Tag "Facebook"
Facebook Antitrust Case is “Bad Economic Policy” at a Time When Chinese Fintech Dominates the World
The US Federal Trade Commission (FTC) and 47 states are suing Facebook, accusing the social media giant of breaking antitrust law by acquiring companies that presented competitive threats and abusing its dominance in the digital landscape. But according to Peter
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News Summary: Facebook’s Libra Crypto Project Sparks Fear and Criticism
Last week, Facebook unveiled plans for a new cryptocurrency called Libra. Set to launch as early as 2020, Libra will be a stablecoin fully backed by a reserve of real assets. The goal, it says, is to avoid high fluctuations
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Facebook Got Data Privacy Wrong, but Could it Get Blockchain and Fintech Right?
It is becoming more apparent that the financial services industry is being reshaped by bigtechs, or the big technology players such as Google, Apple, Facebook, Amazon and Alibaba, which are leveraging data and consumer insights to offer a unique, personalized
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Bank & FinTech Collaboration Models – How Big Banks Plan Fight the Big Tech Challenge
Sometime around the tail-end of 2010 the banks started realising that something called a FinTech could be a threat to their business. This is a time when some senior executives in the bigger banks were asking the digital leaders if
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Hong Kong Fintech Week 2017 – Day 2 Highlights
The momentum from the opening day of Hong Kong Fintech Week, organised by Invest Hong Kong (InvestHK), continued into day 2 with a full main hall and very busy workshops alongside, as the focus of sessions moved to Insurtech and Wealthtech
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Adyen Adds WeChat Pay To Its Platform Globally
Adyen, the payments company powering global commerce for Uber, Facebook and Netflix amongst others, today announced that it has added WeChat Pay to its portfolio of local payments methods. It’s the first major payment service provider to integrate WeChat Pay
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