Apple is set to sever ties with Goldman Sachs, signaling the end of their collaboration on the Apple Card and Apple Card Savings Account, as reported by various sources. The technology giant has proposed a 12-15 month exit plan to disentangle from the investment bank, according to The Wall Street Journal.
Goldman Sachs is reportedly seeking to end its partnership with tech giant Apple, as revealed in a new report by The Wall Street Journal. The banking company, which collaborated with Apple for the Apple Card credit card, Apple Pay Later, and the Apple Savings account, is looking to reduce its focus on consumer business. Talks are now underway between Goldman Sachs and American Express (Amex) regarding a potential takeover, which would involve transferring credit card partnerships, including the Apple Card, to another company.
You can cancel your Apple Card if it is lost or stolen by contacting an Apple Specialist at 1-877-255-5923 or by navigating to the Wallet app on your device and opening your digital card. Tap the 3 dots in a circle in the upper right hand corner then tap the Message button to chat with a specialist.