News & Analysis as of

Data Security Data Collection Financial Services Industry

Orrick, Herrington & Sutcliffe LLP

CFPB requests information on data protection

On January 15, the CFPB published to the Federal Register a Request for Information (RFI) on the collection, use, sharing and protection of consumer payment and personal financial data by companies offering financial products...more

K&L Gates LLP

Overview of the CFPB's Proposed Open Banking Rule and Final Industry Standard Setting Rule

K&L Gates LLP on

The financial services and banking industry landscape continues to evolve in the face of new and emerging technologies. This phenomenon is especially prevalent in the sharing of consumer data between financial institutions...more

Womble Bond Dickinson

[Webinar] Innovation Interchange Summit: The Power Of Cross-Industry Insight - May 16th, 11:00 am - 4:00 pm ET

Womble Bond Dickinson on

Powerful ideas emerge when you look at something through a completely different lens. And when two parties come together to share those unique perspectives? That’s when the magic happens. Womble Bond Dickinson’s virtual...more

Venable LLP

CFPB Releases FCRA Rulemaking Outline Topics

Venable LLP on

The Consumer Financial Protection Bureau (CFPB) is currently considering a rulemaking to address various consumer reporting topics under the Fair Credit Reporting Act (FCRA) and has released an Outline of Proposals and...more

Jackson Lewis P.C.

New York Legislature and Enforcement Agencies Remain Active on the Data Privacy and Security Fronts

Jackson Lewis P.C. on

At the start of 2023, the New York State legislature introduced several privacy-related bills. One of those bills, S365, appears to be gaining momentum. It was reported and committed to the Internet and Technology Committee...more

J.S. Held

Off-Channel Communications: How Financial Services Organizations Can Address Regulators’ Latest Target

J.S. Held on

As a number of recent headlines demonstrate, the U.S. Securities and Exchange Commission (SEC) and other regulators have fined and penalized employers and employees in the financial services industry for non-compliance with...more

Bricker Graydon LLP

B2B lenders: What you need to know about the CCPA amendments

Bricker Graydon LLP on

Recently, the California Assembly passed a number of amendments to the California Consumer Privacy Act (CCPA), which reduces the requirements for B2B lenders operating with customers located in California. ...more

Akin Gump Strauss Hauer & Feld LLP

New Guidance on Application Programming Interfaces (APIs) in the ADGM

On October 14, 2019, the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM) published guidance on the development and use of Application Programming Interfaces (APIs), including their design,...more

Herbert Smith Freehills Kramer

Artificial Intelligence in Financial Services: Tips for Risk Management

Technology is rapidly changing the way investment advisers deliver services to their clients. Funds are now using a range of technology solutions, from advanced trading algorithms to artificial intelligence and machine...more

Robinson & Cole LLP

Data Privacy + Cybersecurity Insider - December 2017

Robinson & Cole LLP on

The Consumer Financial Protection Bureau (CFPB), one of the watchdogs of the financial services industry, has announced through Acting Director Mick Mulvaney that it will no longer collect personal information of consumers...more

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