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The Apple Card will be stored inside the Wallet app on iPhones. Photo: Apple, Inc.

I’m sure most of our readers are aware by this point that Apple announced its new Apple Card – a credit card, not as we’ve known it before, that’ll be launching this summer. And that headline at the top of this column is word-for-word how Apple announced the new credit card: “A new kind of credit card. Created by Apple, not a bank.” Ooof … that got my attention.

While we knew some kind of partnership with Goldman Sachs was in the works, we didn’t understand just how significant the partnership would be at this point.

Michael Ogden

Executive Editor for CU Times.

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