safeguards

More consumer data safeguards needed, watchdog tells US Congress By Reuters

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By Douglas Gillison (Reuters) – The head of the top U.S. watchdog agency for consumer finance on Wednesday called on lawmakers to adopt greater protections against the collection and use of consumers’ data from payment processing and so-called buy-now-pay-later services. Rohit Chopra, director of the U.S. Consumer Financial Protection Bureau,…