On January 13, 2025, we published a client alert in which we warned that the plaintiffs’ bar had begun adapting theories used in a wave of healthcare website-tracking class actions to target financial institutions, and...more
4/21/2026
/ CIPA ,
Class Action ,
Consent ,
Consumer Privacy Rights ,
Cookie Banners ,
Cookies ,
Data Privacy ,
Data Protection ,
Financial Institutions ,
Gramm-Leach-Blilely Act ,
Litigation Strategies ,
Personal Jurisdiction ,
Privacy Laws ,
Privacy Policy ,
Putative Class Actions ,
Risk Management ,
State Privacy Laws ,
Third-Party Risk ,
VPPA ,
Web Tracking ,
Wiretap Act
Banks and credit unions are preparing for the loss of interchange fees on Illinois debit and credit card transactions following the court’s decision in Illinois Bankers Association et al. v. Raoul, No. 24-7307 (N.D. Ill. Feb....more
3/23/2026
/ Appeals ,
Banking Sector ,
Banks ,
Credit Unions ,
Financial Institutions ,
Illinois ,
Injunctions ,
Interchange Fees ,
New Legislation ,
Payment Systems ,
Penalties ,
Preemption ,
State and Local Government ,
State Attorneys General
The U.S. Department of the Treasury has released two new artificial intelligence (“AI”) resources intended to help banks and other financial institutions adopt AI more securely and consistently: (1) an Artificial Intelligence...more
3/3/2026
/ Artificial Intelligence ,
Banking Sector ,
Cybersecurity ,
Due Diligence ,
Financial Institutions ,
Financial Services Industry ,
Government Agencies ,
New Guidance ,
NIST ,
Regulatory Oversight ,
Risk Assessment ,
Risk Management ,
U.S. Treasury