BOOM! "Amazon is rumoured to acquire Capital One bank" "Brian, Amazon is not really into payments" Yep...http://www.bankingtech.com/735552/amazon-looking-to-buy-capital-one/ …
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Replying to @BrianRoemmele
Article says; "AMZN is rumoured to be pondering the acquisition of Capital One." You left out PONDERING. Pretty big omission
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Replying to @rshevlin @BrianRoemmele
Not sure what value they'll get by acquiring a bank. Consumer data, etc. they can already get via Open APIs, etc.
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Gagan, great question. As interest rates rise value increases. Big ticket: cars-appliances-etc .5% profit—3%+ to finance.
6:23 AM - 17 Feb 2017
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