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Apple Card Under Probe for Sex Discrimination in Credit Limits

Customers can sign up for Apple Card in the Wallet app on their iPhone in minutes and start using it with Apple Pay right away in stores, in apps or online worldwide

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An Apple company logo is seen behind tree branches outside an Apple store in Beijing, Dec. 14, 2018. VOA

The New York Department of Financial Services has opened a probe into allegations of gender discrimination by Apple Card issuer Goldman Sachs while determining credit limits.

The investigation into the algorithm used to set credit limits for the Apple Card followed a series of tweets by entrepreneur David Heinemeier Hansson (known as DHH) about Apple Card.

“The @AppleCard is such a sexist programme. My wife and I filed joint tax returns, live in a community-property state, and have been married for a long time. Yet Apple’s black box algorithm thinks I deserve 20x the credit limit she does. No appeals work,” Hansson tweeted.

The complaint was seconded by none other than Apple co-founder Steve Wozniak. “The same thing happened to us. I got 10x the credit limit. We have no separate bank or credit card accounts or any separate assets. Hard to get to a human for a correction though. It’s big tech in 2019,” said Wozniak.

The New York Department of Financial Services confirmed on Saturday that it will investigate Apple Card, reports Market Watch.

Though Apple is yet to respond to the investigation into the card, media reports quoted a Goldman Sachs spokesperson saying: “Our credit decisions are based on a customer’s creditworthiness and not on factors like gender, race, age, sexual orientation or any other basis prohibited by law.”

Apple, smartphone
Customers walk past an Apple logo inside of an Apple store at Grand Central Station in New York, Aug. 1, 2018. VOA

Earlier, in his series of tweets, Hansson said: “Apple offers a credit card that bases its credit assessment on a black-box algorithm.

“Apple has handed the customer experience and their reputation as an inclusive organisation over to a biased, sexist algorithm it does not understand, cannot reason with, and is unable to control. When a trillion-dollar company simply accepts the algorithmic overlord like this…”

Launched with Goldman Sachs and Mastercard in August, Apple Card is both a digital and physical credit card that requires no number, CVV security code, expiration date or signature on the card.

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It comes with benefits like instant approval, zero fees on missing deadlines or going over the limit and daily cashback on purchases.

Customers can sign up for Apple Card in the Wallet app on their iPhone in minutes and start using it with Apple Pay right away in stores, in apps or online worldwide. (IANS)

Next Story

Tech Giant Apple Solves Location Privacy Issue with iPhone 11 in 2nd iOS 13.3.1 Beta

After giving an unsatisfactory answer, Apple had said in December that it would bring a dedicated toggle in location services to allow customers to completely turn off the feature

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apple, software, updates, iOS
An Apple company logo is seen behind tree branches outside an Apple store in Beijing, Dec. 14, 2018. VOA

The second beta version of Apple’s iOS 13.3.1, released earlier this month, now includes a toggle for disabling the Ultra Wideband chip in the device. This comes after privacy issue reports around the iPhone 11 and 11 Pro that they still tracked location data even when users had turned off location services.

When that led to more questions and debates, the iPhone maker stated the behaviour was due to the fact the UWB chip in the new iPhones isn’t approved broadly around the world, so the iPhone 11 uses location services to check if UWB can be used or not, 9to5Mac reported on Friday.

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“We do not see any actual security implications,” an Apple engineer was earlier quoted as saying by KrebsOnSecurity.

“It is expected behaviour that the Location Services icon appears in the status bar when Location Services is enabled. The icon appears for system services that do not have a switch in Settings.”

After giving an unsatisfactory answer, Apple had said in December that it would bring a dedicated toggle in location services to allow customers to completely turn off the feature. (IANS)