Facebook - News, Articles & Research

Revolut says Meta platforms are a 'hotbed' for scams

In tune with bank findings, Revolut scam data for 2023 reveals that the majority of all its reported crime cases in the UK started on Meta platforms.

08 February 2024

News/crime

Martin Lewis calls for regulation after featuring in deepfake AI scam

Consumer finance specialist Martin Lewis has spoken out after a deepfake scam video featuring his likeness was circulated on Facebook.

07 July 2023

Company announcement/payments

WahtsApp introduces in-chat payments for businesses in Brazil

Starting today people across Brazil will be able to pay their local small business right within a WhatsApp chat.

12 April 2023

News/payments

Money20/20 US: JP Morgan adds Meta Pay checkout option

JP Morgan today announced that all merchants within their payments network will now have the option to enable Meta Pay for their customers.

25 October 2022

News/payments

Instagram adds payments in chat

Instagram users can now buy products from small businesses using Meta Pay within the app's chat function.

18 July 2022

News/crypto

Meta to shut down Novi wallet

Meta is officially closing all accounts on its digital wallet, Novi.

04 July 2022

News/payments

Meta's WhatsApp rolls out P2P payments for user contacts in India and Brazil

WhatsApp is introducing a P2P payments option in the contact card of the messaging system in India and Brazil

18 May 2022

News/retail

Instagram starts testing NFTs

Instagram will start testing digital collectables this week, enabling creators and collectors to display their non-fungible tokens on their profiles.

09 May 2022

News/crypto

Meet Zuck Bucks - Meta's latest digital currency concoction

Unfazed by the demise of its doomed digital currency Diem, Facebook is concocting another virtual token for the metaverse - Zuck Bucks.

07 April 2022

News/retail

NatWest and Meta launch support for female entrepreneurs

NatWest and Meta have joined forces to offer digital skills and financial readiness training to female entrepreneurs in the UK.

24 March 2022

Company announcement/payments

Messenger app adds split payments feature

Split Payments is now available in the US on iOS and Android phones.

10 February 2022

News/retail

Meta and Chime sue alleged phishing scammers

Meta and digital banking giant Chime have filed a first-of-its-kind joint lawsuit against two Nigerian-based individuals they say have been using Facebook and Instagram for phishing attacks designed to get access to victims' financial accounts.

10 February 2022

Company announcement/crypto

Silvergate confirms buy out of Facebook's Diem

Silvergate Capital Corporation (“Silvergate”) (NYSE: SI) today announced that it has acquired intellectual property and other technology assets related to running a blockchain-based payment network from the Diem Group (“Diem”), further investing in its platform and enhancing its existing stablecoin infrastructure.

01 February 2022

News/crypto

Meta considers selling off Diem assets as Zuckerberg's crypto ambitions crumble

Facebook is reportedly mulling the sale of Diem assets as regulatory pressure mounts against Mark Zuckerberg's cryptocurrency project.

26 January 2022

News/regulation

Major tech antitrust bill advanced by US Senate vote

The Senate Judiciary Committee voted 16-6 this week to advance a major tech competition bill, says CNBC.

21 January 2022

News/predictions

Starling pulls Facebook advertising; preps SaaS offering

Starling CEO Anne Boden says the bank has pulled all paid advertising on Facebook and Instagram until Meta tackles fraudsters advertising on its platforms. In her annual letter, Boden also confirms the planned launch of a Software as a Service (SaaS) proposition during 2022.

07 January 2022

News/crypto

Meta extends Novi payments trial to WhatsApp

Meta (formerly Facebook) has extended the pilot for its Novi digital app to WhatsApp, using a stablecoin to enable participants to send and receive money from within chats.

09 December 2021

News/payments

Facebook Messenger tests Split Payments feature

Facebook Messenger is testing a feature called Split Payments that lets users share the cost of bills and expenses from within a group chat.

03 December 2021

News/people

David Marcus quits Facebook

David Marcus has quit as the boss of Facebook parent Meta's fintech unit after leading a frustrating effort to launch the Novi digital wallet and its associated stablecoin Diem.

30 November 2021

News/payments

Facebook fintech unit rebranded as Novi

As part of its Meta rebrand, Facebook has renamed its financial services and payments group from F2 to Novi.

08 November 2021