Remove capabilities cybersecurity
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Troutman Pepper’s Fintech Capabilities and Trending Issues Impacting Fintech Companies

Troutman Sanders

Kim Phan, a partner in the firm’s Privacy + Cybersecurity Practice Group, counsels fintech companies in federal and state privacy and data security statutes and regulations throughout product development, marketing, and implementation. Chambers ranks James highly for his work in fintech and consumer finance enforcement and investigations.

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Burr & Forman’s India Vincent Featured in Birmingham Business Journal’s Special Cybersecurity Section

Burr Forman

The COVID-19 pandemic necessitated an increase in employees shifting to remote work environments in their homes – a shift that caused increased cybersecurity threats to businesses. India chairs Burr’s Intellectual Property, Data Privacy and Cybersecurity Practice Group, and is a Certified Privacy Professional (CIPP/US).

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Remote Work The New Normal: SIFMA Proposes Broad Rule Revisions

Burr Forman

At least for firms of sufficient sophistication, the rapid adoption of near 100% remote work practices has showcased capabilities built up over the last decade that allow firms to conduct the full scope of their business activities electronically. Development of a “pandemic playbook” to augment existing business-continuity plans.

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Customer Identity Management Is NOT the Same as Access Control

Fico Collections

While some interactions are performed where the business has control, many are remote, relying on customers’ devices, documents, and capabilities. Customer identity management operates today in an unpredictable environment. It is also an area targeted by criminals for fraud and money laundering and comes under serious regulatory scrutiny.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On December 22, the Federal Trade Commission (FTC) reminded consumers that scammers continue to deploy income scams that trick consumers into believing they can make a lot of money by buying into certain programs. State Activities. To read more, click here.

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Education Department announces revamp of its student loan program

Collection Industry News

The first thing it will do is replace the legacy servicing contracts for Direct Loans and federally managed Federal Family Education Loan (FFEL) Program loans with these goals as its target: Providing all federally managed borrowers with complete account management capabilities on StudentAid.gov; Reducing the disruption of account transfers; and.

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Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter

Troutman Sanders

Privacy and Cybersecurity Activities. Privacy and Cybersecurity Activities: On November 18, the Federal Trade Commission (FTC) announced an analysis that showed COVID-19 fraud has thrived on social media platforms. State Activities. For more information, click here.