consumer banking

Varo Bank Debuts Line of Credit as Consumers Remain Pinched
Varo Bank Debuts Line of Credit as Consumers Remain Pinched
March 26, 2024  |  Personal Finance

Varo Bank has introduced two new products aimed at helping Americans alleviate their financial pressures. The online bank on Tuesday (March 26) announced the launch of Varo Line...

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Hank Payments and FinWise Partner on Consumer Banking Solutions
Hank Payments and FinWise Partner on Consumer Banking Solutions
March 04, 2024  |  Partnerships

Hank Payments has partnered with FinWise Bank to enhance consumer financial services, including lending, savings and payments.  This collaboration brings together Hank Payments’ banking platform with FinWise’s...

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Goldman Sachs Doubles Down on Efforts to Attract Super-Rich
Goldman Sachs Doubles Down on Efforts to Attract Super-Rich
January 14, 2024  |  Banking

Goldman Sachs is reportedly increasing its efforts to court ultra-rich clientele. The banking giant has been more focused on lending to private wealth customers —...

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Goldman Sachs Plans to Shed GM Card
Goldman Sachs Plans to Shed GM Card
November 08, 2023  |  Credit Cards

Goldman Sachs is reportedly hoping to offload its General Motors (GM) credit card program. The move, as reported Tuesday (Nov. 7) by the Wall Street...

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Barclays Will Cut 3% of U.S. Consumer Banking Staff
Barclays Will Cut 3% of U.S. Consumer Banking Staff
October 25, 2023  |  Personnel

Barclays is shrinking its U.S. consumer banking division as it looks to lower costs.  “We recently streamlined and simplified our U.S. Consumer Bank operating model,...

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Goldman Sachs Sells GreenSky Platform and Loan Assets
Goldman Sachs Sells GreenSky Platform and Loan Assets
October 11, 2023  |  Fintech Investments

Goldman Sachs has announced the sale of its GreenSky platform and associated loan assets to a consortium of institutional investors led by global investment firm Sixth Street....

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Report: Goldman Sachs Nearing Sale of GreenSky Unit
Report: Goldman Sachs Nearing Sale of GreenSky Unit
September 20, 2023  |  Acquisitions

Goldman Sachs is reportedly in advanced talks with possible buyers for its FinTech lender GreenSky. As the Wall Street Journal (WSJ) reported Tuesday (Sept. 19),...

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Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
Nearly 70% of Consumers Prioritize Trust Over Convenience When Choosing a Bank
September 13, 2023  |  Banking

In the retail banking industry, convenience and trust are two pivotal elements that significantly influence customer satisfaction and the acquisition of new customers. In the...

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Goldman Reportedly Wants to Hand Off Apple Card to Amex
Goldman Reportedly Wants to Hand Off Apple Card to Amex
July 02, 2023  |  Apple

Goldman Sachs’ credit card partnership with Apple could be nearing an end. The banking giant is said to be in discussions with American Express to take over the...

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