Goldman Sachs CEO says Apple Card 'completely changes the credit card experience'

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The Apple product is meant to be simple and transparent, and that ethos meshes with the stated principles of Goldman's consumer finance division.

Goldman Sachs CEO David Solomon said that the new jointly-created Apple Card is a major step in its journey to becoming a player in the consumer finance industry.

div > div.group > p:first-child"> Solomon, who attended Apple's Monday event unveiling the card and other new services, addressed the joint effort in a memo to employees. "Apple Card completely changes the credit card experience and is built to help customers lead a healthier financial life," Solomon said."We're excited to partner with Apple on this card, which is designed to be truly on the side of the customer."

Marcus has more than 3 million customers, $45 billion in deposits and $5 billion in consumer loan balances so far, he said. "This partnership is a major step in the growth of our consumer franchise, furthering our vision to create the leading digital consumer platform," Solomon said.

 

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The future lies in the heads of active Thinkers and Doers.

BS spews from Goldman

No

Beautiful looking card

partnering up with a bunch of greedy banksters I wld expect better of Apple

HAHAHHA ...

LOL!! A credit card that help an individual 'lead a healthier financial life'? Credit is what gets most people in trouble...

Wayyyyy behind Venmo

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