CFPB Monitor

SEPTEMBER 16, 2019

On the last day of California’s 2019 legislative session, by a vote of 61 to 8, the California State Assembly overwhelmingly passed Assembly Bill 539 , the Fair Access to Credit Act. As we’ve previously covered , AB 539 makes significant amendments to the California Financing Law.

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California National Security Report 60

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JUNE 16, 2020

But Kellerman and other security experts advocated at the hearing for legislative measures, such as modernizing anti-money laundering (AML) and forfeiture rules and moving the Secret Service to the Treasury Department, to help combat the threat.

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US Cyber Security Security National 227

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DECEMBER 18, 2020

Sources couldn't say exactly how many people had been affected by the attacks, and the Department of Homeland Security (DHS) is continuing to investigate. In addition to this latest attack, another also recently happened involving the California cybersecurity firm Fire Eye, less than a week ago. The DHS said on Thursday (Dec.

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Report Software Security California 218

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SEPTEMBER 26, 2018

California Attorney General Xavier Becerra and San Francisco District Attorney George Gascón announced on Wednesday (Sept. In a press release , the two AGs said the settlement also covers charges that Uber violated reasonable data security laws with its 2016 breach of driver and customer information.

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San Francisco District of Columbia Data California 172

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JUNE 4, 2019

California has proposed gig economy legislation that could potentially change workers’ classifications from independent contractors to actual employees, which would make them eligible for the benefits pertaining to that status, according to a report by CNBC. The California Governor Gavin Newsom has not said whether he supports the bill. “A

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CA Los Angeles California Oregon 155

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AUGUST 9, 2020

District Court for the Southern District of California, where TikTok’s American operations are based, as soon as Tuesday (Aug. 11), National Public Radio (NPR) reported, citing a source. It also alleges that the administration’s national security justification for the order is untrue. “It’s

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Report US social media Video 164

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OCTOBER 23, 2020

A request from the Department of Justice (DOJ) to change a decision that let Google and Apple keep providing WeChat for download in app stores in the United States had been turned down by a federal judge in California, Reuters reported. DOJ has contended that WeChat poses a risk to national security, as it has with the TikTok video program.

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United States New York National Mobile 161

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DECEMBER 9, 2019

9), its second-largest housing market in the nation, GeekWire reported. San Diego and the Inland Empire areas already had Zillow Offers, and the company’s LA expansion covers much of Southern California. Zillow Offers launched in Los Angeles and Orange County on Monday (Dec.

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JULY 16, 2018

New rules may loom for technology providers pertaining to privacy — on a national level. The push comes in the wake of California passing legislation that allows consumers to demand that companies disclose how and why they are collecting data.

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FEBRUARY 28, 2020

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. At least two local CUs — First Choice Federal Credit Union and Inspired Federal Credit Union — even filed class-action lawsuits against Wawa for not adhering to best security practices.

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MARCH 2, 2020

The February 2020 The Credit Union Tracker ® notes that many CUs already utilize the Automated Cybersecurity Examination Tool provided by the National Credit Union Administration ( NCUA ). That program is detailed in the February Tracker, as are efforts including the California Consumer Privacy Act (CCPA).

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California Fraud Pennsylvania Community 130

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MARCH 19, 2020

Phone scammers claiming to be from the Centers for Disease Control and Prevention (CDC) are saying they have a vaccine to cure the coronavirus (COVID-19), and are asking for credit card and Social Security numbers from unsuspecting victims to reserve it, according to a report by The Verge. Do not fall prey!” Thank you.”.

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AUGUST 21, 2020

The California firm provided its investors with financial information before the intended market introduction. Securities and Exchange Commission (SEC), telling the organization about its plans. Palantir registered $742.5 million in revenue last year, marking an increase of almost 25 percent from the prior year.

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AUGUST 5, 2020

A report by the California-based agency, whose mission is to prevent consumers from being defrauded online by learning the identity of individuals or organizations, revealed the number complaints about coronavirus scams has doubled in most states. SocialCatfish.com, the identity verification nonprofit, reported U.S.

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Study Fraud Pennsylvania California 280

Independent Banker

OCTOBER 1, 2022

But as the prevalence of security breaches grows, so do the opportunities for community banks to position themselves as guardians of their customers’ personal data through compliance, technology and relationship building. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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Data How To Community Bank California 91

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MARCH 7, 2019

Data privacy and security is becoming a popular political issue, and the latest proof of that came Thursday (March 7) on Capitol Hill. The hearing took place at a time of increasing scrutiny for online privacy and security. During a hearing for the U.S. Equifax disclosed the hack in September of 2017.

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Data Security National Online 177

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OCTOBER 24, 2018

and in the wake of GDPR, which of course took effect in May, there exists the California Consumer Privacy Act of 2018, known colloquially as CCPA. economy that it is difficult for a company to treat California consumers differently than they treat non-California consumers. Here in the U.S.,

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Data US California Guidelines 122

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AUGUST 27, 2019

percent, it was only the seventh-most important priority among CUs, which are instead focusing on open banking options that offer anti-money laundering (AML), data security and instant payments technology. The scrutiny isn’t stopping mergers, however, as two of the largest CUs in Southern California are set to become one early next year.

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Data Report Los Angeles California 122

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MAY 5, 2020

In addition to New York, the program is now available for SNAP recipients in Alabama, Arizona, California, Florida, Iowa, Kentucky, Nebraska, New York, Oregon and Washington. The ability for grocers to enable safe and secure ecommerce, for all of their customer segments, remains critically important to their success.”.

