HARRISBURG, Pa. - (06/21/05) -- Recent incidents of mass theft ofpersonal data is expected to give a boost to several billsintroduced in the state legislature aimed at thwarting identitytheft and other unauthorized uses of consumers' personalinformation. One of the bills would require that all businessesnotify their customers, not just their credit agencies, if theylearn that personal information has been compromised. Another wouldmake it crime for someone to install spyware, software used tosteal personal information or steer ads to a computer user, onsomeone's computer without permission, or with the intention ofcollecting personal information. The introduction of this billcomes after the U.S. House passed a similar anti-spyware bill,which would create monetary and criminal penalties for spywarepurveyors. Others measures being proposed would: allow individualsto put a security alert on their credit report, if they suspectsomeone has stolen their credit information; allow cell phonecustomers to opt out of a company's subscriber directory; woulddiscourage businesses and government agencies from posting SocialSecurity numbers online; and require the state Department ofTransportation to issue a new driver's license number to anyone whocan show that he's been the victim of identity theft.
-
The Consumer Financial Protection Bureau is rescinding two rules issued under former CFPB Director Rohit Chopra that required nonbanks to register court orders, plus terms and conditions of contracts.
6h ago -
The payments giant had a "better than expected" fiscal fourth quarter, and said it expected that momentum to carry through the holidays. It's also looking forward to tailwinds brought by the Olympics and the FIFA World Cup in 2026.
7h ago -
Brian McEvoy, chief retail banking officer at Webster Five in Central Massachusetts, says community banks are in a unique position to serve more small businesses. He was a speaker Tuesday at American Banker's 2025 Small Business Banking conference.
11h ago -
The global financial services company is providing BaaS infrastructure to the digital asset branch of investment platform WisdomTree.
11h ago -
Park National Corp's $317 million, all-stock deal for First Citizens Bancshares would give the buyer a presence in markets that are expected to grow faster than its legacy Ohio footprint.
11h ago -
Anchorage Digital Bank, Custodia Bank and Erebor Bank could be among the first recipients of limited, special-purpose payment accounts recently floated by Federal Reserve Gov. Christopher Waller.
October 28





