Data privacy

USAA's penalty; GSE reform gets harder; Citizens' buy: Top stories of the week

02/22/19

OCC orders USAA to improve risk management; White House's mixed signals complicate housing finance reform debate; Rhode Island bank snaps up dealmaking boutique; and more from this week's most-read stories.

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Top senators seek input on how to strengthen data privacy

02/13/19

The top Republican and Democrat on the Senate Banking Committee are asking for stakeholders to weigh in on data collection issues as lawmakers consider legislative responses to recent breaches.

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24 million mortgage documents exposed in data security lapse

01/23/19

A security lapse left millions of mortgage records exposed online without proper data protections, according to security researchers.

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Plenty of smoke, but how much fire? Banking’s 2019 legislative agenda

01/01/19

With a divided Congress in place, policymakers will face challenges in passing major financial legislation this year. But there are still a number of core issues set to be debated.

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Banks must brace for renewed privacy fight

12/20/18

Financial institutions had used existing banking laws as a shield against broader privacy protections, but a California law enacted this summer could threaten that strategy.

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Big Brother or big help? Banks defend collecting customers' personal data

10/03/18

To personalize products and services, banks are now tracking all sorts of alternative data sources, even the manner in which customers type in mobile banking apps.

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Danske Bank CEO resigns; Visa, Mastercard offer to settle with retailers

09/19/18

The Danish bank found more than $200 billion of suspicious deals at its Estonian branch; merchants can opt out of the deal as another case on network rules continues.

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CFPB amends rule that gives banks exemptions from privacy notices

08/10/18

The CFPB made changes to a rule that allows financial firms to be exempt from sending annual privacy notices to customers if they meet certain conditions.

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Code names and flowers: Rabobank's novel approach to protecting customer data

07/23/18

Europe's new data privacy rules have forced banks to get creative to protect sensitive data from in appropriate access or breaches.

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Bankroller of California privacy law warns opponents will gut it

07/09/18

Echoing the set of restrictive rules known as GDPR enacted earlier this year by the European Union, the state legislation — which does not take effect until 2020 — will almost certainly be the subject of intense lobbying from business giants that vacuum up all the data.

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