SoFi, the biggest online lender in the US, has taken a big step in its attempt to build a retail banking empire by buying Zenbanx, another “fintech” challenger that offers bank accounts, money transfers and debit cards. Anthony Duffy, Director Retail Banking, Fujitsu comments “SoFi’s acquisition of Zenbanx is a further sign of the rapid change underway in the financial services industry. On-line lending, challenger banks and the potential of fintech have been topics of interest for some time now, as they offer the potential to bring new ideas, technologies and services to the industry. This is a good thing.” You can read more here.