Data Privacy & Security Data Privacy & Security

US consumer-finance watchdog should take 'hard look' at Big Tech’s entry into financial services, Chopra says

By Neil Roland
  • 03 Mar 2021 14:26
  • 03 Mar 2021 15:34
Rohit Chopra, President Joe Biden’s nominee to head the US Consumer Financial Protection Bureau, said the agency needs to better understand how technology giants’ entry into financial services will affect consumers’ privacy and personal information, as well as companies’ ability to discriminate.

This entry “will change financial services fundamentally, and we must ensure

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