But the first so-called open banking rules in the U.S. aims to change that. New rules finalized by the CFPB on Tuesday will ...
In the most recent sign of tumult for the Apple Card, the CFPB says technical and communication issues between Apple and ...
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 ...
The CFPB said mismanagement from both companies affected thousands ... In a statement, an Apple spokesperson said “Apple Card ...
Wednesday’s CFPB action orders refunds for consumers and penalties for both companies. Apple is required to pay a $25 million ...
Swipe fees, on cards are paid by merchants and are typically 2% to 4% of the transaction. In comparison, fees for pay-by-bank ...
The (CFPB) has stepped in and ordered both Apple and Goldman Sachs to pay nearly $90 million in penalties over the Apple Card ...
“Imagine being able to switch banks as easily as switching streaming services,” said James McCarthy, a founding member of the ...
Liability over data security emerges as a top concern as the Bank Policy Institute and a Kentucky trade group and bank sue ...
US regulators have ordered Goldman Sachs and Apple to pay $89 million in penalties and consumer redress over violations in ...
Apple and Goldman Sachs will pay over $89 million in combined fines and refunds because of failures stemming from the ...
Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the ...