CFPB withdraws proposals on data brokers, digital payment mechanisms
The CFPB has withdrawn two proposed rules concerning data brokers and digital payment mechanisms. Both were proposed after the 2024 ...
The CFPB has withdrawn two proposed rules concerning data brokers and digital payment mechanisms. Both were proposed after the 2024 ...
ABA and six banking and credit union associations said they support legislation to establish national data privacy standards as long ...
A proposed rule by the CFPB to expand consumer reporting regulations to consumer-identifying information would reduce banks’ ability to detect ...
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Roughly a third of bank and credit union executives believe the CFPB’s financial data sharing rule won’t benefit their institutions ...
Routine financial activities are exempted from the rule, but for banks, it still may cover third-party vendors operating in countries ...
The CFPB announced it has officially recognized the Financial Data Exchange as a standard-setting body under the bureau’s financial data-sharing ...
FHA announced that approved lenders will have 36 hours to report a cybersecurity incident to HUD instead of 12 hours, ...
The CFPB proposed a new rule to expand existing federal protections for consumer data to certain activities by data brokers.
Several states have recently passed data privacy laws with exclusions for data collected by banks and other financial institutions, and ...
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