Computerworld: 7-Eleven readies bank services

“This is 7-Eleven’s second effort focused on designing a financial kiosk for “third-shift workers and the underserved in financial services, such as immigrants, legal and illegal,” said Charles Lemos, an analyst at Deutsche Bank LLC in New York. He said 7-Eleven is a major provider of money orders, check-cashing services, money transfers and other financial transactions to the 20% of U.S. residents who don’t have bank accounts. According to the company, it sold $4 billion worth of money orders last year.”

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