Amazon entering banking

Have you guys heard about Amazon looking at getting into banking?

https://www.google.com/amp/s/www.yahoo.com/amphtm…

I’m not sure how I feel about that right now. Obviously the retail side of banking is changing (fewer branches, fewer tellers, more ATMs), but a giant like Amazon entering banking could really change more than just how banking is performed, but it will change basic rates etc. as that’s what competition breeds. I’m interested to see where this goes.

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