.jpg){kind=avatar}
The event featured the leaders of the nation’s top consumer watchdog agencies, timed to corresponded with the CFPB’s announcement of proposed rules under the Fair Credit Reporting Act to address the business practices of brokers that collect and monetize customer data. Data privacy is a growing concern as the use of artificial intelligence becomes more common.
{
“Artificial intelligence — or the technologies that market themselves as that — and other predictive decision making, is relying on even more massive amounts of data to feed those algorithms and that’s creating financial incentives for even more surveillance and more intrusive data collection,” Chopra said during opening remarks.
unknownx500
More posts by Sarah Wolter
Recent posts from News by FinTech Collective