If you follow financial services, you’re likely aware of Walmart’s longstanding ambition to become a bank. The retail giant applied for a license almost two decades ago — only to pull it after the banking industry objected loudly, saying Walmart would have an unfair advantage because of its massive customer base.
We’re now seeing that Walmart WMT has been working on something bigger — and they’re not alone. This time, the company is building its financial services presence alongside Amazon.com AMZN and Apple AAPL, both engaged…
This post was originally published on Market Watch
