Technology giant Apple has announced that it will share more Apple Card customer information with its financial partner Goldman Sachs. This information, which will be shared in an anonymized way, will be used to offer better credit models.
Those using ‘Apple Services’ were often wondering what they paid for when reviewing their bills. By solving this problem by bringing a long-awaited feature to Apple Card, Apple will add more clear and useful information such as “Apple Music Subscription” to customers’ invoices instead of just typing Apple Services.
Apple says the information will be anonymized before being shared with Goldman Sachs:
This data collected by Apple will be sent to Goldman Sachs in an anonymized form and will be used to develop credit models for new customers. Let’s also mention that Apple Card has the option to disable this feature for new users.
In an e-mail it sent to Apple Card users the other day, Apple said that due to the new type of coronavirus, users will be able to bypass their March payments if they experience any difficulties. It was also stated in this email that users who reported Apple Card support would not be charged interest.