Social media

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/payments

Brazil Central Bank ices Facebook's WhatsApp payment service

The central bank of Brazil has suspended Facebook's WhatsApp payment service within ten days of its roll out, citing competition issues in the mobile payment space.

/retail

BNP Paribas Fortis chooses Worldline for contact service

Worldline [Euronext: WLN], the European leader in the payments and transactional services industry, has sealed a multi-year contract with BNP Paribas Fortis, a leading financial institution in Belgium and across Europe.

/crypto

Calibra rebrands as Novi in preparation for digital currency roll out

Facebook's digital wallet provider Calibra has been given a make-over, changing its name to Novi and confirming in-app integration with Messenger and WhatsApp.

/security

Scammers left to run riot on social media, Which? finds

Popular social media platforms such as Twitter, Instagram and Facebook have become a breeding ground and safe haven for criminals selling people's personal financial details, according to an investigation by Which? Money.

/startups

Banks and innovation — Gringotts’ goblins are so last century

Former banker Elliot Goykhman explains how his frustrations with traditional bank accounts led him to create a new bank - Zelf - delivered solely through popular messaging apps.

/retail

Hang Seng Bank's virtual assistant Haro joins WhatsApp

Hang Seng Bank has introduced a new chat contact for WhatsApp users in Hong Kong, providing a direct connection to its retail virtual assistant Haro.

/sustainable

LSE sustainable business head: ESG is the highest priority for large investors

David Harris, group head of sustainable business of the London Stock Exchange, spoke to Finextra TV about how he works to integrate sustainable finance across the capabilities of the group by considering the flow of data from issuers through to investors and the capabilities needed to support both and ultimately, the entire market.

/payments

Uber Money bolsters team in India

Ride-hailing company Uber has set up shop at the Hyderabad Tech Centre in India, welcoming over 100 technology professionals to a new Uber Money team.

/Social media

Garanti BBVA is now on WhatsApp

As part of Garanti BBVA’s goal to enhance customer experience on the go, the bank is now offering customer service on a corporate WhatsApp account.

/regulation

Federal Reserve opens new Twitter account

The Federal Reserve Board on Wednesday launched a new Twitter account aimed at increasing access to the research done by the more than 400 economists and other research staff at the Board.

/markets

CubeLogic brings sentiment analysis to Iowa.rocks

IOWA.rocks, the one-stop-shop for all data needs, serving content consumers, content creators and ecosystem partners, today welcomes CubeLogic and their CubeWatch sentiment analysis (CubeWatch SA) solution into their rapidly expanding community.

/Social media

Deutsche Bank introduces WeChat on Symphony

Deutsche Bank today announced that it will introduce WeChat (Known as Weixin in mainland China) on its Symphony platform, backing a partnership between Symphony and Tencent to connect Symphony’s community of 450,000 global markets professionals with the WeChat network.

/Social media

Deutsche Bank collapse rebuttal sets off Twitter storm

The Deutsche Bank social media team has caused a Twitter storm after moving to deny a story published by conspiracy blog Zero Hedge that it was on the verge of collapse.

/Social media

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.

/payments

Wirecard and Libra Internet Bank team up with Rakuten Viber for instant messenger payments

Wirecard, the global innovation leader for digital financial technology, is working with Rakuten Viber and its partner NeoPay to launch a new money transfer service for users of Viber, the secure instant messaging app.

/inclusion

Mastercard and Rabobank offer digital platform to farmers in emerging markets

Today, Mastercard and Rabobank announced a strategic partnership to give one million farmers in emerging markets access to a digital platform that makes it easier for them to sell their produce for a fair price.

/Social media

Fintech Abu Dhabi partners with UAE Banks Federation

FinTech Abu Dhabi (“FinTech AD”), MENA’s leading FinTech festival, is pleased to welcome the UAE Banks Federation (“UBF”) as the Strategic Industry Partner of the Festival.

/wholesale

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.

/Social media

Tinkoff launches social network for investors

Tinkoff is launching Pulse, a free social network for investors, accessible via the Tinkoff Investments mobile app.

/Social media

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.