Amazon has vast potential to expand from the financial services field, but it’s unlikely to Construct a “Stand Alone” banking operation anytime soon, according to Goldman Sachs,
In a note published Tuesday, analysts at Goldman Sachs wrote that Amazon’s foundation of 100 million Prime clients and its enormous quantity of shopping information sets the business in a exceptional position to be a significant player in the finance area. At precisely the exact same time, consumers are showing that they will buy financial products from technology companies.
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