While bank M&A has been largely dominated by the fallout from one deal this year — the merger of BB&T and SunTrust Banks — the fintech space remains red hot. Three significant deals in the payments and financial service provider area have already been struck so far this year, while bank and venture capital interest…
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There has been considerable industry chatter and analysis since news broke that Apple and Goldman Sachs are teaming up to issue a credit card on the Mastercard network. A lot of thinking has centered on Apple Pay, mobile payments and how this card can stimulate Apple Pay volume and address Apple’s revenue decline given slowing…
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Banks and Apple Pay have not always had easy partnerships, but a hot market for co-branded cards gives Goldman Sachs a chance to advance its consumer ambitions and Apple an opportunity to offset slumps in device sales. As Apple picks up adoption among merchants and consumers, it is plotting a deeper dive into payments that…
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