Goldman Sachs and Apple have been fined $89mn by US authorities over their joint credit card program. The fine was imposed for alleged violations of consumer protection laws. The two companies had partnered to offer a branded credit card, but the deal was criticized for being opaque and lacking transparency.

Source: https://www.ft.com/content/f6961ea0-e33a-4562-b5f1-abd3e7ab76b7