Vissthis 'bank of apple' stuff should make you nervous.
Bert JW Regeer π³οΈβπ@Viss itβs Goldman Sachs Β―\_(γ)_/Β―
@bertjwregeer wonderful
DaLanShark@bertjwregeer @Viss
It's just a partnership, Apple putting their name on the service, but another bank on the back end.
Amex bought Kabbage, and Kabbage used to use Green Dot for their checking product, and nowadays if you look for Kabbage, it's kaput; you're redirected to Amex. We'll see if this deal works out OK for Green Dot, but I don't see Apple taking over the financial world that quickly.
It's just a partnership, Apple putting their name on the service, but another bank on the back end.
Amex bought Kabbage, and Kabbage used to use Green Dot for their checking product, and nowadays if you look for Kabbage, it's kaput; you're redirected to Amex. We'll see if this deal works out OK for Green Dot, but I don't see Apple taking over the financial world that quickly.
@DaLanShark @Viss yes, I am aware of how partner banks works.
Apple Cash has been green dot for years. Apple Card and Apple Savings are both Goldman Sachs.