Fintech Insider Podcast by 11:FS cover image

674. News: Is Apple's big bank dream impossible?

Fintech Insider Podcast by 11:FS

00:00

Is Apple Moving Away From Goldman Sachs?

Apple just renewed its credit card commitment with Goldman Sachs through 2030. The likelihood of Apple moving away from Goldman for this specific capability I think is low. Once Apple boos down this path, there's a very high switching cost to move to a new partner. So my suspicion is basically Apple is functioning primarily as a UX front end.

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