Data Privacy
Consumers and small businesses deserve strong, harmonized data privacy protections. FDATA supports policies that balance innovation with important privacy safeguards, while avoiding fragmented, duplicative regimes.
We work with policymakers in both the United States and Canada to address gaps in existing regulatory frameworks, advance preemptive federal financial data privacy regimes, and eliminate duplicative or contradictory regulatory requirements for our members.
- United States: Addressing gaps in GLBA and FCRA, while advocating for a unified federal privacy framework.
- Canada: Supporting alignment between the CPPA, OSFI guidelines, and open banking standards.
Related Press Releases
FDATA North America's letter stressed that consumer-permissioned third-party financial service providers are not data brokers.
FDATA North America and its 30+ member companies today released a set of principles to govern the usage, disclosures, liability, oversight, and technology involved in open finance ecosystems.
September 3, 2021, Washington, DC - Today, the Financial Data and Technology Association (FDATA) of North America submitted comments to Ontario's consultation on efforts to strengthen and modernize privacy protections in the province.
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Resources
Data Privacy
FDATA FCRA NPRM Comment Letter
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