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 bias against women. AppleInsider – Frontpage News

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 the card, and now a Goldman exec is defending the partnership despite profitability concerns. more… The post Goldman Sachs isn’t worried about Apple Card profitability […]