Posted On: 09/14/2013 2:28:33 PM
Post# of 512
NEW FED AGENCY TO MINE US CREDIT CARD, MORTGAGE DATA
Friday, September 13, 2013
THEY SHOULD BE MONITORING WHERE THE EBA CARDS ARE USED!
Consumer Financial Protection Bureau officials are seeking to monitor four out of every five U.S. consumer credit card transactions this year — up to 42 billion transactions — through a controversial data-mining program, according to documents obtained by the Washington Examiner. In addition, CFPB officials hope to monitor up to 95 percent of all mortgage transactions, according to the documents. A CFPB strategic planning document for fiscal years 2013-17 describes the “markets monitoring” program through which officials aim to monitor 80 percent of all credit card transactions in 2013.
Post Continues on www.foxnews.com
Read more at http://patriotupdate.com/2013/09/new-fed-agen...tCo55LW.99
Friday, September 13, 2013
THEY SHOULD BE MONITORING WHERE THE EBA CARDS ARE USED!
Consumer Financial Protection Bureau officials are seeking to monitor four out of every five U.S. consumer credit card transactions this year — up to 42 billion transactions — through a controversial data-mining program, according to documents obtained by the Washington Examiner. In addition, CFPB officials hope to monitor up to 95 percent of all mortgage transactions, according to the documents. A CFPB strategic planning document for fiscal years 2013-17 describes the “markets monitoring” program through which officials aim to monitor 80 percent of all credit card transactions in 2013.
Post Continues on www.foxnews.com
Read more at http://patriotupdate.com/2013/09/new-fed-agen...tCo55LW.99
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