Redaction for Financial Services

Redaction for Financial Services is done to protect customers privacy and data and to ensure trustworthiness between customers and financial institutions. Banks deal with thousands of documents, such as mortgage documents, loan forms, and customer information that must be redacted quickly and accurately.

January 13, 2023 | 4 minutes read

How CaseGuard is Using AI Algorithms to Enable Privacy

CaseGuard Studio uses AI to help professionals within the educational, healthcare, and financial services industries enable privacy.

December 09, 2021 | 4 minutes read

A New Federal Standard for Banking within the U.S.

The 1913 Federal Reserve Act is a federal law that was passed by the U.S. Congress in 1913 for the purpose of establishing the Federal Reserve System.

December 07, 2021 | 5 minutes read

The Dodd-Frank Act, Too Big to Fail, Regulations

The Dodd-Frank Wall Street Reform and Consumer Protection Act or the Dodd-Frank Act for short is a federal law that was passed by U.S. Congress in 2010.

December 07, 2021 | 5 minutes read

The Truth In Lending Act, A New Federal Standard

The Truth in Lending Act or TILA for short is a federal law that was passed by the U.S. Congress in 1968 concerning credit and lending institutions.

August 11, 2021 | 6 minutes read

The Fair Credit Reporting Act and the Rights of Consumers

The Fair Credit Reporting Act or FCRA is a federal law that was enacted to ensure the accuracy, fairness, and privacy of the consumer information that is contained within the files of consumer reporting agencies.

July 27, 2021 | 5 minutes read

What is the Gramm Leach Bliley Act (GLBA)?

The Gramm-Leach-Bliley Act, passed in 1999 addresses various issues related to consumer financial privacy. Its provisions limit when a financial institution may disclose a consumer’s “nonpublic personal information” to “nonaffiliated” third parties.

February 04, 2021 | 8 minutes read

A Brief History of Redaction, Editing, and Language

Redaction is a basic form of editing and can be applied in a variety of contexts. The practice dates back to ancient times and has evolved over the years.

July 17, 2020 | 7 minutes read

FINRA Rules Regarding Personal Data

FINRA or Financial Industry Regulation Authority is a private corporation that manages, regulates, enforces, arbitrates operations handled through the New York Stock Exchange. They are a self-regulatory agency. It is a non-government agency that works closely with and regulates transaction processes for member brokerage firms and exchange markets.

July 06, 2020 | 7 minutes read

How Banks Improve Efficiency with Redaction Software

According to the Information Commissioner’s Office, businesses including banks have a responsibility to comply with the law, including the use of redaction techniques to protect third-party privacy and facilitate the fulfillment of legitimate SARs and FOIA requests.

April 27, 2020 | 7 minutes read

Handling PCI DSS Compliance | Data Retention & Protection

All business owners who handle customer credit data must comply with PCI DSS. In order for you to understand how to be in compliance – it’s good to get a handle on what the PCI DSS standards are and which ones directly affect you and your business.

1 2 Next »