Banking Information news and trends

Quick Reads
CFPB Director Calls for Stronger Data Protections

October 06, 2023
Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), has reportedly expressed concerns about the potential risks posed by payment systems that enable excessive surveillance and financial censorship.  In a Friday (Oct. 6) speech at the Brookings Institution, Chopra emphasized the need for stronger protections against the misuse of personal data and highlighted the importance of maintaining […]