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FTC Approves Procedure for Submitting Information for Study of the Effect of Credit-Based Insurance Scores on Consumers of Homeowners Insurance

FTC Approves Procedure for Submitting Information for Study of the Effect of Credit-Based Insurance Scores on Consumers of Homeowners Insurance
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Federal-trade-commission , Accurate-credit-transactions-act , Social-security , கூட்டாட்சியின்-வர்த்தகம்-தரகு , திட்பநுட்பமான-கடன்-பரிவர்த்தனைகள்-நாடகம் , சமூக-பாதுகாப்பு ,

6th Circuit Uses Lack of Article III Standing to Kick FDCPA and...


Two recent cases serve as reminders that lack of Article III standing remains a viable defense.
6/3/2021 10:30 AM 
FDCPANewsArticle III Standing
By Robert M. Horwitz
Lack of subject matter jurisdiction for no standing under Article III of the U.S. Constitution is alive and well in the U.S. Court of Appeals for the 6th Circuit. Although the 7th Circuit received a lot of attention in late 2020 when it dismissed numerous cases filed under the Fair Debt Collection Practices Act for failing to allege an injury in fact sufficient under Article III of the U.S. Constitution to remain in federal court, the 6th Circuit recently used a lack of Article III standing to kick putative class actions claiming violations of the Fair and Accurate Credit Transactions Act of 2003 (FACTA) and the FDCPA from federal court.

United-states , Ohio , Michigan , Meyer-njus-tanick , Maddin-hauser , Robertm-horwitz , Convergent-outsourcing-inc , Us-supreme-court , Us-court , King-ohio , Fair-debt-collection-practices-act , Accurate-credit-transactions-act

US Treasury Secretary Janet L. Yellen To Chair Meeting Of The Financial Literacy And Education Commission


US Treasury Secretary Janet L. Yellen To Chair Meeting Of The Financial Literacy And Education Commission
Date
18/05/2021
Secretary of the Treasury Janet L. Yellen will chair a meeting of the Financial Literacy and Education Commission (FLEC) on May 26, 2021. The meeting will focus on the role of financial education in reducing economic inequity. 
The Commission’s vision is of sustained financial well-being for all individuals and families in the U.S. In furtherance of this vision, the Commission sets strategic direction for policy, education, practice, research, and coordination so that all Americans make informed financial decisions. Deputy Secretary of the Treasury Wally Adeyemo will moderate a discussion among experts in the field including:

United-states , Americans , Marietta-rodriguez , Dave-uejio , John-hope-bryant , Justine-zinkin , Johnw-rogers-jr , Neighborworks-america , Wally-adeyemo , Toddm-harper , Janetl-yellen , Consumer-financial-protection-bureau

Sixth Circuit Restricts Plaintiffs' Standing under FACTA


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Sixth Circuit Joins Four Other Circuits in Restricting Plaintiffs’ Standing to Bring Claims under the Fair and Accurate Credit Transactions Act (“FACTA”)
Friday, May 14, 2021
More than a decade ago, Congress attempted to address a novel threat that was then only in its nascent stages: identity theft.  The Fair and Accurate Credit Transactions Act of 2003 (“FACTA”) provided consumers with several tools to protect their identity, including the ability to request free annual credit reports from the three major credit reporting agencies and to place fraud alerts on their credit files if they suspected they had been the victims of identity theft.  The Act also prohibited businesses from printing more than the last five digits of a customer’s credit card number (or the expiration date) on a receipt.  Anyone who has used a credit card over the past decade has undoubtedly seen Congress’s handiwork in the truncated account number (“***********12345”) that appears on most credit card receipts—preventing would-be fraudsters from stealing credit card numbers from discarded or misplaced receipts.

Ohio , United-states , Donna-karan-co , Godiva-chocolatier-inc , J-crew-grp-inc , Checker-cab-corp , King-ohio , Accurate-credit-transactions-act , Sixth-circuit , Eleventh-circuits , Crew-grp

6th Circ. Affirms Toss Of Burger King Credit Card Receipt Suit


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6th Circ. Affirms Toss Of Burger King Credit Card Receipt Suit
Law360 (May 11, 2021, 10:58 PM EDT) -- While a Burger King operator did technically violate the Fair and Accurate Credit Transactions Act by including 10 credit card digits on a customer's receipt, the customer did not properly allege that she was harmed, the Sixth Circuit ruled Tuesday, upholding a lower court's dismissal of her putative class action.
In a unanimous, published decision, the panel said that the "technical violation" of FACTA by Toms King (Ohio) LLC, which owns and operates more than 130 Burger Kings in Illinois, Ohio, North Carolina, Pennsylvania and Virginia, did not appear to cause harm or present any material risk of harm to plaintiff...

