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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

Court of Appeals for the Second Circuit held that the Consumer Financial Protection Bureau’s (CFPB) funding structure is constitutional — splitting from the U.S. Court of Appeals for the Fifth Circuit’s decision in Community Financial Services Association of America v. For more information, click here.

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TrueAccord Group Welcomes Courtney Graham as Chief People Officer

True Accord

Courtney Graham joins a world-class leadership team that includes Ohad Samet, Sheila Monroe (COO and CEO of TrueAccord Corp), Gene Linetsky (CTO), Noah Barr (CFO), Laura Marino (CPO), Charles Deutsch (GM of Financial Services), and Nadav Samet as CIO and CEO of True Life Solutions, which launched the game-changing consumer product, Engage.

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TrueAccord Announces Organizational Changes to Executive Leadership Team

True Accord

Ravanesi’s previous roles include director and leadership positions at Barclays Bank, Discover Financial Services and GE Money. “??This Founded in 2013, TrueAccord’s data-driven debt collection platform is disrupting the collection industry by helping businesses collect more debt online than traditional methods.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On January 10, the Securities and Exchange Commission (SEC) approved each pending spot-Bitcoin exchange traded fund (ETF) application on an accelerated basis. On January 12, New York Department of Financial Services (NYDFS) Superintendent Adrienne A. For more information, click here. In additional to paying $1.8

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Venmo Charges Explained—How They Work and What You’re Really Paying For

Credit Corp

Venmo is a financial platform acquired by PayPal when it bought Braintree for $800 million in 2013. 1 Today, it has as many as 10 million users by some estimates. The owners do that by charging transaction fees—just like most financial institutions and credit card issuers. Looking for more financial safety information?

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What Are “Actual Damages” Under the FCCPA and the FDCPA?

Jimerson Firm

2013) (finding a plaintiff can recover damages for emotional distress under the FCCPA); Barker v. 6:010-CV-226-ORL-31, 2011 WL 1560647, at *10 (M.D. 6:10-CV-226-ORL-31, 2011 WL 1557853 (M.D. is board certified in business litigation by the Florida Bar and practices in the firm’s banking and financial services industry team.

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What Is a Credit Card Number & How Can You Protect It?

Credit Corp

The credit card number is valid if the number you reached in step three is divisible by 10. The largest data breach occurred in 2013 and involved the unauthorized access of more than three billion records. If doubling results in a two-digit number, add those two digits together. Add up all the doubled numbers.

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