Amazon’s move into P2P payments faces adoption hurdles

Amazon.com Inc on Thursday said it was closing a small New York warehouse temporarily after one of its associates tested positive for the coronavirus, a move that highlights the operational risk it faces as the disease spreads......»»

A large donation to a non-profit working to protect the Amazon rainforest has been blocked by compliance hurdles at crypto payments firm BitPay......»»

A group representing songwriters blasted the move as a "shameful attempt to cut their payments by nearly one-third." Spotify, Google, Pandora and Amazon are appeali.....»»

Amazon.com Inc. is mulling an expansion of its banking and finance footprint by allowing customers to use its voice-automated assistant Alexa to make direct payments to each other, according to the Wall Street Journal. The move would put Amazon in.....»»

Amazon.com is considering whether to use Alexa to launch a person-to-person payments feature, a move that would push the retailing giant into new competition with Venmo and big banks’ payments efforts......»»

Amazon.com is considering whether to use Alexa to launch a person-to-person payments feature, a move that would push the retailing giant into new competition with Venmo and big banks’ payments efforts......»»

Amazon's (AMZN) workers at its biggest warehouse in Spain have called for a two-day strike all.....»»

Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates, as it faces new regulatory hurdles in India and a slowdown in e-commerce sales in Europe......»»

Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates, as it faces regulatory hurdles in India and a slowdown in e-commerce sales in Europe......»»

Amazon on Thursday forecast first-quarter sales below Wall Street estimates, as it faces regulatory hurdles in India and a slowdown in e-commerce sales in Europe......»»

The move is a boon for Amazon as it faces a tall task in disrupting the traditionally walled garden that is the U.S. shipping industry......»»

Amazon reports solid first-quarter FY24 net sales, Elon Musk slams Meta, TikTok faces competition from Twitch and more . read more.....»»

Amazon CEO Andy Jassy touted the capa.....»»

For Tesla, this news is particularly positive, especially during a time when its core electric vehicle business faces headwinds due to slowing EV adoption and economic uncertainty. read more.....»»

Some Twitter users called the council "an attack on Bitcoin" while others claimed the group would drive the currency's mining and transaction costs higher, amount to a bigger waste of energy and make it less viable for payments.....»»

The 10-year-old business took a 50 percent hit to its revenue in 2020. And the owner still faces multiple hurdles to recovery......»»

The complicated 30-year pact faces significant hurdles before Florida residents and visitors legally could whip out their phones and place bets on their favorite sports teams......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

The bill faces serious hurdles in the Senate, where it likely won't receive the 60 votes necessary to overcome a filibuster. Residents of Washington, DC, rally for stateho.....»»

A group of workers at Amazon's Staten Island, New York, warehouse said Monday they had star.....»»