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May

3
2024
Industry News

Governor DeSantis Signs Legislation to Strengthen Florida’s Protections Against the Agenda of the Global Elite

JACKSONVILLE, Fla.—Today, Governor Ron DeSantis signed legislation to further strengthen Florida’s protections for consumers, teachers, and employees from being forced to adopt ideologies or reflect a preferred political behavior.

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May

3
2024
Trends

Simple Credit Rewards Work for Older Generations, but Not Gen Z

More than 80% of credit card users now receive reward offers from their card issuers and, on average, 72% of those rewards get used within 90 days. Meanwhile, 71% of consumers tell PYMNTS Intelligence that they are highly satisfied with the rewards that their primary card issuers offer them.

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May

3
2024
Industry News

No Funds Available for Additional Chapter 7 Trustee Payments

The Department of Justice (DOJ) has advised the Administrative Office of the U.S. Courts that it has no funds available to transfer to the Judiciary to make additional payments to eligible chapter 7 bankruptcy trustees for fiscal year 2023. Trustees interested in receiving the additional payments for fiscal year 2024 should still file payment eligibility certifications.

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May

3
2024
Trends

Issue Spotlight: Health Savings Accounts

A health savings account (HSA) is a type of tax-advantaged savings account available to consumers enrolled in High Deductible Health Plans (HDHPs) to use for certain healthcare expenses. The prevalence of HSAs among consumers has surged in recent years, with approximately 36 million HSAs reported in 2023.

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May

3
2024
Industry News

New Safeguards Rule Requirement on Data Breach Reporting Coming Soon

A new data breach disclosure requirement under the Federal Trade Commission’s Safeguards Rule goes into effect May 13, 2024. The amendment requires non-bank covered entities to report breaches involving the information of at least 500 consumers to the FTC within 30 days of the event.

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