NY regulator vows to investigate Apple Card for sex bias

India Today | Nov 10, 2019 at 5:26 AM
  • A New York regulator is investigating Goldman Sachs for possible sex discrimination in the way it sets credit limits.
  • The agency is “troubled to learn of potential discriminatory treatment in regards to credit limit decisions reportedly made by an algorithm of Apple Card, issued by Goldman Sachs,” said spokeswoman Sophia Kim.
  • A press release announcing the card called Goldman Sachs “a newcomer to consumer financial services” that was “creating a different credit card experience.”