The plan involves offering banking services to Walmart’s 1.6 million workers in the first year ahead of expanding to investments and loans. One’s banking is underpinned by charter-holding Coastal Community Bank, and while operating independently, is majority-owned by Walmart.
Estimated reading time: 0 minutes, 23 seconds
Walmart’s Fintech Plans to Take Major Step Forward with Beta Test: Report
Walmart-backed fintech One is ready to beta test its new service providing checking accounts to the retailer’s employees and some customers, according to individuals familiar with the plan. So reports Reuters.
Most Read
-
-
Apr 27 2019
-
Written by FinTech News Brief Staff
-
-
-
Sep 03 2020
-
Written by FinTech News Brief Staff
-
-
-
Jan 09 2019
-
Written by FinTech News Brief Staff
-
-
-
Sep 21 2018
-
Written by Jacob Roberts
-