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 ...
Tag: Data privacy
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 ...
FinCEN seeks comment on possible change to Customer Identification Data collection
FinCEN and federal banking agencies are seeking information regarding potentially allowing banks to collect only part of a Social Security ...
CFPB clarifies plans to recognize standard-setting organizations
Before the CFPB finalizes its proposed rulemaking on personal financial data this fall, it will first codify what attributes an ...
Déjà vu in state capitals
Legislation on ESG, artificial intelligence and interchange fees are once again on the table during the 2024 legislative sessions.
ABA calls for changes to CFPB’s Section 1033 proposal
ABA raised concerns that several aspects of the CFPB’s proposal to implement Section 1033 of the Dodd Frank Act—which governs ...
Podcast: Digging into the CFPB’s Section 1033 data-sharing proposal
"Banks have long supported consumers accessing their own data, but believe it should be done in a safe and sound ...
CFPB releases proposed data sharing rule
The CFPB released its long-awaited rulemaking on consumer-authorized financial data sharing.
CFPB developing rules for information collected by data brokers
The CFPB is developing rules to prevent “misuse and abuse” by data brokers that track, collect and monetize information about ...
How privacy impacts innovation in banking
Bankers should familiarize themselves with privacy as well as the ways in which it manifests in the epicenter of AI ...
