https://wccftech.com/apple-card-features-not-innovative-bank-executive/

Back in August, the Apple Card was and for this venture, the Cupertino giant has teamed up with Goldman Sachs, which acts as the issuing bank. For now, the company is enticing consumers with instant cashback up to 3 percent. However, if you are wondering if Apple Card features really set it apart from conventional credit cards, your opinion might be invalided by a Russian baking executive.

Speaking during a CNBC-hosted event in China, David Rafalovsky, Chief Technology Officer of Russia’s Sberbank, said that the Apple Card features are nothing mind-blowing. He said that it is just a regular credit card that is paired with a digital wallet and doesn’t have any significant improvements to speak off. Rafalovsky doesn’t consider things such as ‘no fees’ as something innovative.