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 has landed in hot water alongside Goldman Sachs for negligence and mismanagement of the co-branded Apple Card. Apple initially launched the card in 2019 for American users, promising ...
Apple and its financial partner, Goldman Sachs, have encountered a major hurdle in their efforts to expand into the financial services sector. The Consumer Financial Protection Bureau (CFPB) has ...
The CFPB claims that Apple and Goldman Sachs were both aware that the Apple Card was “not fully ready” due to technological issues, but they still went ahead with the launch. Goldman Sachs and ...
Apple failed to send tens of thousands of customer disputes about credit card transactions to Goldman Sachs, and when it did the bank did not follow federal requirements for investigating claims ...
The Consumer Financial Protection Bureau (CFPB) found that Apple failed to forward numerous transaction disputes to Goldman Sachs, and users were incorrectly led to believe they would ...