Amazon

News/payments

Amazon suspends ban on Visa payments

Amazon has deferred its plan to stop customers using Visa credit cards at the last minute, says the Independent.

17 January 2022

News/payments

Curve promises Amazon Visa ban hack

As Amazon UK stops accepting Visa credit cards from later this week, fintech Curve says it has a "hack" that will enable shoppers to still make payments with the banned cards.

17 January 2022

News/payments

Barclays to offer instalment payment plans with Amazon

UK consumers can now apply for a reusable credit account from Barclays, which lets them spread the cost of purchases over £100 on amazon.co.uk in equal monthly instalments

17 December 2021

News/payments

Amazon to ban Visa credit cards in the UK

Amazon UK is to stop accepting credit cards from Visa, blaming the ban on the 'high cost of payments'.

17 November 2021

News/payments

Amazon adds Venmo as payment option

PayPal has struck a deal with Amazon to enable US shoppers to pay for purchases using their Venmo accounts.

09 November 2021

News/regulation

US consumer watchdog probes Big Tech's use of payment data

The US Consumer Financial Protection Bureau (CFPB) has ordered Amazon, Apple, Facebook, and Google to hand over information on their payment system plans so that it can see how they gather and use customer data.

21 October 2021

News/payments

Amazon developing POS to compete with PayPal, Shopify

Insider reports that Amazon’s Project Santos is working on the point-of-sale (POS) solution to compete with the likes of industry giants.

10 September 2021

News/payments

Amazon partners Affirm to offer customers BNPL option

Amazon has teamed up with Affirm to offer its US customers a buy now, pay later option at the checkout.

30 August 2021

News/cloud

Barclays, HSBC, Lloyds and others hit by major DNS outage

Late Thursday afternoon Akamai reported a problem with its Edge DNS service, resulting in outages at thousands of websites.

22 July 2021

News/payments

AmEx brings digital receipts to Amazon purchases

American Express has expanded its digital receipts feature to give US card members who shop on Amazon extra purchase information about orders with the e-commerce giant.

08 July 2021

News/payments

EBAday 2021: Payments transformation and the road to success

Finextra Research and the Euro Banking Association today welcomed the global banking community to EBAday 2021. Running from 28-30 June, the virtual conference is being led by some of the most influential leaders and practitioners in the financial services sector, and dives into the current and future trends of the European and international payments landscape – as well as the latest developments across digital banking, liquidity management, open banking, real-time payments, and more.

28 June 2021

News/payments

Amazon opens Fintech Lab in Dubai

Amazon is opening a Fintech Lab at Dubai's DIFC Innovation Hub, working with startups and partners to provide a forum for new directions in digital payments.

21 June 2021

News/payments

Amazon opens cashierless store in London

Amazon has opened a cashierless store in London that lets customers "just walk out" once they have collected their shopping, with payment automatically taken from their account.

04 March 2021

Finextra TV/payments

Beyond the transaction: how payments service providers can innovate for their customers

Anant Gupta, APAC Innovation Lead, Financial Services, at Amazon Web Services (AWS), speaks to Finextra TV about how cloud services and a customer-centric mindset can help payments service providers use data to innovate and grow. By helping their merchant customers take action—informed by data and insight—to manage and grow their businesses, payments companies have an opportunity to deepen their customer relationships while building new revenue streams.

03 March 2021

News/predictions

Dimon 'scared shitless' by fintechs; calls out Plaid

JPMorgan Chase CEO Jamie Dimon says incumbent banks should be "scared shitless" by fintech rivals, adding that some - including Plaid - are competing unfairly.

18 January 2021

Finextra TV/cloud

How the Cloud Supports Innovation in Financial Services

Lynne Zeldenryk, WW Innovation Lead, Financial Services at Amazon Web Services, speaks to FinextraTV about the power of cloud strategies, and the role adoption has in developing cutting edge new products and services, the need for more creativity and innovation amongst banks, and how this is driving the market to deliver new products more speedily and efficiently.

14 December 2020

News/payments

Payments have become tech arms race say banks

The vast majority of banks (94%) believe that the Covid-19 pandemic has turned the payments market into a technology arms race for which they are unprepared.

07 December 2020

Research

Personalisation-as-a-Service: Harnessing Data in the Banking and Payments Industry

30 October 2020 524 downloads

News/retail

Sibos 2020: Big Tech companies are not looking to get into financial services – Jesse McWaters

Jesse McWaters, Mastercard’s vice president of global digital public policy, believes the way people think about Big Tech companies entering financial services are mistaken.

08 October 2020