Amazon’s Saudi Arabia eCommerce Site Debuts
A conflict between Amazon CEO Jeff Bezos and Saudi Crown Prince Mohammed bin Salman didn’t derail the eCommerce giant’s launch of its new website in Saudi Arabia, Reuters reported. The website is a re-branding of Middle Eastern eCommerce site Souq.com, which was acquired by Amazon in 2017, PYMNTS reported. Last year, the company converted Souq’s website in the United Arab Emirates … Continue reading Amazon’s Saudi Arabia eCommerce Site Debuts Continue Reading
Pagaya, a U.S. and Israeli FinTech collaboration, announced a Series D funding round in which it raised $102 million, according to a press release, bringing the company’s issuances to over $1 billion in the past year and a half, the Pagaya said on its website. Participants in the round included Aflac Global Ventures, Poalim Capital Markets, Viola, … 
U.S. hospitals and doctors’ offices initially shut their doors for all but the most essential medical services early in the pandemic over fears of spreading COVID-19 to staffers or patients. But now a new problem is keeping patients away — an inability to pay following pandemic-related layoffs. Consider Texas patient Kristina Hartman, who told The New … 
The COVID-19 pandemic has bolstered mobile payments in India and primed them to overtake card payments in the not-too-distant, S&P Global Market Intelligence said this week in its 2020 India Mobile Payments Market Report. True, the pandemic has created a massive slowdown in the Indian economy, with a nationwide shutdown closing workplaces and hitting vast segments of … 
The digitization of healthcare didn’t suddenly start with the coronavirus, as telehealth providers have been popping up for several years. But CEO Murray Brozinsky of telehealth platform Conversa Health recently told PYMNTS that the pandemic has dramatically speeded things up. “This situation has really laid bare a lot of the issues that have been within the system for this … 
The pandemic is having monumental impacts on restaurants’ operations and interactions with potential diners, pushing to the forefront services that offer quick and seamless online ordering tools to reach customers stuck in their homes. It is also shedding light on just how digital the restaurant industry has become, showcasing the importance of online reviews and … 
The advance of digital payments in Latin America over the last two decades has been slow when measured against other parts of the globe. Visa’s Senior Vice President of Products and Innovation for Latin America and the Caribbean Ruben Salazar told Karen Webster in a recent digital discussion that the sluggishness is a reality created by the … 
A new service from FIS, Open Banking Hub, will allow customers to pay for items directly from their bank account, which has the benefit of never making them enter information through a third-party site, a press release says. The service will also allow customers to check their bank accounts during the process. Asif Ramji, chief growth … 
In the same grain as Aunt Jemima’s mission to completely rebrand in this culturally-sensitive time, rice brand Uncle Ben’s promises to overhaul its brand identity to help eradicate racial stereotypes and inequality across the globe. “We have a responsibility to help end racial injustices,” the company, owned by Mars, Incorporated, addressed in a statement. To ensure it’s on the … 
Lovers and dreamers of space can enjoy stunning images published by NASA because its photographers willingly give away their work to be viewed and used by the general public. Since NASA is a federal agency, its photos are automatically distributed in the public domain and vaguely credited as “Photo by NASA.” To bring recognition to …