Amazon Web Services

ISO 20022, Open Banking Will Transform Cross-Border Payments
ISO 20022, Open Banking Will Transform Cross-Border Payments
October 26, 2023  |  Cross-border Payments

Nilesh Dusane, global head of institutional payments at Amazon Web Services (AWS), told Karen Webster that there’s one common refrain among financial institutions (FIs) and...

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The Week in AI: Copilots, Unicorns and Calls for Oversight
The Week in AI: Copilots, Unicorns and Calls for Oversight
October 22, 2023  |  artificial intelligence

We are still in the first innings of generative artificial intelligence (AI). But the innovative and groundbreaking technology, which represents an entirely new computing paradigm,...

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IBM Expands Partnership With AWS to Boost Generative AI Solutions
IBM Expands Partnership With AWS to Boost Generative AI Solutions
October 18, 2023  |  Artificial Intelligence

IBM has announced an expansion of its collaboration with Amazon Web Services (AWS) to further advance the development of generative artificial intelligence (AI) tools. The partnership aims...

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AWS Launches Fully Managed Service for AI Applications
AWS Launches Fully Managed Service for AI Applications
September 28, 2023  |  artificial intelligence

Amazon Web Services (AWS) has launched the general availability of Amazon Bedrock, a fully managed service that provides access to foundation models from leading artificial intelligence (AI)...

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Amazon Boosts AI Focus With $4 Billion Anthropic Investment
Amazon Boosts AI Focus With $4 Billion Anthropic Investment
September 25, 2023  |  Amazon Investments

Amazon plans to invest up to $4 billion in artificial intelligence (AI) firm Anthropic. The investment, announced Monday (Sept. 25), is part of a larger...

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51% of Online Buyers Used Biometrics Instead of Passwords
51% of Online Buyers Used Biometrics Instead of Passwords
September 22, 2023  |  Biometrics

The convenience and security biometric authentication offers continue to gain prominence. Digital-first consumers increasingly use mobile devices to shop for everything from groceries to retail...

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Boosting Rewards and Limits Can Grow BNPL Usage
Boosting Rewards and Limits Can Grow BNPL Usage
September 05, 2023  |  BNPL

Paying for purchases in installments is a classic concept in retail, with legacy offerings such as Christmas layaway plans helping consumers manage their spending for...

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Amazon Acquires Fig to Deliver Tools and Services for Developers
Amazon Acquires Fig to Deliver Tools and Services for Developers
August 29, 2023  |  Amazon Acquisitions

Fig, a maker of an autocomplete tool for terminals used by developers, has been acquired by Amazon. The Fig team will join Amazon Web Services (AWS) and the...

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Social Media Shopping Blocked By a Lack of Trust 
Social Media Shopping Blocked By a Lack of Trust 
August 21, 2023  |  Retail

Shopping over social media seems to be the next frontier of eCommerce spend, with 43% of consumers (approximately 110 million individuals) browsing these platforms to...

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