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CUs Eyeing Data Security & Remote Notary Standards Discussions in D.C.

House Subcommittee takes steps to establish data privacy and security enforcement oversight.

Data security Source: Shutterstock

Representatives from the U.S. House Consumer Protection and Commerce Subcommittee met Thursday to take up two important bills revolving around data security and remote notarization standards.

Since the pandemic began, the credit union industry has thrown its support behind the creation of federal standards when it comes to the ability to conduct notary sessions remotely. Many states, 36 in all, have enacted different versions of remote online notarization laws for conducting electronic and video notary sessions.

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Michael Ogden

Michael Ogden

Editor-in-Chief for CU Times. To connect, email at [email protected].

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