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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 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 $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.
17h
on MSN
'Apple Card failures,' including mishandling disputes, trigger millions in penalties
A major meltdown in customer service for Apple Card customers has led to $70 million in civil penalties after a crackdown by ...
Yahoo
22h
Apple and Goldman Sachs have to pay $89 million over issues with Apple's credit card, regulator says
pay more than $89 million in redress and penalties for failures related to the
Apple
credit
card
. The Consumer ...
CBS News
22h
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 ... Chopra also said it is banning Goldman from offering ...
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Related topics
Goldman Sachs
Consumer Financial Protection Bureau
CFPB
United States
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