PrivacyCheq, a financial technology company in York, Pa., has launched a service that hosts streamlined versions of banks' privacy notices that can be pushed out to smartphones, tablets and desktops.
The cloud-based product was designed in response to a proposal from the Consumer Financial Protection Bureau aimed at reducing the number of banks that mail privacy notices to their customers.
The product also includes short videos that explain how banks' privacy polices work.
"PrivacyCheq provides an electronic replacement for the paper form that gives consumers the privacy transparency they want, on the mobile devices they carry with them," said Roy Smith, the chief executive of PrivacyCheq, in a press release Monday.
PrivacyCheq is a division of AgeCheq, a regulatory compliance service for game developers, also based in York, Pa.