article thumbnail

Walmart Makes Cash Cheap, Banks Balk At Bitcoin And Startups Struggle To Profit

PYMNTS

But off the trading floors, the news cycle carried its own pace as Walmart made cash cheaper to send, bitcoin and the blockchain got a series of thumbs down from bankers around the world and startups started feeling the burn. The Bank/Blockchain Break-Ups. JPMC is said to still be pursuing the blockchain in other venues.

Bitcoin 117
article thumbnail

Walmart Pushes Digital Innovation During Investor Day

PYMNTS

Doug McMillon started his presentation for Walmart’s annual investor meeting in Bentonville, Arkansas by saying he wanted to “challenge your thinking about Walmart.” ” “We are getting to reimagine retail and our business … expect us to test a lot and fail a lot,” he said. to $4.80, down from $4.90