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April

9
2024
Industry News

Kinecta Federal Credit Union Voted South Bay's Best Credit Union According to Easy Reader's "Best of the Beach" Poll

MANHATTAN BEACH, Calif., March 28, 2024 /PRNewswire/ -- For the fourth year in a row, Kinecta Federal Credit Union was voted Best Credit Union in the South Bay in Easy Reader's 2024 "Best of the Beach" poll. The Easy Reader's annual online poll asks the community to vote for their favorite places to do business, shop and dine in the South Bay and surrounding areas. The "Best of the Beach" designation recognizes Kinecta's commitment to serving the South Bay community.

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April

9
2024
Industry News

New federal proposal aims to unveil Big Tech’s data collection practices

Federal lawmakers unveiled a sweeping new plan Sunday aiming to institute new data privacy and collection rules that include requiring tech platforms to reveal their data collection and sharing practices, grant new data ownership and transport rights to individuals and require that privacy policy statements be shared in clear and easy-to-understand language.

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April

9
2024
Industry News

New Jersey, New Hampshire and Kentucky Enact Data Privacy Legislation

In the ever-evolving landscape of data privacy, states across the U.S. are taking bold steps to protect consumer rights and regulate the handling of personal data. New Jersey, New Hampshire and Kentucky recently signed comprehensive privacy laws—the first three in 2024 to do so.

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April

9
2024
Industry News

CFPB Announces Potential FCRA Expansion Targeting Brokers of Consumer Data

On April 2, at an event at the White House on Data Protection and National Security, CFPB Director Rohit Chopra’s articulated potential changes to the data security regulation landscape and noted that the Bureau is considering rules to amend the Fair Credit Report Acting, tightening the regulation of data brokers that trade in sensitive consumer data.

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April

9
2024
Industry News

CFPB report focuses on ‘discount points,’ but paints an incomplete picture

The Consumer Financial Protection Bureau (CFPB) on Friday issued a report indicating that it is taking a closer look at the impact of “discount points” on mortgage transactions, noting that use of the practice has picked up over the past two years with undetermined value for mortgage borrowers.

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