Collaborate Disseminate
By giving the public greater control over their banking data, the Consumer Financial Protection Bureau’s proposal would deal a blow to data brokers.
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Asurity announces David Roell has joined the company as Vice President, Compliance Products and Analytics at its subsidiary RiskExec. Prior to joining the Asurity organization, David served as Lead Data Scientist, HMDA Operations at the Consumer Financ… Continue reading Asurity appoints David Roell as VP, Compliance Products and Analytics at RiskExec
Neustar has launched Neustar TRUSTID Solutions, a suite of solutions designed to help organizations reduce fraud, improve contact center efficiency and comply with consumer protection regulations. Mistrust permeates today’s connected world, creating ne… Continue reading Neustar TRUSTID Solutions helps orgs improve contact center efficiency and comply with regulations
Equifax has agreed to pay at least $575 million, and potentially up to $700 million, as part of a global settlement with the Federal Trade Commission, the Consumer Financial Protection Bureau (CFPB), and 50 U.S. states and territories, which alleged th… Continue reading What you should know about the Equifax data breach settlement
Credit monitoring firm Equifax has agreed to pay up to $700 million to settle investigations from U.S. regulators and state attorneys stemming from the 2017 data breach that compromised personal information about 147 million people. The penalty includes payments of $425 million to affected customers, $100 million in payments to 48 states, the District of Columbia and Puerto Rico, and also pay $100 million to resolve a federal investigation from the U.S. Consumer Financial Protection Bureau, which examined the company in cooperation with the Federal Trade Commission, regulators said Monday. The deal is the largest settlement resulting from a data breach in U.S. history. It comes nearly two years after Equifax revealed hackers had accessed U.S. citizens’ Social Security numbers, credit data, addresses, birth dates and some driver’s license numbers because of flaws in the company’s technology. Attorneys are scheduled to propose the deal to a court in Atlanta on […]
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Later this month, all of the three major consumer credit bureaus will be required to offer free credit freezes to all Americans and their dependents. Maybe you’ve been holding off freezing your credit file because your home state currently charges a fee for placing or thawing a credit freeze, or because you believe it’s just not worth the hassle. If that accurately describes your views on the matter, this post may well change your mind. Continue reading In a Few Days, Credit Freezes Will Be Fee-Free