This publication offers insights into how fintech is impacting banking and financial services and how bank supervisors think about risks and opportunities presented by financial technology.
Posted April 25, 2019
Data privacy is quickly becoming a top-of-mind issue for consumers, businesses, regulators, and legislators following the steady stream of media reports about data breaches and data misuse. The United States has a patchwork of federal and state data privacy laws and statutes across industries, but the increasing focus on these issues has, in part, led to the development of new legal frameworks, such as California’s Consumer Privacy Act of 2018 (CCPA). The CCPA is prompting positive debate about how the patchwork of U.S. laws can be improved, but significant ambiguity remains.