Amazon

Despite Cryptocurrency Crash, Amazon Sees Opportunity to Embrace Blockchain

Even as cryptocurrencies are getting crushed, Amazon sees plenty of opportunity with blockchain technology.

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Amazon Is Reportedly Looking to Challenge Apple With Its Own Mobile Payments Within Stores

Amazon has been quietly working to get brick-and-mortar retailers to adopt its mobile payment system for in-store purchases, The Wall Street Journal reports.

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Amazon Launches Amex SMB Card, New Prime Features for Businesses

Amazon Business is bolstering its services for small businesses through a new co-branded commercial card with American Express as well as enhanced Prime features for business users.

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Amazon Casts a Long Dark Shadow Over Banking

Bain is once again raising the spectre of the big banking bogeyman that is Amazon, pointing to research which suggests that 65% of Prime subscribers would be prepared to open a bank account with the e-commerce giant.

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“Alexa, Buy Me Stuff!” – Amazon and the Payments Space

Thad Peterson from the Aite Group explains how voice ecommerce has taken a lead in the industry by depicting the evolution of ecommerce The evolution of commerce Until the 1980’s, there were only three ways that consumers could engage in commerce with a merchant: in the store, on the phone, or with a catalog through […]

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Discover’s New CEO Says Amazon Is a Friend to Banks, Not a Foe

As Wall Street keeps a wary eye on Amazon.com Inc.’s possible foray into finance, Discover Financial Services’ new chief executive officer isn’t too worried about technology-based invaders.

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6 Biggest Threats to Alexa Payments

Amazon is coming out with a massive range of Alexa-enabled devices – from high-end speakers to ordinary-looking microwaves – with the goal of building out an ecosystem tied to the company’s massive e-commerce platform.

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Amazon Considering Opening Up to 3,000 Cashierless Stores by 2021

Amazon is considering a plan to open as many as 3,000 new AmazonGo cashierless stores in the next few years, according to people familiar with matter, an aggressive and costly expansion that would threaten convenience chains like 7-Eleven Inc., quick-service sandwich shops like Subway and Panera Bread, and mom-and-pop pizzerias and taco trucks.

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Amazon to Open Checkout-free Store in New York

(Reuters) – Amazon.com Inc said on Friday it plans to open its checkout-free ‘Amazon Go’ grocery store in New York, expanding beyond Seattle where it is headquartered. The Amazon Go store, which has no cashiers and allows shoppers to buy things with the help of a smartphone app, is widely seen as a concept that […]

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Cashierless Checkout: Everything You Need to Know

Amazon Go may be stealing the spotlight, but it is far from alone in the rush to revolutionize in-store checkout through the use of sensors, scanners, mobile devices and more. The ultimate goal of these projects is to reduce lines and increase foot traffic, but they rely on a solid foundation of digital payments technology.

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The Amazonisation of Banking

The Amazonisation of Banking is very different from Amazon being a bank A while back, the Wall Street Journal ran a story about Amazon being in talks with major banks, including JP Morgan, about building what the Journal referred to as a checking-account-like product.

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Are Apple, Amazon and Facebook the Future of Banking?

Watch out, big banks. Silicon Valley is targeting finance as the next industry ripe for disruption. In the not-too-distant-future, Amazon (AMZN) could let customers zap each other cash with Alexa, and then deposit the money in an Amazon-branded checking account.

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