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March

31
2023
Industry News

FTC, Justice Department, and European Commission Hold Third U.S.- EU Joint Technology Competition Policy Dialogue

Federal Trade Commission Chair Lina M. Khan, the Justice Department’s Antitrust Division Assistant Attorney General Jonathan Kanter, and Executive Vice President Margrethe Vestager of the European Commission met today in Washington, D.C., for the third meeting of the U.S.-EU Joint Technology Competition Policy Dialogue (TCPD). The principals and senior staff met to continue work on cooperation in ensuring and promoting fair competition in the digital economy.

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March

31
2023
Trends

2022 Consumer Response annual report

The Consumer Financial Protection Bureau began consumer response operations on July 21, 2011, and became the first federal agency solely focused on consumer financial protection. The Bureau’s Consumer Response team hears directly from consumers about the challenges they face in the marketplace, brings their concerns to the attention of financial institutions, and assists in addressing their complaints.

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March

31
2023
Industry News

CFPB to distribute more than $4.7 million to consumers impacted by nationwide student financial aid scam

If you were one of the over 78,000 people who paid College Financial Advisory or Student Financial Resource Center for information on how to pay for college, or to apply for financial aid services, you may receive a check in the mail. Payments will be sent on March 31, 2023, through Epiq Systems.

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March

30
2023
Trends

Mortgage Interest Rates Today for March 30, 2023: Rates Tick Up

This week, a few notable mortgage rates moved up. See how the Fed's interest rate hikes could affect your mortgage payments.

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March

30
2023
Strategy

Privacy and Central Bank Digital Currency

With global interest and the growing exploration of Central Bank Digital Currencies by central banks, privacy has become a crucial aspect to consider. A new paper by the Digital Euro Association (DEA) working group of global experts takes a look at the topic of privacy and CBDCs. The paper examines the importance of privacy and how it impacts the successful adoption, usage, and implementation of digital currencies. Many consumers are worried that the adoption of CBDCs will open the door to government tracking and surveillance of their personal details and behaviors.

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