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Barclays Eyes US Expansion

PYMNTS

In addition, sources say that Barclays is putting more capital behind its U.S. credit card operations. to stay relevant on a global scale,” said Magdalena Stoklosa, managing director and European head of Banks and Diversified Financials Research at Morgan Stanley. credit card business. credit card business.

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SoFi’s $500M Pickup (And The Big Expansion It’s Fueling)

PYMNTS

With that acquisition, SoFi also acquired Zenbanx’s partnership with Delaware-based WSFS Bank and access to the bank’s charter and banking license. SoFi, in recent years, has also expanded into asset management and life insurance. To open the month of February, SoFi announced it had acquired online banking startup Zenbanx.

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Finance in motion— $1B moved for $0.02

Lex Sokolin

Goldman Sachs entered and dominated personal digital lending, runs a neobank and roboadvisor, bought a large digital wealth footprint in United Capital, launched a credit card in partnership with Apple, and is now looking into cryptocurrency stablecoins ?—?something Do you think we will see another moment like this in our careers?

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Companies ‘Pivoting To Blockchain’ See Huge Stock Spikes — But Does The Hype Hold Up?

CB Insights

at open on Jan 9). “[Our initiative] will give cryptocurrency holders the opportunity to effortlessly use their value to make purchases every day, just as they would use a credit or debit card.” the day after the announcement (up from its price of $3.10 ” — Michael Orlando, NXT-ID COO & FitPay President.

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Sizzle/Fizzle: In Banking, Truth as Currency

PYMNTS

If you were in the market for a credit card or looking to sell a house, this past week was a good one, as rewards points on the former, and prices for the latter were both up. This comes in the face of JPMorgan slashing its own points offer on Sapphire cards. The future is hazy at best. Fizzle Of The Week: A Bad Run For Big Banks.

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Banking Is Only The Beginning: 30 Big Industries Blockchain Could Transform

CB Insights

Abra, another blockchain-enabled mobile wallet and payments startup, was recently integrated into the payments ecosystem of American Express: through a new feature , customers will be able to fund their Abra wallets using an eligible American Express Card. Supply chain management. Energy management . Sports management.