GAO Recommends Beefing Up FTC, CFPB Enforcement of Nonbank Data Privacy
To mitigate the risk of data breaches like the Equifax breach in 2017, the Federal Trade Commission should have civil ...
Tag: Credit reporting
ABA Calls for Uniform National Privacy Standards
Ahead of yesterday’s House Energy and Commerce Committee hearing and today’s Senate Commerce Committee hearing -- both on data privacy ...
Sens. Crapo, Brown Seek Feedback on Data Privacy
Sens. Mike Crapo (R-Idaho) and Sherrod Brown (D-Ohio) -- the chairman and ranking member of the Senate Banking Committee, respectively ...
Agencies Issue Advisory on Education Loan Rehabilitation Programs
The Federal Reserve and FDIC today issued an advisory on voluntary private education loan rehabilitation programs to alert banks to ...
FHFA Proposes New Requirements for Validating, Approving Credit Score Models
As directed by regulatory reform law S. 2155, the Federal Housing Finance Agency today issued a proposed rule to establish ...
New Credit Score Unveiled Drawing on Bank Account Data
Experian, FICO and Finicity today announced a new credit score, called the UltraFICO score, as part of a bid to ...
FHFA Halts Credit Score Initiative
As expected, the Federal Housing Finance Agency announced today that it will not issue a decision this year about updating ...
Scoring Your Customers: How Often Is Enough?
A consumer’s most recent score is the most predictive, according to recent research.
Can I Make Changes to FinCEN’s Beneficial Ownership Model Form?
...and more insights from ABA's Compliance Center Inbox in the May/June issue of the ABA Banking Journal.
ABA, CBA: More Guidance Needed for Customer Communication about Credit Scores
In comments to the Consumer Financial Protection Bureau today, ABA and the Consumer Bankers Association urged the CFPB to provide ...
