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Apple Card is a credit card created by Apple Inc. and issued by Goldman Sachs, designed primarily to be used with Apple Pay on an Apple device such as an iPhone, iPad, Apple Watch, or Mac. [ 1 ] [ 2 ] Apple Card is available only in the United States , with 12 million cardholders as of early 2024.
Apple and Goldman Sachs are being ordered by the Consumer Financial Protection Bureau to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and ...
The Apple card dragged down Goldman's return on equity by 75 to 100 basis points last year, but "that will improve in 2025 and 2026," he added. Goldman Sachs CEO says Apple card partnership may ...
Apple and Goldman Sachs must pay more than $89 million over failures ... Goldman Sachs maintains that "Apple Card is one of the most consumer-friendly credit cards that has ever been offered," a ...
Example of physical Apple Card, issued by Goldman Sachs Bank USA. In March 2019, Apple, Inc. announced that it would partner with Goldman Sachs to launch the Apple Card, the bank's first credit card offering. [115] The partnership opportunity had been turned down by other banks including Barclays, Citigroup, JPMorgan Chase and Synchrony Financial.
A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled transaction disputes of Apple Card customers. Apple failed to ...
Apple is in discussions with JPMorgan Chase for the bank to take over the tech giant’s flagship credit card program from Goldman Sachs, a person with knowledge of the negotiations said.
Apple is reportedly seeking to end its partnership with Goldman Sachs, which would terminate its Apple card joint venture, as well as its savings account, according to multiple reports. The tech ...