national average, the cuts could dampen consumer enthusiasm for opening an account with the digital bank. That's worsened by stiff competition from neobanks like Chime that offer high-yield savings accounts, PFM features, and low fees. A robust AI assistant with advanced money management features could draw in new sign-ups as well as drive engagement among existing Marcus accountholders — both of which could ultimately drive deposits.
In building its assistant, Goldman should zero in on the PFM capabilities that would be most valuable to consumers. BofA exemplifies a successful play at virtual assistant with Erica, which it has enhanced over time with capabilities like spending insights and the ability to respond to coronavirus-related inquiries — the assistant now counts
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
shaneraymartin there you go Mr. Fancy Pants. Another point for Marcus
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon will jump 28% in tied Street-high price target, Goldman Sachs says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Next: Goldman sell its entire AMZN position $4000 Tax that monster.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Goldman Sachs executives in Malaysia to discuss 1MDB: finance ministerSenior executives of Goldman Sachs Group Inc have flown in to Malaysia for talks with the government on the recovery of 1MDB assets, Malaysia's finance minister said on Monday. What business do they have being there? Didn't know Man United were involved 🥱
Source: Reuters - 🏆 2. / 97 Read more »
Disney reportedly slashes Facebook ad spend amid big-business boycott - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Not because they don’t like facebook, but because they’re cutting costs... Thank you Disney FB is crap you don't need and propaganda you don't want. Are they boycotting it just cutting budgets?
Source: BusinessInsider - 🏆 729. / 51 Read more »
6 ways to develop devoted customers and strengthen brand loyalty for your small business - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Omnicom-owned advertising and PR agency GMMB faces allegations about microaggressions - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »