Finance Everywhere, Member Exclusive

Goldman Sachs has big plans for TxB, its new banking-as-a-service platform

  • Goldman Sachs unveiled a new banking as a service platform targeting transaction banking clients.
  • Speaking at Tearsheet's Embedded Conference last week, head of engineering Luc Teboul described his company's new platform.
Rimal Farrukh | November 24, 2020
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Goldman Sachs has big plans for TxB, its new banking-as-a-service platform

Embedded finance enables any business to incorporate banking services and products. Goldman Sachs’ new transaction banking-as-a-service platform, TxB, offers enterprise clients banking services that they can embed into their products and software platforms. 

Goldman Sachs’ transaction banking APIs marry technology with banking services such as deposit payments, liquidity solutions, virtual accounts and escrow services. 

 

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