Tagged: amazon

Web3 Thoughts of the Week: Amazon/OpenAI Cloud Deal, Bitcoin Thresholds, & Developer Interest in Solana and Ethereum

OpenAI and Amazon’s $38 billion deal had Web3 tongues wagging, but other topics also caught their attention. Read on to find out which ones. Bitcoin good “October is over, and what a disappointment it was for crypto investors expecting the customary rally. Bitcoin closed October… Read More

Snapchat, Some Banks, Coinbase Others Impacted by AWS Outage

AWS, the incredibly successful infrastructure venture by Amazon (NASDAQ:AMZN) experienced an outage earlier today that impacted thousands of website. AWS confirmed the outage explaining there was an issue with a Domain Name System (DNS) failure that mainly impacted the US East – 1 region. While… Read More

Amazon Completes Acquisition of Digital Lending Startup Axio

Amazon (NASDAQ:AMZN) has finalized its acquisition of Bengaluru-based digital lending startup Axio, formerly known as Capital Float. As reported by local sources, the deal, completed eight months after the signing of a definitive agreement in December 2024, marks one of Amazon’s largest buyouts in India,… Read More

UK Government Alleges Amazon is Delaying Payments Harming Vendors

The UK government is claiming that Amazon is in breach of its “no delay in payments” rule, harming its UK-based vendors. In the UK, it is recognized that delayed payments to vendors can impact a company’s performance, especially for smaller firms. The Groceries Code Adjudicator… Read More

Quantum Computing Brings Challenges, Opportunities for Investors and Entrepreneurs

Quantum technology is in an interesting period. It’s being discussed more often, but outside of some tech circles, it’s not well understood. What is quantum technology, where is it right now, and where is it headed? Is its future dominance of society guaranteed? Anders Indset… Read More

AI Adoption : Amazon, Microsoft, Alphabet Investing to Capture Market Share and Monetize Demand for Cloud Computing Power

The artificial intelligence (AI) evolution is reshaping industries, and the world’s top three cloud providers—Amazon, Microsoft, and Alphabet—are at the forefront of this transformation. As AI workloads surge, these cloud providers are investing to capture market share and monetize the demand for computing power. According… Read More

NAB and Amazon Launch PayTo Payment for Amazon Clients in Australia

Customers engaging in e-commerce activities via Amazon.com.au can now use ‘PayTo’ to make a purchase directly from their bank account in a secure way, removing the need to provide sensitive payment card details. The PayTo payment option gives Amazon.com.au customers visibility and control over their… Read More

Amazon to Acquire Indian Digital Lending Firm Axio to Expand Credit Solutions

Amazon has signed an agreement to acquire Axio, a Bengaluru-based digital lending firm that provides credit access to underserved individuals and households across India. The acquisition, which awaits regulatory approval, is expected to bolster Amazon’s footprint in the rapidly growing digital lending market and strengthen… Read More

Engage People’s Len Covello Expects Thriving Loyalty Sector in 2025 and Beyond

Loyalty programs, while less discussed than other areas of Fintech, are one of the most interesting sectors that deliver daily consumer value. One of the main innovators is Engage People, which has enabled the redemption of more than 1.4 billion points thanks to partnerships with… Read More

Amazon Invests $1.49bn in Singapore Operations, Supports Over 10,000 Jobs

US e-commerce giant Amazon (NASDAQ:AMZN)announced that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023, bolstering its presence in the Southeast Asian market and supporting over 10,000 indirect jobs. The investment encompasses capital expenditure on… Read More

Amazon and Santander to Launch Visa Credit Card in Germany

Amazon (NASDAQ:AMZN) and Santander (NYSE: SAN) have announced a partnership to launch its new Amazon Visa credit card in Germany. The card has no annual fee and does “not require customers to open a new bank account.” Amazon Visa enables customers to earn rewards “while… Read More

Big Tech in Fintech Report Reveals How Amazon and Google are Battling to Own Digital Transactions

CBInsights has released an extensive update focused on the role of “Big Tech in Fintech: How Amazon and Google are battling to own transactions.” The comprehensive research report from CBInsights pointed out that while Amazon and Google have reeled in their efforts to offer their… Read More

Visa Expands Payments Options for Amazon Clients with Flexible Installments Plans

Visa (NYSE: V)  has announced a new collaboration with Amazon (NASDAQ:AMZN) that will provide Canadian consumers with more choice at checkout. When shopping online on Amazon.ca or on the Amazon app, eligible RBC and Scotiabank credit cardholders will now have the option “to select Installments… Read More

Stripe Extends Amazon Partnership by Enabling Payments for Retailers Using Just Walk Out Tech in Australia, Canada

Stripe, a financial infrastructure platform for businesses, announced an expansion of its Amazon (NASDAQ:AMZN) partnership by powering payments for retailers using Just Walk Out technology in Australia and Canada. Amazon’s Just Walk Out technology is “designed to be an effortless shopping experience. The guest enters… Read More

Kueski, a BNPL Provider in LatAm, Available as Payment Option via Amazon for Mexico based Consumers

Kueski, the buy now, pay later (BNPL) provider in Latin America, has taken a major step forward in expanding financial access for everyday Mexicans and will now be available as a payment option on Amazon.com.mx. As a result, shopping will be more convenient and customers… Read More

SellerFi to Provide Up To $10 Million in Credit for Sellers on Amazon

SellersFi (formerly SellersFunding) is reporting that it has inked a deal to provide credit on the Amazon (NASDAQ:AMZN) marketplace. According to the Fintech, eligible Amazon sellers will be able to tap into a credit line of up to $10 million via Amazon Lending. Ricardo Pero,… Read More

Artificial Intelligence: Accenture and Amazon Web Services (AWS) to Enable Adoption of Generative AI Tech

Accenture (NYSE: ACN) and Amazon Web Services (AWS) have announced the two companies will collaborate to help developers and enterprise customers accelerate the adoption of advanced generative AI technology. Generative AI shows promise in “transforming software development and application modernization.” Building on its AI-focused strategic… Read More

FloQast Introduces Accounting Operations Platform Solutions via AWS Marketplace

FloQast, a provider of accounting workflow automation software created by accountants for accountants and an AWS Qualified Software Partner, announced that the FloQast Accounting Operations Platform is now “available in AWS Marketplace, a digital catalog with thousands of software listings from independent software vendors that… Read More

Animoca Brands, Amazon Web Services, Polygon Labs to Enable Web3 Startup Development via Mocaverse

Animoca Brands, Amazon Web Services (AWS), and Polygon Labs announced MoonRealm Express Accelerator, a strategic collaboration to support Web3 builders around the world and accelerate the development of Web3 products and solutions through Animoca Brands’ flagship project Mocaverse. MoonRealm Express Accelerator is “an accelerator program… Read More

Mambu, an SaaS Cloud Banking Platform, Now Available via AWS Marketplace

Mambu, a Software as a Service (SaaS) cloud banking platform, announced it is now available in AWS Marketplace, making it one of the first core banking providers on the site. AWS Marketplace is a digital catalogue “with thousands of software listings from independent software vendors… Read More

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