Social media

News/payments

Nu Mexico lets customers receive payments from US via WhatsApp

Nubank customers in Mexico can now receive money from the United States via WhatsApp thanks to a partnership between the digital banking giant and Felix Pago

11 January 2024

News/payments

X plans P2P payments this year

Social media platform X, formerly known as Twitter, says it will introduce peer-to-peer payments this year.

10 January 2024

News/security

SEC X account hacked and used to send bogus bitcoin news

The US Securites and Exchange Commission has confirmeed that its X account was hacked and used to post spurious approval for the listing and trading of spot Bitcoin exchange-traded products.

09 January 2024

News/retail

Monzo Wrapped prompts outpouring of shame and anger

Monzo's end-of-year Wrapped campaign informing customers of how they've spent their money this year has prompted an outpouring of hand-wringing shame and anger on social media.

18 December 2023

News/payments

Elon Musk’s X granted payment processing license in 13 US states - and counting

The social media platform formerly known as Twitter received approval for payments services from Pennsylvania, building on Musk’s ambitions of transforming X into an “everything app” where users can conduct their “entire financial life” on the app.

15 December 2023

News/retail

Elon Musk wants X to replace users' bank accounts within a year

Elon Musk wants X to manage users' "entire financial life" so that they "won't need a bank account" by the end of next year.

27 October 2023

News/retail

Barclays warns students about money mule risks

As the academic year gets underway, Barclays is warning of a sharp rise in the number of cash-strapped students being targeted by criminals to act as money mules.

03 October 2023

News/retail

NatWest suffers ATM glitch

UK high street bank NatWest has resolved an IT problem with its ATMs that left thousands of customers believing they were missing funds.

22 September 2023

News/regulation

TikTok fined €345 million for EU privacy breaches

The Chinese-owned short-video platform has been fined over its handling of children's data in Europe between the 31st of July, 2020, and the 31st of December, 2020.

15 September 2023

Long read/Social media

Níamh Curran Senior Reporter at Finextra

Fintok: Should your financial brand be on TikTok?

15 September 2023

News/payments

X gains payment licences in seven US states

X, the social media platform formerly know as Twitter, has obtained money transmitter licences from seven US states over the past month.

31 August 2023

News/regulation

FNA awarded University of Cambridge grant to develop market monitoring tool

Network analytics and simulation firm FNA has been awarded $100,000 as part of the University of Cambridge’s SupTech Launchpad competition, to develop a working prototype of a tool for financial market monitoring via social media and web extraction.

30 August 2023

News/markets

Yahoo buys social investing platform Commonstock

Yahoo has acquired Commonstock, a social platform that lets retail investors link their brokerage accounts and share their portfolio's performance and discuss their trades and strategies. Terms of the deal were not disclosed.

24 August 2023

News/security

Minister orders review after Bank of Ireland IT glitch

Ireland's minister for finance has called for an investigation into the robustness of banking technology infrastructure after a technical glitch with Bank of Ireland's (BoI) mobile banking app enabled customers to seemingly withdraw free money.

17 August 2023

News/crime

AI risk management tool secures $20m fund raise

Blackbird AI, which develops AI-driven narratives for risk management, has raised $20m in a series B funding round.

16 June 2023