Sunshineinanchorage t1_j8q4q8z wrote
Reply to comment by TheElasticTuba in Apple Pay Later nears launch, company will use past spending with Apple to evaluate creditworthiness. by SUPRVLLAN
I thought the Apple Card was handled by Goldman Sachs?
TheElasticTuba t1_j8q4vaa wrote
Ah my mistake. Still though, point stands that the reason it’s fair game for Apple is it’s handled by an outside bank. This comes a lot closer to self-banking.
Sunshineinanchorage t1_j8q5nr4 wrote
I was just curious. And I agree this comes dangerously close to self banking.
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