Amazon Checking’s implications for future of financial services

  Image Source: Article

Image Source: Article

Reports that Amazon is looking to develop new checking accounts, with a specific target on underserved customers and millennials, is unsurprising.

Those still in denial that Amazon wants to expand—and the key word is expand, as it already offers financial services—can no longer deny the trend that large data players and tech titans want to win over the hearts, minds, and deposits of consumers and small businesses.

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