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Millions of dollars must be sent to harmed credit card customers, too. The Consumer Financial Protection Bureau took action against Apple and Goldman Sachs, charging that the companies illegally ...
Apple marketed and designed customer interfaces for the credit card while Goldman Sachs managed financing and account servicing. Four days before the card’s launch, the Goldman Sachs board of ...
Goldman Sachs (GS) and Apple (AAPL) have to pay $89.8 million for sidestepping legal obligations to their joint credit card customers, the Consumer Financial Protection Bureau (CFPB) announced ...
"There's some possibility" the credit-card partnership between Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) will conclude ...
In fact, if Goldman Sachs makes another attempt to enter the credit card market, the CFPB plans to police the company to avoid repeat offenses. “Apple and Goldman Sachs illegally sidestepped ...
It also banned Goldman Sachs from launching a new credit card unless it provides a credible plan that the product will be legally compliant. "Apple and Goldman Sachs illegally sidestepped their ...
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 ...
it promised “a new kind of credit card” that was “designed to help customers lead a healthier financial life.” Now, government regulators say Apple and its partner Goldman Sachs caused ...
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 ...
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