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Goldman rethinking consumer unit’s online checking feature

online checking

Goldman has been straining to prepare a feature that would let users set up direct deposits and pay their bills online, but it's constrained by the accelerating losses on its online platform, Marcus.

Goldman Sachs Group Inc. is reconsidering how to launch a long-delayed product for the masses as senior executives wrestle with cost overruns.

For more than a year, the firm’s consumer-banking arm has strained to ready online checking accounts that will let users set up direct deposits and pay

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