Now we have a battlke between challengers such as Revolut, N26, and incumbents GS and Barclays. Interesting times!
Barclays is launching a US current account that will put the British bank in competition with Goldman Sachs’ Marcus for customers who want the low costs of a digital-only bank and the security of dealing with a major financial institution. Barry Rodrigues, head of cards and payments at Barclays International, said the bank would “leverage Barclays’ UK knowledge and expertise” to create a current, or checking, account for its US online bank, which already offers credit cards, savings and loans to 13m customers.
https://www.businesstelegraph.co.uk/barclays-to-challenge-goldmans-marcus-in-us-retail-banking/
