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US fines Apple and Goldman Sachs
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 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 must pay $89 million for mishandling Apple Card transactions, CFPB orders
A federal regulator has ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled Apple Card customers' transaction.
Opinion
3d
Opinion
Apple’s Card Was Confusing
Also capital call line securitization, top-ticking private credit, Robinhood grows up and a Russian payment system ...
NerdWallet on MSN
3d
What the Latest Bad News for the Apple Card Means for Customers
In the most recent sign of tumult for the Apple Card, the CFPB says technical and communication issues between Apple and ...
Boise State Public Radio
4d
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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Goldman Sachs
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