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.
Apple and Goldman Sachs Fined More Than $89 Million For Apple Card Issues
The Consumer Financial Protection Bureau (CFPB) fined Apple and Goldman Sachs more than $89 million Wednesday for illegally ...
Apple, Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders
NEW YORK — A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving ...
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 ...
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 ...
CNN22d
Apple and Goldman Sachs ordered to pay $89 million after Apple Card failures
The Apple Card issued by Goldman Sachs and running on the Mastercard network rolled out in August 2019. By September 30 of that year, Goldman had already lent out about $10 billion, and customers ...
MacRumors22d
Apple Responds After Being Fined Alongside Goldman Sachs for 'Apple Card Failures'
Following an investigation, the Consumer Financial Protection Bureau (CFPB) today announced it has fined Apple and Goldman Sachs nearly $90 million combined for "Apple Card failures" related to ...
'Apple Card failures,' including mishandling disputes, trigger millions in penalties
A major meltdown in customer service for Apple Card customers has led to $70 million in civil penalties after a crackdown by regulators. Millions of dollars must be sent to harmed credit card ...
Fox Business21d
Apple and Goldman Sachs ordered to pay $89M over Apple Card failures
The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over mishandled transaction disputes and misrepresentations that impacted hundreds ...
The New York Times22d
Apple and Goldman Sachs Must Pay Nearly $90 Million in Credit-Card Inquiry
By Danielle Kaye Federal regulators ordered Goldman Sachs and Apple on Wednesday to pay combined penalties of more than $89 million over their handling of their credit-card business, affecting ...
CBS News22d
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 regulators announced Wednesday. The Consumer Financial Protection Bureau ...
9to5Mac22d
Apple and Goldman Sachs fined over $89 million for ‘Apple Card failures’
Upon learning about these inadvertent issues years ago, Apple worked closely with Goldman Sachs to quickly address them and help impacted customers. While we strongly disagree with the CFPB’s ...