Customer data

Europe is debating whether to ban screen scraping, a practice that fintechs count on as a last resort. Innovation is at stake.

Readers sound off an attempt to block prepaid regulations, threats to consumer privacy, FSOC’s political bent, the proper use for SARs, and more.

With the reversal of Obama-era rules requiring user consent for data collection, it is more important than ever for U.S. banks and fintechs to demonstrate a robust and consistent approach to data privacy.

Readers weigh in on a notable OCC personnel change, the Scottrade breach, the ability of corporate owners to still be anonymous and more.

Private information about consumer and business accounts was exposed. The bank immediately cited vendor error.

Both standards are confusing and not universally adopted. But both are a necessary baseline to protect merchants and payment companies.

New payment standards have banks worried about compliance costs, but there is an opportunity for innovation for aggressive institutions.

Readers sound off on airing political opinions at the office; putting banks and fintechs under the same regulatory umbrella; putting consumer needs first regardless of tech advancements; and more.

The concept of a primary bank that satisfies all customer needs is becoming a relic of the past, so banks must rethink their revenue models.

Data and analytics tools can help banks and credit unions detect financial patterns that may indicate that human trafficking is occurring.