Tag: Amazon

ECB warns that big tech entering the FinTech space could lead...

The European Central Bank has warned that Europe's failure to produce big tech companies of its own to compete with American ones could leave the EU exposed and reliant on foreign providers as big tech moves into the FinTech sector.

Four men arrested on claims of stealing $19m from Amazon through...

Four men have been arrested on charges of an invoice fraud scheme that allegedly enabled them to steal $19m from e-commerce giant Amazon.

Are smaller startups ready for big tech entering the FinTech space?

Big tech firms already control what people watch, buy and find online. Now, some of them are trying the waters of FinTech.

Could Backbase’s new banking platform really help incumbents compete with new...

Challenger banks and huge tech titans threaten to take traditional banks' share of the market. Now Backbase believes it might have a solution.

Amazon told users to uninstall Honey for security reasons just days...

In what can be interpreted as an unveiled attempt at throwing shade at PayPal’s latest acquisition, Amazon has warned its users against allowing Honey Science Corporation’s software to run on their devices.

New Financial Stability Board report warns that big tech stepping into...

Tech titans could end up dominating the FinTech space if left unchecked, a new report from the Financial Stability Board (FSB) warns.

EU antitrust regulators put Apple Pay in its crosshairs

Apple is about to face more scrutiny from European regulators about whether or not the tech titan asked online sales companies to use Apple...

What will tech titans entering the FinTech sector mean for competition,...

Uber has taken another step into FinTech scene. As other big tech firms are also viewing the opportunities of the sector, the industry might change considerably.

Hey Alexa, tell me more about how Amazon Pay has joined...

Paymentus, the payments company, has announced a new partnership with Amazon Pay, which will see the giant join its growing payment network alongside PayPal.

Capital One pays $22m in cybersecurity incident expenses as Elizabeth Warren...

American lender Capital One has revealed its third quarter results and it seems like the highly reported security breach has taken a big chunk out of its profits.

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