#BigTech / Google Pay unveils integrated banking challenger Plex

Google has revealed the creation of Plex, “a new mobile-first bank account integrated into Google Pay”… Plex is a checking and savings account. Google says the banking challenger will have no monthly fees, overdraft charges or minimum balance requirements… As well as announcing Plex, Google Pay has also undergone a major revamp; The overhaul seesContinue reading “#BigTech / Google Pay unveils integrated banking challenger Plex”

#BigTech / Google rolls out mobile bank accounts via updated Google Pay app

The rollout is being conducted as part of its partnership with Citi and Stanford Federal Credit Union. [VP of payments at Google:] “People do almost everything on their phones today, but for many, the way they save, pay and engage with their bank has remained unchanged.” … Google is hoping to change that with Plex,Continue reading “#BigTech / Google rolls out mobile bank accounts via updated Google Pay app”

#BigTech / Apple ‘an emerging contender in the fintech space’

Tech behemoth’s payments platform to surpass $1 billion revenue in FY2020… Apple’s payments platform contributed to record-high revenue in its fiscal fourth quarter and soon could soar into the multibillion-dollar stratosphere… [Krish Sankar, managing director and senior research analyst at investment bank Cowan and Co.:] “While Apple has portrayed these digital services as complementary toContinue reading “#BigTech / Apple ‘an emerging contender in the fintech space’”

#BigTech / Amazon, Apple On Track To Rake In $100B In Q4

The 2020 holiday season could be a record-breaker for Amazon and Apple, both of which stand to report over $100 billion in revenue for the fourth quarter… In results last week, Amazon predicted revenue forecasts of $112 billion to $121 billion for the period ending in December. Wall Street is looking for revenue of aroundContinue reading “#BigTech / Amazon, Apple On Track To Rake In $100B In Q4”

#BigTech / Big Tech Earnings Cement Digital-First Economic Shift

… the Big Tech companies that reported earnings over the last several days — Alphabet (Google’s parent), Amazon, Facebook, Twitter among them — showed that eCommerce, and the ads that keep eCommerce top of mind for consumers… And, the card companies show that, at least for now, the consumer wants to spend. At a highContinue reading “#BigTech / Big Tech Earnings Cement Digital-First Economic Shift”

#BigTech / Ant Group unveils blockchain-based copyright protection network

Utilising the group’s AntChain network, the digital copyright platform enables content creators to authenticate and verify a variety of original works, from music scores to videos, images, and articles and essays. When a creator uploads his or her work onto the platform, the platform will first verify whether the content is the only one thatContinue reading “#BigTech / Ant Group unveils blockchain-based copyright protection network”

#BigTech / Facebook’s WhatsApp Enables In-Chat Purchases

Facebook-owned WhatsApp is introducing new services that will enable business users to sell directly on the platform within chats… WhatsApp will also offer hosting services and other tools to make it easy for businesses to sell and users to shop. [WhatsApp:] “More than 175 million people every day message a WhatsApp business account. Our researchContinue reading “#BigTech / Facebook’s WhatsApp Enables In-Chat Purchases”

#BigTech #OmniCommerce / Is YouTube The Next Amazon? Google Hopes So

Google is experimenting with new features to drive online shopping dollars to YouTube and is encouraging some creators there to tag and track any products used in their videos. Features are being trialed with some creators, and the move is an “experiment” … The resulting data will then be linked to Google’s analytics and shoppingContinue reading “#BigTech #OmniCommerce / Is YouTube The Next Amazon? Google Hopes So”

#BigTech #eCommerce / Amazon Explore Debuts Virtual Tours, Shopping Experiences

Amazon is launching a new feature called Amazon Explore for virtual tours of real places one can take without leaving the house, according to a post on the company’s website. The eCommerce giant said in the post that Amazon Explore works by connecting a user one-on-one with a host, allowing the host to take theContinue reading “#BigTech #eCommerce / Amazon Explore Debuts Virtual Tours, Shopping Experiences”

#BigTech #PayTech / Samsung Pay taps Solarisbank to connect with any German bank account

Samsung has joined forces with Visa and Solarisbank to enable Germans to link an account with almost any bank to its contactless mobile payments service. In a European first, people who register for Samsung Pay will receive a virtual Visa debit card which they can link to “almost any” German bank account. Solarisbank is providingContinue reading “#BigTech #PayTech / Samsung Pay taps Solarisbank to connect with any German bank account”