losangelesnewstoday.com March 20, 2018

Amazon looks to offer its own version of a checking account

06 March 2018, 01:47 | Maryann Sutton

Amazon boss Jeff Bezos is reportedly eyeing the bank sector

Amazon Holds News Conference

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

With Amazon's host of customers and impressive market value, some have wondered whether the e-commerce giant would eventually seek to disrupt the banking system. The Seattle-based behemoth is apparently looking to collaborate with big institutions like J. P. Morgan Chase to offer checking accounts to customers.

Collaboration, not disruption: Amazon does not appear to want to compete against the banking industry's titans.

Capital One Financial is another firm that has pitched Amazon on a possible checking account product, according the Journal's sources.

Like Tripura, Bengal will also see change: BJP
The Congress is not expected win a single seat. "There is rampant corruption, nepotism and political violence in the state". The CPI (M)'s allies, like the CPI, are in favour of the broader unity of secular forces, including the Congress.

That makes sense. Banking is a highly regulated business.

The company is already the most dominant force in online retail - and arguably retail in general. This includes buying up Whole Foods previous year and recent plans to offer its own shipping service, which would reduce its need for United Parcel Service, Inc. And for those of you who still watch shows and movies on a TV set, you can use Amazon's Echo and Alexa as a remote control. It looks like this is a very limited move and they're partnering with JPMorgan.

Banks are also eager to partner with startup financial products, which often offer all the services of a bank without a traditional account. Scandal ridden Wells Farg is still one of Berkshire Hathaway's top holdings.

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