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Amazon Bank, Daily news, Issuing & Acquiring, Open Banking -

It has long been predicted that Amazon would eventually make a move into banking. In March, Payments Cards and Mobile reported that the online retailer was in talks with J.P. Morgan to offer current... more

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Amazon, Amazon Bank, Daily News, FinTech, Issuing & Acquiring, Open Banking -

For many years Jeff Bezos’ online shop has had almost every conceivable item in its range.  Now apparently, Amazon wants to expand and offer some kind of current account to its customers. The offering will be aimed at young people and other consumers who do not currently have their own account. However, according to a [...]

The post From bookstore to Bank – is it Amazon almighty? appeared first on Payments Cards & Mobile.

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Amazon, Amazon Bank, Daily News, E-Money, Issuing & Acquiring, Products -

Amazon is reported to be discussing a potential partnership to offer its customers bank accounts via JPMorgan Chase, in a deal that would marry America’s biggest e-commerce platform with the country’s biggest bank. The idea is to develop a checking account-like product, according to people familiar with the discussions, as it seeks to strengthen ties [...]

The post Amazon enters discussion with JPMorgan to offer bank accounts to users appeared first on Payments Cards & Mobile.

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