If successful, the effort could place Amazon's services at the financial heart of American households: their cash flow.
On Monday, the Wall Street Journal claimed Amazon is working with banks including JPMorgan Chase to create a "checking-account-like product the e-commerce giant could offer its customers". Citing people familiar with the matter, the report indicated that Amazon's target is younger consumers and people without existing bank accounts. The WSJ also noted that Amazon is actually quite cozy with both JPMorgan and Capital One.
Neymar successfully undergoes foot operation
The 26-year-old Paris Saint-Germain and Brazil forward was injured on February 25 in a Ligue 1 game against Marseille. Neymar will definitely miss PSG's make-or-break Champions League last 16 second leg against Real Madrid next Tuesday.
It's no secret Amazon wants to keep shoppers on their platform. Among the companies Amazon officials are speaking with is JP Morgan Chase & Co., according to the newspaper.
But Amazon-branded checking would let customers seamless pay for everything they already get from the site. The move could reduce or eliminate Amazon's current need to pay banking partners and payment processors to handle transactions.
The report helps answer one of the most often-asked questions on Wall Street: When's Amazon going to show up?
South Korea to send special envoys to North on Monday
Jim Inhofe told Roll Call that South Korea has "gotten soft" and isn't taking North Korean dictator Kim Jong Un seriously enough. It's unclear how that would work since the North has insisted its nuclear weapons program is not up for negotiation.
Amazon is now growing its presence in traditional, brick-and-mortar retail with its own stores and last year's acquisition of Whole Foods.
To be clear, this does not mean the retailer will be opening up their own bank.
China warns Trump if its interests are harmed
Trump has shrugged off the threat, boasting on Friday that "trade wars are good, and easy to win". National Economic Council; and United States Trade Representative Robert Lighthizer.