Amazon in talks with banks to create checking account product

Amazon is reportedly in talks with banks including JPMorgan Chase and Capital One about creating a product similar to a checking account that its millions of customers could use.
People familiar with the matter told the Wall Street Journal that Amazon's talks with financial firms “are focused on creating a product that would appeal to younger customers and those without bank accounts.”
The Wall Street Journal said it is too early to tell what exactly the product will look like,