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US fines Apple and Goldman Sachs
Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders
Wednesday’s CFPB action orders refunds for consumers and penalties for both companies. Apple is required to pay a $25 million penalty, the CFPB said, and Goldman a $45 million penalty and at least
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.
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.
NerdWallet on MSN
6h
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 ...
Mint
6h
Goldman, Apple to pay $89 million after CFPB card probe revealed they ‘misled customers’, ‘mishandled disputes’
The agency ordered Goldman to pay at least $19.8 million in redress and a $45 million penalty while fining
Apple
$25 ...
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