Citigroup reportedly pulled out on Apple Card deal

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Apple Card
Apple Card might be the most consumer-friendly credit card ever.
Photo: Apple

One of Goldman Sachs’ biggest rivals pulled out on a deal that would have made it the bank backing Apple Card.

Citigroup reportedly was in advanced negotiations with Apple but pulled out of the Apple Card deal due to doubts that it will be profitable.

Apple Card’s colorful packaging revealed ahead of launch

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Apple Card packaging
Here’s how Apple Card will be presented to consumers.
Photo: Ben Geskin

New photos reveal how Apple Card will be presented to consumers when it starts reaching early adopters this summer.

It’s the first time we’ve seen the titanium Card’s fancy packaging since it was announced back in March. It is said to be in beta testing with Apple employees ahead of its launch.

This cool Apple Card feature keeps your number super-safe

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Apple Card
Of course Apple made the most beautiful credit card ever.
Photo: Apple

The days of worrying about someone stealing your credit card number during a transaction are about to be long-gone once Apple Card launches.

New details about Apple Card and its features were revealed today and one of the most surprising tidbits is that the credit card number can be regenerated with a push of a button to protect you from fraud.

Apple Pay Cash can’t come from credit cards [Updated]

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Pay for your doughnut dash with help from Apple Pay.
You can still send money to friends and family with Apple Pay Cash. You just can’t get the cash from a credit card.
Screenshot: Apple

It is no longer possible to transfer money into an Apple Pay Cash account from a credit card. Transferring funds in via a debit card from another bank is allowed, however.

The service still enables users to make person-to-person payments, but the money cannot come from a credit card.

Goldman Sachs eyes new markets for Apple Card

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Apple Card
Apple Card won’t always be exclusive to the U.S.
Photo: Apple

Apple Card may be exclusive to the U.S. for now, but Goldman Sachs hints that won’t always be the case.

Apple’s partner says it will be looking at plans to bring Apple Card to other markets in the future. Goldman CEO Richard Gnodde expects the card to take off quickly over the summer.

Apple may launch its own credit card this spring

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money
Apple could team up with Goldman Sachs for the launch.
Photo: Ste Smith/Cult of Mac

Apple and Goldman Sachs are teaming up to create a joint credit card, according to a new report. The card may offer savings to Apple customers, in addition to making it easier for them to keep tabs on spending.

The Wall Street Journal claims that Apple be using the MasterCard payment network for its endeavor. It is rumored to be rolling out as soon as this spring.

Apple, Goldman Sachs team on rewards credit card

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Apple, Goldman Sachs credit card will replace Apple Reward Card
Get ready to tear up your Apple Rewards Card. The company will release a replacement next year with Goldman Sachs.
Photo: Ed Hardy/Cult of Mac

Apple is working with Goldman Sachs to release a credit card, according to an unconfirmed report. This will apparently take the place of the company’s current Rewards Visa.

The card will be offered under the Apple Pay brand. Goldman Sachs will allegedly replace Barclays as Apple’s partner for credit cards.

Wells Fargo brings Apple Pay to 5,000 ATMs

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Wells Fargo is embracing Apple Pay at its ATMs.
Wells Fargo is embracing Apple Pay at its ATMs.
Photo: Mike Mozart/Flickr CC

One of the largest banks in the U.S. is embracing Apple Pay and contactless payments by finally adding it to its ATMs across the country.

Wells Fargo revealed today that more than 5,000 of its ATMs have been upgraded recently to support Apple Pay, allowing customers to get cash without having to carry around a physical debit or credit card.