Facebook has begun testing a 'buy' button which lets users purchase products advertised on the social network. Meanwhile, Twitter is also stepping up its commerce game, acquiring payments outfit CardSpring.
PayPal president David Marcus has quit the eBay unit to run the mobile messaging business at Facebook.
Spain's CaixaBank has unveiled an app that lets customers check their bank balances and make transactions through Facebook.
Facebook is just 'weeks away' from getting an e-money license in Ireland that would allow its users to hold and exchange money on the social networking site, according to the Financial Times.
Bitcoin wallet outfit Coinbase has hired Facebook's director of security incident response Ryan McGeehan to build its own security programme.
A US judge has denied Nasdaq OMX's request to dismiss lawsuits filed by investors who say that they lost money thanks to the exchange operator's botched handling of the Facebook IPO.
The Royal Bank of Canada (RBC) has added a feature to its iPad app which lets customers send money to their Facebook Messenger contacts.
POLi continues to innovate through the release of their Facebook app in beta mode.
BBVA Compass today launched its Great Ideas for Small Business contest on Facebook to help entrepreneurs and local business owners make waves in their communities.
A new association designed to promote interoperable card-linked customer offers has been set up by industry players including Microsoft, Bank of America, Discover, Facebook and First Data.
© Finextra Research 2014