblocks and First announced today a secure wallet and infrastructure for financial institutions to easily connect to the Diem network to facilitate transactions, enabling their clients to utilize Diem as a payment method within existing consumer experiences.

17 February 2021

Company announcement/crypto

Diem Association hires another former HSBC staffer as chief of staff

The Diem Association, an independent member organization developing a blockchain-based payment system to support financial inclusion and responsible financial services innovation, is pleased to announce the appointment of Christy Clark as Chief of Staff.

15 December 2020

News/crypto

David Marcus: Facebook deserves the benefit of the doubt

David Marcus, the head of Facebook Financial, believes that the social media company has earned the benefit of the doubt for the way it has developed engaged with the concerns of regulators and governments in the development of the Libra project.

07 December 2020

News/crypto

Libra rebrands as Diem in effort to distance itself from Facebook

The Libra Association has hailed a "new day" for the Facebook-backed cryptocurrency project, rebranding as Diem in an attempt to stress its independence as it seeks regulatory approval for a 2021 launch.

01 December 2020

News/crypto

ECB warns the future of money is at stake as Facebook preps January crypto launch

As news leaks out about a possible 2021 launch for Facebook's digital currency Libra, a senior European Central Bank official warns: "What is at stake is nothing short of the future of money".

27 November 2020

News/payments

Brazil launches instant payments platform; expects WhatsApp to return soon

Brazil's central bank has introduced its PIX instant payments platform and hinted that WhatsApp will soon get the greenlight to relaunch its own P2P payments service in the country.

16 November 2020

News/payments

WhatsApp cleared to launch payments service in India

Facebook-owned WhatsApp has finally gotten the greenlight to launch its payments service in India.

05 November 2020