Goldman Sachs CEO David Solomon called his bank’s rollout of the Apple Card “the most successful credit card launch ever.” From a report: Solomon provided investors with an update on the bank’s new initiatives at the start of a conference call Tuesday. “We believe Apple Card is the most successful credit card launch ever,” he said. Continuing on the Apple Card, which the bank built in partnership with the iPhone maker, Solomon said that “since August, we’ve been pleased to see a high level of consumer demand for the product. From an operational and risk perspective, we’ve handled the inflows smoothly and without compromising our credit underwriting standards.”

Share on Google+

of this story at Slashdot.

…read more

Source:: Slashdot