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Wednesday, February 26, 2020
Tuesday, February 25, 2020
Intuit Confirms That It Is Buying Credit Karma For $7.1B in Cash and Stock
The week is kicking off with a major piece of M&A in the world of financial technology startups. Today Intuit — the accounting, tax filing and financial planning software giant behind QuickBooks, TurboTax and Mint, confirmed that it plans to acquire Credit Karma — the fintech startup with more than 100 million registered users, 37 million of them active monthly users, which lets people check their credit scores, shop for credit cards and loans, file taxes and more.
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Friday, February 21, 2020
Wednesday, February 19, 2020
Tuesday, February 18, 2020
Thursday, February 13, 2020
Equifax: US charges four Chinese military officers over huge hack
The US has charged four Chinese military officers over the huge cyber-attack on credit rating giant Equifax.
More than 147 million Americans were affected in 2017 when hackers stole sensitive personal data including names and addresses.
Some UK and Canadian customers were also affected.
China has denied the allegations and insisted it does not engage in cyber-theft.https://www.google.com/amp/s/www.bbc.com/news/amp/world-us-canada-51449778
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Wednesday, February 12, 2020
Tuesday, February 11, 2020
“You wouldn’t think you’d go to jail over medical bills”: County in rural Kansas is jailing people over unpaid medical debt
There is at least one issue a divided electorate can come together on this election year: A recent poll finds 90% of those surveyed agreed on the importance of making health care more affordable.
Millions of Americans remain uninsured.
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Thursday, February 6, 2020
Wednesday, February 5, 2020
Tuesday, February 4, 2020
U.S. Department of Education, Consumer Financial Protection Bureau Sign Memorandum of Understanding to Better Serve Student Loan Borrowers
WASHINGTON — The U.S. Department of Education and the Consumer Financial Protection Bureau (CFPB) announced a new coordination agreement in order to better serve student loan borrowers. Under the newly signed Memorandum of Understanding (MOU) the agencies will share complaint information from borrowers and meet quarterly to discuss observations about the nature of complaints received, characteristics of borrowers, and available information about resolution of complaints. The MOU also provides for the sharing of complaint data analysis, recommendations, and analytical tools.
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