Apple and Goldman Sachs are being ordered by the Consumer Financial Protection Bureau to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and ...

In statements to NPR, both Apple and Goldman Sachs defend the card as consumer-friendly. “We worked diligently to address certain technological and operational challenges that we experienced ...

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 hundreds of ...

The CFPB characterized Apple Card, which launched in 2019, as a way for Goldman Sachs to get a foothold in consumer financing ...

“Apple Card is one of the most consumer-friendly credit cards that has ever been offered,” Goldman Sachs’ Nick Carcaterra says in a statement to The Verge.. “We worked diligently to ...

Apple Card / Goldman Sachs partnership. Because many of Apple’s products, such as the iPhone, are more expensive than other brands, many consumers favor financing purchases with payment plans ...

Apple and Goldman Sachs have officially been hit with over $89 million in fines due to “Apple Card failures.” The Consumer Financial Protection Bureau announced the ruling today after a multi ...

Goldman Sachs said it is "proud to have developed such an innovative and award-winning product alongside Apple.” The statement noted: "Apple Card is one of the most consumer-friendly credit ...

The order requires Apple to pay $25 million into the CFPB's victims relief fund.Goldman Sachs must pay victims nearly $20 million, plus a $45 million civil penalty, according to the agency's order.

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 ...

Apple and Goldman Sachs are being ordered by the CFPB to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.

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.