Will Chase replace Goldman Sachs as the Apple Card issuer? Analyzing the potential shift and what it means for credit card ...

JPMorgan Chase is in advanced talks to take over as the card’s issuer from Goldman, in what would be one of the biggest ...

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.

If the bank makes a play for the tech company's credit card portfolio, it may also make a broader bid for more business.

Goldman Sachs has been trying to sell off the Apple Card business for several years now. Once again, there are now new ...

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.

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.

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.

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 Apple Card issued by Goldman Sachs and running on the Mastercard network rolled out in August 2019. By Sept. 30 of that year, Goldman had already lent out about $10 billion, and customers had ...