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Three Companies Are Now in the Running to Take Over the Apple Card

MacRumors LogoMacRumors21h ago

Three Companies Are Now in the Running to Take Over the Apple Card - MacRumors

Quick Summary:

The report today added that Apple has also been holding discussions with Chase Bank owner JPMorgan since last year, so there are at least three potential companies in the running to take over the Apple Card from current partner Goldman Sachs.

In 2023, The Wall Street Journal reported that Goldman Sachs wanted out of the Apple Card partnership, but it has yet to part ways with Apple.Last year, the U.S.

Consumer Financial Protection Bureau fined Apple and Goldman Sachs nearly $90 million combined after finding the companies mishandled transaction disputes and misled iPhone users about interest-free payment options.


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Article Details

Author / Journalist: Joe Rossignol

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-16 @ 08:18:11 (21 hours ago)

News Timezone: GMT +8:00

News Source URL: macrumors.com

Language: English

Article Length: 1028 words

Reading Time: 6 minutes read

Sentences: 64 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © MacRumors

News ID: 25197564

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About MacRumors

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Main Topics: Technology

Official Website: macrumors.com

Update Frequency: 6 posts per day

Year Established: 2000

Headquarters: United States

News Last Updated: 17 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #119

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  • News ID: #25197564
  • URL: https://beamstart.com/news/three-companies-are-now-in-17370454539513

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