Wall Street regulators will investigate whether Apple’s credit card is sexist

Wall Street regulators will investigate whether Apple’s credit card is sexist

The New York Department of Financial Services (NY DFS) is investigating Goldman Sachs after users complained that the Apple Card’s algorithm discriminates against women in determining credit limits, Bloomberg reported on Nov. 10. A tweet from tech entrepreneur David Heinemeier Hansson claiming that his wife received a much smaller credit limit than he did despite their equal financial status went viral earlier this week, setting off a controversy and leading to news of the probe over the weekend.