FinCEN issues notice on financially motivated type of extortion
FinCEN issued a notice to help financial institutions detect and disrupt a financially motivated type of extortion in which victims ...
Tag: Data privacy
House committee advances ABA-backed cybersecurity bill
The House Homeland Security Committee advanced legislation to extend an existing law that enables the federal government to share real-time ...
ABA, associations propose improvements to federal data privacy law
As lawmakers consider legislation on data privacy, they should amend a 1999 law that established privacy requirements for financial institutions ...
CFPB seeks input on Section 1033 data sharing reconsideration
The CFPB is seeking public comment on the costs and challenges of enforcing the Dodd-Frank Act’s data sharing requirements as ...
ABA, associations seek financial institution exemption in possible comprehensive federal data privacy law
ABA joined six associations in requesting that House lawmakers exempt financial institutions from any national multi-sector data privacy law as ...
CFPB to repropose rules on small business lending, data sharing
The CFPB plans to propose rulemaking on small business lending data collection and consumer data sharing before the end of ...
ABA, associations: Fintech groups misrepresent permissioned data sharing
Banks don’t charge consumers fees to access their data, and because of banks’ innovation and investments in secure systems, consumers ...
House committee seeks input on data privacy, possible legislation
The House Financial Services Committee is seeking public feedback on current federal consumer financial data privacy law and potential legislative ...
Court pauses lawsuit over Section 1033 data sharing rule
A federal court granted a stay in a lawsuit challenging the CFPB’s financial data sharing rule after the bureau requested ...
ABA, associations push back against fintech, retailer claims on data sharing rule
ABA joined four banking and credit union associations in correcting the record about several falsehoods made by financial technology and ...
