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Privacy Laws State Law Claims Financial Institutions

BCLP

State Laws Present Litigation Risks for Financial Industry’s Artificial Intelligence Use

BCLP on

The financial industry increasingly uses artificial intelligence (“AI”) to raise business efficiencies, improve customer experience, and limit fraud and crime. However, two lawsuits leveraging existing state privacy laws and...more

McAfee & Taft

Biometrics usher in new era of privacy laws, litigation risks

McAfee & Taft on

In an effort to improve data security, many banking and retail companies have begun using biometric data, such as fingerprints and other physical features, as high-tech replacements for passwords. In view of these efforts,...more

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