The Financial Services Roundtable (FSR) today testified on the importance of alternative data as a tool for innovation at a Consumer Financial Protection Bureau (CFPB) field hearing in Charleston, WV. Francis Creighton, FSR’s Executive Vice President of Government Affairs, delivered the following opening statement:
FSR CEO Tim Pawlenty testified before the House Financial Services Committee on the need for Congress to pass strong, meaningful data security requirements for all companies that handle sensitive consumer information.
FSR President & CEO Tim Pawlenty testified before the House Intelligence Committee about the growing concern within the financial services sector about the severity of cybercriminal attacks and the persistent gaps in the law.
Paul Smocer, President of BITS, testified before the U.S. Senate Committee on Commerce, Science and Transportation on the future of cybersecurity and the NIST framework.