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JPMorgan Chase is in advanced talks to take over as the card’s issuer from Goldman, in what would be one of the biggest ...
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 ...
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.
JPMorgan Chase is in advanced talks to take over Apple's credit card program from Goldman Sachs , the Wall Street Journal ...
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.
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.
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.
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 ...
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 and Goldman Sachs are teaming up to launch a new consumer credit card. The move, expected to take place later this spring or early summer is their attempt to bolster waning sales in their ...
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