CFPB urges states to reconsider exemptions for financial data in privacy laws
Several states have recently passed data privacy laws with exclusions for data collected by banks and other financial institutions, and ...
Tag: Data privacy
Blog post: CFPB pushes Section 1033 rule at expense of economic opportunity
The CFPB’s push for open banking could close doors to economic opportunity for many Americans, financial analyst Karen Petrou wrote ...
CFPB unveils website for reviewing open banking standard setter applications
The CFPB is accepting public comment on the first application from an organization seeking to become a recognized standard-setting body ...
ABA, associations warn data privacy bill conflicts with existing requirements for banks
ABA and six financial industry associations said that they continue to oppose a proposed data privacy bill that would conflict ...
ABA, associations seek two-year compliance deadline for data-sharing rule
ABA and three financial sector associations urged the CFPB to give financial institutions at least two years to comply with ...
ABA, associations oppose data privacy bill in current form
ABA and six financial sector associations said that they oppose legislation that would establish national data privacy standards because the ...
CFPB establishes application process for open banking standard-setting bodies
The CFPB issued a partial final rule establishing the qualifications that organizations must meet to become recognized standards-setting bodies under ...
ABA, associations: Data privacy bill would create conflicting requirements
A bill that would establish national data privacy standards does not include clear language for financial institutions to understand their ...
Trade groups seek congressional oversight for auto lending data collection effort
ABA and four other trade associations wrote to lawmakers raising concerns about the CFPB’s plans to gather data from automobile ...
ABA op-ed: Banks could also be the benefactors of CFPB’s data sharing plan
The CFPB proposed rulemaking on personal financial data rights will have significant compliance costs for banks, but it also presents ...
