Every Tech Company Wants to Be a Bank—Someday, At Least

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In the early 2000s, Walmart tried to start a bank. It was a well-trodden path; even rivals like Target had done it. And yet hackles were swiftly raised. States passed laws to ban would-be Walmart branches. Talks with regulators languished. Members of Congress drafted a bill that would ban retailers from banking. It was a […]

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