Published on: 2025-05-16 23:35:24
Visa has reportedly offered to hand over $100 million to Apple in order to take over payment processing for its credit card, replacing Mastercard. The offer comes as Apple is in the process of replacing Goldman Sachs as the issuing bank of Apple Card after that company decided to get out of the consumer lending business. The offer was reported on Tuesday by the Wall Street Journal, which says that American Express is among others trying to win the deal; Mastercard is trying to retain the busine
Keywords: apple card credit goldman offer
Find related items on AmazonPublished on: 2025-05-18 17:27:52
A battle is apparently breaking out among companies looking to get in on the Apple Card business. According to a new report from The Wall Street Journal, Visa, Mastercard, and American Express are all in talks to become the payment network behind Apple Card… As a refresher, Goldman Sachs is the bank that currently backs the Apple Card. Mastercard currently serves as the card’s payment network, helping to transmit information between the bank and the merchant. As has been reported many times, Go
Keywords: apple card goldman mastercard network
Find related items on AmazonPublished on: 2025-05-19 03:27:52
A battle is apparently breaking out among companies looking to get in on the Apple Card business. According to a new report from The Wall Street Journal, Visa, Mastercard, and American Express are all in talks to become the payment network behind Apple Card… As a refresher, Goldman Sachs is the bank that currently backs the Apple Card. Mastercard currently serves as the card’s payment network, helping to transmit information between the bank and the merchant. As has been reported many times, Go
Keywords: apple card goldman mastercard network
Find related items on AmazonPublished on: 2025-05-21 11:04:58
Michael Intrator, founder and CEO of CoreWeave Inc., Nvidia-backed cloud services provider, attends his company's IPO at the Nasdaq Market in New York City on March 28, 2025. Wall Street banks waited a long time for a billion dollar IPO from a U.S. tech company. They're not making much money from the one they got. The underwriting discount and commissions paid by artificial intelligence infrastructure provider CoreWeave , which hit the Nasdaq on Friday, amounted to just 2.8% of the total proce
Keywords: billion coreweave fee goldman ipo
Find related items on AmazonPublished on: 2025-06-26 07:25:18
Elon Musk speaks during the first cabinet meeting hosted by U.S. President Donald Trump, at the White House in Washington, DC, U.S., February 26, 2025. Tesla's stock has never had a stretch this red. For seven straight weeks, since Elon Musk went to Washington, D.C. to join the Trump administration, shares in his automaker have declined, closing on Friday at $270.48. It's the longest such losing streak for Tesla in its 15 years as a public company. Tesla shares finished the week down more tha
Keywords: analysts company goldman musk tesla
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