Amazon Posts $3.2 Billion Profit
Amazon starts the year with a quarterly profit.
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Amazon Pay Rolls Out Citi Flex Pay to Give Credit Card Users Instalment Option
Citi credit card holders have been able to make payments in installments using Amazon Pay when placing an order on thousands of online store sites.
Amazon Closes Halo Health Division
Amazon has sent out notices to Halo Health customers that this division of the company is ceasing operations on July 31 of this year.
How Can Ecommerce Sites Implement Live Streaming in New Ways to Get Ahead?
The ecommerce industry has boomed over the last few decades, but the crazy thing is it is only just getting started. Indeed, online consumerism will be ubiquitous in the future, and it’s expected to grow significantly and reach $7.3 trillion by 2025. There’s still a lot of opportunity out there for businesses in the industry and people […]
Amazon Joins Generative AI Race
Amazon Web Services has become another company to explore generative artificial intelligence. The new Bedrock AI service is now available in a limited preview
Amazon Expands Palm Scan Payments in Bid for Grocery Shopper Loyalty
Amazon is adding pay-by-palm and smart carts to an increasing number of grocery stores.
Tillerman Launches Insights Tool Leveraging POS Data
Designed for retail brands and wholesalers, the new Tillerman Insight tool is equipped with an interactive and visual dashboard that facilitates gaining and analysing insights from the POS data
Amazon Cuts Over 100 Games Division Jobs
Amazon has laid off more than 100 employees of its gaming division and reassigned workers to other structural units.
Panera Bread Pilots Palm Reading Tech by Amazon
Fast food network Panera Bread is introducing the Amazon One palm reading technology to enable seamless payments and access to the loyalty program
Transact Campus Partners With Amazon to Introduce Unmanned Stores on Campuses
Fintech provider Transact Campus integrated its payment solutions with Just Walk Out technology by Amazon to deploy self-service stores on and off college campuses
RBI Fines Amazon Pay
The Central Bank of India has taken action in the form of a fine against the Indian division of Amazon Pay.
M-Pesa Partners With Amazon to Provide Global Remittances
Africa’s most popular mobile money remittance service M-Pesa has partnered with global retail tech leader Amazon to offer worldwide remittance services
Amazon Business App Adds Purchase Reconciliation Tool for B2B Buyers
Amazon Business has added 3-Way Match to its mobile app for B2B shoppers.
Amazon and Google Get Payments Clearance in India
Google and Amazon have received permission to expand the scope of their online payment systems in India.
BBVA Ports Its Investment Banking Operations to Amazon Web Services
Spanish financial group BBVA transfers its complex investment banking operations to Amazon Web Services (AWS).
Walmart Readies $2.5 Billion Investment in India’s E-Commerce and Payments
Walmart plans to invest more than $2.5 billion to develop its e-commerce and payments business in India.
