Connected economy: AWS launches a health project

Today, in the connected economy, Amazon Web Services (AWS) is tackling healthcare inequities in the latest cycle of its AWS Healthcare Accelerator program. Additionally, e-commerce platform is linking its services with Shopify, and Stripe is launching new tools to help businesses simplify their operations.

Amazon Web Services launches a new healthcare cohort

AWS has rolled out the next AWS Healthcare Accelerator cohort, this time focused on health equity. It builds on other efforts, including the AWS Health Equity Initiative, a global commitment to support innovations in the space. Both programs are part of AWS for Health, an offering of AWS services and AWS Partner Network solutions to help organizations accelerate innovation and find more personalized approaches to therapeutic development and care.

Shopify merchants can now integrate subscription app into stores, which offers subscription management and recurring billing services, will couple its services with Shopify. The company’s new app integrates with Shopify and allows merchants to set up flexible subscription offers, with customizable billing and dynamic discounts. Brands can also offer mixed checkouts to allow customers to purchase a variety of subscription and single sale products in the same transaction.

Stripe apps provide a one-stop shop for users, allowing developers to expand their reach

Stripe, a financial infrastructure platform for businesses, launched Stripe Apps and Stripe App Marketplace, which provide a one-stop-shop for more than 50 payment-related apps. Stripe App Marketplace includes apps from DocuSign, Dropbox, Intercom, Mailchimp, Ramp, and Xero with apps coming soon. Meanwhile, Stripe Apps enables businesses to simplify operations and combine disjointed workflows.

Visa Cybersource Joins Spreedly Payment Program

Cybersource, a payment solution owned by Visa, has become a preferred partner of Spreedly’s payment orchestration platform’s payment service provider program. According to Spreedly, Preferred Partners work with the company to connect payment service partners, merchants and merchant aggregator customers. Through application programming interface (API) integration, Spreedly provides access to Cybersource products, such as fraud management, payment acceptance and security. This collaboration follows a long-standing partnership between the two organizations.

Nova Credit Partners with Alloy for Inclusive Business Lending

FinTech Nova Credit is working with the Identity Decision Platform Alloy to help lenders become more inclusive across the credit spectrum without increasing the risk of fraud. Nova Credit, based in San Francisco, helps credit-excluded customers access credit and enables financial institutions (FIs) to expand their potential customer base without risk.

BNPL Splitit extends its partnership with B2B payments platform BlueSnap

Buy Now, Pay Later (BNPL) Splitit expands partnership with BlueSnap payment orchestration platform, making BlueSnap Splitit the preferred processing partner. The company’s goal is to bring new visibility and distribution to Splitit using BlueSnap’s network of midsize and enterprise customers. BlueSnap’s services will support Splitit installment payment processing wherever BlueSnap operates. BlueSnap will also act as Splitit’s preferred remittance processing partner for all common and direct merchants.

Mercado Bitcoin, Stellar Team on CBDC Project

Latin American exchange Mercado Bitcoin has partnered with the Stellar Development Foundation (SDF) for the LIFT Challenge Real Digital, a collaborative environment hosted by the Central Bank of Brazil and the National Federation of Central Bank Server Associations. The project is exploring use cases of a central bank digital currency (CBDC) for the region and will likely launch in the second half of 2022, piloted for a select audience in its first phase.



On: Shoppers who have store cards use them for 87% of all eligible purchases – but that doesn’t mean retailers should start buy now, pay later (BNPL) options at checkout. The Truth About BNPL and Store Cards, a collaboration between PYMNTS and PayPal, surveys 2,161 consumers to find out why providing both BNPL and Store Cards is key to helping merchants maximize conversion.

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