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Amazon might introduce its own branded checking accounts
It turns out that healthcare may not be the only new sector that Amazon is venturing into. According to The Wall Street Journal, the online retail giant is in talks with J.P. Morgan to building a product similar to a checking account for Amazon's customer base. This new product would be aimed at younger shoppers and people who do not have bank accounts. It's important to note that Amazon wouldn't be operating as a bank; it would be working as a partner with existing financial firms. The project is in its very early stages, so it's not clear what form this will end up taking -- checking accounts, ATM access, etc. -- ... (full story)