Weekly digest: Facebook mass outage,Biden’s infrastructure plan, most intrusive iOS apps in UK

We’ve gathered some of the best and most interesting articles over the last week.

A day without Facebook: how that happened?

This Monday, millions of people were deprived of their favorite pastime – scrolling Facebook and Instagram news feeds. What happened to the most popular social media?

United Airlines to launch PayPal QR codes as inflight payment option

United Airlines and PayPal have teamed up to introduce QR codes as inflight payment option. Starting next month, United customers on select flights can show a flight attendant the PayPal QR Code in the PayPal app and use it to buy snacks, drinks, and other inflight purchases while onboard.

Biden’s infrastructure plan: how would it work?

President Biden’s administration has developed a few ambitious plans aimed at restoring various spheres of the American socio-economic landscape.

Most intrusive iOS app for phone users in the UK unveiled

The research analysed the UK’s top 10 most downloaded apps over the past 12 months to discover which access the most data and permissions.

What is Fintech alcohol payment?

The alcoholic beverages industry is striving for innovations in the realm of convenient beverage selection and payments. As other food retailers and restaurants, the companies dealing with alcohol need to seamlessly combine on- and offline customer experiences. At the same time, the industry faces additional challenges like age limitations and stricter regulation. Hence, alcohol retailers must pay additional attention to KYC procedures and checkout solutions.

Starling to make BaaS available in European market

A UK-based Starling bank is expanding its offering into Europe. As of H1 2022, subject to regulatory approval, Starling hopes to make its Banking as a Service (BaaS) solution offering available in the EU, including France, Germany, The Netherlands, and Spain.

What’s the damage: major Bitcoin scams over 5 years

Bitcoin is often criticised by crypto opponents as a gateway for illegal financial transactions. Truly, Bitcoin mixing services can help criminals to hide the origin of crime proceeds, and launder money relatively safely. At the same time, many people who are lured to the most popular crypto ever have little understanding of both the underlying blockchain mechanism and trading. All those factors give scammers a unique opportunity to use Bitcoin in their shady activities.

Singapore FinTech Festival 2021

The Monetary Authority of Singapore (MAS) today announced that the Singapore FinTech Festival (SFF) will take place from 8 to 12 November, as a hybrid digital and physical event.

IMF biggest credit tranches in 2021

The IMF is a life-saver for many striving economies. According to the IMF itself, it works to foster sustainable global growth and economic stability. Thus, the Fund lends billions to those countries that fall into financial difficulty.

6 in 10 Singapore businesses are in survival mode: here’s why

According to American Express research, almost 6 in 10 (59%) Singapore business leaders describe their companies as surviving.

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Our editorial team delivers daily news and insights on the global payment industry, covering fintech innovations, worldwide payment methods, and modern payment options.