Tag: Meta

Navigating the regulatory minefield: Record fines highlight 2023’s compliance challenges

In 2023, the global regulatory landscape unveiled a startling revelation as fines imposed by authorities exceeded a colossal $10.5bn. This figure not only reflects the stringent enforcement actions but also spotlights the emerging areas of regulatory scrutiny.

Digital identity RegTech Yoti’s strategic £20m funding boost

Yoti, a prominent digital identity company based in the UK, has successfully raised £20m, further cementing its position in the FinTech sector.

HappyPal secures €7m in Series A funding to revolutionise employee benefits

HappyPal, a pioneering FinTech company, has recently announced a significant milestone in its journey. This mobile-first solution is changing the landscape of employee benefits,...

French startup Mistral AI unveils first GenAI model to challenge Meta...

France’s Mistral AI has announced its first Generative AI model to compete with US leaders in the space.

Amazon to invest up to $4bn in AI startup Anthropic

Amazon is stepping up its presence in the AI landscape with a colossal investment of up to $4bn in the AI startup, Anthropic.

Vonage and Meta redefine payment solutions through WhatsApp in Singapore

Vonage, a global front-runner in cloud communications aiding businesses to fast-track their digital transformation, has joined forces with Meta, the parent company of WhatsApp. Together they aim to introduce payments through the messaging platform in Singapore.

Meta agrees to pay $725m privacy suit settlement

Meta has agreed to pay $725m to settle a lawsuit that accused the social network of enabling third parties to access users’ private data.

Irish regulator hits Meta with €265m fine

Ireland’s Data Protection Commission (DPC) has slapped Meta with a €265m fine after details of over half a billion users were leaked on a hacking page.  

Is the metaverse the next frontier for banks?

Ever since Meta, formerly Facebook, gave that presentation on its move to the metaverse, the virtual world has become more of a reality.

Instagram embeds payment services through Meta Pay

Social media platform Instagram has embedded payments through the support of Meta Pay.

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