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  • Regulation
  • Payment
  • United States

Apple and Goldman Sachs finally convicted of deceptive practices

After a tumultuous partnership, Goldman Sachs and Apple's cooperation on the Apple Card has ended in a colossal fine imposed by the CFPB (Consumer Financial Protection Bureau). The U.S. giants will have to pay a combined total of $89 million, a sum that once again underlines the importance of consumer protection for regulatory bodies.

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