The House Financial Services Committee’s ranking member, Patrick McHenry, released a draft bill on June 23 that seeks to modernize financial data privacy laws and give consumers more control over how their personal information is collected and used. “This proposal will modernize the current framework...
There are folks who prefer quick-service restaurants (QSRs) to independent eateries, while others can’t say no to a five-course meal with fine tableside service. It takes all kinds to make a consumer base, and dining serves them all, catering more now to their unique preferences....
Today is Wednesday, June 15 and retail sales for May will be reported by the Commerce Department today at 8:30 a.m., forecasted to rise 0.2% month over month, well below April’s 0.9% increase. The Federal Reserve is anticipated to escalate its fight on inflation this...
On Wednesday (May 25), European Data Protection Supervisor (EDPS) head Wojciech Wiewiorowski said that people should have more choices and opportunities about their own information, and the level of privacy shouldn’t be decided far away, in a clear reference to the decisions made by tech...
The pandemic has pushed the digital shift forward by three to five years minimum, and that’s made it easier — and more attractive — for high-earning millennials and bridge millennials to open financial accounts. It’s also intensified the focus on the data consumers share to...
The U.K. Financial Conduct Authority is calling on stakeholders to provide input about the use of synthetic data to support financial services innovation. In a public consultation launched on March 31, the regulator highlighted the benefits of this type of data and how it could...
When fleet managers can access the telematics data from their vehicles through their fleet management system, they can see where their vehicles are, how those vehicles are being driven and when those vehicles will be due for maintenance. When they can do so by tapping...
U.S. President Joe Biden and European Commission President Ursula von der Leyen announced on Friday (March 25) that the U.S. and the European Union have reached a preliminary agreement that would allow digital data transfers between the two regions. “I am very pleased that we...
Imagine: a check engine light appears on the dashboard, and your connected car sends alerts to an auto parts store so they can make sure they have the parts on the shelf and to a repair shop so they can have the information they need...
