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 CFPB ordered Goldman Sachs to pay at least $19.8 million in redress and a $45 million civil monetary penalty, while Apple was ordered to pay a $25 million civil monetary penalty. It also ...

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.” ...