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Data privacy: How to keep customer data safe

Independent Banker

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. Shielding sensitive customer information from prying eyes remains a chronic industry challenge. By Katie Kuehner-Hebert.

Data 91
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Accounting About-Face

Independent Banker

She explained why lawmakers should exempt community banks from Basel III capital rule. Community bankers score big changes in final credit-loss standard. To their credit, federal regulators have already showed they are on board with the approach laid out in FASB’s final standard. Senate Banking Committee. By James Kendrick.

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The Digital Evolution Of The Online Gaming Ecosystem

PYMNTS

Congress can regulate sports gambling directly, but if it elects not to do so, each state is free to act on its own.”. RotoGrinders is a website that provides the DFS community with various bits of data, including game-specific weather forecasts. The firm entered the public markets with a valuation of $3.3

Online 134
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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Pat McHugh, senior vice president of North American lottery systems at Scientific Games, said at the time that the gift cards will add a degree of flexibility to an already popular market. In Connecticut, for example, you cannot buy tickets with a credit card. Lotto and Payment Cards. And those rules come in different flavors. “In

Ohio 103
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CFPB and DOJ announce redlining settlement

CFPB Monitor

The bank engaged in limited marketing outside of its branch network that focused on neighborhoods with relatively few Black and Hispanic residents and therefore “failed to advertise meaningfully in majority-Black-and-Hispanic neighborhoods.”

NJ 60
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Why Facebook’s Business Model Isn’t Its Biggest Problem

PYMNTS

As a firm, Cambridge Analytica makes some pretty big claims in general – namely, that it can take raw personality data from subsets of voters and develop complex models of individuals, which campaigns can then use to target and micro-target voter communities to move elections their way. Cambridge Analytica. The Apology Tour.

Maine 105