Many of our readers questioned me after the Wall Street Journal article this week entitled: “Facebook to Banks: Give Us Your Data, We’ll Give you Our Users.” The questions ranged from “Can they really do this?” to “This is...more
Why it matters - A rule allowing financial institutions to post their annual privacy notices online (rather than having to mail them to customers individually) has been finalized by the Consumer Financial Protection...more
On October 20, the CFPB adopted the rule, previously proposed in May, allowing financial institutions that limit sharing of consumer data to post annual privacy notices online instead of delivering such notices...more