Tagged: amazon

Hyperwallet Facilitates Payments with Amazon in Australia

Hyperwallet, a global payment platform, has formed an arrangment with Amazon to be able to receive disbursements from sales on Amazon’s new Australian marketplace. Hyperwallet said it will now support international seller disbursements from Amazon with its multi-currency payout solution that enables Amazon Marketplace sellers… Read More

Amazon Growing Business Awards Shortlist. Revolut’s on the List, Lendable & More

The UK Amazon Growing Business Awards ceremony will take place on 29th November 2017 at The Brewery, London. Today, the e-commerce/tech company has announced their shortlist of companies in the mix to win.  According to Amazon, more than 500 nominations were received from across the… Read More

Alibaba Must Acquire Starbucks, WeWork, Airbnb, Uber, Tesla & PayPal

During July 2016, I was part of a delegation of US Fintech executives visiting our counterparts in Hong Kong, Shenzhen, and Shanghai, China. We toured and visited some of the most exciting Fintech platforms in China such as LuFax, CreditEase, Tencent (the creator of WeChat),… Read More

3 Takeaways from Mary Meeker’s 2017 Internet Trends Report

This article highlights three takeaways for Fintech firms from Mary Meeker’s 355-page-long report: 1) The Internet’s center of gravity shifts to Asia; 2) The biggest get bigger; 3) Fintechs must use gamification to improve customer engagement. Since 2001, Mary Meeker, a Partner at venture capital… Read More

At $3 Billion in Loans, Amazon is Quickly Becoming a Huge SME Lender

Amazon (NASDAQ:AMZN) announced today that it had originated over $3 billion in loans to more than 20,000 small businesses since 2011. One billion of those loans came in the past 12 months. Peyush Nahar, VP for Amazon Marketplace, released a statement on the milestone; “We… Read More

The Inescapable Fintech Revolution

Big consultancies, such as PwC, Cap Gemini, KPMG, Deloitte and Accenture, research and analyze fintech developments to support the digital transformation of their banking customers. They promote this work through well-crafted free reports and white papers. The latest of such reports was published by Julian… Read More

FIN Opposes Elements of CHOICE Act: Do Not Repeal Debit Reforms

Last week Financial Innovation Now (FIN), an alliance of companies which includes Fintech behemoths innovator Amazon, Apple, Google, Intuit and PayPal, spoke out against language used in the Financial CHOICE Act that would repeal debit swipe fee reform. In a letter penned by FIN Executive Director Brian… Read More

Amazon Acquires Indian Mobile Payment License

In another attempt to secure a firm grasp on the Indian market, Amazon has turned towards mobile wallets for its next venture. The e-commerce behemoth has obtained a license from the Indian Reserve Bank (RBI) for the operation of a prepaid payment instruments (PPI). Amazon… Read More

Financial Innovation Now Submits Recommendations to Senators Crapo & Brown as to How to Boost the Economy

Financial Innovation Now (FIN) has submitted their recommendations to Senators Crapo and Brown, the Chair and Ranking Member on the Senate Banking Committee, as to how best to improve Economic Growth. The proposals follow a public request by the two Senators asking members of the public… Read More

Financial Innovation Now Tells CFPB to Examine, Not Regulate, Consumer Access to Digital Financial Records

The Consumer Financial Protection Bureau (CFPB), launched an inquiry into consumers seeking access to their financial records.  At the time of the announcement, CFPB Director Richard Cordray stated; “Consumers should be able to use their financial records and account information and securely share access in… Read More

Crowdcube Alum Alchemiya Launches Stream Services on Amazon Prime Channels

Alchemiya, a premium online subscription-based video on demand platform for Muslim entertainment, announced on Thursday it is launching its stream services on Amazon Prime Channels. Alchemiya aims to present the world’s best content about Muslim life; the positive side, showing the contributions of Islam and… Read More

“Star Citizen” & “Squadron 42” Move to Amazon Lumberyard Game Engine

Roberts Space Industries, the company behind famous crowdfunded game, Star Citizen, announced last Friday that the game, along with Squadron 42, will now be using Amazon Lumberyard game engine. Originally, the video game studio revealed it was using Crytek’s game engine, CryEngine. Unfortunately, Crytek has reportedly… Read More

Coolest Cooler: Amazon Launchpad has been the Worst Company to Deal With

Coolest Cooler, the 2nd most funded Kickstarter campaign of all time, continues to struggle in its quest to deliver coolers to campaign backers. Late last month we reported that Amazon was selling Coolest Coolers for about what you had to commit during the crowdfunding campaign… Read More

Update: Amazon Bestseller iQualTech Nears £160,000 During Final Days on Seedrs

Electronic accessory brand and Amazon bestseller, iQualTech, announced on Monday it is set to close its equity crowdfunding campaign on Seedrs this upcoming Wednesday. As previously reported, iQualTech offers a wide range of products (including Pill Speakers) that have been sold worldwide through Amazon, reaching customers in the… Read More

Financial Innovation Now: Big Tech Educates Policy Makers on Benefits of Fintech

Apple, Google, Amazon, PayPal & Intuit Provide the Firepower Behind Fintech Advocacy Group Financial Innovation Now. Back in the fall of 2015, an announcement was made regarding the creation of a new public policy coalition representing some of the largest names in tech: Apple, Google,… Read More

Indiegogo Funded TrackR Debuts “Find My Phone” Skill On Amazon Alexa Enabled Devices

Indiegogo alum TrackR announced on Tuesday the launch of its integration with Alexa, the cloud-based voice service behind the Amazon Echo speaker, called “Find My Phone,” which allows customers to locate a misplaced phone. TrackR stated not only can Alexa perform tasks such as read the news, report the… Read More

Apple, Google, Amazon: Current Regulatory Requirements Protect Incumbents from Fintech Competitors

In November of 2015, a group of well-known tech names banded together to create a new lobbying entity to lobby Capitol Hill on Fintech and financial regulations. Financial Innovation Now is a unique alliance of Apple, Google, Amazon, Intuit and Paypal joining in one specific… Read More

Overfunding: iQualTech Scores £100,000 Funding Goal One Week After Seedrs Debut

Just one week after launching its equity crowdfunding campaign on Seedrs, electronic accessory brand, iQualTech, has secured its initial £100,000 funding goal. The company took to the funding portal to raise the funds as it looks to expand into new markets worldwide. As previously reported, iQualTech was founded in 2013,… Read More

Amazon Bestseller iQualTech Looks to Secure £100,000 During Seedrs Initiative

On Wednesday, London-based tech accessories startup iQualTech launched an equity crowdfunding campaign on Seedrs to raise £100,000 as it prepares to expand into new markets worldwide. The company was founded in three years ago, and offer a wide range of products (including Pill Speakers) that have been sold worldwide… Read More

Amazon Launchpad Unveils Kickstarter Collection

On Wednesday, Amazon Launchpad announced the launch of its Kickstarter Collection, which features over 300 projects that have been funded on the crowdfunding giant’s platform. Startups that are reportedly featured in the Kickstarter Collection include Piper, Zivix, Prynt, and MudWatt, among others. Customers shopping the Kickstarter… Read More