Tag: WhatsApp

5 US investment banks face $1bn in fines

Five US investment bank giants are reportedly faced with $1bn in fines for failing to monitor employees using unauthorised messaging apps.

WhatsApp slapped with $267m GDPR fine for user privacy shortcomings

WhatsApp has been hit with a $225m fine by Ireland’s Data Protection Commission after it failed to disclose enough information to users about the data shared with other Facebook companies.

Nedbank, Mastercard team to enable WhatsApp payments for small businesses

South African bank Nedbank has teamed with payment giant Mastercard and local FinTech Ukheshe to allow its customers to pay small businesses through WhatsApp.

Shield teams up with TeleMessage to help financial institutions monitor employee...

Electronic communication monitoring RegTech platform Shield has partnered with TeleMessage to enable the direct capture and storage of mobile and WhatsApp voice and chat messaging.

WhatsApp given the green light to operate as a payment service...

Indian regulators has given WhatsApp a thumbs up, allowing the Facebook-owned app to operate as a payment service in the country.

Indian competition regulator dismisses antitrust case against WhatsApp’s payment services

Competition Commission of India (CCI) has dismissed a case accusing WhatsApp of abusing its market dominance in the payment space.

Brazil’s central bank halts WhatsApp’s payment rollout

WhatsApp rolled out its mobile payment services in Brazil last week, but has already been suspended by the central bank.

Mastercard signs deal with Facebook to enable Brazilians to send cash...

As Covid-19 forces more people to look for cashless alternatives, Mastercard and Facebook have inked a deal that offers a new way to send money digitally.

PayPal among investors backing Gojek

FinTech PayPal has joined up with Facebook-owned WhatsApp in backing the Indonesian payment, e-wallet, food, ride-hailing app Gojek, according to Reuters.

Facebook to sue cybersecurity company after alleged hack on WhatsApp

Facebook is reportedly suing cybersecurity company NSO Group, claiming the company hacked WhatsApp users earlier in 2019.

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