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CFPB issues report on financial concerns facing miliary families
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Banking, Consumer Protection, Emerging Technology, Nonbank Financial
Tuesday, June 20, 2023
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The Consumer Financial Protection Bureau, Office of Servicemember Affairs released its annual report on the top financial concerns facing military servicemembers and their families. The report highlighted the growth of digital payment app usage in the military community, the unique risks to servicemembers from these services, and the potential abuse from bad actors.
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