The failures include mishandling transaction disputes and misleading iPhone purchasers about interest-free payment options.
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Apple has seen its Apple Card high-yield Savings customers deposit more than $10 billion since it launched in April. The account is offered by Goldman Sachs and offers 4.15% APY interest on savings.
Goldman Sachs is looking to sell off its partnership with Apple to American Express, according to insiders. The sources said a deal is not imminent nor assured so no deal may ever be made.
Apple Card customers in the United States can now open savings accounts with a 4.15 percent annual percent yield (APY) and no withdrawal fees, minimum deposits, or balance requirements.
Apple has introduced a facility for Apple customers that allows them to get loans of a maximum of $1,000 when making online or in-store purchases and divide payments into four installments.
Apple's Project Breakout to launch a next-generation financial system is facing engineering difficulties which has led to it fintech endeavors being delayed, including two that are unannounced.
Apple has launched its own savings account with no joining fees, minimum deposits, and any minimum balance requirements for Apple Card users with Daily Cash deposited directly into the account.
The industry is currently struggling with a global chip supply crisis but Goldman Sachs' Andrew Tilton believes that things will soon be better as we move into the second half of the year.
Microsoft has partnered with various organizations including Accenture, GitHub, and ThoughtWorks to form the Green Software Foundation which aims to promote sustainable and green software development.
Apple has announced the creation of the Restore Fund which will direct $200 million into forest restoration. Apple has partnered with Conservation International and Goldman Sachs for their expertise.
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The newly launched web portal will provide an alternative way to the Wallet app for viewing and printing bank statements, checking credit, scheduling payments, and more, with the Apple Card.
Goldman Sachs and Apple are letting Apple Card customers defer their payments for April 2020 without incurring interest as the coronavirus pandemic is causing uncertainties for employees.
In an official statement, Goldman Sachs stated that the gender is not factored in when determining creditworthiness. It also hinted at the potential cause for lower credit limits, among other things.
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Goldman Sachs, the bank that handles Apple's new credit card, is apparently giving it to people with 'less-than-stellar' credit scores in an effort to reach as many Apple customers as possible.
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Apple is rolling out today the Apple Card to a select number of customers who have opted to avail of the credit card. Consumers can sign up via the Wallet app and also apply for the physical card.
A new report claims that Apple and Goldman Sachs may jointly launch a new credit card that tightly integrates into the Wallet app for finance management. Cashback offers are also planned.
The investment banking group has been an Apple backer for some time, but a new report indicates that it wants to become a financing option for users wanting to get new watches, tablets, and iPhones.
With rumours that phone maker Xiaomi is looking to go public, we've now got some details about the banks which the Chinese firm is working with as it prepares for its initial public offering.
The popular music streaming company, Spotify, has confidentially filed for its IPO with the SEC. According to report it filed in December igniting a slightly more unusual IPO process.
Goldman Sachs and Conde Nast have issued the results from a recent survey they undertook amongst millennials and Gen Z'ers. The results show Snapchat and Instagram to be the most popular apps.
A Goldman Sachs employee accidentally sent a confidential email to a stranger on Gmail and are now demanding that the company delete the message in order to preserve their reputation. Too late?
Microsoft's stock price went down over 4.4 percent in trading today after an analyst at Goldman Sachs decided to downgrade the company from a "neutral" to a "sell" rating.
Goldman Sachs, after negotiating a deal with Facebook to assist in its first stock offering, has announced that it will no longer be offering the opportunity to buy stock to its US clientele. Citing regulatory...
Documents provided to Goldman Sachs clients have revealed Facebook made $355 million US in profit in the first nine months of last year. Reuters reports that the investments and securities firm began hand-delivering copies of a...
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