Amazon

Amazon’s Growing Prime Focus: America’s Poor

Amazon is dialing up efforts to win over customers that typically frequent rivals such as Walmart: low-income shoppers.

Read More
post thumbnail

Amazon Ventures Further Into Credit Card Industry With Synchrony Partnership

Amazon AMZN opened Monday up over 4 after announcing its new Amazon Store Card Credit Builder. Partnered with Synchrony Bank SYF, the card will be marketed to those with low credit scores who would have a hard time getting a standard credit card from major providers such as Visa V or American Express AXP.

Read More
post thumbnail

Amazon’s Newest Credit Card Could Be a Double-edged Sword for People With Bad Credit

Amazons newest credit card is designed to appeal to consumers who are looking to improve their credit score. It comes with an unusual structure and some major caveats. The Amazon Credit Builder card AMZN, +3.96 will function as a secured credit card, but with the same benefits as Amazons Store Card.

Read More

Amazon Develops Device to Recognize Emotions

Amazon is reportedly developing a wearable device that is activated by voice to recognize human emotions. The effort is a collaboration between the Alexa voice software team and Lab126, which is a group behind the Echo smart speaker as well as Amazon’s Fire phone, Bloomberg reported.

Read More

Crafting Amazon-Like Banking Experiences Easier Said Than Done

Subscribe to The Financial Brand via email for FREEAll Americans eagerly await digitally-powered hyper-personalization of financial services. At least that’s what we all keep hearing.

Read More

Apple Goldman Sachs Credit Card Link-up Could Be Followed by Amazon

After Apple revealed an upcoming credit card launch with Goldman Sachs, digital banking expert Jo Howes believes Amazon could be the next tech giant to follow suit and make a move into the financial services industry Amazon could be the next big tech firm to enter the banking industry, says a fintech expert after Apple […]

Read More

Despite Cryptocurrency Crash, Amazon Sees Opportunity to Embrace Blockchain

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

Read More

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.

Read More

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.

Read More

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.

Read More

“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 […]

Read More

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.

Read More