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2024-10-22 18:35:59
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9to5mac.com on Nostr: Summary of Goldman Sachs to face CFPB fine over handling of Apple Card disputes The ...

Summary of Goldman Sachs to face CFPB fine over handling of Apple Card disputes



The source article:
Goldman Sachs to face CFPB fine over handling of Apple Card disputes


Goldman Sachs’ Apple Card nightmare continues to get worse. A new report today reveals that the Consumer Financial Protection Bureau is set to fine Goldman Sachs after an investigation into its customer service practices for Apple Card. The CFPB fine comes as Goldman Sachs continues to search for an exit from its Apple Card partnership after billions of dollars in losses. more…

https://9to5mac.com/2024/10/22/apple-card-goldman-sachs-disputes-fine/

Goldman Sachs' Apple Card nightmare continues to get worse as the Consumer Financial Protection Bureau is set to fine the bank after an investigation into its customer service practices. The fine is expected to be over $50 million and comes as Goldman Sachs continues to search for an exit from its Apple Card partnership after billions of dollars in losses.
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