It was recently reported that Amazon has quietly been dipping into the banking business over the past few years, to the tune of making some $3 billion in loans to small businesses that sell through its online platform. As Amazon has led the greatest amount of disruption in first book selling, then later retail sales, in the 21st century, in addition to its corporate Web services and movie streaming, this move should bring the notice of not only banking retailers but also banking regulators.
