Facebook is reportedly expanding its banking ambitions with a new division that will run all of the tech giant's payment projects, including Facebook Pay (FB)

Facebook is reportedly expanding its banking ambitions with a new division that will run all of the tech giant's payment projects, including Facebook Pay (FB)

Business Insider

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· Facebook is kicking off a new internal group that will oversee all of the company's payment projects, including Facebook Pay.
· According to a Bloomberg report, the new program will be called Facebook Financial, or F2, and will be run by David Marcus, the cocreator of the firm's Libra cryptocurrency project.
· The new...

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