Amazon tiptoes into banking with student loans

• Stepping into the student loan marketplace, Amazon (NASDAQ:AMZN) has entered into a partnership with Wells Fargo (NYSE:WFC), in which the bank will offer interest rate discounts to select "Prime Students."
• The offer, which will shave a half percentage point off WFC's student interest rates, will be accessible to Amazon shoppers who want loans to attend college and those who want to refinance existing loans.