On 22nd October 2024, the Consumer Financial Protection Bureau (CFPB) released the final personal financial data rights rule. We provide a comprehensive overview that includes key differences, compliance timelines, definitions of involved entities and their compliance responsibilities, and potential impacts on the consumer transactional data industry.

Given recent events, it is likely worth diligencing data providers who source data from consumer reward programs and apps to ensure customers are getting what they were promised.

On 28 February, President Biden signed an executive order that aims to prevent countries of concern from procuring Americans' data, which may pose privacy, counterintelligence, blackmail, and other national security risks. The order directs the Department of Justice and other relevant agencies to create rules to restrict and control the sale or transfer of certain sensitive information.

The blog post makes us think that we will see FTC action connected to unique identifiers in the near future, whether hashing or otherwise. Data buyers and providers should monitor this and consider how any actions might affect them.

The bureau's proposed regulations will undoubtedly affect the alternative data space, and we believe these effects will be significant.

There has been a lot of focus on the CFPB's forthcoming open banking rule, but we'd like to call attention to the agency's plans to regulate data brokers under the Fair Credit Reporting Act (FCRA), which we believe will affect a variety of data providers.

We’ve thought connected vehicular privacy issues were a powder keg for a while now, and it seems the match has been lit.

Will the SEC's recent triumph in its shadow trading case impact alternative data compliance? We think it should. 

We look at vendors’ answers to key questions from our due diligence questionnaire and what buyers can learn from them. In this report, we cover sections on technology and intellectual property, web-scraping and contract excerpts.

Location data has been a riskier category in the past couple of years, but with the FTC announcing charges against Outlogic, formerly X-Mode Social, on January 9th and InMarket on January 17th, it started 2024 with a bang.