Goldman Sachs will work with Marqeta to deliver cards for its first ever digital current account.
In Brief:
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The current account will be part of its Marcus offering.
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Goldman Sachs is releasing a series of new features for Marcus in the coming months.
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It will grow from a savings and lending account to a retail banking provider.
What does this mean?
The bank has stated that the revamped Marcus product will provide a significant part of its growing consumer-facing product suite.
The choice of Marqeta, it says, will bring a more personalised and “feature rich” banking experience for consumers.