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.
The Role of Individuals in the Data Ecosystem: Current debates and considerations for individual data protection and data rights in the U.S.
Posted June 3, 2020
We are living in a time of immense technological change, driven in part by our ability to capture data, convert it into new information, and use that information to inform decision-making, automate activities, and develop new products and services. Unfortunately, information can also be used to manipulate actions, discriminate on improper grounds, and open once intimate spaces up to unforeseen dissection and analysis. A growing range of stakeholders and policymakers are acknowledging the need to more proactively balance the benefits and risks of this data explosion, and there are robust conversations occurring across the country around the potential for improving and expanding U.S. data governance regimes.