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Apple currently in discussions with other financial institutions to take over Apple Card backing

Even if Goldman Sachs is looking for a way out of backing the Apple Card, Apple is currently in talks with at least three potential companies to take over Goldman’s end of the Apple Card partnership. According to Reuters, Apple is in talks with Barclays, Synchrony, and JPMorgan Chase. Goldman Sachs had reportedly approached American […]

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Goldman Sachs CEO confirms that Apple Card partnership may end soon

The financial relationship between Apple and Apple Card financial backer Goldman Sachs may be coming to an end soon. Goldman’s CEO confirmed the possibility of a premature conclusion to the Apple partnership during a recent earnings call. Apple Card-Goldman Sachs partnership possibly ‘won’t continue’ all the way through the current contract Per Reuters, Goldman Sachs […]

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JPMorgan Chase purchases CurrentC, looks to develop technology for further use

If you were curious as to what happened to CurrentC, the intended mobile payment service that was intended to compete with Apple Pay a few years ago, there’s an answer: JPMorgan bought it out. Oddly enough, Chase Bank played both sides and was one of a few major banks to partner with Apple when Apple […]