Tagged: amazon

Mattias Tengblad: Corite Co-founder Says they’re Bringing Play to Earn Model to Music Industry

Music Tape to Tape Reel

We recently caught up with Mattias Tengblad, the Co-founder and CEO at Corite, a platform that allows artists and their fans to join forces. Via the Corite platform, people can invest in music they really love and get paid when it’s streamed on Spotify and… Read More

Cashfree Payments Launches RBI-Compliant Tokenization Solution

Cashfree Payments, an Indian payments and API banking solutions company, this week launched Token Vault, a tokenized solution enabling merchants to save card network tokens, while staying compliant with Reserve Bank of India (RBI) guidelines. Token Vault also processes payments using tokenized cards as a… Read More

Amazon’s Visa UK Snub to Hammer #2 UK Credit Card Issuer Right in the Wallet

Visa finds itself in the wrong place at the wrong time and that will hurt its business in the United Kingdom, GlobalData payments analyst Chris Dinga said in a research note today. As of Jan. 19, 2022, Amazon will no longer accept payments from Visa… Read More

A Turning Point for Digital Finance? Amazon to Stop Accepting Visa Cards in the UK

Amazon (NASDAQ:AMZN) says it will stop accepting Visa Inc (NYSE:V) credit cards in the United Kingdom beginning in 2022. According to the Guardian, Amazon users received an email this week explaining its decision to halt Visa payments beginning January 19, 2022, due to the high… Read More

PayPal Shares Inch Higher on Earnings, Venmo/Amazon Partnership, Expanded Crypto Offerings [u]

PayPal (NASDAQ:PYPL) has announced its Q3 earnings results with an EPS beat of $1.11 (non-GAAP) and total payment volume of $310 billion and 416 million accounts. Net revenues were reported at $6.18 billion an increase of 13% versus year prior and net income arrived at… Read More

CFPB Orders Apple, Google, Amazon, Facebook, Square and PayPal to Hand Over Payments Info

The Consumer Financial Protection Bureau (CFPB) has demanded that big tech, including Fintechs, to hand over information on payments. As everyone knows, payments have gone digital as cash usage declines. While many transactions have migrated to plastic debit and credit cards, today cards are virtual… Read More

PCI Pal Announces Amazon Connect Integration, AWS Marketplace Availability

PCI Pal (LON: PCIP), the international provider of secure payment services, has announced a new integration with Amazon Connect to provide its clients globally with additional options for payment security and compliance with PCI Pal omnichannel secure payment solutions. Businesses of all sizes are now… Read More

Amazon Reveals Community Lending in Partnership with Lendistry

Amazon (NASDAQ: AMZN) has announced Amazon Community Lending in partnership with Fintech lender Lendistry. Amazon is, of course, the most popular e-commerce site in the US and many other places. Lendistry is a minority-led online lender for small businesses and commercial real estate. In a… Read More

Digital Commerce Firm Heroes, Operating in Asia, UK, EU, Acquires $200M in Capital

Heroes, an established digital commerce firm which acquires, operates and scales “top performing” Amazon brands, reveals that it has finalized a $200 million round from US-headquartered investor Crayhill Capital Management. As mentioned in an update shared with CI, the investment round will aim to facilitate… Read More

Amazon Web Services Chosen by Sun Life as its Cloud Tech Provider, Aims to Become Cloud First Organization

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), recently revealed that Sun Life (TSX: SLF) (NYSE: SLF) has chosen AWS as its Cloud tech  provider in order to become a “Cloud-first” organization, supporting ongoing innovation, and develop digital client experiences. Sun Life… Read More

Affirm Pay Over Time Services Will Soon be Available to Amazon.com Clients at Checkout

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and assists merchants with driving growth reveals that its “flexible” payment service will soon be available to Amazon.com clients at checkout. As mentioned in the announcement, Amazon and Affirm are currently testing with select customers, and… Read More

Walmart Is Looking for a Digital Currency and Cryptocurrency Product Lead

The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead. As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new… Read More

Rumblings of Amazon Accepting Crypto Drive Bitcoin Higher

Bitcoin is once again surging after tumbling below $30,000 last week. Today, Bitcoin is bouncing around $40,000 – a pretty dramatic shift in price. At the beginning of 2021, Bitcoin traded at just shy of $30,000 so last week BTC retraced all of the years’… Read More

Over 2.1M BTC Return to Profitability based on Realized Price, $955M in Shorts Liquidated in 24 Hrs with Bitcoin Reaching $39K: Report

As Bitcoin prices rally higher, more than 2.1 million $BTC have now “returned to profitability based on their realized price,” according to an update from Glassnode. According to Glassnode, this indicates that 11.2% of the circulating Bitcoin supply has an “on-chain cost basis between $29k… Read More

Amazon Payment Services, a Payments Processing Provider for MENA Region, Introduces Fintech Lab in DIFC Innovation Hub

Amazon Payment Services, a payment processing service for the MENA region, has introduced the Amazon Fintech Lab in the DIFC Innovation Hub. The project is reportedly the latest in Amazon Payment Services’ efforts to provide support to the Fintech ecosystem in the MENA region. The… Read More

Silicon Valley Fintech Brex Launches Instant Payouts Feature, Now Available for Sellers on Shopify and Amazon

Fintech Unicorn Brex has announced the launch of its Instant Payouts feature, which is now available for sellers on Shopify, enabling them to instantly access payouts, earn cash back, and “free up cash flow so they can scale their businesses faster.” Last Fall, Brex introduced… Read More

Fintech Unicorn Divvy, a Payment and Expense Management Platform, Reveals that Virtual Cards are Becoming Widely-Adopted

Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, notes that as businesses have started moving away from legacy spending methods such as ACH or paper checks, the virtual credit card has become… Read More

Amazon Job Listings Reveal that Tech Giant Is Launching a Digital Currency Project in Mexico

The World Wide Public Sector (at Amazon) team is reportedly looking to recruit an experienced Principal Technical Program Manager (TPM) – Digital Currency to serve as the technology “enabler” for “innovating” their customer solutions in support of their goal of promoting economic development and inclusion,… Read More

Digital Commerce Boom Leads to India’s BharatPe Finalizing Massive Round, while Branded, Thrasio Close Major Rounds

Thrasio, a company that acquires and then aims to quickly grow third-party sellers on Amazon (NASDAQ: AMZN) has finalized $750 million in new funding, raising the firm’s valuation to around $3 billion to $4 billion. The investment round was led by current investors Advent and… Read More

The Top Ten Fintech Predictions for 2021

Fintech enthusiasts welcome back to my 5th annual “Top Ten” Fintech prediction series. This year I’ve met a lot of powerful movers and shakers in the Fintech space. My take away from these meetings and interactions is how little do I know about this ever-expanding… Read More

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