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Apple and Goldman Sachs are ending their partnership that currently consists of the Apple Card and Apple Card Savings Account. According to The Wall Street Journal, Apple has “sent a proposal to Goldman to exit from the contract in the next roughly 12-to-15 months.”
Update: In a statement to CNBC, Apple said that it will “continue to innovate” for Apple Card customers:
Apple and Goldman Sachs are focused on providing an incredible experience for our customers to help them lead healthier financial lives. The award-winning Apple Card has seen a great reception from consumers, and we will continue to innovate and deliver the best tools and services for them.
