Apple in talks with Barclays, Synchrony, and JPMorgan Chase for Apple Card takeover | Infinium-tech
Since its launch in 2019, Apple Card has been powered by Goldman Sachs, but that may soon change. Yesterday the CEO of Goldman Sachs said his company’s deal with Apple could end soon, and today a new report claims two other institutions are ready to step in: Barclays Bank and financial services company Synchrony. .
As you might expect with something like this, Apple, Barclays and Synchrony declined to comment. The report cited “two sources familiar with the matter”.
Apparently, talks between Apple and Barclays have been going on for “several months.” It may still take several months to reach an agreement, he said. According to previous reports, JPMorgan Chase has been in talks with Apple about taking over Apple Card since last year.
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