Goldman Sachs slowed originations for their personal loan product through Marcus after they launched the Apple Card; “The slowing pace...
I started writing about marketplace lending back in 2010, so I have spent almost the entire decade immersed in this...
I just signed up for the Apple Card. I have been fascinated by this partnership between Apple and Goldman Sachs...
U.S. Fintech ConnexPay Secures $7 Million Through Series A Funding Round Deep Dive: Small and local banks drive some of...
JPMorgan Chase announced plans to shut down their digital only bank less than two years after launching and now other...
Marcus is different than many fintechs who started off by offering an app-first experience; the bank has finally launched their...
We are like the hungry at the all-you-can-eat buffet. In the beginning, there is not enough! Let's democratize access to food; to music; to transportation; to healthcare; to finance; to payments; to banking; to lending; to investing. The billions in institutional capital across universities, pensions, and sovereigns are delegated to smart portfolio managers. The day before yesterday, it was allocated by small cap stock pickers (hi Warren!). Yesterday, it was the alternative managers of hedge funds and private equity. Today, it is the trading machine and the venture capitalist. Tomorrow, it is the cryptographic artificial intelligence.
While the Fed kept interest rates steady at their meeting this month both Marcus and Ally Financial have decided to...
We reported earlier this week on JPMorgan’s secret digital banking project underway in London; this news comes soon after the...
Goldman Sachs CEO David Solomon told a group of 200 Marcus employees that the company is not getting the credit...