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CFPB announces senior leadership changes

CFPB Monitor

Last Friday, the CFPB announced several changes in senior leadership. Hand joined the Bureau in 2012 and has 17 years of experience, having worked in consumer advocacy, community development, and on Capitol Hill. Delicia Reynolds Hand will serve as Deputy Associate Director for External Affairs.

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CFPB announces senior leadership changes

CFPB Monitor

The CFPB has announced the following senior leadership changes: Stacy Canan will serve as the CFPB’s Assistant Director for the Office for Older Americans. Canan had been serving as the deputy assistant director for the Office for Older Americans since joining the Bureau in November 2012. Before joining the CFPB, Ms.

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FTC, 48 States Launch Massive Antitrust Suit On Facebook

PYMNTS

The FTC complaint alleges that Facebook has engaged in a systematic strategy — including its 2012 acquisition of Instagram, its 2014 acquisition of WhatsApp, and the imposition of anticompetitive conditions on software developers — to eliminate threats to its monopoly, according to the release.

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Estonia Sees $13B In Money Laundering Over Four Years

PYMNTS

After reports of money laundering caused lenders in Estonia and Latvia to close, police said on Friday (May 25) that more than $13 billion (or about €11 billion) was laundered through banks in Estonia between 2012 and 2016. In 2012, more than €7.3 billion in securities from Russia were processed through the Estonian financial system.

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Uber Buys Dubai Ride-Hailing Unicorn Careem For $3.1B

PYMNTS

Founded in 2012, the ride-hailing unicorn – which is valued at over $1 billion – was the premier tech startup in the Middle East and North Africa. Uber coughed up over $3 billion to get its hands on Dubai’s ride-hailing startup Careem, the Financial Times reported on Wednesday (Oct. Uber paid $3.1 billion to take ownership.

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Uber Launches Uber Works To Connect Workers To Gig Jobs

PYMNTS

Founded in 2012, the ride-hailing unicorn – which is valued at over $1 billion – was the premier tech startup in the Middle East and North Africa. Questions are being circulated about its strength to stay competitive. In other Uber news , the company just purchased Dubai’s ride-hailing startup Careem for $3 billion. Uber paid $3.1

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Walmart Bribery Probe Ends With A Whimper

PYMNTS

In April 2012, The New York Times reported that Walmart officials had paid $24 million in alleged bribes in Mexico and then shut down an internal investigation into the matter. Walmart has spent more than $730 million since 2012 responding to the allegations and revamping its compliance infrastructure. The probe began back in Nov.

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