Goldman Sachs Group Inc is looking to buy General Motors Co's credit card unit as it looks to double down on its consumer banking arm, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.Barclays is also among a small number of bidders for the automaker's credit card business, which has about $3 billion in outstanding balances, the report said, adding that a decision is expected in the next few weeks. Goldman currently has a much smaller presence in consumer banking, unlike larger peers such as JPMorgan Chase & Co and Citigroup Inc, and it is an area Chief Executive Officer David Solomon has been aggressively looking to strengthen.As part of its consumer push, Goldman has been offering personal loans and savings accounts through its online bank Marcus, which has grown quickly since its 2016 launch.Goldman launched a credit card with Apple Inc last year that is synched with iPhone users' Apple Wallet and can be used to buy Apple products at a … [Read more...] about Goldman Sachs, Barclays among bidders for GM’s credit card business: WSJ
Paying employees credit card tips
Because the data is transmitted through radio waves, your credit cards are always sending off a weak signal while waiting for a terminal (cash register, etc.). It’s possible for someone you don’t know to use an RFID reader to scan the signal coming from your card and get your information while it’s still inside your pocket. The easiest way to prevent this from happening is to keep your cards in a wallet designed to block RFID waves. … [Read more...] about 4 Wallets That Can Help Protect Your Credit Cards From Getting Hacked
What these people ignore is that credit cards no doubt provide a line of credit that can come in handy in emergencies. But when the interest-free period is over in a few weeks, the money has to be paid back eventually. That too in full to avoid exorbitant interest rates (up to 40 per cent). And if a person then has no buffer or emergency fund, then how will he suddenly find the money to clear off those credit card dues that were taken for handling emergencies? … [Read more...] about When layoffs and pay cuts abound, how large should your emergency fund be?
What is the impact, do wives benefit and other questions about SC ruling giving daughters equal rights over their father’s property answered Ideas For Profit | Adani Ports Q1 Review: Should you invest? Interview | There are a few pockets of exuberance, but no general bubble at this juncture: Raamdeo Agrawal … [Read more...] about Add me to Search: Google India’s new feature lets users create virtual visiting cards
You can sign up to Costa Coffee Club via the Costa website or by downloading the app through Google Play or the App Store. … [Read more...] about Costa Coffee fans angry they can’t use loyalty points to pay for Eat Out to Help Out orders