David Solomon, CEO of Goldman Sachs and Apple’s bank partner has declared the launch of Apple Card ‘the most successful ever’.
In an interview with CNBC, Solomon has shared his exhilaration regarding the Apple Card. He mentioned that the newly-built credit card platform has generated a lot of demand, with the firm keeping underwriting standards at an acceptable level.
The CEO further stated that Apple’s financial product, used in conjunction with ‘next-generation electronic trading platforms’ can propel the company into a very competitive position.
Just after the Apple Card launched, Solomon has been optimistic regarding its long-term future. He says that the product is big and serves as a beginning, and that they are in a position to innovate. The Goldman Sachs CEO further says that the company will be leading the consumer business with customer-centricity in mind.
The Apple Card is a credit card created by Apple. The product was launched on August 20, 2019 in the US.