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Apple Card’s rapid growth, outside vendors blamed for mishaps within Goldman’s credit-card business

Apple Card's rapid growth, outside vendors blamed for mishaps within Goldman's credit-card business

Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California.

Noah Berger | AFP | Getty Images

When it unveiled its new credit card in 2019, Apple touted it as a gamechanger, with unheard-of levels of simplicity and transparency.

Behind the scenes, however, the card’s rapid growth and the new platform built by Goldman Sachs to service it created difficulties, resulting…


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