Amazon wants to be your bank too?

Report Amazon Researching A Banking Product
Are You Ready for an Amazon-Branded Checking Account?
Author

06 March, 2018

It will also stream video series it owns to a TV stick it designed, commanded by a voice-recognition AI developed in-house, running on the cloud services it provides to hundreds of thousands of customers.

But at what point does Amazon go too far with controlling consumers lives?

The discussions are early enough, though, that it's still unclear whether an Amazon-branded checking account would ever launch, the report said.

That's probably because Amazon would apparently work with the big financial firms as opposed to trying to pull an end around on them.

Oosthuizen starts strong in Mexico
Spain's Rafael Cabrera-Bello and Kiradech Aphibarnrat of Thailand, at 5-under, sit just two off the lead heading into Friday. Hot on his heels are a trio of players getting their first taste of World Golf Championship play.

Administration: Jobs at risk as Toys 'R' Us fails to find buyer
Toys R Us administrator Simon Thomas said newer, smaller shops had outperformed the older, warehouse-style stores. Hedge funds are also betting against some retailers such as Debenhams and Pets At Home as the sector struggles.

Sen. Dianne Feinstein loses backing of California Democratic Party
Still, for all her difficulties, she has appeared to be in a dominant position leading into the June 5 primary with Mr.de León. Although she has been a politician for most of her adult life, Feinstein is also a crusader for Democratic Party causes.

"As a matter of practice, we don't comment on market rumor or speculation", a spokesperson from Capital One told The Post.

The Wall Street Journal said any potential collaboration is "in its early stages and may not come to fruition".

Before you sell all your bank stocks.

"Pricing is a concern: if banks are cut out of the primary customer relationship, can they set prices high enough to make a return?" The e-commerce giant has been looking for ways to expand Amazon Pay to brick-and-mortar stores, likely via Whole Foods. This includes buying up Whole Foods past year and recent plans to offer its own shipping service, which would reduce its need for United Parcel Service, Inc. The company announced in late January it was entering the health care insurance business in a partnership with JPMorgan Chase, and Warren Buffett's Berkshire Hathaway. It's completely possible that the company will shy away from the effort and nothing will happen, reports The Wall Street Journal.


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