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The long breakup between Apple and Goldman Sachs over their joint credit card has become even messier. The Consumer Financial Protection Bureau announced on Wednesday that it had ordered both ...
The CFPB alleges that Apple failed to send tens of thousands of consumer disputes of transactions on their accounts to Goldman Sachs. When the tech company did share those reports with the ...
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 US Consumer Financial Protection Bureau ordered Goldman Sachs and Apple to pay $89 million, and Goldman was temporarily banned from issuing new credit cards, because of the companies ...
Apple is in talks with Barclays to replace Goldman Sachs as the tech giant's credit card partner, said two sources familiar with the matter, as the Wall Street giant steps back from its consumer ...
The Apple card dragged down Goldman's return on equity by 75 to 100 basis points last year, but "that will improve in 2025 and 2026," he added. Goldman Sachs CEO says Apple card partnership may ...
The CFPB fined Goldman and Apple $89.8 million for mishandling transaction disputes and banned Goldman from launching a new credit card unless it demonstrates "it can actually follow the law."
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 ...