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Technology
Terry Sullivan

Apple to cancel credit card partnership with Goldman Sachs

Apple Card held in hand.

What a difference a year makes! Or in the case of a financial partnership between Apple and Goldman Sachs, four years make! According to a recent story in The Wall Street Journal, the tech giant and financial goliath, which had combined forces in 2019 to launch a credit card program featuring the Apple Card, are planning on ending the partnership. 

The demise would not only affect the Apple Card program but also other consumer partnerships. For example, the two had plans to move beyond credit cards. In fact, just a little more than a year ago, there had been plans to roll out a new savings account program. But these all now appear to be canceled. 

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