Insights / articlesInsights
Insights / articles

Deep Dive into Consumer Finance

Webinar: Deep Dive into Privacy and Bank Partner Programs

Read Time: 1 min

The next installment in McGlinchey’s Deep Dive Series covering all things privacy is a webinar featuring attorneys from McGlinchey’s Financial Institutions Compliance team.

There is a common question that inevitably arises in bank partnership programs – “What can we do with consumer data in our possession?” During this webinar, McGlinchey attorneys Aaron Kouhoupt, Robert Savoie, and David Tallman will discuss some common consumer privacy issues that may arise in bank partnerships. Their discussion will focus on contractual rights and duties as well as the interplay of federal and state laws in restricting how data can be used and shared.

date & time
Wednesday, March 22, 2023
10 am PT / 12 pm CT / 1 pm ET

This webinar was recorded and is available for those who were unable to attend.

Please fill out the form below to view the recording.

Insights

Presentation

CrossTech World 2023

November 14-15, 2023

Member Amy Greenwood-Field (Washington, DC) will participate in three panels during CrossTech World 2023 in Miami, Florida, November 14-15, 2023.

Deep Dive into Consumer Finance

Podcast: Deep Dive Into Payments: Impacts of Money Transmission Laws

August 25, 2023

Today we're going to be talking about money transmission and how money transmission laws can impact people that are in the payments space and find themselves in the flow of funds or providing any kind of payment services to third parties.

Event

Deep Dive into Payments Clients-Only CLE

October 3, 2023

The final installment in McGlinchey’s Deep Dive Series covering all things payments is a client-only CLE webinar featuring attorneys from McGlinchey’s Financial Institutions Compliance team.

Deep Dive into Consumer Finance

Introduction: A Deep Dive into Payments

July 17, 2023

In this introductory video, Members of our Financial Institutions Compliance Team, Aaron Kouhoupt (Cleveland) and David Tallman (Dallas/Houston), will discuss this fascinating and vibrant subject matter while giving you a breakdown of the content you can expect in the coming weeks.

Published Article

New State Privacy Laws Impact Auto Finance

June 26, 2023

The regulation of consumer privacy and security in the United States traditionally has been sectoral in nature. In other words, outside of more highly regulated industries like financial services or health care, the use and disclosure of consumer data has been regulated under general federal and state prohibitions on unfair or deceptive acts and practices, rather than under specific consumer privacy laws. 

Published Article

Colorado and Connecticut Set to Debut New Data Privacy Laws on July 1

June 1, 2023

Beginning July 1, 2023, the Colorado Privacy Act and the Connecticut Personal Data Privacy and Online Monitoring Act will take effect. Following California (in 2020) and Virginia (earlier this year), four states now have enacted and implemented some version of a comprehensive privacy law.

Presentation

Responsible Data Usage: The Evolving Landscape of Data Privacy

May 9, 2023

Of Counsel Sandy Shatz (Irvine) will present "Responsible Data Usage: The Evolving Landscape of Data Privacy" at the Mortgage Bankers Association (MBA) Legal Issues and Regulatory Compliance Conference on May 9, 2023, in Austin, TX. The panel will discuss recent changes to the CPRA, federal data privacy legislation, and the recent focus on the use of AI and dark patterns on the federal and local levels.

Event

Webinar: Deep Dive into Privacy Clients Only Q&A

April 12, 2023

Join McGlinchey Members Aaron Kouhoupt, David Tallman, and David Thompson to recap the McGlinchey Deep Dive into Privacy Series. They will be taking questions during this free session for all McGlinchey clients.

In the Media

Mortgage Lending-Focused Partner Joins McGlinchey In DC

March 28, 2023

Member Jim Milano (Washington, DC) was profiled by Law360 on March 28, 2023 on his recent move to McGlinchey. “I have very deep and long relationships with many McGlinchey attorneys that go back, in some cases, 35 years or more,” he said. Moving to McGlinchey will also give him and his clients the chance to take advantageMore

Alert

SVB and Signature Bank Crashes: Regulations to Come?

March 21, 2023

The recent collapse of two large regional banks, and the expedited sale of Credit Suisse due to similar challenges, have left many in the financial services industry uncertain about the future. What should we understand about what happened and what it might mean for the future of finance?

