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Apple and Goldman Sachs ordered to pay $89 million
Apple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders
A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled transaction disputes of Apple Card customers.The Consumer Finance Protection Bureau orders point to “customer service breakdowns and misrepresentations” around Apple and Goldman's credit card partnership.
Apple and Goldman Sachs deceived Apple Card customers, regulators say
The Consumer Financial Protection Bureau ordered the companies to pay almost $90 million in penalties and refunds.
Goldman, Apple to pay CFPB $89.8M over Apple Card issues
The bank and tech firm failed to address disputed transactions from their joint Apple Card program, the bureau alleged, and misled them about interest-bearing products.
Mint
12h
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 ...
1d
on MSN
Apple, Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders
A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and ...
CBS News
1d
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 failures related to their joint
Apple
Card, federal financial ...
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Goldman Sachs
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Consumer Financial Protection Bureau
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