Pinwheel released a consumer finance survey that showed 75% of respondents wished consumer finance relied on more than just credit scores.
As more and more consumers continue to feel stress over their financial situation, a new advertising campaign by PurePoint Financial...
The WSJ reviews Goldman’s push into consumer finance; the company first started offering loans under the Marcus brand which is the new branding for their savings account; Goldman has higher aspirations though with more initiatives in point of sale, wealth management, budgeting tools, insurance, mortgages and car loans; the company is also working with Fortune 500 companies to offer bank accounts as an employee perk; beyond their internal efforts they have also been active in acquiring fintech companies. Source
“The COVID-19 pandemic has been defined by speed,” claims Acxiom Market Pulse, which attempts to reflect and analyze the changes...
Renaud Laplanche’s vision for a second generation lending platform seems to have struck a chord with borrowers and investors alike....
Goldman Sachs continues to show interest in consumer finance; CEO of Final, Aaron Frank announced that the startup would be closing in December 2017 but did not provide further details; a dozen engineers and product managers will be joining Goldman Sachs; Final was founded in 2014 and offered consumers a credit card; users were able to generate virtual cards unique to a merchant. Source