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US fines Apple and Goldman Sachs
Apple and Goldman Sachs Must Pay Nearly $90 Million in Credit-Card Inquiry
The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.
Apple and Goldman Sachs ordered to pay $89 million after Apple Card failures
The US Consumer Financial Protection Bureau ordered Goldman Sachs and Apple to pay $89 million, and Goldman was temporarily banned from issuing new credit cards, because of the companies’ mishandling of their Apple Card partnership.
Apple and Goldman Sachs Fined $89 Million by CFPB for Apple Card Failures
While Apple continues to look for a new home for the Apple Card, the tech giant and its current issuer have been accused of mismanaging customer accounts.
CBS News
1d
Apple, Goldman Sachs ordered to pay more than $89 million over Apple Card failures
Apple
and
Goldman
Sachs
must pay more than $89 million over failures related to their joint
Apple
Card, federal ...
Boise State Public Radio
18h
Apple and Goldman Sachs ordered to pay $89 million over Apple Card failures
Regulators say the companies hurt hundreds of thousands of users of the credit card, which Apple launched in 2019.
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Cards
Consumer Financial Protection Bureau
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