Links in “Privacy”
- Bitcoin: Transactions Less Anonymous Than Many Think
Those who are attracted to Bitcoin assuming their transactions aren't trackable by the government may be in for a surprise. [5/23]
- Perfecting Privacy Protection
The Bureau of Consumer Financial Protection is proposing to amend Regulation P, which requires financial institutions to provide an annual disclosure of their privacy policies to customers. In response to growing concerns of overburdening both institutions and consumers, delivery alternatives have been proposed to ease the process of providing privacy protection. [5/13]
- Senators Propose Changes to Privacy Notices
Senators Sherrod Brown and Jerry Moran are urging adoption of their Privacy Notice Modernization Act, which eliminates the requirement to send privacy notices on an annual basis. In exchange, credit unions and other financial institutions would have to make their privacy notices always available for their account holders. [5/9]
- 3 CFPB Proposals: Reason for Optimism?
Three CFPB proposals provide a rare bright spot for those who have been navigating complex compliance regulations lately. A look at proposed rules on privacy disclosures, Ability-to-Repay/Qualified Mortgage rules, and Remittance Rule. [5/9]
- Bankers’ Group Lends Support for CFPB Rule of Privacy Notices
It's not often that bankers and the CFPB see eye to eye, but when it comes to the CFPB's proposal to let banks post privacy notices online, instead of having to mail paper-based copies to their customers, the ICBA lends its full support. [5/9]
- CFPB’s Privacy Proposal Comes with Strings Attached
The CFPB proposes a rule to promote more effective privacy disclosures from FI to their customers. The proposal includes constant access to privacy policies, limited data sharing, comparison shopping, and being cheaper for companies to notify consumers of privacy practices. If FI's share information unaffiliated third parties they are not eligible. [5/7]
- Here’s What’s on CFPB’s Radar for the Rest of 2014
Payday lending, prepaid cards, privacy notices are priorities for the CFPB in the coming months, according to its general counsel. [4/14]
- New COPPA Method Approved
New Childrenâs Online Privacy Protection Act (COPPA) parental consent method approved by FTC is knowledge-based identification or âout-of-walletâ information, which focuses on info that cannot be determined by looking at an individualâs wallet and are difficult for someone other than the individual to answer. [12/24]
- Ring out the Bells: NCUA’s Final Board Meeting ’13
NCUA Board goes final for meetings and various actions including rules to allow FCUs to invest in hybrid accounts to fund charitable causes under certain conditions as well as a reduced budget for 2014. Proposal on examiner safety, member access, and privacy at home-based FCUs presented along with update on mortgage rules. [12/13]
- Issues on Which Banks and CUs Can Agree: Patent Trolls and Privacy Notices
Two joint trade association letters sent to Congress regarding patent trolls and privacy notices. [11/4]
