FinTech Futures: Top five stories of the week – 12 May 2023
Here’s our pick of five of the top news stories from the world of finance and tech this week.
WhatsApp partners Stripe to enable in-app business payments in Singapore
With the new feature, Singapore customers and businesses can now buy and sell directly in WhatsApp chats.
Emirates NBD launches WhatsApp banking
The bank will expand the range of functions customers can use.
Facebook to integrate Instagram, Messenger and WhatsApp
Company says it is at the start of a “long process”.
Infographic: WhatsApp messaging in the financial sector – tips to using it and staying compliant
Telemessage has some helpful messages on messaging and compliance.
First Bank takes it to WhatsApp with Clickatell
Customers will be able to bank through the chat app.
Emirates NBD to launch chat banking via WhatsApp
Bank says it is first in region to integrate its core systems with WhatsApp.
WorldRemit keeps customers updated via WhatsApp
First in the UK for digital money transfer firm.
Absa’s ChatBanking service now includes WhatsApp
Says it’s first in the world to offer full banking services via the chat app.
WhatsApp steps into the world of business
To make sure businesses don’t actually have to talk to those pesky customers face-to-face.
UK government continues quest to ruin reputation of encryption
The UK’s Home Secretary, Amber Rudd, is a woman on a mission, and that mission is to mutilate the reputation of platforms like WhatsApp in the pursuit of the destruction of end-to-end encryption, reports Telecoms.com (Banking Technology’s sister publication). It isn’t new. Rudd must have been wronged by an online troll at some point and […]
WhatsApp mulls business revenue stream
Facebook-owned IM service WhatsApp reckons it might finally be able to make some money by charging businesses for clever access to their punters, reports Telecoms.com (Banking Technology’s sister publication). Apparently quite a lot of people already use WhatsApp around the world to interact with shopkeepers and other relatively simple business transactions such as placing orders, […]
Top fintech stories this week – 18 August 2017
Catch up on Banking Technology’s top five fintech stories of the week – all in one place!
WhatsApp to introduce payments feature
Facebook-owned messenger app WhatsApp submitted a new update through the Google Play Beta Programme, which will make payments available in the app’s new version.
Paytm to add messaging capabilities to rival WhatsApp
India’s most popular electronic wallet and payments bank Paytm is gearing up to add messaging capabilities to its mobile app. Experts believe this is in response to WhatsApp’s plans to add a payments piece to its platform. With mobile payments growing rapidly in India post demonetisation, Paytm is expected to quickly double its user base […]
Facebook looks to Messenger for future growth… but not yet
Facebook CEO Mark Zuckerberg has cast his sights on monetising his OTT platforms Messenger and WhatsApp, but don’t expect miracles any time soon, reports Telecoms.com (Banking Technology‘s sister publication). The financial performance of the company is exactly what you would expect; another quarter of monstrous growth. Total revenues hit $9.164 billion, a year-on-year increase of […]
PFS deal to provide Moneymailme users with prepaid cards
Users of Moneymailme will have the option of using physical and virtual prepaid cards to make purchases with the funds in their e-wallets. The new feature, announced June 28 at the Money 20/20 Europe conference, is the result of a partnership between the London-based social money transfer provider Moneymailme and Prepaid Financial Services, a U.K.-based payments technology provider.
WhatsApp set to join the Indian mobile money revolution
Facebook-owned WhatsApp is reportedly looking to get into mobile payments and has picked India as the best place to start.
Deutsche Bank bans texting and messaging apps on work phones
No more texting or using messaging apps such as WhatsApp on company issued phones, Deutsche Bank tells its employees. According to a memo issued by COO Kim Hammonds and chief regulatory officer Sylvie Matherat, the functionality will be switched off this quarter.
