WalMart was the first retail giant to insist on rfid tags for all items in their stores.

Will they now go for cashless RFID banking ? Time will tell

It won't be long and we'll all be gone,

In Him,
Jim Goodrick

Wal-Mart National Bank, several articles :

"It's not a question of if Wal-Mart's going to be a bank, it's a question of when."
Could Wal-Mart in fact become a full fledged bank? To do so, it would have to overcome existing federal prohibitions against combining banking and commerce. The pertinent legislation was intended to keep big companies like Wal-Mart from squeezing competitors by denying them credit.
Another no-no would be moving losses from a retail company to a bank insured by, for example, the FDIC.

"There's no question, they want to have a nationwide financial-services network. If they do, there's no doubt in my mind they'll be able to do to community banks the same thing they've done to the local grocery store and the local hardware store and the local clothing store," says Ence
http://www.housingchoice.org/news%20stories/2005/02072005.htm

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It's a pretty big market and one that Wal-Mart has already started to tap. The retailer began offering money orders three years ago and has since added payroll check-cashing and money-transfer services. Today, the company's 3,066 stores and supercenters process about a million financial transactions a week
http://moneycentral.msn.com/content/Banking/Betterbanking/P109171.asp

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In April, the Federal Deposit Insurance Corp. will hold public hearings on Wal-Mart's application to create an industrial loan corporation in Utah. This limited banking charter would allow Wal-Mart to save processing fees on credit card, debit card and electronic transmissions, but would also allow it to take deposits and make loans
http://boston.bizjournals.com/boston/stories/2006/03/13/focus7.html

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 A group of lawmakers on Friday said an industrial bank owned by Wal-Mart (NYSE:WMT - News), the world's largest retailer, could threaten the stability of the U.S. financial system and drive community banks out of business.

"Wal-Mart's plan, to have its bank process hundreds of billions in transactions for its own stores, could threaten the stability of the nation's payments system," the lawmakers wrote.

"Given Wal-Mart's massive scope and international dealings, it is not possible to rule out a financial crisis within the company that could damage the bank and severely disrupt the flow of payments throughout the financial system."

The congressmen said the losses to the FDIC, which insures deposits at banks and thrift institutions, could be staggering if Wal-Mart begins to have financial troubles that bleed into its bank's business.

Wal-Mart is trying to open an industrial bank to handle electronic payment processing
http://biz.yahoo.com/rb/060310/financing_banking_walmart.html?.v=2