CFPB Advises Employers to Comply with the FCRA When Using AI-Powered Employee Monitoring Reports

Employers that purchase or use certain reports generated about current or prospective employees are required to comply with various requirements of the Fair Credit Reporting Act (FCRA). The Consumer Financial Protection Bureau (CFPB) issued Circular 2024-06, which describes various types of reports generated and sold by third parties to employers that often use AI-powered models.

 

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Post By Ken Shafton (2,437 Posts)