Facebook creates unit devoted to financial services
Facebook on Monday said it has created a new unit devoted to financial services to harmonize payment systems on its platform.
Aug 11, 2020
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Business
News tagged with banking services
Internet
Virus-isolated silver surfers ride a new tech wave
Before entering coronavirus lockdown with the rest of Britain in March, 73-year-old Pamela Cox had never shopped or banked online. Zoom was something you did with a camera lens.
May 13, 2020
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Business
Jack Ma, Grab eye opportunities in Singapore digital bank battle
Singapore is opening up its banking industry to digital lenders in a reform that could shake up the sector across Southeast Asia, with Chinese billionaire Jack Ma and ride-hailer Grab among those seeking licences.
Jan 12, 2020
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Business
Facebook-backed Libra group pledges to 'reassure' regulators
The head of the Libra Association, created by Facebook to launch its new cryptocurrency, said Thursday the project's leaders would aim to "reassure" regulators who have voiced mounting concern over the virtual money.
Sep 26, 2019
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Business
Stormclouds gather for Facebook's Libra currency
International outcry is mounting over Facebook's Libra—with central banks, governments and regulators railing against the social media giant's upstart cryptocurrency.
Sep 13, 2019
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Business
France will block development of Facebook Libra cryptocurrency
France warned Thursday it will block development of Facebook's planned Libra cryptocurrency in Europe because it threatens the "monetary sovereignty" of governments.
Sep 12, 2019
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Internet
Mobile technology may serve underbanked with no cryptocurrency
As Facebook touts a new cryptocurrency as a way to serve people who are underbanked, mobile technology companies may provide the same path to financial services using good old-fashioned dollars.
Jul 24, 2019
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Security
Russian sentenced to five years in prison for Trickbot malware
A Russian man has been sentenced to more than five years in prison for his involvement in developing the Trickbot malware used to extort businesses, including hospitals during the COVID pandemic, the US Justice Department ...
Jan 25, 2024
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Security
Russian pleads guilty in US to role in Trickbot malware scheme
A Russian man pleaded guilty on Thursday to involvement in developing the Trickbot malware used to extort businesses, including hospitals during the COVID pandemic, the US Justice Department said.
Dec 1, 2023
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Indian IT giant TCS misses profit estimates on US weakness
Indian software giant TCS reported a weaker-than-expected increase in first-quarter profits Wednesday, as global banking turmoil and economic uncertainty weighed on its US market.
Apr 12, 2023
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