News

If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.
The transition of the Apple Card from being financed by Goldman Sachs to JPMorgan Chase will probably cut out a smaller company, CoreCard, that currently handles the credit card.
New reports suggest that JPMorgan Chase might be the new issuer of the Apple Card as Goldman Sachs walks away from its ...
JPMorgan Chase is in advanced talks to take over as the card’s issuer from Goldman, in what would be one of the biggest ...
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 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 ...
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 ...
Goldman Sachs and Apple have worked together on the ‌Apple Card‌ since it launched in 2019, and have also teamed up for the high-yield Apple Savings account and the Apple Pay Later feature.
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.
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.
In January, Goldman Sachs revealed that it had lost over $1 billion on its Apple Card partnership since 2020. In February, however, the bank said it was still “committed” to the partnership ...