The planned card would carry the Apple Pay brand and could launch early next year, people familiar with the matter said.
Indeed, the Goldman Sachs partnership appears to be aimed at boosting the use of Apple Pay, which will presumably be cross-promoted with the physical credit card.
For Goldman, a credit card with a popular brand could be a smart move as the investment bank pushes into retail- and consumer-oriented services.
Goldman has been incrementally pushing into consumer banking products. If true, this would allow Apple Pay users to pay for products and services even when they don't have access to their smartphone.
There are hundreds of co-brand partnerships, with brands large and small, and it's an intensely competitive business for credit card companies.
US makes pledge to aid North Korea's economy I think you probably broke the all-time, in history, television rating for three o'clock in the morning - that I would say. During Pompeo's visit to North Korea , he promised Kim economic help from the U.S.to bolster his country's economy.
NRA suing Gov. Cuomo, New York State financial regulator And Lloyd's of London announced that it is directing insurance underwriters to terminate any existing partnership with the NRA. The NRA claims that actions by the defendants have cost the organization tens of millions of dollars in damages.
Apple already permitted users to send money via a service known as "Apple Pay Cash", which is at the moment the easiest way, however, only works at stores with contactless technology built into their payment stations.
The idea of an Apple credit card may sound unusual to consumers.
"It's not going to put them on the map when it comes to market share, but it's definitely a strong customer base you want to have", said Brian Riley with Mercator Advisory Group, which specialises in consulting with companies looking to do co-brand credit cards.
Goldman Sachs recently hired Scott Young and Anand Sivadasan, who previously negotiated co-brand credit card partnerships for Citigroup Inc, and Shailesh Mendonca, a digital marketing executive from Capital One Financial Corp.
Although people don't consider Apple Pay a huge success, a report confirms that almost 16% of Apple user have configured Apple Pay on their devices. Financial terms of the deal were not disclosed.
RB Leipzig finished sixth and claimed the final spot in the Europa League with a 6-2 win over Hertha Berlin . Hamburg will join Cologne in the second division next season, while Wolfsburg go into a relegation playoff.
The stock of Arrow Global Group PLC (LON:ARW) has "Buy" rating given on Wednesday, February 28 by Numis Securities. Renaissance Techs Ltd Liability Corporation stated it has 0% of its portfolio in JetPay Corporation (NASDAQ:JTPY).
The investigators have reportedly seized Upbit's computers and account sheets to review the company's cryptocurrency holdings. The biggest cryptocurrency exchange in South Korea , UpBit, is being investigated by local police and other investigators.
He and Kim "will both try to make it a very special moment for World Peace!" he said of the summit later on Twitter . North Korean leader Kim traveled to Dalian in China earlier this week for a second summit with Xi within two months.
Hudson was unlucky in her debut as a coach on " The Voice " in season 13 last fall, just missing out on a place in the final. The Voice airs Mondays at 8 p.m. on NBC. "We're friends, but we're future frenemies".
Thiem, who was dismantled in Monaco three weeks ago by Nadal, admitted he had to be nearly flawless to beat the king of clay. Two 7-6s in the third set, to fall a bit short, including match points against Pablo Carreno Busta in Miami.
She has already prepared a "political will" to determine the future leadership of the Trinamool Congress in her absence. A particular party has given supari (contract) to kill me. "The Congress has its limitations".
Neymar said this season has been the least he's ever played, so he is rested for the World Cup that begins on June 14 in Moscow. For us it went a bit worse in the Copa and in La Liga. "And we are going for a third in a row".
On his own future, the 33-year-old former Manchester City full-back said: 'I still have one more year (on my West Ham contract). We have a lot to do just to get 6th and the way Arsenal turned us over this season it will be tough to get ahead of them.
Kings XI bowl and make three changes, Searles debuts for KKR
It is a must-win game for both the sides as a victory here will take Punjab closer to playoffs berths, and keep KKR somehow alive. KKR openers Sunil Narine and Chris Lynn provided a good start as both of them put on 50-run stand for the opening wicket .
Rudy Giuliani says Trump "denied" AT&T-Time Warner merger
He made millions of dollars from AT&T , Novartis, Korea Aerospace Industries and an investment management company, Columbus Nova. AT&T noted in the fact sheet that Cohen was among "several consultants" the company hired as Trump was assuming the presidency.
Princess Charlotte "Won't Leave Baby Louis' Side"
Although Prince Louis isn't old enough to enjoy his big brothers hand-me-downs just yet, Charlotte is taking full advantage. US Weekly also report that Prince George and Princess Charlotte are used to sharing toys at Kensington Palace.
IPL 2018: RR vs CSK Preview
After winning the toss, Chennai posted 176-4 from their 20 overs, with Indian worldwide Suresh Raina top-scoring with 52 off 35. Wickets kept tumbling at one end, with some notable contributions from Sanju Samson (21) and Stuart Binny (22).
A new PUBG update for PC launched overnight
EDT on May 2 and was expected to last around four hours , as the " PUBG " help account on Twitter posted on social media earlier. Regardless of which game players prefer, it's hard to deny the battle for the crown has been an interesting one.
Microsoft is working on a new smart speaker
One of the primary cause of this is the limited use of Window's phone which has now been officially closed by the company. The device will get a bounce if it has some qualities better than Google's Homo device and other rival devices.
Barcelona advance as Real Madrid lose
It was too little too late for Madrid, though, meaning they now face an uphill battle to finish second. There are still two games left and it was an opportunity to show up.