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AMAZON CHALLENGES BANKS IN BUSINESS LOAN MARKET

AMAZON CHALLENGES BANKS IN BUSINESS LOAN MARKET

It started with book publishing before moving to grocery retail, delivery, music streaming and television. The next industry Amazon has in its disruptive sights is banking. The Seattle-based behemoth has lent more than $1 billion to small businesses in the last year, according to a media statement. Amazon Lending offers short-term business loans to micro, [...]

The post AMAZON CHALLENGES BANKS IN BUSINESS LOAN MARKET appeared first on Payments Cards & Mobile.

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