Apple reportedly bails on Goldman Sachs as credit card partner
Posted on AllSides November 29th, 2023
From The Center
Apple is putting an end to its credit card partnership with Goldman Sachs, yet another blow in the investment bank’s ill-fated attempt to push into the consumer banking space. The Wall Street Journal reports Apple has proposed exiting the contract in the next 12 to 15 months, ending Goldman’s work on both the credit card and savings account. That comes just one year after the two companies extended the program through 2029. The Journal said it could presently not be learned whether Apple has partnered with another bank. Goldman CEO...
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