The NasdaqOMX Group, Inc. today reported results for the first quarter of 2013. First quarter net exchange revenues were $418 million, up from $414 million in the prior year period, driven by increases in our Global Technology Solutions and Global Information Services segments, partially offset by lower U.S. cash equity trading revenues.
Citi has filed a claim with Nasdaq OMX to receive compensation relating to the exchange operator's botched Facebook IPO but has not ruled out further legal action, according to Reuters.
The Securities and Exchange Commission (SEC) has approved Nasdaq OMX's planned $62 million compensation package for firms affected by last year's botched Facebook IPO.
Chirpify has brought its in-stream commerce system to Facebook, enabling users to transfer money to each other by commenting on news feeds.
Cardlytics, a leading analytics and marketing platform, has announced that their service will be expanded to allow consumers to opt-in to receiving offers and rewards via Facebook.
Facebook has launched a reusable gift card that people can buy on the social network and send to friends for use at specific retailers and restaurants.
Facebook says fourth quarter revenues from its payments business were flat, as the move of users to mobile devices continues to hamper growth.
Facebook has helped the FBI bust an international cyber-gang believed to be behind an 11 million computer-strong botnet that has cost more than $850 million in losses.
Bango plc (AIM:BGO), the mobile payments and analytics company, announces that operator billing for purchases on Facebook, powered by Bango, is now live for Orange France subscribers.
India's ICICI Bank will soon allow customers to make transactions through social network Facebook.
© Finextra Research 2013