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Tracking Bitcoin's highs and lows

The volatile nature of bitcoin trading has been brought into the spotlight by recent sharp rises and falls in the cryptocurrency after Mark Zuckerberg's grilling in Congress was countered by positive sentiment from China about blockchain and a future central-bank backed currency.

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JPMorgan builds 'Volfefe Index' to measure market impact of Trump's tweets

JPMorgan Chase analysts have created an index to analyse the influence of Donald Trump's tweets on US interest rates, finding that the President's 240-character outbursts are increasingly moving markets.

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Tide debuts TV ad campaign

UK fintech Tide will begin advertising their online business banking account on television, expanding on their One Less Thing to Improvise campaign having debuted on Sky AdSmart this week.

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Facebook readies WhatsApp Pay for Indian launch

WhatsApp is set to launch its P2P payments system later this year, beginning in India, before rolling out to its 1.5 billion users globally.

/payments

EBAday 2019: A 'Universal' approach to P27 and regional payment areas

Closing EBAday 2019 with a lively debate on what is expected from fully integrated, open-access infrastructures for domestic and cross-border payments, banking executives and technology innovators discuss how regional initiatives fit into the pan-European context, while keeping P27 in mind.

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Facebook reveals digital wallet plan

Social media platform Facebook has unveiled further details of its much-anticipated digital currency offering, which it hopes will transform financial services.

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Facebook to launch cryptocurrency in 2020

Facebook is finalising a digital payments system called ‘GlobalCoin’, which is expected to be available across 12 countries by the start of 2020.

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DBS retrains call centre staff for digital future

Singapore's DBS has retrained more than 500 call centre employees for the digital age, creating new roles in areas such as social media, voice biometrics and live chat.

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The platform ecology model: A deep dive

Eating the dust of Barclaycard’s partnership with Alipay, Finextra reports on the dominance of Ant Financial and Tencent in China and the emergence of the platform ecology business model in South East Asia, which will be dissected in detail at Money20/20 in Singapore this week.

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Facebook talks to cryptocurrency exchanges about selling its new digital coin - NYT

Facebook's plan to introduce its own digital coin that people can send and receive, across borders, over WhatsApp is so advanced that talks are already underway with cryptocurrency exchanges about selling the new token, according to the New York Times.

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Facebook posts 'marketplace payments blockchain' job ad

In another hint of its intentions in the payments space, Facebook has been advertising for a 'Technical Program Manager, Marketplace Payments Blockchain'.

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Cryptocurrencies will be regulated in 2019 because of FOMO in 2018

At this year’s London Blockchain Week, the event opened with a summary of how the perception of bitcoin, and its underlying technology blockchain, has changed over the past five years.

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Facebook acqui-hires Chainspace team for blockchain push

Facebook has reignited speculation about its plans in the payments space by aqui-hiring the team behind London-based blockchain startup Chainspace.

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First direct lets customers make payments from within messaging apps

UK bank first direct has teamed up with social payments startup PayKey to let customers send money to friends from within apps such as WhatsApp and Facebook Messenger.

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Royal Bank of Canada named in Facebook privacy scandal

Royal Bank of Canada has become embroiled in a privacy scandal engulfing Facebook after it emerged that the social network appeared to provide a raft of Big Tech companies with privileged access to user accounts.

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TD Ameritrade brings WeChat integration to the US

TD Ameritrade customers in the US can now do their research, access the markets and get support through Chinese social and messaging platform WeChat.

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Outage fever strikes UK banks

A spate of online banking glitches has hit the UK's leading high street banks, leading inevitably to discussions of resilience and operational risk in the industry.

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Traders under the #MeToo spotlight

Banks are increasingly turning to monitoring software in order to eradicate inappropriate behaviour on the trading floor.

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WeChat Pay launches in Malaysia

WeChat, China's most popular social media app, has launched its digital payments service, WeChat Pay, in Malaysia, marking its first product to be released in Asia outside of China and Hong Kong.

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Facebook wants more bank data to rebuild trust with users

Facebook has asked large US banks to share detailed financial data about their customers in an effort to deepen user engagement on its Messenger platform, according to the Wall Street Journal.