While CEO David Solomon had grand plans, the entire move has proven to be an unmitigated disaster.The foray cost the company about $6 billion from 2020 through the first quarter of this year. So, the great unwinding continues.We learned yesterday that Barclays is the leading contender to take over the GM credit card business that Goldman acquired in 2020. One day, it will provide a rich case study for business school students.> GM in Talks to Move Credit-Card Business From Goldman to BarclaysDeal including roughly $2 billion of card balances could be struck by summer.> Overall U.S. customer satisfaction with BNPL grows: studyAs scrutiny of Buy Now Pay Later increases, so too do satisfaction scores among customers using the short-term financing mechanism structured like an installment loan.SoFi is the first publicly traded fintech to report earnings and it was a strong report with revenue, profit and member growth.The CEO and founder of Plink explains why even today banks are unable to fully utilize the card transaction data that existsListen NowHow to Maximize Conversions, Minimize Fraud at Account OpeningBoth banks and fintech want onboarding new customers to be secure, simple and fast. Make Europe: The ECB Warns That The IPhone Is Incompatible With Digital CurrencyIf you cannot store these keys in the SE, then you have go to some lengths to protect them inside the memory of the phone itself. USA: FedNow pricing aimed at avoiding market disruptionThe Federal Reserve sought to not upset the marketplace as a second mover when it set fees for the new instant payments system last year, a central bank official said Wednesday.