Goldman and GreenSky on building out the Marcus platform, and Zero Hash on the convergence of DeFi and TradFi – Tearsheet

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Now that Marcus by Goldman Sachs’ acquisition of GreenSky is complete, what’s next for the combined firm?

Goldman Sachs recently announced it had completed its acquisition of GreenSky, a pioneering BNPL lender in the home improvement space.

Tearsheet sat down with Swati Bhatia, Head of Consumer Proprietary Business at Marcus by Goldman Sachs, and David Zalik, Co-Founder & CEO of GreenSky, to talk about the acquisition and the combined firm’s plans going forward.

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‘Every financial firm will become a crypto firm’: Zero Hash co-founder Edward Woodford on the convergence of DeFi and TradFi

When Edward Woodford co-founded Zero Hash back in 2017, the crypto industry was fundamentally different than it is today.

Speaking at Tearsheet’s inaugural Bankchain Conference, he reflected on how the crypto landscape has evolved since then — how DeFi is starting to converge with TradFi, how consumer behavior is changing, and what role firms like Zero Hash are playing to facilitate these shifts.

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Just look at the charts

1. Pros and cons of different B2B payment methods

SourceDavid Jimenez Maireles

2. The pandemic boosted innovation in banks

SourceThe Financial Brand

Today’s stories

DeFi lender Celsius halts withdrawals 
Celsius has paused all customer withdrawals, swaps, and transfers, saying this action is necessary to stabilize liquidity and operations to preserve and protect assets (Decrypt)

American Express launches first crypto product
The Abra Crypto Card, developed in partnership with crypto wealth manager Abra, will transact in US dollars and offer crypto back on any purchase category or amount (Fortune)

JPMorgan aims to bring tokenized assets to DeFi
The firm wants to bring trillions of dollars of tokenized assets to DeFi for trading, borrowing and lending on the scale of institutional assets (CoinDesk)

1000 banks and credit unions go live with Zelle via Fiserv 
Nekoosa Port Edwards State Bank became the 1000th financial institution to use digital payments network Zelle via Fiserv (PYMNTS)

Is LatAm emerging as a global leader in fintech?
Latin America saw a massive bump in the global funding boom in 2021 — with so many people in the region being underbanked or unbanked and digital penetration finally taking off, fintech startups were among the largest recipients of that capital (TechCrunch)

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This news is republished from another source. You can check the original article here.

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