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The inside story of Apple and Goldman’s souring credit card partnership.
Apple’s obsessive focus on design, ease of use, and profit comes into conflict with Goldman’s focus on... profit, and their combined interest to not be seen as preying on people with poor credit or biased against women with better credit given worse terms than their husbands. Now Goldman wants out — as already reported — as it shifts away from the consumer strategy it once embraced.
How the Partnership Between Apple and Goldman Sachs Soured
[The Information]
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