Gearing Up For The Complicated Worlds of Outsourcing and Offshoring - May 14, 2012 by Dechert LLP on 5/15/2012 In This Issue: - Head in the Cloud? Achieving Savings While Managing Risks in the United States - Country Risk: Illustrated - Consumer Financial Protection Bureau Issues Outsourcing Guidance Excerpt from...more
FTC, CFPB, DOJ File Brief in Suit Challenging FCRA Constitutionality by BuckleySandler LLP on 5/14/2012 On May 8, the FTC announced that it had joined the CFPB and the DOJ to file a brief supporting the constitutionality of the Fair Credit Reporting Act (FCRA). The brief was filed in a lawsuit in the U.S. District Court for the...more
InfoBytes, April 27, 2012 - A Weekly In-depth review of news & developments in the financial services industry. by BuckleySandler LLP on 5/8/2012 Topics In This Issue Sign Up is Easy!; Federal Issues; State Issues; Courts; Firm News; Mortgages; Banking; Consumer Finance; Securities; E-Commerce; and Privacy/Data Security. ...more
Data Breaches: Will You Be Sued, And Can You Lower Risk? by Bryan Cave on 5/2/2012 Originally published in Law360, New York (April 25, 2012, 1:29 PM ET) Statistics regarding data security breaches can be sobering. For instance, according to one widely reported study conducted by the Ponemon Institute,...more
Federal Trade Commission Hosts Public Workshop on Mobile Payments by Davis Wright Tremaine LLP on 4/30/2012 On April 26, 2012, the Federal Trade Commission (“FTC”) held a public workshop entitled “Paper, Plastic . . . or Mobile? An FTC Workshop on Mobile Payments” to examine the use of mobile payments in the marketplace and their...more
The Facebook IPO and Disclosure of Cybersecurity and Privacy Risks: Tips and Lessons for Practitioners by Mintz Levin - Privacy & Security on 4/24/2012 Originally published by Bloomberg Finance L.P. in the Vol.6, No. 12 edition of the Bloomberg Law Reports—Securities Law. The Facebook, Inc. (Facebook) initial public offering last month was probably the most anticipated...more
Key Considerations in Drafting Mobile Disclosures by BuckleySandler LLP on 4/20/2012 Recent developments at the FTC and CFPB provide some guidance on how regulators may approach disclosures on smartphones and other mobile devices. The recent CFPB Remittance Rule on international remittance transfers...more
Credit Processor Pays $1 Million for Data Breach by Lawyers.com on 4/19/2012 Think your credit card information is secure? Think again. Last month, Heartland Payment Systems, a national credit processor, settled a class action lawsuit to the tune of $1 million after a staggering 130 million credit...more
InfoBytes, April 13, 2012 - A Weekly In-depth review of news & developments in the financial services industry. by BuckleySandler LLP on 4/19/2012 Topics In This Issue Federal Issues; State Issues; Courts; Firm News; Mortgages; Banking; Consumer Finance; Privacy/Data; Security; Credit Cards Excerpt from Federal Issues: CFPB Previews Mortgage Servicing...more
Federal Trade Commission to host mobile payment workshop by Mintz Levin on 4/17/2012 Back in January, the FTC announced that it would hold a workshop to examine the use of mobile payments in the marketplace and the effects on consumers. As promised, the workshop has been scheduled for April 26th, with a link...more
SEC and CFTC Propose Identity Theft Red Flag Rules by K&L Gates LLP on 4/13/2012 On March 6, 2012, the SEC and CFTC jointly proposed rules (the “Proposal”) that would require registered broker-dealers, investment companies, investment advisers, commodity trading advisors, commodity pool operators and...more
InfoBytes, April 6, 2012 - A Weekly In-depth review of news & developments in the financial services industry. by BuckleySandler LLP on 4/12/2012 In This Issue: Federal Issues; State Issues; Courts; Firm News; Mortgages; Banking; Consumer Finance; E-Commerce; and, Privacy/Data Security Excerpt from Federal Issues Federal Court Approves Multi-Party...more
FTC Issues New Consumer Privacy Guidelines by Jonathan Foxx on 4/6/2012 In this article, we will take a brief look at consumer privacy protection updates at the Federal Trade Commission (FTC), the watchdog enforcement agency charged with protecting consumer privacy, issued a sweeping revisions to...more
InfoBytes, March 30, 2012 - A Weekly In-depth review of news & developments in the financial services industry. by BuckleySandler LLP on 4/5/2012 Topics In This Issue Share the Latest Financial Services News - Sign Up is Easy!; Federal Issues; State Issues;; Courts; Miscellany; Firm News; Mortgages; Banking; Litigation; Privacy/Data Security; Criminal...more
Anticipating, Understanding and Preparing for New Rules for a New Mobile World by Davis Wright Tremaine LLP on 4/4/2012 In This Presentation: - Overview of mobile payments ecosystem - Financial privacy requirements - Data security and PCI compliance - Mobile communications regulation Major Deal Points - Who contracts with...more