It does seem odd for Apple to choose to hand that data over to the bank with the absolute least scruples. GS has made a name for themselves screwing their own customers.
I would’ve hoped Apple would partner with a smaller bank that has something to gain, and then say something like “because we care about your privacy, we have partnered with Bank X to develop the first credit card with truly private transactions” or something like that.
The fact that they just leak the data to the credit card industry is odd. With all their cash they could’ve bought a bank and issued the card themselves. Hopefully that’s their endgame.