Apple Card Users to Receive $19.8 Million Settlement Over Mishandled Disputes
• 1 min read
Apple and Goldman Sachs face penalties for alleged mismanagement of Apple Card customer complaints and misleading practices. The CFPB mandates a $19.8 million payout to affected users, highlighting the importance of transparency in fintech partnerships.
Apple and Goldman Sachs Face Hefty Fines Over Apple Card Misconduct
• 2 min read
Regulators impose substantial penalties on Apple and Goldman Sachs for misleading Apple Card practices. The CFPB investigation reveals inadequate disclosure and unfair treatment of customers, prompting industry-wide scrutiny of fintech partnerships.