Remove CFPB Remove GLBA Remove Privacy
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How the CFPB’s 1033 Final Rule Differs from the Initial Proposal

Finovate

financial services community has been waiting for for at least a year– the Consumer Financial Protection Bureau (CFPB) issued its final 1033 rule making. The new rule, issued in the form of a 594-page document, aims to enhance consumers’ rights, privacy, and security over their own personal financial data.

Rules 52
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Compliance, Gaming and Gambling in Australia vs USA

Segpay

Data Privacy & Cross-Border Compliance Australia: The Privacy Act 1988 applies, with additional AUSTRAC reporting for cross-border transactions over $10,000 AUD. USA: Stricter data-sharing laws, including the Gramm-Leach-Bliley Act (GLBA) and inter-agency reporting for suspicious activity over $3,000 USD.