Modernising banking: Meet the AWS webinar speakers
There’s still time to register for ‘How to modernise transaction banking and payments through AWS Marketplace’, a webinar event taking place on 22 June 2021 at 10am BST.
Scheduled for discussion are the following topics:
- Leveraging automation tech and data to drive business growth
- Meeting compliance mandates and creating better standards for governance and security
- How to utilise AWS Marketplace’s third-party solutions to meet customer expectations, even as they continually change
Breaking down each point and providing real-world examples of success will be two speakers: Esther F. Mendez, Worldwide Banking and Payments Partner Development Lead at AWS; and Angelos Anastasiou, Chief Solutions Architect, Transaction Banking at Goldman Sachs.
Mendez is responsible for AWS’ strategy, solution development, and go-to-market, which she coordinates with fintechs, consultancies, and other companies around the world. Previously an executive at JP Morgan, Marsh, and Cisco, Mendez has 30 years of strategy, business development, and product and marketing experience within finance.
Anastasiou is a long-term Goldman Sachs employee; he has been with the company for over 15 years. In his present role, he works closely with various stakeholders across transaction banking design and architecture, as well as payment solutions.
The AWS webinar is a week away. Have you signed up yet? Register here.
Image source: AWS
Upgrade launch new credit card with bitcoin rewards
Upgrade, a fintech company focused on providing credit for mainstream consumers, has launched the Upgrade Bitcoin Rewards Card a new version of its Upgrade Card featuring bitcoin rewards. Under the new programme, users earn unlimited 1.5% bitcoin rewards on every purchase as they make payments.
The custody and trading platform for holding and selling bitcoin is provided by NYDIG and the card is a Visa Signature card, which includes benefits such as trip and baggage insurance, purchase protection, and extended warranty coverage.
The company offers credit lines from $500 to $25,000 with the Upgrade Bitcoin Rewards Card depending on your credit score. It works with Apple Pay and Google Pay. Like other Upgrade credit cards, there are no monthly fees, late fees, or returned payment fees.
"Upgrade Card is already delivering over $3 billion in annualised credit to consumers," said Renaud Laplanche, co-founder and CEO at Upgrade. "Starting today, anyone can apply for an Upgrade Bitcoin Rewards Card and enjoy the same affordable and responsible credit as with any Upgrade Card, plus the potential upside and fun of owning bitcoin."
Participating in the crypto economy
Upgrade isn’t the first company to announce a credit card with bitcoin rewards, but it’s the first one that is generally available. Anyone can apply with no waitlist, and start using their virtual card immediately until they get their physical card in the mail.
"Crypto rewards introduce cardholders to a new asset class that is increasingly part of a consumer's financial portfolio," said Terry Angelos, SVP and Global Head of Fintech at Visa. "Whether you're a crypto enthusiast or just getting started, programmes like the Upgrade Bitcoin Rewards Card offer an engaging and low-risk way to participate in the crypto economy."
At the moment, you can’t do much with your bitcoins. You can choose to hold them or sell them. There’s no way to transfer your bitcoins to another wallet for instance. If you choose to sell your rewards, there’s a 1.5% transaction fee.
This card is not currently available in all 50 states. Customers in Hawaii, Indiana, Iowa, Louisiana, Nebraska, Nevada, New Hampshire, North Carolina, Washington, West Virginia, Wisconsin, and the District of Columbia can’t order an Upgrade Bitcoin Rewards Card at the moment.