Tag: Sachs

Senators pile on Goldman Sachs over alleged Apple Card bias, bank to offer shared household credit line

Democratic senator and U.S. presidential candidate Elizabeth Warren on Wednesday chided Apple Card financial partner Goldman Sachs over the firm’s response to claims that its algorithms introduce a credit limit… Read more »

Goldman Sachs will reevaluate Apple Card credit line limits after claims of gender bias

Responding to claims that a gender bias is instituted when processing Apple Card applications, Apple banking partner Goldman Sachs on Monday said it is prepared to reevaluate credit lines for… Read more »

Goldman Sachs isn’t worried about Apple Card profitability despite consumer-friendly features

Last month, a report explained that Citigroup pulled out of its potential deal with Apple for the new Apple Card over profitability concerns. Apple ultimately partnered with Goldman Sachs for… Read more »