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Apple Pulls Plug on Goldman Credit-Card Partnership (www.wsj.com)

submitted 11 months ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 11 months ago (6 children)

I mean, if any company has the resources and bandwidth to spin up an in-house operation, it’s Apple. I’m sure they’re, at the very least, considering going partnerless.

Especially since, given Goldman’s experience, I’m sure any contract with a new partner would pass more of the losses on to Apple than previously.

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[–] [email protected] 1 points 11 months ago

Technology companies venturing into financial services doesn’t usually go well. Ask GE

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