savings accounts

Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
Today In Payments: Wirecard Says $2.1B Likely Didn’t Exist; Checkout.com Raises $150M On $5B Valuation
June 22, 2020  |  News

In today’s top news, Wirecard says the missing $2.1 billion from its Philippines accounts probably never existed, and checkout.com raised $150 million. Plus, U.S. consumers...

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Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
Goldman Sachs’ Marcus Pauses Adding Some UK Accounts To Avoid ‘Ring Fencing’ Rules
June 10, 2020  |  Banking

Goldman Sachs’ consumer digital bank Marcus is facing a nice problem to have (at least on the surface) in Britain. News emerged Wednesday (June 10)...

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Today In Payments: InsurTech Lemonade To Go Public; Affirm Unveils High-Yield Savings Account
Today In Payments: InsurTech Lemonade To Go Public; Affirm Unveils High-Yield Savings Account
June 09, 2020  |  News

In today’s top news, insurance tech startup Lemonade filed an IPO, and Affirm launched a high-yield savings account. Plus, retail dispute management firm Chargeback raised...

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Affirm Unveils High-Yield Savings Account
Affirm Unveils High-Yield Savings Account
June 08, 2020  |  Digital Banking

Affirm has debuted a high-yield savings account called Affirm Savings, according to an announcement. The alternate payment company said the offering is available through its...

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Goldman Beefs Up Marcus Savings Offerings
Goldman Beefs Up Marcus Savings Offerings
October 02, 2019  |  Banking

Saga, a financial company geared to individuals over 50, has teamed up with Goldman Sachs consumer bank Marcus to offer two new savings accounts. The...

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New Wealthfront Cash Accounts Bring In $1B Since Feb
New Wealthfront Cash Accounts Bring In $1B Since Feb
April 24, 2019  |  Banking

Wealthfront’s new cash accounts have brought in $1 billion in customer deposits since the company launched the offering in February. The accounts give customers a higher-than-average,...

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Marcus’ UK Success Has Bank Rivals Worried
Marcus’ UK Success Has Bank Rivals Worried
November 11, 2018  |  Digital Banking

Goldman Sachs is scaring competitors in the U.K. with its recently-launched savings account that gives savers a bigger return. Reuters, citing one of the U.K....

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Through Marcus, Goldman Taps UK Retail Banking/Savings Market
Through Marcus, Goldman Taps UK Retail Banking/Savings Market
September 26, 2018  |  Banking

Goldman Sachs Group has launched its consumer bank, Marcus, in the United Kingdom, the latest salvo of the company’s push into retail banking, this time...

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Canada’s Twist On The Digital Banking Model
Canada’s Twist On The Digital Banking Model
August 13, 2018  |  Digital Banking

Oh, Canada?  A good market to be in for FIs seeking to create digital only banks, if you get the rates right, the timing right...

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