ING provides loans to Amazon sellers
Jun30

ING provides loans to Amazon sellers

ING Germany will provide eligible Amazon sellers with loans of between EUR 10,000 and 750,000 with periods of up to three years. Applications to the program are available to established sellers based in Germany who meet ING’s criteria, for example with regard to their sales history.  “Our goal is to help to established sellers grow their business. More than half of the units sold on Amazon worldwide come from independent small and...

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Mastercard SpendingPulse: UK E-Commerce Sales up 72% Year-On-Year in May as Pandemic Continues to Drive Consumers Online
Jun18

Mastercard SpendingPulse: UK E-Commerce Sales up 72% Year-On-Year in May as Pandemic Continues to Drive Consumers Online

Online retail sales were up 72% year-on-year in the UK in May according to Mastercard SpendingPulse, which tracks overall retail sales across all types of payment, including card, cash and cheque. This is an advance on April’s online sales – which were up 64% year-over-year, showing an ongoing growth trend as consumers continue to shop online during the pandemic. To dig into this further, Mastercard has released the first report, The...

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Zeux becomes first fintech to launch in-app Amazon shopping feature in the UK
Apr21

Zeux becomes first fintech to launch in-app Amazon shopping feature in the UK

As the volume of online sales skyrocket, London-based company Zeux launches the UK’s first fintech ‘in-app’ Amazon shopping feature. Zeux customers will experience the convenience of a unique all-in-one money management app plus receive 2% cash-back on their in-app purchases. According to data from ACI Worldwide, online retail sales jumped 74% in March. With increasingly warm weather, gardening products saw the highest spike, rising...

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Blockchain Technology Partners brings smart contracts to Amazon Quantum Ledger Database with Sextant for DAML
Feb27

Blockchain Technology Partners brings smart contracts to Amazon Quantum Ledger Database with Sextant for DAML

Blockchain Technology Partners today announced the general availability of its integration of DAML, the open source smart contract language created by Digital Asset, with the Amazon Quantum Ledger Database, commercially supported by BTP’s Sextant for DAML. Amazon QLDB is the third platform commercially supported by Sextant for DAML, an integrated offering that radically simplifies the deployment and management of DAML enabled ledgers....

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Murex to offer MX.3 Risk, Trading and Post-trade Solutions on the AWS Cloud
Dec13

Murex to offer MX.3 Risk, Trading and Post-trade Solutions on the AWS Cloud

New collaboration with Amazon Web Services will enable Murex clients to deploy, test and optimize the MX.3 platform on the cloud Murex announced they will run their MX.3 technology platform on Amazon Web Services, Inc. (AWS). With the acceleration of cloud adoption in capital markets, Murex and AWS agreed to collaborate to help clients migrate their Murex application workloads to the AWS Cloud. Murex clients are looking to consolidate...

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Ally Bank Launches Voice-Command Banking Capabilities with New Ally Skill(SM) for Amazon Alexa
Nov15

Ally Bank Launches Voice-Command Banking Capabilities with New Ally Skill(SM) for Amazon Alexa

Capabilities Include Managing Everyday Banking Needs and a Unique Feature that Translates the Cost of a Purchase into Equivalent Number of Working Hours Ally Bank today announced the launch of the Ally SkillSM for Alexa providing customers a quick and easy way to access and manage their Ally Bank accounts using an Amazon® Alexa-enabled device. The Ally Skill functionality further simplifies everyday banking tasks such as checking...

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Will Amazon Accept Bitcoin this month, and will Crypto Currency become Mainstream?
Oct23

Will Amazon Accept Bitcoin this month, and will Crypto Currency become Mainstream?

In a thought-provoking viewpoint for ParcelHero, Forbes’ digital currency specialist Roger Aitken asks if Amazon will adopt Bitcoin as early as this month, and says we should all consider joining the crypto currency party. In a wake-up call to investors and consumers, the award-winning Forbes’ cryptocurrency journalist Roger Aitken has revealed that a global petition urging Amazon to accept Bitcoin has already gained...

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Amazon, Apple and the Post Office Among the Big winners at the Emerging Payments Awards 2017
Oct06

Amazon, Apple and the Post Office Among the Big winners at the Emerging Payments Awards 2017

Big name industry giants and innovative new British FinTech organisations were recognised last night at the tenth annual Emerging Payments Awards in London. Recognising and celebrating the best the payments industry has to offer, the Emerging Payments Awards were presented at The Hilton, Park Lane in London on Thursday 5th October. Industry big-hitters Amazon Pay were recognised for Best Online Payments Solution, while Best Proximity...

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Expert Comment: Why has Amazon Introduced a “top up” Service?
Aug30

Expert Comment: Why has Amazon Introduced a “top up” Service?

The announcement that Amazon is bringing a cash “top up” option to the UK is welcome news to those who remain unbanked. According to Financial Inclusion Annual Monitoring Report in 2015, there are 1.5 million adults in the UK who fall in this category. While traditional card payment methods remain the most popular form of transaction in the UK, offering the public a variety of payment options is sensible business.  This “Top Up”...

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If Amazon Built a Bank
Mar24

If Amazon Built a Bank

Revolut gives a nod to Prime as the game-changing financial services platform and today launches its Premium Account If Amazon built a bank, it would look a lot like Revolut. Today, the London based startup announces its Premium Membership, edging even closer to neo-bank territory as it continues to develop revolutionary financial services and solutions for the digital generation, and its 550,000 strong customer base across 42...

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First Cloud-Based Bank in the UK is OakNorth
May26

First Cloud-Based Bank in the UK is OakNorth

OakNorth has become the first bank in the UK to have its core system fully hosted on the cloud; The move paves the way for other banks, insurers and financial services companies in the UK to take advantage of cloud computing services. OakNorth – the bank for entrepreneurs, by entrepreneurs – has today become the first cloud-based bank in the UK after months of working with Amazon Web Services (AWS) to drive the development forward...

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