Tagged: amazon

August 17, 2021 @ 8:55 am By Omar Faridi  |  

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

July 26, 2021 @ 4:29 pm By JD Alois  |  

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

July 26, 2021 @ 8:50 am By Omar Faridi  |  

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

June 17, 2021 @ 7:54 pm By Omar Faridi  |  

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

March 9, 2021 @ 10:51 pm By Omar Faridi  |  

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

February 28, 2021 @ 9:51 pm By Omar Faridi  |  

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

February 13, 2021 @ 7:44 pm By Omar Faridi  |  

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

February 13, 2021 @ 2:41 pm By Omar Faridi  |  

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

January 3, 2021 @ 9:00 pm By Timothy Li  |  

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

October 21, 2020 @ 9:20 pm By Omar Faridi  |  

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

September 30, 2020 @ 7:00 am By Omar Faridi  |  

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

September 29, 2020 @ 9:33 am By JD Alois  |  

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

September 15, 2020 @ 9:04 pm By Omar Faridi  |  

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

September 2, 2020 @ 11:43 am By Samantha Hurst  |  

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

August 17, 2020 @ 7:57 am By Omar Faridi  |  

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

June 11, 2020 @ 11:41 pm By JD Alois  |  

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

April 17, 2020 @ 9:05 am By JD Alois  |  

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

February 28, 2020 @ 9:23 am By Omar Faridi  |  

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

February 21, 2020 @ 3:40 pm By Omar Faridi  |  

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

February 11, 2020 @ 11:44 pm By Omar Faridi  |  

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