News

Goldman Sachs has been trying to sell off the Apple Card business for several years now. Once again, there are now new ...
JPMorgan Chase is talking to Apple about taking over the tech giant’s credit card program, according to an exclusive report ...
A deal for JPMorgan to take over the Apple Card and its huge book of loans would further burnish the bank's reputation as a ...
New reports suggest that JPMorgan Chase might be the new issuer of the Apple Card as Goldman Sachs walks away from its ...
As someone who has an Apple Card and an Apple Savings Account, dealing with Goldman Sachs has been a headache. And as such, Apple may be cautious about continuing its dealings with Goldman Sachs. 1.
The Apple Card marked a significant expansion into consumer lending for both Apple and Goldman Sachs. "The execution was a mess," Chopra said in a news media call Wednesday.
The CFPB ordered Goldman Sachs to pay at least $19.8 million in redress and a $45 million civil monetary penalty, while Apple was ordered to pay a $25 million civil monetary penalty. It also ...
There was also just the fact that Goldman Sachs spent $350 for every new Apple Card user. In 2022, Goldman Sachs lost $1.2 billion, chiefly because of the Apple Card.
Goldman Sachs is considering exiting its partnership with Apple, the Wall Street Journal reported Friday. The iPhone-maker and Goldman Sachs started rolling out a virtual credit card in 2019.
Apple's relationship with Goldman Sachs led to the creation of the wildly successful Apple Card, but post-launch friction and a change in priorities has crashed the relationship into the rocks.
The Apple Card issued by Goldman Sachs and running on the Mastercard network rolled out in August 2019. By Sept. 30 of that year, Goldman had already lent out about $10 billion, and customers had ...