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The origins of Apple Card and Goldman Sachs. News of Apple’s partnership with Goldman Sachs first emerged in February 2019 from the Wall Street Journal.That’s the same news outlet that is now ...
Apple has given Goldman Sachs a proposal to end their consumer banking partnership within the next 12-15 months. If the bank accepts the proposal, the move could possibly affect the two consumer ...
Goldman Sachs and Apple have worked together on the Apple Card since it launched in 2019, and have also teamed up for the high-yield Apple Savings account and the Apple Pay Later feature.
Apple said it had worked closely with Goldman Sachs to address the issues and help customers. “While we strongly disagree with the CFPB’s characterization of Apple’s conduct, we have aligned ...
The Consumer Financial Protection Bureau (CFPB) on Wednesday ordered Apple and Goldman Sachs to pay $89 million over mishandled transaction disputes and misrepresentations that impacted hundreds ...
Apple and Goldman Sachs have officially been hit with over $89 million in fines due to “Apple Card failures.” The Consumer Financial Protection Bureau announced the ruling today after a multi ...
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 ...
More details about the relationship between Apple and Goldman Sachs can be found in The Information's full report. Tag: Apple Card Guide [ 191 comments] Get weekly top MacRumors stories in your inbox.
Apple's relationship with Goldman Sachs led to the creation of the wildly successful Apple Card, but post-launch friction and a change in priorities has crashed the relationship into the rocks.
The order requires Apple to pay $25 million into the CFPB's victims relief fund.Goldman Sachs must pay victims nearly $20 million, plus a $45 million civil penalty, according to the agency's order.
Apple and Goldman Sachs are being ordered by the CFPB to pay a combined $89 million in fines stemming from customer service issues with the Apple Card and regulatory violations.
The Consumer Financial Protection Bureau ordered Goldman Sachs (NYSE:GS) and Apple (NASDAQ:AAPL) to pay more than $89M for allegedly mishandling the process for investigating disputed Apple Card ...
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