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Recent developments in mobile financial services industry
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Banking, Consumer Protection, Nonbank Financial
Tuesday, May 10, 2016
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The Federal Deposit Insurance Corp. is seeking feedback on the use of mobile financial services as a means to reaching underserved consumers; the Federal Trade Commission has issued orders to eight mobile device manufactures to provide information about how they issue security updates and the Federal Financial Institutions Examination Council (FFIEC) revised its Retail Payment Systems booklet to include a new appendix on mobile financial services. Find out what you need to know about these developments.
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