Banks Balk at SS Number Privacy Bill

Conrad, Lee
October 2007
Bank Technology News;Oct2007, Vol. 20 Issue 10, Special section p13
Trade Publication
The article reports on the oppositions of some banks in the U.S. regarding the Social Security Privacy Bill which limits the display of the nine sensitive numbers in public and private sectors. The bill which is formulated to stop fraudulent activites in the area, is scheduled to be voted in the House of Congress. American Bankers Association states that the blocking of the use of Social Security numbers will create regulatory and operational problems for the banks and for the consumers.


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