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.

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 ...

"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude before the contract's 2030 expiration date, Goldman CEO David Solomon ...

The CFPB characterized Apple Card, which launched in 2019, as a way for Goldman Sachs to get a foothold in consumer financing and Apple a financing mechanism to help drive up sales of its devices.

Apple and Goldman Sachs ordered to pay $89 million over Apple Card failures Regulators say the companies hurt hundreds of thousands of users of the credit card, which Apple launched in 2019.

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 ...

Apple was fined $25 million.The CFPB also banned Goldman Sachs from launching a new credit card, “unless it can provide a credible plan that the product will actually comply with the law ...

Apple was fined $25 million.The CFPB also banned Goldman Sachs from launching a new credit card, “unless it can provide a credible plan that the product will actually comply with the law ...

The U.S. 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 ...

Regulators said Apple and Goldman Sachs launched the popular credit card, even in spite of "third-party warnings to Goldman that the Apple Card disputes system was not ready due to technological ...

The U.S. 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 ...

The U.S. 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 ...