U.S. consumer watchdog to review Big Tech data, promote lending competition
https://www.reuters.com/article/usa-house-chopra-cfpb/u-s-consumer-watchdog-to-review-big-tech-data-promote-lending-competition-idUSKBN2HH214
WASHINGTON (Reuters) -Chief consumer finance watchdog Rohit Chopra told U.S. lawmakers on Wednesday his agency will review Big Tech's impact on the flow of money in the economy as leading technology firms use real-time consumer payments systems that collect huge amounts of personal data.
U.S. consumer watchdog to review Big Tech data, promote lending competition
Oct 27, 2021, 9:34pm UTC
https://www.reuters.com/article/usa-house-chopra-cfpb/u-s-consumer-watchdog-to-review-big-tech-data-promote-lending-competition-idUSKBN2HH214
>WASHINGTON (Reuters) -Chief consumer finance watchdog Rohit Chopra told U.S. lawmakers on Wednesday his agency will review Big Tech's impact on the flow of money in the economy as leading technology firms use real-time consumer payments systems that collect huge amounts of personal data.