This is the best summary I could come up with:

However, the Journal reports that’s not the case — citing unnamed sources, it claims the tech giant has sent a proposal to Goldman to exit from their partnership in 12 to 15 months.

No such exit has been formally announced at this time, but there have been multiple reports detailing how the partnership had soured over the years, including a July 2023 article from The Information.

The article also referenced some of the bad PR Apple Card received after a viral tweet indicated that some women with good credit were being given worse terms than their husbands.

Later, as Goldman shifted away from its consumer strategy, The Wall Street Journal reported that the bank began shopping its Apple partnership to American Express.

Today, WSJ points to other problems, as well, like Apple’s insistence that all cardholders are billed at the beginning of the month, which causes customer service headaches, and its push to get most applicants approved.

“Apple and Goldman Sachs are focused on providing an incredible experience for our customers to help them lead healthier financial lives,” a company statement reads.

The original article contains 608 words, the summary contains 182 words. Saved 70%. I’m a bot and I’m open source!