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Austin Mayor Announces Cancellation Of SXSW Due To Coronavirus

PYMNTS

The annual music and culture festival SXSW in Austin, Texas has been canceled due to fears over the spreading of the coronavirus , according to a report by Dallas News. As recently as Wednesday, Austin Public Health stated that ‘there’s no evidence that closing SXSW or any other gatherings will make the community safer.’

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Austin Is Bringing The FinTech Heat

PYMNTS

Though Austin may fall in the shadows of bigger U.S. Nate Stewart, Group Product Manager for BigCommerce , an eCommerce platform with deep roots in Austin, provided a glimpse into what really helps Austin stand apart and why startups can’t help but flock to the city. Tech jobs account for 11 percent of total Austin employment.

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Amazon Accepting Cash Payments At Oxxo Stores

PYMNTS

The service, which is called Amazon Cash, allows Amazon customers in Mexico to deposit between 100 and 5,000 pesos ($5 through $260) per online transaction, with a daily limit of 10,000 pesos. In other Amazon news , the company announced on March 28 that it is expanding its Austin Tech Hub and will be creating 800 new tech jobs.

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XOR Data Exchange Releases Fraud Prevention Tool For Online Retailers

PYMNTS

Online retailers just got a new tool in the fight against identity theft and fraud. XOR Data Exchange , Austin-based data and analytics startup, just recently introduced a new resource for online retailers to fight the account takeovers as the number data breaches that include account login credentials grows.

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Could You Live Your Life on Bitcoin? [Video]

Bank Innovation

The couple — Becky and Austin, whose experiment with the cryptocurrency is documented in the film Life on Bitcoin, released yesterday by entertainment […]. Buying a tank of gas with bitcoin…uh. That’s more of a challenge, according to this Utah County couple who tried paying for life’s necessities only in bitcoin.

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With Geezeo Partnership, Malauzai Adds PFM

Bank Innovation

Austin, Texas-based Malauzai‘s online and mobile platforms will now include personal financial management tools. This means that before you pay that bill with a snap of your smartphone camera, you can check what other bills are coming due this week, and how much this will cut into your planned trip Read More.

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Amazon Is Building A Traditional Supermarket In LA

PYMNTS

Those consist of Amazon Books, Amazon 4-Star (online goods in brick-and-mortar stores), Whole Foods Market and Amazon Go. Austin residents officially went online with Amazon Fresh this week, meaning Amazon Prime members can get free two-hour grocery delivery on orders of $35 or more and one-hour delivery for $4.99.