The payment company announced the news that they were launching a cryptocurrency yesterday; it aims to be the digital version...
Business insider opened an account with Marcus to better understand the product; they report on why other financial institutions should...
In this week’s PeerIQ Industry Update they cover the recent remarks by Fed Chairman Powell who says the recovery will...
The Wall Street Journal reports that Goldman Sachs is planning to share more information about their different business units. The...
Goldman Sachs continues to expand into consumer lending and plans to offer home improvement loans this month; the loans are non-secured personal loans with interest rates lower than credit cards but higher than HELOCs; the company believes the quick financing time will be attractive compared to a HELOC. Source
According to the Wall Street Journal Goldman Sachs is going after yet another new line of business: corporate treasury services;...
Wall Street research firm Alliance Bernstein estimates the Apple Card could bring in about $1bn in annual revenue; this would...
GreenSky made headlines as the largest fintech IPO of the year in 2018. It was all downhill from there...
Goldman CFO Marty Chavez said the bank surpassed $2bn in originations, a mark they were looking to reach by year’s end; the portfolio has an average APR of 12 percent, loans have an average length of four years and the typical amount if for $15,000 as reported by Business Insider; the company estimates they will reach $13bn in lending after three years in operation. Source.
CNBC is reporting that Goldman Sachs has quietly launched a new point of sale installment loan product with JetBlue as...