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The new group should look at protecting consumer data and how nonprime financial consumers are treated through new regulations.January 22Policy analystCato Institute
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Banks are increasingly sharing data and must brace for new regulations protecting that data.December 11CEOCCG Catalyst
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The CFPB has promised an equal-access rule for small-business lending for nearly a decade. But Apple’s recent discrimination inquiry into its credit card could force the agency’s hand.November 21Head of global policyKabbage Inc.
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The fast-growing data company, which says its mission is to help banks be better consumer advocates, will use its cash infusion for hiring, software development and new partnerships.June 25
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An all-virtual future remains far off, as conversational programs still aren’t capturing the nuance of speech and chatbots have disappointed many customers.September 27
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New European Union privacy rules could serve as a guide for U.S. banks.May 24CEO and Vice ChairmanPrivate Client Resources
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In a survey, bankers conceded they may not be doing enough to avoid the mistakes social media giants made in the use of unverified data.April 24
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A broad network of financial data, such as utility payments and direct deposits, could help those without established credit histories better obtain loans. It might also help lenders make more accurate underwriting predictions.April 3Entrepreneur-in-ResidenceCenter for Financial Services Innovation
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A whistleblower charges that during the Obama administration, Treasury's Office of Financial Research manipulated information that it provided during a review by the Governmental Accountability Office.December 7
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Alternative data can be beneficial for individuals locked out of the financial system’s more conventional data types, but such data is open to manipulation or biased interpretation.December 7Associate PartnerIBM Global Business Services