Card Issuers Continue to Seek Partnerships with Fintechs

NEW YORK—Major card issuers are continuing to seek fintech partnerships to grow their business.

The latest to make a move:  Goldman Sachs, which has expressed interest in buying a payments-technology firm to further build out its credit card capabilities, according to the Wall Street Journal, which cited people familiar with the matter. 

The Journal reported that Goldman executives had discussed acquiring Deserve, a fintech credit card platform that the bank already has close ties to.

Goldman executives also sounded out another fintech credit card platform called Cardless and a payments company called CoreCard, The Journal said.

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