Any changes that would need to be considered (such as updating the sixteen digit full card number, the savings account number, or the routing number) would be communicated to users well in advance for any recur
A change of banks for the Apple Card could impact Apple Savings, as the feature is currently backed by Goldman Sachs. If Apple transitions to a new banking partner, such as JPMorgan Chase, it may require adjustments to the savings account infrastructure, potentially disrupting account m...
Goldman Sachs has faced customer service issues and customer complaints over the Apple Card and Apple Savings account, which ultimately led to an investigation by the U.S. Consumer Financial Protection Bureau. Customers were unhappy with long wait times for disputed Apple Card transactions and...
Goldman Sachs' consumer credit division lost $1.2 billion in nine months last year, and the losses were primarily related to theApple Card. Goldman's collection of businesses, known as Platform Solutions, lost over $1.2 billion in pre-tax losses in the first nine months of 2022 and was dr...
Dark Pools owned by the biggest names on Wall Street – such as Goldman Sachs’ Sigma X2, JPMorgan Chase’s JPM-X, UBS’ UBSA, Morgan Stanley’s MSPL, and Credit Suisse’s Crossfinder — have been making tens of thousands of trades in the shares ...
No. It’s a quick cash play by Apple and Goldman sachs. Too much competition in this card market. They try to target affluent audience. And it’s simply not enough perks. The ones who thinks it’s cool apple really doesn’t want as a customer. High...
Plans for the Apple Savings program may be jeopardized by troubles with Goldman Sachs' consumer business, as the bank has reportedly dropped its consumer credit card efforts outside of Apple Card.