Amazon in Banking & Financials
Added: (Wed Mar 07 2018)
Pressbox (Press Release) -
Bain writes that Amazon's banking services could grow to more than 70 million U.S. consumer relationships over roughly five years, rivaling Wells Fargo.
Amazon could evade more than $250,000,000 in credit card interchange fees every year if it finds a bank willing to partner.
The Bain report finds one-quarter of those using voice assistants like Amazon's Alexa would consider using them for everyday banking.