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JPMorgan Chase is reportedly nearing a deal to take over the Apple Card, signaling a potential shake-up in one of Silicon ...
If this acquisition is successful, JPMorgan will thoroughly solidify its lead in the US credit card market while also gaining ...
The transition of the Apple Card from being financed by Goldman Sachs to JPMorgan Chase will probably cut out a smaller ...
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JPMorgan Chase is nearing a deal to replace Goldman Sachs as Apple Card issuer, sources say
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 ...
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.
Apple Card sign up offers used to be quite rare, but they’ve become quite regular occurrences. I’ve reported on ...
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 ...
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.
Goldman Sachs may be looking to end its partnership with Apple, The Wall Street Journal reported. It started offering an Apple-branded credit card in 2019 and more products since then.
Goldman Sachs is Apple's partner on the Apple Card, the Apple Savings account that is open to Apple Card users, and Apple Pay Later, Apple's buy now, pay later service that is being beta tested.
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 ...
The immediate reaction to the Apple-Goldman Sachs news was a 15% drop in Affirm’s stock price. If that seems like a fast response on Wall Street’s part, guess again.
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