Source link : https://tech-news.info/apple-explores-exciting-partnerships-talks-underway-with-barclays-synchrony-and-jpmorgan-chase-for-apple-card-acquisition/
Potential Shift in Apple Card Management: New Players Emerge
Since its launch in 2019, Goldman Sachs has managed the Apple Card, but recent statements indicate a possible shift on the horizon. The CEO of Goldman Sachs hinted that their partnership with Apple may conclude sooner than expected, sparking interest from two alternative financial institutions: Barclays and Synchrony Financial.
Consistent with the usual protocol for matters of this nature, representatives from Apple, Barclays, and Synchrony have opted not to make any public remarks regarding these developments. This information comes from “two insiders familiar with the discussions.”
Ongoing Negotiations Show Potential Changes Ahead
The discussions between Apple and Barclays have reportedly been underway for “several months.” Despite this progress, experts suggest it could take additional time before a final agreement is established. Additionally, JPMorgan Chase has been exploring its own opportunity to assume control of the Apple Card since late last year.
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The post Apple Explores Exciting Partnerships: Talks Underway with Barclays, Synchrony, and JPMorgan Chase for Apple Card Acquisition! first appeared on Tech News.
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Author : Tech-News Team
Publish date : 2025-01-16 19:35:20
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