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Apple and Goldman Sachs must pay more than $89 million over failures related to their joint Apple Card, ... CBS News. Portion of Santa Cruz Wharf collapses amid high surf with 2 people rescued.
Goldman Sachs, meanwhile, will pay at least $19.8 million in redress to affected customers, along with a $45 million civil penalty and a temporary ban on issuing new cards.
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 ...
(Reuters) -Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business that affected hundreds of thousands of ...
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 ...
The Apple Card marked a significant expansion into consumer lending for both Apple and Goldman Sachs. "The execution was a mess," Chopra said in a news media call Wednesday.
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. Apple failed to ...
Apple is putting an end to its credit card partnership with Goldman Sachs, yet another blow in the investment bank’s ill-fated attempt to push into the consumer banking space.. The Wall Street ...