Amazon brings cashierless payment technology to AWS
Amazon intends to use AWS to market Amazon Go, a set of technologies and services that allow in-store payments without checkout personnel.
The organization initially developed Amazon Go for small businesses. The technology allows customers to pay without human intervention. As a result, stores ... Read more
Sage teams up with point-of-sale provider Square
Sage announced a partnership with Square. The partnership aims to integrate Sage's accounting solutions and Square's point-of-sale (POS) systems to assist small businesses in making payments using Square.
The new, joint application for Sage customers is available in the Sage marketplace. Transac... Read more
Apple faces antitrust lawsuit for mistreating Jamf
Apple's recent treatment of Jamf is considered anti-competitive. Furthermore, the tech giant's new device management software may directly compete with Jamf.
The antitrust regulators of the European Union announced that Apple refused to allow third-party payment services to access its NFC chip.... Read more
Rackspace is now qualified to assess data security in the payment card industry
Rackspace Technology recently made headlines for achieving the status of a Qualified Security Assessor Company (QSAC) for the Payment Card Industry Data Security Standard (PCI DSS).
Rackspace met the criteria for the EMEA region, referred to as Europe and CEMEA by the PCI DSS.
Why i... Read more
Mobiquity and Stripe join forces to develop payment services
Digital consultancy Mobiquity and payment platform Stripe announced a collaboration. Both parties want to develop seamless payment services for companies and end users.
Consumer behaviour is changing. Online shopping remains on the rise. Personalized customer experiences are increasingly importa... Read more
Madrid-Based fintech startup “RITMO” hits jackpot with $200m funding
RITMO – a Spanish fintech startup – plans to help eCommerce entrepreneurs and businesses expand rapidly and surmount various supply-chain challenges by offering them capital.
Revenue-based financing startups are gaining strength by offering low-on-cash startups a viable alternative to bank... Read more
Apple is planning to build its infrastructure for payments and lending
Apple has developed a plan to create an individual financial infrastructure for payment and lending purposes.
Apple plans to develop its own internal technology for various financial services for those users breaking out from the existing establishment players. A new payment system called Breako... Read more
Google allows Spotify and other app developers to try out their own billing systems
Google announced that it’s collaborating with Spotify – the Swedish media and audio streaming service provider – to test third-party payment options for application developers.
Google and Apple faced massive pressure over increased fees on in-app transactions on their smartphone platforms,... Read more
Akamai and Mitsubishi come together with blockchain payment platform
Akamai and the Mitsubishi UFJ Financial Group enter into a joint venture: the Global Open Network (GO-NET). The plan is to offer within that joint venture a new online payment network based on blockchain. This should secure a new generation of transactions, make them scalable and also make them resp... Read more
Payment service Stripe raises 245 million dollars in new investment round
Stripe raised $245 million in a new investment round. This would result in a total value of no less than 20 billion dollars. A nice milestone, because the company would like to be listed on the stock exchange in 2019 or 2020.
The company was founded in 2010 and processes payments on the sites of it... Read more