FDIC Eases Way for Amazon, Facebook to Become Lenders 1490wosh.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from 1490wosh.com Daily Mail and Mail on Sunday newspapers.
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.
Top 5 most profitable global companies in 2020 nairametrics.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nairametrics.com Daily Mail and Mail on Sunday newspapers.
Author Bio
Taylor Carmichael is a former attorney and filmmaker. He s the author of a line of murder mysteries, including Whodidit in the Supreme Court? and Whodidit With a Senator? The majority of what he knows about stocks he learned right here at the Motley Fool.
As we get ready to close the book on 2020, allow me to call out two sectors that will create enormous wealth for investors over the next decade.
The first is virtual currencies and digital wallets. Fintech is changing banking and payments forever and
Square (NYSE:SQ) is at the center of this revolution. It could eventually become the most valuable financial stock in the world.