Latest Social media News: Finextra Research

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.

23 April 2020

News/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.

06 April 2020

News/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.

06 April 2020

News/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.

12 February 2020

News/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.

06 November 2019

News/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.

29 October 2019

News/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.

09 September 2019

News/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.

16 August 2019

News/Social media

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.

26 July 2019

News/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.

19 June 2019

News/Social media

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.

18 June 2019

News/Social media

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.

24 May 2019

News/Social media

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.

08 May 2019

News/payments

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.

15 March 2019

News/Social media

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.

01 March 2019

News/Social media

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'.

15 February 2019

News/Social media

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.

11 February 2019

News/Social media

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.

05 February 2019

News/payments

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.

28 January 2019

News/Social media

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.

19 December 2018