New York regulator looking into Goldman Sachs' Apple Card for alleged gender bias in algorithms

Allegations of gender discrimination against users of the Apple Card blew up after a tech entrepreneur said that Apple Card offered him 20 times the credit limit as his wife, although they have shared assets and she has a higher credit score

New York The New York Department of Financial Services is looking into allegations of gender discrimination against users of the Apple Card, which is administered by Goldman Sachs.

The allegations blew up on Twitter Saturday after tech entrepreneur David Heinmeier Hansson wrote that Apple Card offered him twenty times the credit limit as his wife, although they have shared assets and she has a higher credit score. Many other users voiced similar experiences — including Apple co-founder Steve Wozniak. Hansson wrote that after reaching out to Apple in an attempt to rectify the situation, he was told credit limits are determined by an algorithm.

— DHH November 8, 2019 Wozniak, who co-founded Apple with Steve Jobs and continues to work for the company, said on Twitter he and his wife had a similar experience with the Apple Card. Though they share all of their assets and accounts, he was offered ten times the credit limit of his wife."Some say the blame is on Goldman Sachs but the way Apple is attached, they should share responsibility," Wozniak said.

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