Apple Ends Partnership with Goldman Sachs for Credit Card

1 min read
Source: CNBC
Apple Ends Partnership with Goldman Sachs for Credit Card
Photo: CNBC
TL;DR Summary

Apple has reportedly proposed ending its credit card and savings account partnership with Goldman Sachs within the next 12 to 15 months. This move would require Apple to find a new financial partner for its popular Apple Card and high-yield savings accounts. The partnership between Apple and Goldman Sachs has faced challenges, including regulatory scrutiny and alleged gender discrimination. Apple's credit card and savings accounts are important additions to its services business, and it remains unclear if Apple has found a new partner or if it will make significant changes to its financial products.

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