Deep Dive into Consumer Finance

GLBA or FCRA? Data Sharing Between Affiliates and Non-Affiliates

March 17, 2023

When an entity shares data outside of its organization, the following questions often arise: Does the FCRA or GLBA (or both) apply to the specific type of data sharing? And how do these laws impact my company’s financial privacy notice? The answer to these questions comes down to the relationship between the Gramm-Leach-Bliley Act (GLBA,More

Deep Dive into Consumer Finance

Podcast: Data Privacy and Info Security in Finance: The Lay of the Land

February 8, 2023

In the age of big data, it's more important than ever to understand your obligations relating to your customers’ private information. Information can be utilized by bad actors in a variety of ways that can be harmful to both you and your consumers.

Deep Dive into Consumer Finance

Introduction: A Deep Dive into Privacy

January 27, 2023

The world of cybersecurity and privacy have grown exponentially in recent years, both on the federal and state level. A pandemic-driven shift to remote has increased social media interaction, and electronic communication with state and federal governments increasingly focused on big data and the use and sharing of consumer information.

Deep Dive into Consumer Finance

Podcast: Governing an Algorithm? The DeFi and Crypto Enforcement Landscape

November 29, 2022

The regulatory framework for cryptocurrency and DeFi in general is still a little murky. That hasn't stopped regulatory bodies from bringing enforcement actions against players in this space. What's on the horizon when it comes to investigation and enforcement activity in the decentralized finance space?

Alert

Cryptocurrency’s impact on BSA/AML and Sanctions programs

October 11, 2022

The market for digital assets has exploded in recent years. Digital and virtual currency activities provide great opportunities financially and technologically. However, such currencies can be utilized for illicit activity through exchanges, peer-to-peer exchangers, mixers, and darknet markets, which increase the risk of money laundering and terrorist financing. Financial institutions and other industry players haveMore

Event

Webinar: When Is Virtual Currency Treated as Currency Under State Law

September 30, 2022

Virtual Currency, Digital Currency, or Cryptocurrency: no matter the term used to describe this trending form of monetary value, incorporating it into your business may trigger money services regulatory concerns as well as other regulatory considerations. FinCEN and many individual state regulatory agencies oversee the transmission of non-fiat value to consumers. In addition, a Fintech may have additional regulatory obligations despite partnering with licensed entities to conduct business.

Deep Dive into Consumer Finance

Understanding DeFi: Words Have Meaning, But What Do They Mean?

September 8, 2022

Perhaps the most challenging (and intimidating) part of Decentralized Finance is understanding all the terms and industry jargon—many of which are new and technical while others are as old as time but commonly misunderstood.

Deep Dive into Consumer Finance

Podcast: A Deep Dive into DeFi, or Decentralized Finance

August 22, 2022

In this episode of "More with McGlinchey," Aaron Kouhoupt and Robert Savoie (Cleveland) discuss the fascinating and vibrant world of decentralized finance, blockchains, virtual and cryptocurrency.

Deep Dive into Consumer Finance

Introduction: A Deep Dive into DeFi Decentralized Finance

August 9, 2022

The world of decentralized finance, blockchains, virtual and cryptocurrency have grown exponentially in recent years. Many financial institutions are looking to enter or expand their operations in the digital economy, but the regulatory environment gives many pause.

Deep Dive into Consumer Finance

Podcast: BSA, OFAC, KYC, and CIP – What do they mean to me?

September 15, 2021

The Bank Secrecy Act and parts of the U.S. Patriot Act's OFAC requirements have seemingly similar goals: to prevent money laundering and the funding of terrorist activities. Yet a lively debate surrounds which entities are covered by these acts, what the acts stipulate, and what entities must do to comply with them.

Event

Webinar: 5 Pillars of BSA Policies and Procedures

September 16, 2021

The next installment in McGlinchey’s Deep Dive Series covering all things Bank Secrecy Act is a webinar featuring attorneys from McGlinchey’s Financial Institutions Compliance team as well as CAMS certified managers from Crowe LLP.

Deep Dive into Consumer Finance

Introduction: A Deep Dive into the Bank Secrecy Act

September 2, 2021

The Bank Secrecy Act (BSA) is the United States' most important anti-money laundering (AML) regulation that requires banks, money services businesses, FinTechs, and other financial institutions to assist U.S. government agencies to detect and prevent money laundering.

Deep Dive into Consumer Finance

Introduction: A Deep Dive into the Fair Credit Reporting Act

April 21, 2021

The Fair Credit Reporting Act (FCRA) impacts every aspect of a U.S. consumer’s life. Consumer reports are obtained by lenders, employers, landlords, and even utility companies, impacting the cost of credit and everyday services, as well as the ability to obtain employment or access housing.