Financial Services Financial Services

Lendistry faces claims it accessed private financial data in California to train AI systems

By Mike Swift
  • 01 Nov 2024 23:10
  • 01 Nov 2024 23:10
In a suit that alleges improperly accessed private financial data was used to train generative AI models, Los Angeles nonbank lending company Lendistry faces an array of novel privacy and negligence claims over its actions in administering $200 million in Covid-19 relief grants for the state of California.
Lendistry,

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Mike Swift

Chief Global Digital Risk Correspondent


Mike Swift is an award-winning journalist who has been at the forefront of covering data, privacy and cybersecurity regulatory news for more than a decade. As the Chief Global Digital Risk Correspondent for MLex, in addition to reporting, he coordinates MLex’s worldwide coverage in the practice area. Formerly chief Internet reporter for the San Jose Mercury News and SiliconValley.com, Mike has covered Google, Facebook, Apple, Microsoft, Twitter and other tech companies and has closely tracked technology and regulatory trends in Silicon Valley. He has wide ranging expertise from the business of professional sports to computer-assisted reporting. A former John S. Knight Fellow at Stanford University, he is a graduate of Colby College.

Discover MLex

Stay on top of global regulatory developments

Latest News