Apple Video: Introducing Apple Card

· · Cool Stuff Found

Apple announced Apple Card, the company’s new branded credit card issued by Goldman Sachs, during the “It’s Showtime” event on Monday. Apple Card will be released in May, but Apple has a promotional video out now. While we’re working on all those detail, here’s the video:

Apple and Goldman are the FinTech Power Couple

· · Link

Wall Street was surprised when Apple chose to partner with Goldman Sachs. According to a new article by WSJ, other financial institutions like Citigroup and JPMorgan Chase offered their services to Apple as well.

Goldman can’t do it on its own either. It is new to consumer banking, having spent most of its 150-year history catering to big companies and billionaires. Without branches, it needs other ways to find customers for its online savings and lending business. Apple, too, needs new engines of growth as iPhone sales slow.