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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 Fined Over $89 Million For Misleading Apple Card Customers
Apple and Goldman Sachs will pay over $89 million in combined fines and refunds because of failures stemming from the companies’ Apple Card partnership, according to U.S. regulators Wednesday, which temporarily blocked Goldman from issuing new credit cards.
Apple Cards Customer Service Was So Bad It Caused a $90 Million Fine
The Consumer Financial Protection Bureau (CFPB) has levied a combined $90 million penalty against Apple and Goldman Sachs for issues related to the Apple Card. The CFPB gave the penalty as a result of failures in customer service and misrepresentations made to card users.
Hosted on MSN
2h
The CFPB fines Apple millions for Apple Card
In a statement, an
Apple
spokesperson said “
Apple
Card is one of the most consumer-friendly credit
cards
available and ...
6d
Apple says support for redeeming rewards with more partners is coming to Apple Pay
On Thursday, Apple celebrated 10 years with Apple Pay and announced how the service will evolve in the future, including ...
1d
Apple preparing to release M4 Macs ‘very soon’ with new USB-C accessories
With an October event discarded, it seems Apple has set the release date for new M4 Macs for next week. Here's what we know.
1d
on MSN
Apple and Goldman Sachs ordered to pay over $89 million for Apple card failures
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the ...
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Goldman Sachs
Consumer Financial Protection Bureau
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