Connect with us

Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website. .

Business

At F8, Facebook rolls out business messaging changes in e-commerce push

At F8, Facebook rolls out business messaging changes in e-commerce push

By Elizabeth Culliford

(Reuters) – Facebook Inc is opening up ways for businesses to interact with customers on Instagram and WhatsApp, it said on Wednesday at its virtual developers conference ‘F8 Refresh.’

The world’s largest social network said it was rolling out tools so developers could build ways for businesses to message customers on Facebook-owned Instagram. Facebook said 90% of Instagram users follow at least one business.

Facebook said its messaging app WhatsApp would support more types of messages, like letting businesses send alerts when an item is back in stock. It is also testing a separate way for people to opt into messaging with businesses through a ‘Login Connect’ feature.

Facebook is focussing on expanding e-commerce, building augmented and virtual reality, and helping creators make money on its platforms, Chief Executive Mark Zuckerberg said after the company released its latest earnings report.

WhatsApp has faced a major backlash in recent months after updating its privacy policy while expanding its business messaging tools, confusing many users who were concerned that it meant their data would be shared with Facebook.

At the conference, which was held online after being cancelled last year due to the COVID-19 pandemic, Facebook also announced plans to launch new tools to allow researchers to analyse its data across public pages, groups and events.

The company, which has been grappling with data privacy and transparency concerns in the aftermath of the Cambridge Analytica data scandal, said this new tool would be available later this year.

 

(Reporting by Elizabeth Culliford; Editing by Richard Chang)

 

Global Banking & Finance Review

 

Why waste money on news and opinions when you can access them for free?

Take advantage of our newsletter subscription and stay informed on the go!


By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review │ Banking │ Finance │ Technology. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Post