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November

3
2022
Industry News

CFPB investigating U.S. Bank over pandemic-era unemployment payments

The Consumer Financial Protection Bureau (CFPB) is investigating U.S. Bank over its handling of unemployment insurance payments using prepaid debit cards during the COVID-19 pandemic, the Minneapolis-based bank disclosed in a securities filing on Tuesday.

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November

3
2022
Industry News

16M student debt relief applications approved this week, White House says

Sixteen million Americans with student debt will soon get their application for forgiveness approved — though the cancellation won’t appear on their accounts while a legal challenge from Republican-led states plays out in court.

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November

3
2022
Industry News

NC AG investigating two companies suspected of accepting and routing illegal robocalls

North Carolina’s attorney general is investigating two companies that provide calling service on the internet for possibly accepting and routing illegal robocalls to people across the country.

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November

3
2022
Industry News

Federal Trade Commission Returns More Than $830,000 to Students Misled by Saint James Medical School’s Deceptive Marketing Claims

The Federal Trade Commission is sending payments totaling more than $830,300 to 1,376 people who began their enrollment at Saint James School of Medicine between Fall 2016 and Summer 2021. The for-profit medical school in the Caribbean and its Illinois-based operators allegedly misled prospective students about their chances of success—both in passing a medical school standardized test and in matching with a residency program after graduation.

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November

3
2022
Trends

LexisNexis Risk Solutions Study Shows Nearly Half of Participating Healthcare Payers Experienced a Data Breach in the Last Five Years, Costing an Average of $5.39M per Incident

ATLANTA, Nov. 2, 2022 /PRNewswire/ -- LexisNexis® Risk Solutions, the leading provider of healthcare data analytics and technology, today released its True Cost of Fraud™ for Healthcare Payers study, which analyzes the impact cyberfraud has on healthcare payers, particularly how much it costs their business, and inevitably affects the overall cost of care.

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