Amazon reportedly wants to create checking accounts for teens

Amazon is in early discussions with banks including JPMorgan Chase & Co. and Capital One Financial Corp. to create something akin to checking accounts that will be aimed at teenagers, according to sources who spoke to Bloomberg.
While Amazon has been able to successfully market to millennials and older groups, those who are 18–24 have been elusive because they lack debit cards, tend to not have bank accounts, and choose to purchase items at physical stores, according to Bloomberg.
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