The CFPB Moves Ahead with FCRA Rulemaking to Rein in Data Brokers

CFPB Publishes Report Warning States of Risks of Exempting Financial Institutions from Privacy Laws

November 12, 2024

“Exemptions from state data privacy laws can leave consumers at heightened risk with regard to their financial data,” the report found.

Consumer Privacy
Data Protection
Privacy Laws
U.S. State Privacy Laws
Updates

EPIC, Coalition Call on CFPB to Move Forward in Fair Credit Reporting Act Rulemaking

November 5, 2024

EPIC and a coalition of civil society organizations and experts sent a letter urging the Consumer Financial Protection Bureau to release a proposed rule to strengthen the Fair Credit Reporting Act as soon as possible.

Consumer Privacy
Data Brokers
Data Protection
Privacy Laws
U.S. Privacy Laws
Updates

CFPB Issues New Guidance to Protect Workers from Digital Surveillance Using Third-Party Consumer Reporting Tools

October 25, 2024

The Consumer Financial Protection Bureau (CFPB) has issued guidance to protect workers from digital surveillance.

Artificial Intelligence and Human Rights
Commercial AI Use
Consumer Privacy
Data Brokers
Privacy Laws
U.S. Privacy Laws
Updates

EPIC Publishes Resources on CFPB Data Broker Rulemaking

June 28, 2024

As the Consumer Financial Protection Bureau considers adopting new rules under the Fair Credit Reporting Act, EPIC is publishing a series of resources about the rulemaking process and the urgent need to crack down on data brokers through the FCRA.

Consumer Privacy
Data Brokers
Updates

EPIC Urges the CFPB Not to Delay Fair Credit Reporting Act Rulemaking

December 5, 2023

EPIC joined the National Consumer Law Center and a coalition of 60 consumer, civil rights, healthcare, and advocacy organizations to urge the CFPB not to delay the agency’s planned Fair Credit Reporting Act (FCRA) rulemaking.

Consumer Privacy
Data Brokers
Updates

EPIC Commends CFPB’s Personal Financial Data Rights Rulemaking

December 1, 2023

EPIC joined Public Citizen and a coalition of civil society organizations this week in expressing support for the goals of the CFPB’s proposed Personal Financial Data Rights Rule. The rulemaking aims to enhance consumer privacy and data security and promote competition in the financial services industry.

Competition and Privacy
Consumer Privacy
Data Protection
Updates

EPIC Submits Comments Calling on the CFPB to Strengthen Consumer Reporting Protections

October 30, 2023

Today EPIC called on the Consumer Financial Protection Bureau (CFPB) to strengthen protections for consumers in response to the CFPB's outline of proposals under consideration for its upcoming rulemaking focusing on credit reporting.

Consumer Privacy
Data Brokers
Updates

CFPB and FTC Cite TransUnion for Violations of the Fair Credit Reporting Act

October 12, 2023

Today the Consumer Financial Protection Bureau and the Federal Trade Commission took joint action to protect consumers from violations of the Fair Credit Reporting Act (FCRA) by TransUnion. The agencies found that TransUnion violated rules governing tenant screening and that the company failed to timely place or remove security freezes on users’ accounts.

Consumer Privacy
Data Brokers
Data Protection
Enforcement of Privacy Laws
Privacy Laws
U.S. Privacy Laws
Updates

Why the Supreme Court Must Turn Back Payday Lenders’ Attack on the CFPB’s Existence

October 3, 2023

Today, the Supreme Court will hear arguments in Consumer Financial Protection Bureau (CFPB) v. Community Financial Services Association of America (CFSA). In the case, payday loan companies are trying to evade the CFPB’s consumer protection regulations by attacking the existence of the agency itself.

Consumer Privacy
Data Brokers
Data Protection
Analysis

The CFPB Moves Ahead with FCRA Rulemaking to Rein in Data Brokers

September 28, 2023

The Consumer Financial Protection Bureau took a major step last week toward establishing stronger guardrails for data brokers and better protections for consumers.

Consumer Privacy
Data Brokers
Analysis

Tag: Consumer Financial Protection Bureau