|
Yjlw Amazon s B2B Side Sees Holiday Bump
Retail banking, indeed.News this weekend that Walmart had poached two executives from Goldman to join the commerce giants FinTech efforts shines a spotlight on the allure and challenges of developing super apps 鈥?and especially of adding banking into the mix.Might the moves usher in a new version of retail banking 鈥?where everything from deposits to mortgage applications to investing is available to the consumer, while conceivably browsing the aisles at the big-box retailer In further evidence of what may lie in store, and as reported, Walmart has added Goldman executives Omer Ismail and David Stark to its ranks.As noted in this space late last month, Ismail had formally taken on the control of the consumer bank at the start of 2021, and had been playing a major role with crafting the strategy for Goldmans own digital, main street banking efforts through Marcus.聽 Stark had been working with Goldman on its credit card efforts with Apple.Now, two defections do not a deluge stanley cup make. And it would be premature to read into the news that Goldmans digital banking efforts are faltering, spurring those two execs to jump ship. In fact, in the latest quarterly earnings release, Goldman said in January that Marcus deposits聽stood stanley mugs at $97 billion at the end of the year. The company is targeting $125 billion in deposits by the end of 2024, and loans tied to its cards are being targeted at $20 billion within the same timeframe.With a nod toward the competitive land stanley cup scape and to FinTechs, CE Tghd Former NSA Head: Pandemic Increases Cyber Threats For Companies
American International Group AIG is jumping into the era of digital security 鈥?by offering its customers products that will theoretically guard them against some of the worst outcomes of having their data or information hacked.Called Family CyberEdge, the product includes optional features like legal services and PR clean-up. The new program also offers at-home assessments of family electronic devices. Wealthy, high-profile individuals have increasingly bec stanley deutschland ome hacker targets, said Jerry Hourihan, president of AIG Private Client Group stanley cup for the United States and Canada. They are more exposed than they ever have been, Hourihan said in an interview, noting the amount of data consumers regularly share about themselves in personal media and in apps.And hackers are clearly in the market for so much low-hanging fruit 鈥?a lesson the world has learned quickly and expensively over the last few months. Governmental privacy protections are likely diminishing soon: Congress last week voted to allow internet service providers like Verizon Communications Inc. and ATT to sell consumers search data. Wheneve stanley cup r you see a lot of news about something that is a risk, you usually see insurance companies trying to jump on that, said Robert Hunter, director of insurance for the Consumer Federation of America. |
|