U.S. consumer watchdog to review Big Tech data, promote lending competition

U.S. consumer watchdog to review Big Tech data, promote lending competition

3 years ago
Anonymous $np3LcwuhSi

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.

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