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Goldman, Apple to pay $89M after CFPB card probe

Goldman reducing its consumer banking footprint since 2022

Bloomberg NewsbyBloomberg News
October 23, 2024
in Retail Banking
Reading Time: 2 mins read
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Goldman Sachs Group Inc. and Apple Inc. will pay more than $89 million to resolve a long-running investigation into their credit-card joint venture after the top US consumer watchdog said the pair misled customers and mishandled disputes. The Consumer Financial Protection Bureau said customer service breakdowns and misrepresentations affected hundreds of thousands of Apple Card […]

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