Walgreens: Expands Financial Services Business Strategy

  • Walgreens included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc.
  • Launch co-branded Mastercard credit and prepaid debit cards, offering my Walgreens cash rewards
  • Walgreens and MasterCard also explore further healthcare-oriented services and payment offerings
  • The credit cards closely connect with Walgreens new customer loyalty program, my Walgreens launched in November 2020
  • The new cards the first in a range of new financial products and services planned by Walgreens, to continue its health and well-being focus
  • Walgreens plans to explore a number of Mastercard solutions across the payments technology ecosystem
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Jump Raises $80M to Boost AI Operating System for Financial Advisors

The funding aims to enhance AI-driven solutions for wealth management professionals.Highlights: Jump raises $80 million in Series B...

Figure Technology Data Breach Affects Nearly 1 Million Accounts

Customers urged to monitor their accounts after significant data exposure.Highlights: Figure Technology experiences a major data breach.Approximately 1...

Visa Strengthens Presence with Acquisition of Prisma Medios de Pago

Visa enhances its Latin American footprint by acquiring Prisma and NewPay.Highlights: Visa acquires Prisma Medios de Pago and...

Bank of Ireland UK Fined $3.7 Million for Delayed Anti-Fraud Tool Implementation

Regulator penalizes the bank for missing critical compliance deadlines.Highlights: Bank of Ireland UK fined $3.7 million by PRA.Penalty...