Walgreens ventures into consumer banking with 'Scarlet' account

The offerings include a bank account and a pair of rewards cards, with the company saying this is just the beginning of its venture into financial services.

Walgreens and InComm Payments launched ‘Scarlet’, a bank account and debit card that can be opened digitally or via a card that can be purchased and activated right off an in-store display at one of Walgreen’s locations. Shortly before Scarlet launched, Walgreens and Synchrony introduced two credit cards, myRewards credit card and myWalgreens MasterCard.

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