Data Matters

SEPTEMBER 20, 2018

Office of the Comptroller of the Currency (OCC) announced its decision (the Fintech Charter Decision) to begin accepting applications from financial technology (fintech) companies for special purpose national bank charters. The Fintech Charter Decision is discussed in greater detail in a prior Sidley Banking and Financial Services Update.

Financial Services 68

Financial Services Paper Marketing Privacy 68

Data Matters

SEPTEMBER 4, 2019

The New York State Department of Financial Services recently amended its annuity suitability regulation to apply a “best interest” standard in connection with both life insurance and annuity transactions with consumers. NAIC Adopts White Paper on Understanding the Market for Cannabis Insurance.

Insurance 68

Insurance Paper Risk Analytics 68

Data Matters

AUGUST 24, 2018

The Task Force stressed that the guidance provided in the white paper will not be designed to preempt state authority but rather will assist regulators in providing greater consistency among states’ review of predictive models. The Task Force aims to complete the white paper by the fall of 2018.

Insurance 60

Insurance Big data e-Delivery Risk 60

Data Matters

DECEMBER 28, 2020

NAIC Committee Adopts Regulatory Review of Predictive Models White Paper. The Property and Casualty Insurance (C) Committee adopted the Regulatory Review of Predictive Models white paper (the White Paper). The four best practices for regulatory review described in the White Paper are to.

Insurance 68

Insurance Paper Risk Analytics 68

Reltio

APRIL 25, 2019

Modern enterprise-wide customer data platforms with Customer 360 present a real-time single customer view to all the business teams to ensure consistent omnichannel customer experience. White Paper: The Golden Path to B2C Customer 360 – What We Learned from World’s Largest Retail & Consumer Brands. For Future.

Customer Experience 75

Customer Experience Digital transformation B2B B2C 75

Information Matters

DECEMBER 7, 2018

This is largely presented as a bad thing. “The global ‘data sphere’ could grow from 33 to 175 zettabytes by 2025, and industries such as Financial Services, Manufacturing, Healthcare, and Media and Entertainment are helping to define this new era of data growth. However, the ODI’s reasoning seems a little contradictory.

IoT 40

IoT Blockchain Personal data Analytics 40