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Goldman, Amazon Discuss SMB Lending Partnership

PYMNTS

Consumer loans are also processed through Goldman’s retail banking arm, Marcus. Loans were primarily issued to SMB merchants that sell on the site, and bank partnerships were leveraged in some foreign markets. Goldman is transitioning from trading and investment banking to a comprehensive financial services group.

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Deep Dive: Digital-First Banks Harness The Power Of Data Analytics

PYMNTS

billion by 2025, with banks of all sizes leveraging such capabilities. It is key to risk management functions, which entail assessing the likelihood that any given transaction could be fraudulent or present a credit risk. Bank of America (BoA) is one notable success story in the field of analytical risk assessment.

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Walmart Amazon Whole Paycheck Tracker: New Expansions, Partnerships And Reorganizations

PYMNTS

Things were a bit more active on the Amazon front, with a big infrastructure investment pushing its market cap back over the $1 trillion line, a new B2B financing partnership with Goldman Sachs potentially in the offing and its expanding stores and services menu. Market Cap Watch: Back to the Trillionaire Club With Logistic Investments.

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Affirm Gets $100 Million Lending Facility From Morgan Stanley

PYMNTS

On pace to more than triple its year-over-year loan volume, Affirm will leverage the facility to continue its expansion of consumer-friendly point-of-sale financing at leading online and offline retailers, the company said in a press release.

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Transcript: Kristen Bitterly Michell

Barry Ritholtz

She is Head of North America Investments for Citi Global Wealth, which is a giant wealth management arm of the giant Citibank. It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. BITTERLY MICHELL: … risk management.

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Transcript: Rick Rieder

Barry Ritholtz

He holds all sorts of fascinating titles in addition to chief investment officer for bonds. trillion in various investments. If you’re at all interested in a lecture school in investing or fixed income, or active and passive, this is just a masterclass as to how to do it right. He helps to oversee $2.5 RITHOLTZ: Really?

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Transcript: Armen Panossian

Barry Ritholtz

I found this to be just a masterclass in everything you need to know about distressed credit investing, private credit, the role of the economy, the fed interest rates, inflation, bottoms up, credit picking, and how to manage a firm and a fund in light of just massive dislocations in your space, as well as the overall economy.