Back in 2019, there was a loud clamoring that Apple Card, supplied by Goldman Sachs, had some bias in its approval process. Specifically, that the approval process was sexist, leaning in more favorable terms to males than females. However, the latest investigation reveals that isn't the case.
Apple and Goldman Sachs are once again allowing Apple Card customers affected by the coronavirus to defer their monthly payment without incurring any interest charges whatsoever.
The global coronavirus pandemic continues, which means many people are still negatively impacted by the disease COVID-19. So Apple and Goldman Sachs are making it a bit easier for Apple Card owners, at least for another month.
Is Apple partner Goldman Sachs' algorithm used to determine Apple Card creditworthiness gender-biased? That's the claim from some on Twitter – a serious enough issue to merit an investigation of the New York state Department of Financial Services (DFS). Goldman Sachs denies it, and the company CEO encourages couples that suspect they've been treated unfairly to get in touch.
Goldman Sachs and Apple are in the crosshairs of the New York Department of Financial Services (DFS) following a viral tweet that alleges gender discrimination over credit lines associated with the Apple Card.
Apple and investment bank Goldman Sachs have now officially begun reporting of Apple Card financial and payment details to credit bureaus.
Following yesterday's launch of Apple Card in the United States, CEO of the investment bank Goldman Sachs which issues the card on behalf of Apple has penned a memo to employees.
It turns out that the Goldman Sachs-backed Apple Card is seeing a lot of approval ratings, even for "subprime" borrowers. But according to a new support document, Apple has quite a few reasons listed as to why someone might get denied.
In a new report outlining Goldman Sachs' sensitivity to a potential recession, an analyst suggests the giant banking entity could team up with Apple for another card in the future.
A joint credit card that Apple and investment bank Goldman Sachs are said to be developing might be officially announced at the iPhone maker's press event scheduled for March 25.
Apple and investment bank Goldman Sachs are working on a joint credit card, to be launched this spring, that will have some unique features in iOS's Wallet app to help iPhone users manage their money, like setting spending goals and managing balances.
Apple is planning to launch a branded Apple Pay credit card as soon as early 2019.