Asset Management Asleep at the Wheel?
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Compared to other areas of finance — like banking, payments, and insurance — asset management has been slower to adopt technology-fueled transformations.
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Fintech News Stories
Goldman Finally Releases a Marcus App
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Marcus was rolled out in 2016 and was the gilded, venerable investment bank’s first foray into consumer financial services.
Read More200 Revolutionists in Fintech
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Who’s Who in Insurtech — some of the companies that have had big raises and generated considerable buzz this year
Read MoreApple Card Battles Bias Blasts
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These days, “big tech” is held in about as much esteem by the general public as lawyers, members of Congress, and the colleague who empties the coffee but doesn’t make a new pot. But one name that seemed to stay above the fray was Apple.
Read MoreGoldman Bets on “Card-As-A-Service” & Real Estate Tech Heats Up
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We saw some big deal-making this week. Here’s a roundup of a few.
Read MoreWhat’s Old Is New Again?
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There’s an old saying: Those who forget history are doomed to repeat it. Let’s hope some of the nation’s big banks aren’t making that mistake right now.
Read MoreMarketplace lending sobering needs more time.
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The ongoing rationalization of the marketplace lending space still has a way to go, says Ryan Gilbert of Propel Venture Partners, who notes that “too many princes have wanted to be kings, and they will not all be successful.” The fact that OnDeck and Lending Club posted upbeat Q2 earnings this past
Read MoreToo big to fintech? Hardly.
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Looking back, it’s hard to believe the skepticism in the online lending sector that greeted the arrival of Marcus, Goldman Sachs’ online retail lending arm. After a few growing pains, Marcus has hit its stride, benefiting greatly from a parental balance sheet that has no legacy credit card business or branch network to constrain lending.
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