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Apple discontinues Apple Pay Later program, looks to add new financial options under iOS 18

Financial tools always shift, and a loan is just another form of paying later. Apple on Monday announced plans to discontinue its Apple Pay Later program, which launched in October 2023. The program ended on Monday, though customers who have existing ‌Apple Pay‌ Later loans will be able to continue to pay them off and […]

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Apple and Goldman Sachs to dissolve Apple Card financial relationship in 12 to 15 months

Sometimes incredibly complex premium credit card banking and finance deals don’t work out in the long run. Per the Wall Street Journal, Apple will be ending its Apple Card credit card partnership with Goldman Sachs within the next 12 to 15 months. It’s unknown as to whether Apple has established a new partnership for the […]

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Rumor: Goldman Sachs may be looking to end Apple partnership, transfer financial responsibilities to American Express

Some financial partnerships aren’t made in heaven (even if there’s a promise of an alluring interest rate at the end for the bank underwriting a credit card). According to The Wall Street Journal, Goldman Sachs wants to pull out of its partnership with Apple. Goldman Sachs has historically teamed up with Apple to back the […]

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Apple offers 5 percent Daily Cash rewards to customers who sign up for an Apple Card between December 1st and December 25th

Sometimes there are some pretty good incentives at hand. Apple has announced that customers who open an Apple Card account between December 1 and December 25 are eligible for an increased 5 percent Daily Cash on Apple products purchased with the card between those dates at Apple Stores and on Apple.com. The following purchases made […]

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Apple Pay Later to take advantage of Apple ID data to help detect fraudulent activity ahead of time

Well, this is a bit more reassuring. Following its announcement of its Apple Pay Later financing option and its Apple Financing LLC division, Apple has stated that it plans to use a customer’s Apple ID and associated data to minimize the chance of fraud and losses. While most financial firms offering a “buy now, pay […]