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Regulators Want Answers From Uber Over Hidden Hack

PYMNTS

Ride-hailing app company Uber, which made news when it covered up a huge data breach that exposed roughly 600,000 driver’s license numbers, could face investigations by regulators around the globe. 22), regulators in the U.K., s National Cyber Security Centre to determine how large the breach was and how many people in the U.K.

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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. Data privacy and security is a hot topic and is only getting hotter. By Katie Kuehner-Hebert. Bob Hickok.

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Ohio Lottery Makes A New Bet on Mobile

PYMNTS

Not only do gift cards stand as the most popular holiday present, according to the National Retail Federation and other sources, but a Blackhawk Network survey found that “44 percent of consumers surveyed are interested in receiving a gift card to play the lottery, while 43 percent would be interested in giving a lottery gift card.”.

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Partnerships, Pivots And Bookended Data Breaches

PYMNTS

Marcus’ focus will be offering small consumer loans — an area Goldman Sachs has has traditionally avoided but has been pushed toward in recent years as new regulations have forced many venerable Wall Street institutions to think out of the box about revenue streams going forward.

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Bridging Banking Gaps For Cannabis Companies

PYMNTS

Nowhere does that ring truer than in the nascent and growing legal cannabis industry, where billions of dollars flow the old-fashioned way — hand to hand, because of the clash between federal and state regulations over its legality. That’s according to data published at the end of last month, per data from the U.S. without resorting to cash.

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President Biden Issues Executive Order Directing HUD to Review Fair Housing Act Disparate Impact Rule

CFPB Monitor

The two other lawsuits, one in California and the other in Connecticut, also call into question the premise that Inclusive Communities required the changes made by the 2020 Rule and allege that the 2020 Rule’s pleading and burden-shifting standard is arbitrary, capricious, and contrary to law. federal district court challenging the 2013 Rule.