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A comment on Why Banks Are Suddenly Closing Down Customer Accounts. Parent comment

Re:Why Banks Are Suddenly Closing Down Customer Accounts by eru on Sunday November 05, 2023 @11:16PM (#38158786)
> What's another institution that has offices everywhere, ships things every day, [...]

Walmart or 7-11 or so? Jokes aside, giving banking licenses to retailers might be a sensible thing to do. (Or removing the whole system of banks requiring licenses altogether would be even better.)

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by landemva on Monday November 06, 2023 @02:23AM (#38159736)
Walmart does have banking.

https://www.consumerreports.org/banks/is-banking-at-walmart-...

"At its more than 4,600 in-store MoneyCenters, as well as online, millions of customers have access to basic, low-cost banking services, including the ability to withdraw cash, make deposits, and pay bills."

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Re:Why Banks Are Suddenly Closing Down Customer Accounts by eru on Monday November 06, 2023 @08:05PM (#38171710)
Thanks. The last I heard of it was that the banks were still lobbying against giving Walmart the license.
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