Amazon has the potential to upend a booming investment business, and it's keeping industry insiders up at night
Get the Full StoryDrew Angerer Getty ImagesAmazon is said to be in early talks with banks to launch a checking-account product.
That's breathing new life into the idea that the company could take on other areas of finance.
Amazon brings a few things to mind for most users. Today's deals. Gift cards. But could that soon include investments?
Amazon has shaken up industry after industry from bookselling to cloud computing to groceries. It's now reportedly in early talks with banks to launch a checking-account product. And that, as well as the threat of platform companies to big finance more generally, has some wondering whether the tech giant could go head-to-head with Wall Street.See the rest of the story at Business InsiderNOW WATCH: How the super-wealthy hide billions using tax havens and shell companiesSee Also:Amazon has the potential to upend a booming investment business, and it's keeping industry insiders up at nightGoldman Sachs is recruiting at least 6 people for the UK launch of its online lender MarcusHot investing startup Pagaya has landed a 20-year BlackRock veteran as chief investment officerSEE ALSO: 8 'Amazon-proof' businesses that are defying the retail apocalypse
Share: