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Humans Are 98% Emotional and 2% Rational
but no cigar
Impact on financial institutions and consumers
What “control” means
Chief Executive Officer
Open Banking/Section 1033 Humans Are 98% Emotional andWe have been hearing the rumblings about the CFPBs Section 1033 of the Dodd Frank Act for some time, but do we fully understand the impact to our customer data, the expectations of information security and the continued emphasis on vendor due diligence? Banks, as covered data providers, will need to have compliance procedures around responding to requests from consumers making their covered data available to them in electronic format. We will talk
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