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JANUARY 13, 2020

The PYMNTS January 2020 Digital Identity Tracker examines the issues, as well as advances in mobile biometric security, “deepfake” detection and more. Among those not tuning it out is the National Retail Federation (NRF), which has complained about the EMV-PIN weakness and the liability issues it creates for NRF members.

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Trends Fraud Cards National 136

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JULY 13, 2020

Securities and Exchanges Commission (SEC) charged California’s Abra for failing to register before offering and selling securities-based swaps. The company did not transact those swaps on a national registry, according to a press release. And, the U.S.

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Taxes Bitcoin Capital cryptocurrency 170

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FEBRUARY 20, 2020

We provide that network in the middle … [but] you need comprehensive IoT security architecture in any of those critical IoT environments.”. Security will need a top-down inspection as 5G becomes ubiquitous. Along with that come the same security and fraud concerns that attended the 4G/LTE world. Brave New World of 5G.

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Leadership Technology Security California 237

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JANUARY 29, 2020

The National Institute for Smart Governance (NISG) in India has published a report recommending that laws around blockchain should be based on what the technology does, and not the technology itself, according to a report Tuesday (Jan. said that national policy might not be enough in terms of crypto regulation. . “We

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Bitcoin Regulation blockchain Delaware 132

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APRIL 4, 2019

In recent months lawmakers raised concerns that ZTE and Huawei equipment could present a national security risk, asking government agencies to not do business with the two Chinese companies. The call on the part of MIT comes as tensions between China and the U.S. Department of Justice in January alleged Huawei violated U.S.

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Minnesota Massachusetts National California 108

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JUNE 15, 2018

After receiving preliminary approval for a settlement last July, Wells Fargo said that it has received final approval from a California court to settle a class action suit. Wells Fargo announced in May that it had agreed to pay $480 million to settle a securities fraud class-action suit. To claim funds, customers have until July 7.

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California Fraud National Security 109

Independent Banker

DECEMBER 31, 2022

According to a court filing in California, the CFPB plans to issue a final rule implementing Dodd-Frank Section 1071 small business (generally, those with gross annual revenues of less than $5 million) reporting requirements by March 31, 2023. Interest at the state and national level is expected to continue in 2023. Evolving risks.

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Compliance FDIC Community Bank Community 100

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JULY 16, 2019

FinTech Lendbuzz has announced Monday (July 15) that it has secured an additional $150 million in debt and equity financing led by 83North, with participation from existing investors. credit history to help them secure financing for auto loans. credit history to help them secure financing for auto loans.

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Fintech United States Florida California 122

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MARCH 29, 2016

That is arguably what Amazon is doing with its method of internal security at some of its warehouses, which — as reported earlier this month — broadcasts on flatscreen TVs incidents of attempted (and failed) theft by workers and the penalties that befell them for their efforts (always job termination, sometimes arrest).

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Security Retail Florida Survey 100

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NOVEMBER 29, 2018

In the November Intelligence of Things Tracker , PYMNTS examines the forces pushing IoT adoption forward, the security risks holding it back, and how public and private sectors seek to strike the right balance. Recently, the National Institute of Standards and Technology drafted a report advising federal agencies on IoT security.

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Trends Security Study California 173

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FEBRUARY 20, 2019

The program will enable Thumbtack customers who hire a house cleaner in California or New York to contribute a suggested $5 per cleaning, which can then be used by the professional for benefits including paid time off and disability, accident, critical illness and life insurance. “We

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New York California Security Meeting 101

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OCTOBER 15, 2020

Aaron and Lindsey Fisher of California shared with CNBC their story of being robbed of a payment of $931,235 they made as part of purchasing a $1.4 They stole a lot of financial security,” Aaron Fisher said. The network said scammers have taken “$220 million this year, much of it diverted to China and gone forever.”.

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Fraud Report America California 162

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MARCH 30, 2020

To that end, Chief Information Officer Dave Stafford and Chief Information Security Officer David Bryant of PSCU , a credit union service organization, told PYMTNS that trust and collaboration are key among the efforts to protect consumers. CUs can examine their strengths and weaknesses against CUs of the same size and see how they compare.

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Tools Fraud Data Security 143

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APRIL 1, 2020

This legislation represents a significant breakthrough – the first time a state or nation has passed a new law devoted exclusively to putting guardrails in place for the use of facial recognition technology,” Smith said in the post. Other cities following suit include Berkeley and Oakland, California and Sommerville, Massachusetts.

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OCTOBER 13, 2017

Foreign property buyers appear to have gotten that message, if research from the National Association of Realtors (NAR) is any indication. The nation, notably the areas of Toronto and Vancouver, is seeing a high influx of buyers purchasing properties due to the region’s low interest rates. Global Real Estate Bargain Shopping.

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California National New Jersey Report 171

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SEPTEMBER 30, 2020

The ongoing COVID-19 pandemic is accelerating this shift, making financial institutions (FIs), merchants and their regulatory officials race to secure these new digital users. MENA nations’ original rules involved data privacy, but they were focused on developing the open banking ecosystem and allowing information to move freely.

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Regulation Data Regional Examples 175

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MAY 13, 2019

The latest research comes as the G7 nations prepare for a cross-border cyberattack simulation. Cyber experts at Onapsis said last week that 1 million SAP systems were found to be vulnerable to hacking as a result of a security flaw. PYMNTS runs through the data points of all these stories and research reports, plus more, below.

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Baltimore Wyoming Data Security 128

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JULY 7, 2020

According to airport checkpoint data the federal Transportation Security Administration (TSA) shares publicly, U.S. The same dataset also shows a surge in COVID-19 infections this month in some states, with the surge especially acute in Florida, South Carolina, Arizona, Delaware and California.

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