Fintech Radar
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Goldman Sachs execs ask for patience on digital brand Marcus
During the firm's conference call, Chairman and CEO David Solomon attempted to reassure investors about the costs of Marcus, declining to say when the investment bank might break even on the initiative.
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Supreme Court yet to decide if it will take CFPB case
A list of upcoming cases published by the high court did not include a challenge to the bureau's constitutionality, but the justices could still decide to review it at a later date.
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High-cost lenders already seeking ways around crackdown in California
A law signed last week by Democratic Gov. Gavin Newsom caps interest rates on installment loans. But three large lenders are looking to avoid its restrictions by partnering with banks.
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Wells Fargo takes $1.6 billion legal charge, dragging down 3Q earnings
Investors got a reminder that the bank isn’t past its problems even as it seeks a fresh start under a new leader.
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BBVA partners with fertility company for online health care loan
The bank is providing a point-of-sale loan to women seeking IVF treatments and getting funds to clinics, in some cases, within 24 hours.
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Stop marketing to women and start designing for them
Companies are turning off prospective customers and employees with misguided approaches.
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Citi's 3Q profit aided by growth in card revenue
Better-than expected trading results also helped to boost net income.
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India’s fintech Paytm in talks with T Rowe Price for $1 billion funding round
Existing investors SoftBank and Ant Financial are also expected to participate.