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The agency plans to issue an advance notice of proposed rulemaking dealing with efforts by fintechs and data aggregators to leverage a consumer's bank account information.
July 24 -
Mobile payments and open banking open a new world of access, but also a need to shore up data protections, says Global Processing Services' Shaun Puckrin.
June 17Global Processing Services -
With data collection, just because you can doesn’t always mean you should, says Equiniti's Sarah Jackson.
October 28Equiniti Credit Services -
In their efforts to understand data privacy regulations and maintain compliance, it’s become clear that a large number of retailers simply don’t know the true whereabouts of their customers’ data, never mind how that data is being used, says Cleo's Dave Brunswick.
July 25Cleo -
The bank is one of many to realize that artificial intelligence is only as good as the data fed into it.
April 1 -
Credit unions are getting better at using data analytics to pitch loan refinancing options to members, though there are still some pitfalls with the strategy.
March 4 -
Both CUNA and NAFCU have responded to the bureau's request for input by raising concerns about cybersecurity, public complaints and more.
January 3 -
Cloud technology can be a boon for credit unions, but it also creates regulatory headaches and opportunities for cybercriminals.
October 16WinMagic -
The bureau's findings and request for information came after acting Director Mick Mulvaney had cited data security as a flaw at the agency.
September 26 -
The European Union’s General Data Protection Regulation could serve as groundwork for future U.S. rules, so analysts suggest credit unions at least begin working toward compliance.
June 5