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Apple and Goldman Sachs Don’t Trust Their New Banking Customers

“Security reviews” are locking up Apple Savings accounts for weeks on end, as a blunt-force anti-money laundering system turns customers into suspects.

By David Z. Morris

Updated Jun 14, 2024, 7:18 p.m. Published Jun 2, 2023, 4:40 p.m.

Succumb to the temptation of Apple's 4.15% APR ... and you may find yourself cast out of the Garden. (Detail of Michaelangelo's Sistine Chapel, 1509)