Our financial data needs to be protected from Big Tech – Athens County Independent

Our financial data needs to be protected from Big Tech – Athens County Independent

To the editor: After a long week on the job, hardworking Ohioans trust their banks and credit unions to safeguard their paychecks, savings, and financial information – not to involuntarily surrender it to giant financial technology companies eager to harvest and exploit our data.  But that’s exactly what regulators in Washington want to do. In October 2024, the Consumer Financial Protection Bureau (CFPB) finalized a rule that –– because of techn…