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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 ...
If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.
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 ...
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.
Goldman Sachs has been trying to sell off the Apple Card business for several years now. Once again, there are now new ...
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 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'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 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.
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the Consumer Financial Protection Bureau said Wednesday.