Tagged: amazon

Small Business and Entrepreneurship Council Slams FTCs Move to Break up Amazon: “small business sellers, and their customers, would be harmed”

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement hammering the Federal Trade Commission (FTC) and its legal assault on Amazon. Earlier today, the FTC sued Amazon for “illegally maintaining monopoly power.” The FTC claims that  Amazon has pursued a “pattern of… Read More

Diego Lizarazo of Agoric: Blockchain Professional Comments on How a JavaScript Library Supports Web3 Devs Entering DLT, Smart Contracts Ecosystem

We recently connected with Diego Lizarazo, Director of Developer Relations at Agoric. Recently, Amazon launched Cloud Tools (AMB Access and Query services), which make it easier for developers to create decentralized applications. While this is a step in the right direction, more needs to be… Read More

Amazon Visa Cardholders May Now Pay in Equal Monthly Payments: 12 Months – 0% APR

Amazon (NASDAQ:AMZN) is now offering a more – loan-like product for its credit cardholders, according to the company. In a release, Amazon said that Prime Visa and Amazon Visa holders may pay in equal monthly payments when checking out online using Amazon Pay. Importantly, Amazon… Read More

Insurtech Cowbell Joins AWS Cyber Insurance Partner Initiative

Cowbell, a provider of cyber insurance for small and medium-sized enterprises (SMEs),  announced that it has joined the Amazon Web Services (AWS) Cyber Insurance Partner Initiative. Participation in this initiative demonstrates that Cowbell “has deep expertise in serving SME customers with cyber insurance coverage tailored… Read More

BNPL: Affirm Receives Big Boost as Amazon Adds Credit Option for Purchasers

Affirm (NASDAQ: AFRM) has received a significant boost as Amazon (NASDAQ:AMZN) one of the largest retailers in the world, has added this buy now pay later (BNPL) option to purchasers on the Amazon platform. Shareds in Affirm jumped following the news. Omar Soudodi, director of… Read More

Wearable Payment Solution ‘RingPay’ by McLEAR Launches on Amazon

RingPay by McLEAR, the smart ring that enables users to pay for things with a wave of the hand, launches for sale on Amazon UK this month. RingPay can be “used anywhere that allows contactless payment, such as restaurants, supermarkets, and transportation etc, and offers… Read More

Ram Ahluwalia on the Future of Banking: Big Tech Like Apple and Amazon Should Get Into the Banking Business

Recently, Ram Ahluwalia wrote an Op-Ed for American Banker that posed a somewhat controversial take on banking. Ahluwalia said outdated banking rules are denying access to Big Tech firms, like Apple and Amazon, who could enter the banking sector and bring loads of capital as… Read More

Digital Finance Innovator IntellectEU Becomes AWS Services Delivery Partner for Swift Connectivity

IntellectEU, an innovator in digital finance and emerging technologies, is now an Amazon Web Services (AWS) services delivery partner. IntellectEU will “support migration of Swift infrastructure to AWS cloud and provide integration and deployment of API channels, along with ISO 20022 advisory services.” Sigrid Wiley,… Read More

Credit Cards: Chase, Amazon Announce Benefits, New Features for Amazon Visa Card Portfolio

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), and Amazon (NASDAQ:AMZN) recently announced new benefits and features on the Amazon Visa card portfolio, “providing cardmembers with increased opportunity to earn cash back on purchases made with their card… Read More

Experian Selects AWS as Cloud Provider to Drive Product Innovation at Scale

Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), announced that Experian (LON:EXPN), the global information services company and credit reporting bureau, “has named AWS as its preferred cloud provider to power its multiyear information technology (IT) modernization initiative.” As part of the… Read More

Amazon Web Services (AWS) to Introduce an Infrastructure Region in Malaysia

Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ:AMZN), announced plans to launch an AWS infrastructure Region in Malaysia. The new AWS Region will “give developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, greater choice for running their applications and… Read More

As Anticipated, Federal Reserve Raises Rates by 25 Basis Points, Markets Pause – Then Rally

As was widely anticipated, today, the US Federal Reserve announced a 25 basis point increase to its benchmark rate as it continues to battle nagging inflation that has imperiled the economy. The vote by the Federal Open Market Committee (FOMC) was unanimous in its decision…. Read More

Amazon Introduces Merchant Cash Advance Program Provided by Parafin

Amazon (NASDAQ: AMZN) launched a new financing solution, a merchant cash advance, provided by Parafin–a U.S.-based provider of growth capital for sellers. This secure financing option “ties payment on the cash advance to a portion of sellers’ future sales for a fixed capital fee and… Read More

Digital Payments: Pay with Venmo on Amazon Coming this Holiday Season

Amazon’s (NASDAQ: AMZN) U.S. customers will soon be able “to add their Venmo account as a payment method.” At Venmo, they’re consistently “focused on giving you more ways to use Venmo in your daily life.” Today, they’re pleased to introduce the ability “to pay with… Read More

UK Fintech Ebury Enrolls in Amazon’s Payment Service Provider Program

Ebury, a global fintech, is pleased to announce that it has become a member of Amazon’s Payment Service Provider Program “meaning that sellers using Amazon sites can continue to collect payments in different regions and currencies through Ebury’s platform.” The Program was “introduced by Amazon… Read More

Amazon, Lendistry Support Small Business Growth with Expansion of Amazon Community Lending Program

A year after its successful pilot launch, Amazon (NASDAQ: AMZN) announced that it will roll out the Amazon Community Lending program as a long-term offering “to help even more sellers grow.” In partnership with B.S.D. Capital, Inc. dba Lendistry, this program will “continue to support… Read More

Affirm, Amazon Introduce Pay-Over-Time Option to Customers in Canada

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced the expansion of its relationship with Amazon to Canada, bringing “increased payment flexibility and transparency to customers shopping on Amazon.ca.” This payment option will be “available during checkout to all… Read More

Insurtech bolttech Digitally Transforms Customer Support with Amazon Web Services

Amazon Web Services (AWS), an Amazon.com company, announced international insurtech bolttech has built a new customer support platform on AWS “to enhance services for more than eight million customers in 30 markets globally.” Singapore-based bolttech “connects insurers, distributors, and customers to make it easier to… Read More

Amazon Announces “Sellers Wallet” as it Enters Digital Wallet Space

Amazon, (NASDAQ:AMZN) has announced a new service for its customers running storefronts on the Amazon marketplace – a Sellers Wallet; a new digital wallet that aims to “simplify the global Amazon selling experience.” The Seller Wallet is described as one of the payment options and… Read More

BNPL: Amazon Egypt Introduces valU’s Buy Now Pay Later Services in Egypt

As part of Amazon Egypt’s ongoing commitment to improve its shopping experience and offer clients in the country with flexible and affordable payment options, Amazon Egypt (amazon.eg) is offering installment plans via valU, the Buy-Now, Pay-Later (BNPL) lifestyle-enabling Fintech in MENA, a subsidiary of EFG… Read More

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