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FDIC eases path for Amazon and Facebook to become lenders

FDIC eases path for Amazon and Facebook to become lenders
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Could Amazon start a bank? - Chicago Tribune

Could Amazon start a bank? - Chicago Tribune
chicagotribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagotribune.com Daily Mail and Mail on Sunday newspapers.

FDIC Eases Way for Amazon, Facebook to Become Lenders

FDIC Eases Way for Amazon, Facebook to Become Lenders
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FDIC eases path for Amazon and Facebook to become lenders

FDIC eases path for Amazon and Facebook to become lenders Jesse Hamilton, Bloomberg News The logo for Amazon.com Inc. is displayed on an Apple Inc. iPhone in an arranged photograph taken in the Brooklyn borough of New York, U.S., on Friday, April 10, 2020. Across the country, millions of consumers are turning to Amazon.com and other services to fill their fridges via online delivery rather than brave going to a supermarket because of shelter-in-place declarations during the coronavirus pandemic. Photographer: Gabby Jones/Bloomberg , Bloomberg Amazon.com, Facebook Inc., Walmart Inc. and other corporate giants may soon give Wall Street a run for its money as a key U.S. regulator smooths the path for nonbanks to get into lending.

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