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/crypto

Twitter blames social engineering attack for celeb Bitcoin tweet hack

Twitter has blamed a social engineering attack on its employees for the hack yesterday which saw the accounts of big names such as Barack Obama and Bill Gates send out bitcoin scam tweets.

/security

Wells Fargo bans TikTok from company devices

Wells Fargo has banned TikTok from all company devices, citing privacy and security concerns with the social media app.

/startups

Creator Cash launches to let YouTubers get early payments

An app that lets content creators get immediate access to YouTube earnings while also seeing their real-time earnings analytics has launched.

/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.

/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

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.

/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

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.

/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.

/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.

/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.

/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.

/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.

/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.