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Dive Brief: Walgreens plans to launch bank accounts that will be available to customers online and at 9,000 of its retail stores in the second half of 2021, the company announced Tuesday. The pharmacy chain said the Federal Deposit Insurance Corp.-insured accounts will be available through a partnership with MetaBank. The retailer said it will use payments technology company InComm Payments Banking-as-a-Service (BaaS) platform, while Mastercard will issue debit cards for the accounts. Walgreens said the agreement is part of its alternative profit strategy one element in a broader initiative to launch new financial products and services that offer differentiated services and benefits to its customers.

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