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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
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 fined millions for misleading Apple Card holders
Apple didn’t send “tens of thousands” of Apple Card transaction disputes to Goldman Sachs, according to the CFPB. The CFPB says that Goldman Sachs didn’t complete timely inquires on disputes it received in accordance with federal law, either.
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.
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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 ...
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 ...
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 ...
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Goldman Sachs
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