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3164

The banks of Google, Facebook and Amazon

By Matthew Hussey for the Verge

Does that headline excite you? Well, according to a recent study, there are a lot of you that would happily hand over the responsibility of keeping your money safe to either Google, Facebook or Amazon. But weirdly, not Apple? (more…)

Fintech news, Global trends, Hotnews

May 6, 2016

1408

Facebook payment system will change banking forever, but it comes with its own price tag – your privac

By Hamish McRae for the Independent

If you know where people have been, what sites they visit, what apps they download, and also their spending habits, you know a massive amount about them – much more than their bankers, the credit and debit card companies

(more…)

Banks, Fintech news, Global trends

April 25, 2016

2726

MOBILE PEER-TO-PEER PAYMENTS

By MBLM, the Brand Intimacy Agency

As has been well reported, the financial services industry is undergoing a dramatic transformation. FinTech (or financial technology) is changing the way we spend, save, sell, invest, and lend. From crowdfunding to personal finance, this $707B industry is growing, both in size and in scope. Peer-to-peer mobile payments are still a relatively modest $28B sector within this industry, but we believe they are on the cusp of mainstream adoption. (more…)

Cashless, Fintech news, Global trends, InspirAsia

April 11, 2016

2632

Report: Facebook Is Turning Messenger Into A Mobile Wallet

By Parmy Olson for Forbes,

Facebook has big plans to turn Messenger into an “Everything App” that will replace many others found on your smartphone, but one of the most important shifts will be turning it into an app that pays for things. (more…)

Cashless, Fintech news, Global trends, Mobile payments/banking

March 29, 2016

1711

Square integrates with Facebook Ads to drive customer sales

By Leena Rao for Fortune,

Square is adding new features to its marketing software. (more…)

Deals, Fintech news, Global trends, InspirAsia, Mobile payments/banking

March 24, 2016

6108

Why Amazon and Google are bound to enter finance

By  for Disruptive finance

“Do you think that Google and Facebook will enter financial services ?”

(more…)

Fintech news, Global trends

March 23, 2016

1897

Blue Ocean Of Remittances

TechCrunch: While Facebook moves deeper into using its Messenger platform as a vehicle for people to transfer money to each other, an app built for helping people transfer money is adding more messaging features. Seattle-based mobile remittance app Remitly — which lets people in the U.S. send money to India or the Philippines — has acquired Talio, a picture messaging app co-founded by ex-Amazon engineers with Snapchat-like features to let images and text disappear if you wish. (more…)

Deals, Fintech news, news, Remittances

July 14, 2015

1636

Boiling Of Remittances

MASABLE:  Facebook Messenger has finally rolled out its payments feature across the entire U.S. so that any stateside user can pay friends right inside the app, if they like. David Marcus, Facebook’s vice president of messaging products, quietly announced the news via Facebook post on Tuesday, describing the payments feature as “easy and safe.” (more…)

Deals, Fintech news, news, Remittances

July 1, 2015

1698

Facebook Users In The Middle East And Africa Use The Site In Some Surprisingly Different Ways

Business Insider: BI recently sat down with Facebook’s VP of Europe, the Middle East and Africa, Nicola Mendelsohn. During her two years at Facebook, she has spent a lot of time visiting the different regions she is responsible for and discovering how people in the Middle East and Africa in particular are using Facebook in really novel ways. Here are some of the examples she shared (and some we’ve gathered through our own research) (more…)

Fintech news

June 29, 2015

1401

Marc Andreessen talks about that time Facebook almost lost 80% of its value

FORTUNE: What Yuri Millner did to put Facebook back into the double-digit billions? (more…)

Influences FinTech

June 18, 2015

1541

Inside Obama’s Stealth Startup

Fast Company: President Obama has quietly recruited top tech talent from the likes of Google and Facebook. Their mission: to reboot how government works. (more…)

Influences FinTech

June 15, 2015

1883

Money Transfer Startup Azimo Raises $20M At A $100M Valuation

TECHCRUNCHAzimo, a mobile money transfer startup out of London that was once feted by Facebook, is jumping into the funding ring with a $20 million raise. CEO and co-founder Michael Kent says the company will use the investment to continue to build out its operations across Europe and deeper into the community of migrants who already form the bedrock of its services. (more…)