Illinois , United-states , Pennsylvania , Virginia , Ohio , North-carolina , A-burger-king , Toms-king-ohio , Burger-king , Accurate-credit-transactions-act , Sixth-circuit , Toms-king

Jones Day Global Privacy & Cybersecurity Update | Vol. 27 - Technology


ENISA Publishes Threat Landscape Reports for
2020
On October 20, 2020, the European Union Agency for
Cybersecurity ("ENISA") published a series of reports on the threat
landscape in 2020. The reports focused on, among other things,
malware, data breaches, ransomware attacks, information leakage,
and phishing attacks. The reports identified and evaluated the top
cybersecurity threats for the period of January 2019-April
2020.
ENISA Publishes Guidelines for Securing the IoT Supply
Chain
On November 9, 2020, ENISA published guidelines on securing the supply
chain for the IoT. The guidelines address the entire lifespan of
IoT product development by offering security measures for each step
(i.e., requirements and design, end use delivery and maintenance,

Spain , Australia , United-states , Hong-kong , District-of-columbia , United-kingdom , Beijing , China , California , Russia , Connecticut , Mexico

Circuit Split Deepens as Eleventh Circuit Rejects "Risk of Identity Theft" Theory of Standing in Data Breach Suit | Proskauer - Minding Your Business

Circuit Split Deepens as Eleventh Circuit Rejects "Risk of Identity Theft" Theory of Standing in Data Breach Suit | Proskauer - Minding Your Business
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Florida , United-states , Captiva , Amnesty-international-united-states , Supreme-court , Godiva-chocolatier-inc , District-court , Restaurant-partners , Eleventh-circuit , Tan-tsao , Florida-unfair

Eleventh Circuit Rejects "Risk of Identity Theft" Theory of Standing

Eleventh Circuit Rejects "Risk of Identity Theft" Theory of Standing
natlawreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from natlawreview.com Daily Mail and Mail on Sunday newspapers.

Florida , United-states , Captiva , Supreme-court , Godiva-chocolatier-inc , District-court , Restaurant-partners , Eleventh-circuit , Tan-tsao , Florida-unfair , Deceptive-trade-practices

Class Action Litigation Winter 2020/2021


Tuesday, February 9, 2021
Highlights from this issue include:
Supreme Court grants cert in securities class action to address whether the 
Basic presumption of class-wide reliance can be rebutted based on the generic nature of the alleged representation and that the statement had no price impact.
Massachusetts appellate court emphasizes that evidence is required to support class certification, even under state law.
District court in the Second Circuit holds that 
Daubert analysis must be conducted at the class certification stage.
Third Circuit holds that the failure to register tires under federal law is not enough to confer standing.
Seventh Circuit holds that violations of the data retention and destruction requirements of the Biometric Information Privacy Act are sufficient for standing.

Arkansas , United-states , Cook-county , Illinois , District-of-columbia , Netherlands , Westbrae , California , Massachusetts , Ohio , Utah , Bahamas

Jump-Start Your Credit: Get Your Credit Reports


Jump-Start Your Credit: Get Your Credit Reports
January 25, 2021 8:00 AM
Bev O'Shea
Posted:
Updated:
Getty Images
Credit scores are designed to help lenders understand how likely you are to repay borrowed money. Credit-scoring companies apply a mathematical formula to data about how you’ve handled credit in the past — and that data comes from your credit reports.
You have a right to see your credit reports, and taking a look at them is a key part of working on your credit. It lets you verify that the information is accurate and timely, and also gives you an idea of how potential lenders or even employers might view you.

Shaundra-turner-jones , Bev-oshea , Trans-union , Experian , Equifax , Jump-start-your-credit , Get-your-credit , Start-your-credit , Get-your-credit-reports , Accurate-credit-transactions-act , Social-security , பேவ்-ஓஷேஆ