Goldman Sachs is Going Big on Lending
Last week Goldman Sachs launched a new product called GS Select. Before we get into the new product I think it’s important to discuss a little bit of the history of Goldman Sachs because a lot has...
View ArticleMarcus takes Center Stage at Goldman Sachs After One Year
Last week I was at the Digital Lending + Investing conference in New York. One of the most interesting sessions there, aside from the one I chaired of course, was a discussion with the leaders of...
View ArticleTwo Big Banks Set to Launch Their Own Online Lending Platforms
A little over a year ago Goldman Sachs launched their consumer lending platform Marcus as part of a digital strategy to move into the retail banking segment. They have since grown faster than any...
View ArticleIs Marcus Going to Launch a Credit Card?
Ainsley Harris reported in Fast Company today that Goldman Sachs is acquiring the employees who built Final, a credit card startup based in Oakland. Final offered a unique kind of credit card, one...
View ArticleGoldman Sachs Said to be Partnering With Apple on a New Credit Card
On stage last month at LendIt Fintech USA 2018 Omer Ismail, the Chief Commercial Officer for Marcus by Goldman Sachs, said that one of the new products his firm was looking at was credit cards. Not...
View ArticleGoldman Sachs Shares Their Vision for the Future of the Marcus Platform
I write a lot here on Lend Academy about Marcus by Goldman Sachs. The reason I do so is because they are such a great example of what is possible when a well funded incumbent gets serious about...
View ArticleDigital Open Banking – A Millennial’s View
One of the trends we’ve seen recently is the rapidly shifting digital banking landscape and the focus on serving the tech savvy millennial generation. My personal experiences navigating our current...
View ArticleHow Goldman Sachs Created Marcus To Be a Dominant Force in Consumer Banking
[Editor’s note: This article was written for our Chinese audience and will be translated into Mandarin and released with several other articles at the Lendit Fintech China conference in Shanghai in...
View ArticleMarcus Scaling Back Originations Plans for 2019
Source: Bloomberg There was an interesting article in Bloomberg yesterday on Marcus. Bloomberg cites sources claiming that Marcus will be scaling back on its origination goals for next year. Now, we...
View ArticleThe Superior User Experience of the New Apple Card
I just signed up for the Apple Card. I have been fascinated by this partnership between Apple and Goldman Sachs ever since we learned about it last year. So, when it went live earlier this month I...
View ArticleThe Ten Biggest News Stories of the Decade in Marketplace Lending
I started writing about marketplace lending back in 2010, so I have spent almost the entire decade immersed in this space. While we have expanded our coverage on Lend Academy today beyond marketplace...
View ArticleGoldman Sachs Hosts First Investor Day, Shares Plans for 2020 and Beyond
The long time secretive bank is now opening up on future plans in an effort to win over investors. Today, they held their first ever investor day and the bank was not shy about sharing their...
View ArticleNew Action Plans from the Leading Consumer Lenders
There is likely no one alive who has witnessed this level of economic disruption in this country in such a short time span. With potentially millions of people losing their jobs in the past two weeks...
View ArticleUpcoming Webinar: How Consumer Lenders Are Responding to the Crisis
One of the best ways to learn what is going on during the current crisis is to attend live virtual events. Real time information coming directly from the consumer lenders themselves can be invaluable...
View ArticleGoldman Sachs Said to be Partnering With Apple on a New Credit Card
On stage last month at LendIt Fintech USA 2018 Omer Ismail, the Chief Commercial Officer for Marcus by Goldman Sachs, said that one of the new products his firm was looking at was credit cards. Not...
View ArticleGoldman Sachs Shares Their Vision for the Future of the Marcus Platform
I write a lot here on Lend Academy about Marcus by Goldman Sachs. The reason I do so is because they are such a great example of what is possible when a well funded incumbent gets serious about...
View ArticleDigital Open Banking – A Millennial’s View
One of the trends we’ve seen recently is the rapidly shifting digital banking landscape and the focus on serving the tech savvy millennial generation. My personal experiences navigating our current...
View ArticleHow Goldman Sachs Created Marcus To Be a Dominant Force in Consumer Banking
[Editor’s note: This article was written for our Chinese audience and will be translated into Mandarin and released with several other articles at the Lendit Fintech China conference in Shanghai in...
View ArticleGoldman Sachs Launches MarcusPay Installment Loan Product
CNBC is reporting that Goldman Sachs has quietly launched a new point of sale installment loan product with JetBlue as their initial partner; called MarcusPay it allows for loans from $750 to $10,000...
View ArticleUpcoming Webinar: How Consumer Lenders Are Responding to the Crisis
One of the best ways to learn what is going on during the current crisis is to attend live virtual events. Real time information coming directly from the consumer lenders themselves can be invaluable...
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