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Goldman, Amazon Discuss SMB Lending Partnership

PYMNTS

Goldman Sachs and Amazon are in discussions about the possibility of partnering for small and medium-sized (SMB) business lending in the U.S., Goldman would use its latest lending technology to offer SMB loans on Amazon’s lending platform as soon as next month, two sources told FT.

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Goldman Sachs OKs Subprime Applicants For Apple Card

PYMNTS

With its new credit card in conjunction with Apple, Goldman Sachs is reportedly approving some borrowers who are subprime for the offering. The bank is accepting applications for the Apple Card from some users who have credit scores that are not stellar, CNBC noted in a report that cited unnamed sources.

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Affirm Integrates Its Virtual Card with Apple Pay

Bank Innovation

Startup Affirm is embedding its technology into the Apple ecosystem, allowing customers to load the company’s virtual card into Apple Pay, the startup announced today. The integration will also allow customers to use “Affirm InStore” to finance purchases at physical merchant locations, Affirm said.

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Consumers Would Be Comfortable Using Google or Apple For Taking Out Loans, Survey Finds

Bank Innovation

Banks need not fear large technology companies like Google or Apple taking their business. For one, […].

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Data Dive, Pushing Forward, Pushing Back: Visa, Apple And PayPal

PYMNTS

Visa, and more specifically Visa Direct, made two great pushes for outward expansion, while Apple is working to push both its new card and its new line of phones, possibly in reaction to its China slowdown. During Apple’s last earnings call, CEO Tim Cook hinted this development was on the way. This week we saw a little bit of both.

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Apple sidelines Goldman Sachs & goes in-house for lending | Citigroup plans to hire 4,000 tech staff | Deutsche Bank calls Russia IT staff to Germany

Bussman Advisory

The post Apple sidelines Goldman Sachs & goes in-house for lending | Citigroup plans to hire 4,000 tech staff | Deutsche Bank calls Russia IT staff to Germany appeared first on Bussmann Advisory AG. We offer advisory services for the executive team and in-person or virtual courses with tailored topics.

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The New Beginnings Edition: Apple, Uber And Goldman Sachs

PYMNTS

Apple’s New Chip Groove. Last week’s reports suggest that Apple will soon wave goodbye to its long-term chipmaker, Intel, in favor of making its own chips for Mac computers. The goal is to bring all Apple products into alignment in an attempt to make them work more smoothly, similarly and seamlessly in tandem.

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