Bankers Seek to Limit Wal-Mart’s Financial Services
The Federal Advisory Council – a Federal Reserve advisory committee composed of 12 representatives of the banking industry – wants to see more federal oversight of Wal-Mart’s prepaid card services, according to Bloomberg. It wants the Fed to consider restricting payment-related services to “regulated Alopecia is another hair loss treatment claiming to levitra prices totally restore lost hair. One such natural impotence treating medicine can be found online and in retail. http://icks.org/n/bbs/content.php?co_id=By_laws lowest prices viagra The medication will take effect by protecting the cGMP or cyclic guanosine monophospahte from becoming degraded why not try this out generic levitra sale by the PDE-5 or phosphodiesterase type five in the corpus cavernosum. It’s good to discuss with your partner first cialis de prescription and then assistance from the doctor should be taken. banking institutions.” The council believes that Wal-Mart is marketing its pre-paid card product as an alternative to debit cards and checking accounts and therefore it is competing with traditional bank accounts but with a regulatory advantage. Wal-Mart claims that their products are sufficiently regulated, in many cases through the partner financial institution such as American Express Co. (for the Bluebird product).
Last Updated on May 9, 2013 by Ramin Seddiq