Tagged: amazon

Indian Pay Later Solutions Experience 50% YoY Increase in Equated Monthly Transactions during Checkout on Amazon, Flipkart

Lizzie Chapman, CEO and Co-Founder at ZestMoney, which claims to be one of the largest and fastest-growing Fintech firms in India, notes that as the festive season begins in India, the company has seen a significant increase in demand for online “affordability” solutions from its… Read More

Amazon Introduces Technology Allowing Customers to Pay at Physical Stores by Scanning Palm of their Hands

Digital commerce giant Amazon (NASDAQ:AMZN) has introduced special technology that allows customers to pay for products at physical store locations by simply scanning the palm of their hands. Amazon has been quite active when it comes to offering certain services at brick-and-mortar stores. The e-commerce… Read More

American Express and Amazon Offer Co-Branded Card in UK

American Express (NYSE:AXP) and Amazon (NASDAQ:AMZN) have partnered on a new card that is designed for small businesses. The card is said to “offer rich rewards and access to flexible payment terms to help them better manage their finances.” The two cards available are the… Read More

Indian Fintech 5paisa to Allow Locals to Invest in US Stocks like Amazon, Apple, Facebook, Netflix, Tesla

India’s 5paisa, a publicly-listed Fintech company, has introduced the option to acquire international stocks. Prakarsh Gagdani, CEO at 5paisa, confirms that the new service allows its customers to invest in shares listed on Indian stock exchanges and it also allows them to acquire US stocks…. Read More

Amazon Unveils New “Alexa, Pay For Gas” Feature

Amazon (NASDAQ:AMZN) has launched a new “Alexa, Pay For Gas” feature, which allows Amazon customers to purchase gas by using the Alexa app on their smartphones or Alexa-enable device in their car. The service is now available at Exxon and Mobil stations nationwide. “No need… Read More

Amazon Stock Outperformed Bitcoin (BTC) so far in 2020, but Ethereum (ETH) is the Biggest Gainer, Binance Reveals

Leading cryptocurrency exchange Binance reveals that if you had invested $1,000 on Jan 1,  2020, in both Amazon (NASDAQ:AMZN) stock and Bitcoin (BTC), you would have earned significantly more from your Amazon holdings, when compared to the price appreciation of the leading digital currency. However,… Read More

Goldman Sachs’ Digital Bank Marcus to Provide Credit to Amazon Sellers

Marcus, the digital-only bank created by Goldman Sachs (NYSE:GS), is extending its reach further in a new partnership with Amazon (NASDAQ:AMZN). According to CNBC, Amazon merchants, independent sellers using the Amazon marketplace, will be invited to access credit provided by Marcus with rates ranging from… Read More

Competition and Markets Authority Approves Amazon’s Investment in Deliveroo as COVID-19 Harms Company’s Financial Position [u]

This is interesting because it is indicative of the economic impact of the COVID-19 pandemic. The UK Competition and Markets Authority (CMA) has provisionally approved Amazon’s (NASDAQ:AMZN) investment in Deliveroo. Before the Coronavirus, the investment was not a given as the CMA was “concerned that… Read More

Amazon Web Services’ Quantum Ledger Database Teams Up with Blockchain Technology Partners to Integrate Smart Contracts

Amazon Web Services’ Quantum Ledger Database (QLDB) teamed up with Blockchain Technology Partners (BTP), in order to allow users to integrate smart contracts on its platform. BTP’s developers introduced general availability for its DAML incorporation, which may be  accessed via its Sextant for DAML platform…. Read More

Traditional Banks Might Lose their Leading Position in Developing National ID Solutions to Big Tech Firms Like Google, Apple, Amazon: Report

Traditional banks may be at risk of losing their leading position when it comes to developing national digital identity solutions. Big tech firms and various other multinational networked companies might be able to offer better digital identity schemes and take the lead, industry association Mobey… Read More

Digital Transformation: Deutsche Bank Is Accepting Bids from Amazon, Google, Microsoft to Help Upgrade its Legacy IT Systems

Deutsche Bank (NYSE:DB), a global investment bank and financial services company based in Frankfurt, Germany and dual-listed in New York Stock Exchange and Frankfurt Stock Exchange (with  €1.34 trillion assets), is reportedly inviting project bids from Amazon, Google and Microsoft in order to upgrade its… Read More

Big Tech Lobbying Firm, Financial Innovation Now, Releases Survey on Payment Apps, a “Vital Part of Everyday Life”

Financial Innovation Now (FIN) represents some of the biggest names in tech when it comes to Fintech. These firms include Apple, Amazon, Google, PayPal, Square, and Intuit. Each of these big tech firms have a strong foothold in providing financial services and many observers expect… Read More

dLocal Partners With Amazon For Local Payments Acceptance Services in Chile

dLocal, a fintech company specializing in facilitating cross-border payments for global e-commerce merchants in emerging markets, announced on Tuesday Amazon has gone live with the dLocal local payments acceptance services in Chile. dLocal claims that the solution enables some of the world’s most innovative companies… Read More

Banking Challenger Market Is Growing Rapidly, with Brazil’s Nubank being the World’s Largest with 15 Million Clients

The challenger bank trend first began in Europe and has been gradually spreading to other parts of the world. Traditional banking challengers have been growing steadily and have managed to attract large investments. FT Partners’ new report, titled The Rise of Challenger Banks: Are the… Read More

Major Spanish Multinational Banking Group BBVA Might Offer Its Fintech Products on Amazon

BBVA, a major Spanish multinational banking group, is considering the possibility of providing various banking-related products via Amazon (NASDAQ:AMZN). The financial industry has seen a large number of new solutions being introduced during the past few years and there has been a sharp increase in… Read More

Lightning Network Friendly Fold App Raises $2.5 Million to Bring Bitcoin Payments to Retailers

The Lightning Network (LN)-compatible Fold App, which lets users purchase clothes and various other items and receive Bitcoin-back rewards, has added support for fiat currencies after completing its first investment round as an independent startup. The company recently spun out of crypto venture studio Thesis… Read More

Ownera Digital Securities API Plans Launch in Partnership with Amazon

Ownera, an emerging digital securities network for the issuance of blockchain-based securities, says it will be releasing its “Digital Securities API” utilizing the Amazon Managed Blockchain service running HyperLedger Fabric. A recent research report noted that Hyperledger Fabric appears to be the clear winner for… Read More

Revolut Works with WWF and The Rainforest Alliance to Provide Donations to Amazon Rainforest

Digital bank Revolut is working with WWF and The Rainforest Alliance regarding the emergency appeal to support those dealing with the devastation caused by fire to the Amazon rainforest. Revolut has a donations feature as part of its bank application. Revolut initially launched this past… Read More

Outage at Amazon Web Services as Bitcoins to Trade for Less Than $1

A problem with Amazon Web Services caused, “some 500 error messages on APIs and affecting some withdrawal processing,” at Binance, the exchange’s CEO claimed on Twitter Friday. Amazon Web Services (AWS)  is a cloud-computing platform and subsidiary of Amazon. Individuals, companies and governments use the… Read More

Amazon Pay VP Says Company Has No Plans to Partner on Libra or Develop Cryptocurrency without Clear Need

Patrick Gaulthier, vice president of Amazon Pay told attendees at Fortune’s Brainstorm Finance 2019 event earlier this month that retail giant has no immediate plans to involve itself with Facebook’s Libra coin venture or start an Amazon crypto. “It’s fresh, it’s speculative,” he said regarding Libra…. Read More

Send this to a friend