Goldman Sachs, Apple Team Up on New Credit Card

#1

Post by gshakir » Thu, May 10, 2018, 6:44 PM UTC

Goldman Sachs, Apple Team Up on New Credit Card
wsj.com

Re: Goldman Sachs, Apple Team Up on New Credit Card

#2

Post by crsv » Thu, May 10, 2018, 6:57 PM UTC

Given the proliferation of ApplePay, the revenue streams from things bought or transacted over the iTunes store, and it's massive cash stores, at which point does Apple start to look like an actual bank as it begins to underwrite credit, offer investments, transact to investment platforms, etc?

Re: Goldman Sachs, Apple Team Up on New Credit Card

#3

Post by tudelo » Thu, May 10, 2018, 7:37 PM UTC

Paywall/Sign in required for article.

Re: Goldman Sachs, Apple Team Up on New Credit Card

#4

Post by ggg9990 » Thu, May 10, 2018, 7:42 PM UTC

Makes sense. Apple has always tried to provide a single vertically integrated, unified experience for users. It isn’t surprising that as their customer experiences touches various industries like banking, music, etc. that they’ll try to enter and “Appleify” that industry for the Apple adherent.