It looks like the Apple Card may have suitors lining up amid its public breakup with Goldman Sachs. Apple is in talks with Barclays and Synchrony Financial to replace Goldman Sachs as its card issuer,

By Nupur Anand NEW YORK -Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.

Apple is in talks with two major financial firms, as it looks for a new Apple Card partner to replace Goldman Sachs.

Apple is reportedly in talks with Barclays to replace Goldman Sachs as its credit card issuer. This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community.

It's been Goldman Sachs in the background since the Apple Card's launch in 2019. Ever since its introduction in 2019, the Apple Card has been powered

The six-year-long Apple Card partnership between Goldman Sachs and Apple might end sooner than expected. Here's who could take the business.

Synchrony Financial (SYF) stock saw a modest uptick, ending the day at $68.11 which represents a slight increase of $2.05 or 3.10% from the prior close of $66.06. The stock opened at $67.03 and touched a low of $67.

Synchrony Financial (NYSE:SYF – Get Free Report) was upgraded by Barclays from an “equal weight” rating to an “overweight” rating in a report released on Monday,Briefing.com Automated Import reports.

Barclays analyst Terry Ma upgraded Synchrony Financial (SYF – Research Report) to a Buy today and set a price target of $79.00. The company’s

JPMorgan Chase has also been in talks with Apple about the credit card business since last year. Talks with AMEX reportedly stalled, likely due to the financial company’s reluctance to sacrifice its well-known AMEX brand by appearing to be in a secondary position to Apple in the partnership.

Several financial firms are vying to replace Goldman, which launched the credit card with Apple in 2019, the sources said. While other lenders are tempted by working with Apple, one of the world's most recognizable brands,

APPLE is in talks with Barclays to replace Goldman Sachs as the tech giant’s credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer finance ambitions.