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The negotiations between Amazon and big banks like JPMorgan Chase and Capital One to offer a checking-account-like product pose significant questions for regulators about the e-commerce giant pushing further into the banking space.
March 5 -
News that Amazon is courting banks to help it offer its own branded checking account raises major questions about which banks could be helped or hurt, who would control the relationship and how Amazon's partner(s) would make money.
March 5 -
As with most of the company's inventions, an Amazon checking account would more deeply embed customers into an Amazon ecosystem that provides an endless flow of data and efficiencies.
March 5 -
RecargaPay, an eight-year-old mobile payments platform targeting unbanked and underbanked consumers in Brazil, has secured $22 million in funding to reach more users and merchants.
March 5 -
Juniata Valley Financial used a combination of patience and guile to land a hard-to-get Pennsylvania bank after wooing it for more than a decade.
March 5 -
The Federal Reserve Board's vice chairman for supervision said certain definitions should be more consistent and clearer in order to give regulated entities a better understanding of what to expect when complying with the trading ban.
March 5 -
A recent lawsuit between the Detroit Pistons and Michigan First Credit Union could have some CUs reevaluating the benefits of sponsorship deals.
March 5 -
Ant Financial’s Alipay is working with the Canadian payments processor Motion Pay Technology to push Ant's geographic reach in North America.
March 5 -
Coinbase Inc., one of the largest U.S. cryptocurrency exchanges, is dialing up its expansion efforts by bringing in a prolific Silicon Valley dealmaker.
March 5 -
Because cash remains a staple for customers at many businesses, a service like Total Armored Car cash delivery continues to be important to managing cash flow. But how companies go about ordering a cash delivery at Total Armored hasn't changed in decades — until now.
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