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 ...

Credit cards provided by banks or other businesses allow people to purchase goods and services on a line of credit. Customers will be charged interest if they do not pay their credit card statement in ...

A nearly $90 million ruling this week against Apple and Goldman Sachs — who together brought the Apple Card to market in 2019 — is the latest chapter in a ...

Swipe fees, on cards are paid by merchants and are typically 2% to 4% of the transaction. In comparison, fees for pay-by-bank ...

A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and ...

The CFPB responded by imposing an $89 million fine on Apple and Goldman Sachs. Of this amount, Goldman Sachs is required to ...

Also capital call line securitization, top-ticking private credit, Robinhood grows up and a Russian payment system ...

The Consumer Financial Protection Bureau has ruled a fine for Apple and Goldman Sachs after investigating the Apple Card.

US regulators have ordered Goldman Sachs and Apple to pay $89 million in penalties and consumer redress over violations in ...

Co-branded credit cards through more than 100 partners made up over half of credit sales ... 2024 guidance was unchanged in ...

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 ...