Two large and important credit card issuers, American Express (NYSE: AXP) and Synchrony Financial (NYSE: SYF) , are apparently in the running to land one of the biggest co-branding deals on the scene: the Amazon (NASDAQ: AMZN) Visa -branded consumer credit card.
According to a Bloomberg report that cited "people with knowledge of the matter," the retailer is fielding offers to become the card's new issuer.
No details of the two apparent bids were provided.
For further details see:
Amazon Reportedly Fielding Credit Card Issuer Bids From American Express, Synchrony