Goldman and Apple to pay $89 million following CFPB card investigation

Goldman Sachs Group Inc. and Apple Inc. are facing a lengthy investigation into their credit card joint venture after the head of the U.S. consumer watchdog said the companies misled customers and improperly handled disputes. The company ended up paying more than $89 million to resolve the issue. The Consumer Financial Protection Bureau said hundreds of thousands of Apple Cards were affected due to customer service failures and misrepresentations (…)