Accusing them of deceiving users of the iPhone maker's credit card

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card.

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card. The CFPB ordered Goldman Sachs to pay at least $19.8 million in compensation and a $45 million fine, while iPhone-maker Apple was hit with a $25 million fine. elm-gc/dw

The Consumer Financial Protection Bureau (CFPB) fined Apple and Goldman Sachs more than $89 million Wednesday for illegally mishandling transaction disputes and misleading consumers about interest-free payment options.

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone maker's credit card. The CFPB ordered Goldman Sachs to pay at least $19.8 million in compensation and a $45 million fine, while iPhone-maker Apple was hit with a $25 million fine. elm-gc/dw

Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.

Apple and Goldman Sachs were fined more than $89 million for mishandling consumer disputes of Apple Card transactions, the CFPB said.

The Consumer Financial Protection Bureau has ruled that Apple was not ready for Apple Card disputes, and tens of thousands were then not dealt with properly by Goldman Sachs.

:Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business, the U.S. Consumer Financial Protection Bureau announced Wednesday.In partnership to finance Apple customers' purchases through the Apple credit card, the two companies

:Corporate giants Goldman Sachs and Apple will pay $89 million for violations of consumer protection laws in their joint credit card business that affected hundreds of thousands of people, the U.S. Consumer Financial Protection Bureau announced Wednesday.In a partnership to finance Apple customers' purchases

The United States fined Apple and Goldman Sachs a total of $89 million on Wednesday, accusing them of deceiving users of the iPhone-maker's credit card. Customer service breakdowns and misrepresentations affected hundreds of thousands of users of Apple Card, launched in a collaboration with the US banking titan in 2019,…

The penalties and customer refunds stem from an investigation by the Consumer Financial Protection Bureau into Apple Card, which Goldman issues.

Following an investigation, the Consumer Financial Protection Bureau (CFPB) today announced it has fined Apple and Goldman Sachs nearly $90...

Goldman Sachs and Apple will pay $89 million in penalties and customer refunds over widespread service failures and deceptive practices in their joint Apple Card venture, U.S. consumer watchdog CFPB said on Wednesday. The agency found Goldman mishandled credit card disputes while Apple failed to ...

The Apple-branded credit card launched in 2019 in partnership with Goldman Sachs.

NEW YORK (AP) — A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled transaction disputes of Apple Card customers.

Goldman Sachs could be forced to pay tens of millions of dollars in fines by the Consumer Financial Protection Bureau, over the way it handled complaints about Apple Card and other credit cards.