The Consumer Financial Protection Bureau ("CFPB"), Department of Health and Human Services ("HHS"), and United States Treasury have issued an interagency Request for Information ("RFI").
Our lawyers provide an overview of some of the most significant developments in cybersecurity and data privacy in the United States in 2022 and look ahead to trends for 2023.
On Dec. 12, 2022, the Consumer Financial Protection Bureau ("Bureau") issued a proposed rule ("Proposed Rule") which would require nonbank covered persons (subject to certain exceptions).
Welcome to Wilson Sonsini’s Focus on Fintech quarterly newsletter. This quarterly newsletter provides ongoing analysis and commentary on regulatory developments impacting the fintech.
In 2020, the CFPB blogged that Regulation B's flexibility can be compatible with AI algorithms, because "although a creditor must provide the specific reasons for an adverse action…