Tag Archives: Customer data

In the FT, Chris Giles, Caroline Binham, and Delphine Strauss report about plans of the Bank of England to let fintech companies bank at Threadneedle Street and thereby offer payments systems on a level playing field with commercial banks. The editorial board of the FT welcomes the plans; it seems to have in mind not only competition but also “synthetic” CBDC: By offering fintech companies access to the BoE’s vaults, the governor may inject much-needed competition into the sector. What...

noyb.eu. Many companies ignore the stringent privacy laws in Europe. This is possible, because it is too complicated and expensive for individual users to claim their rights. noyb will close the gap between law and the reality by collectively enforcing your rights, so that your rights become reality.

In the FT, Mehreen Khan and Aliya Ram report that MasterCard and IBM plan to create a “data trust” to allow businesses with EU customers to meet the strict General Data Protection Regulation (GDPR) provisions that come into effect by the end of May. “Truata” will be based in Dublin. The independent company, called Truata, will manage, anonymise and analyse vast amounts of personal information held by companies such as travel agents and insurers in a way that is compliant under the EU’s...