Deals, Fintech news, news, Remittances

June 15, 2015

2191

The Unbundling Of Finance

TECHCRUNCH: While remittances open the door for growth, that possibility pales in comparison to the larger opportunity for Facebook — offering a way for people who don’t use banks now to do e-commerce. According to McKinsey, there are 2.5 billion people globally who do not use formal banks or finance institutions. Their economies are almost entirely cash-based and suffer from the chicken-and-egg problem: Since no one is willing to convert cash into digital form, there is no incentive for merchants to accept electronic payments. With nothing to sustain a system of electronic money, the cycle continues. (more…)

Analytics, Fintech news, Global trends, news

May 30, 2015

1494

Why Facebook’s Former Design Chief Is Joining A Finance Startup

Fast Company: If anything could benefit from better design, it’s online finance, says Kate Aronowitz, Wealthfront’s new VP of design.  (more…)

Fintech news, news

May 4, 2015

11 Super Successful Tech Leaders Who Struggled When They First Arrived In America

Business Insider: More than a third of the top tech companies in the US were founded by people born outside of the country. Their success stories drive many immigrants to come to the US in hopes of realizing the American Dream. But just looking at their success makes it easy to overlook the fact that a lot of the immigrant founders had to overcome other problems – from language barriers to financial constraints – to achieve their extraordinary success. (more…)

Influences FinTech

April 17, 2015

1711

FacePay?

TECHCRUNCH: What if buying something was as easy as Liking it? You’d probably buy a lot more, and buy it through whoever made it so damn simple. Becoming that conduit for payments means more than racking up transaction fees. For the portal to purchase influences not just how you buy, but what. Today, purchases are fragmented, and so too is that influence. We buy online and offline. Cash, Credit, PayPal, and now Apple Pay. In turn, influence splinters into ads run on television, print, digital, billboards, and other channels. Whether we want something already or not, the ads are supposed make us more intent on actually spending our money. (more…)

Fintech news, Mobile payments/banking, Mobile-first banks, news

April 6, 2015

1491

Facebook Moves Into Its New Garden-Roofed Fantasyland

WIRED: The roof of the new Facebook building, about 70-feet up, offers a winding walk through nine acres of greenery. This walkway sits above the marshlands of Menlo Park, California, not the big city. But, Goler says, it feels a lot like the elevated railroad line that now serves as a park on the West Side of Manhattan. “It’s a half mile loop,” she says. “It gives space to think.” (more…)

Fintech news, news

March 30, 2015

1378

Facebook And Internet.org Are Building Drones To Bring The Web To Remote Places

THE NEXT WEB: Facebook works with Internet.org to bring internet access to remote places and today announced that it’s building drones, satellites and lasers in Facebook’s Connectivity Lab to achieve that goal. (more…)

Influences FinTech, news

March 27, 2015

1251

Singapore’s Zopim to power Facebook Messenger’s Business app

TECHINASIA: Facebook woke up the internet industry when it announced that its popular Messenger app, one of the world’s largest chat apps with 600 million active users, will open up to third-party developers. The move emulates the recipe that brought Asian chat apps Line and WeChat into prominence as platform businesses. Announced on the same day (though overshadowed) was the news about Businesses on Messenger, an upcoming feature on the app that allows users to chat with businesses on customer support matters. Singapore startup Zopim, acquired last year by customer support software company Zendesk for US$30 million, will power the feature. (more…)

Fintech news, InspirAsia, news, Singapore

March 26, 2015

1399

Facebook Has Officially Declared It Wants To Own Every Single Thing You Do On The Internet

THE NEXT WEB: At Facebook’s F8 conference today, it unveiled a number of big new changes to its service that transforms Messenger into a platformexpands Facebook Video even further and offers deeper integrations than ever for developers. The changes are actually really cool and great news for developers — Facebook is finally turning Messenger into the hub for everything, like LINE and WeChat already did in Asia — but they also signal something much larger. (more…)

Fintech news, news

March 26, 2015

1150

Facebook Launches ‘Blueprint’ Training And Certification Program For Brands And Marketers

THE NEXT WEB: Facebook does well when its advertisers do well, so it is today launching new free educational resources for marketers on its platform, both big and small. First up, ‘Blueprint‘ is a new program for training brands on the best practices for advertising and marketing campaigns. (more…)

Influences FinTech, news

March 25, 2015

1777

The Battle Is For The Customer Interface

TECHCRUNCH: Uber, the world’s largest taxi company, owns no vehicles. Facebook, the world’s most popular media owner, creates no content. Alibaba, the most valuable retailer, has no inventory. And Airbnb, the world’s largest accommodation provider, owns no real estate. Something interesting is happening. (more…)

Fintech news, Influences FinTech, news

March 3, 2015