Equifax

What will it take for Congress to act on a data breach?

12/07/18

Familiar recriminations and calls for legislation from lawmakers followed the massive hack of the Starwood hotel chain, but will Capitol Hill actually do anything?

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In praise of Gerspach; Equifax’s other concern

09/13/18

Bullish update by the accomplished Citi CFO boosts shares; credit bureau may have been distracted by prior incident.

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Two lawmakers urge CFPB, FTC to keep pressure on Equifax

09/07/18

Sen. Elizabeth Warren and Rep. Elijah Cummings have called for an update on probes into the credit reporting giant a year after its massive data breach came to the light.

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D.C. was up in arms over Equifax breach — what happened?

09/05/18

Following news of the breach, congressional hearings for the company’s ex-CEO and other blowback were accompanied by legislative calls to action. But a year later, did policymakers do anything?

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Bill to enhance poor credit scores will backfire, critics say

07/30/18

Allowing alternative data such as rent and utility payments has bipartisan support, but some say it could create more problems than it solves.

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A chance for consumers to 'know what the credit bureaus know'

07/12/18

Senators at a hearing Thursday discussed a bill establishing an online portal for consumers to monitor their credit reports free of cost.

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Equifax reaches deal with 8 states on steps to avoid future breaches

06/27/18

Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties.

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Fed sets bank exposure caps; Equifax hires IBM AI expert

06/15/18

Largest banks would be limited on how much risk they could have with each other; the credit bureau has hired the former head of the computer giant's Watson unit.

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Firestorm over faulty accounts is just beginning

06/08/18

Institutions that have been opening consumer accounts without consent need to prepare for the fallout, even if the OCC has said it won't name names.

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What’s behind rising delinquencies on private-label credit cards

05/23/18

It’s not just weaker underwriting and higher household debt levels that are driving past-due rates to their highest levels in seven years.

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