Monday, March 5, 2018

Amazon may offer checking accounts soon


Amazon is reportedly in talks with several big banks concerning plans to offer checking account-like products to its customers. According to  The Wall Street Journal the company is looking to cooperate with established banking giants, such as JP Morgan Chase or Capital One, to create a banking solution aimed at millennials and people without bank accounts. There isn’t much information at this time, and sources familiar with the matter told The Wall Street Journal that “the effort is still in its early stages and may not come to fruition.” But, this one looks like a no-brainer for Amazon. Cutting out middle-men…

This story continues at The Next Web

Or just read more coverage about: Amazon

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