Tagged: gdpr

CYTRIO Adds GDPR Support to Data Privacy Rights Management Solution

CYTRIO, a data privacy compliance company, has added support for the European Union’s General Data Protection Regulation (GDPR) to its all-in-one, cloud-native data privacy rights management automation solution. GDPR impacts any company, “regardless of location, that collects, uses, shares, or stores personal information from European… Read More

Former Twilio Privacy Exec Joins Data Management Fintech Skyflow as Chief Privacy Officer

Skyflow recently announced that Robin Andruss, previously Twilio’s Data Protection Officer and Director, Global Privacy Governance, has joined Skyflow as Chief Privacy Officer. In this role, she will “oversee the company’s privacy and data protection commitments for Skyflow’s Data Privacy Vaults for enterprise, fintech and… Read More

Web 3.0: Verida Protocol, an Encryption, User Management Abstraction Toolkit Provider, Publishes Alpha Software Release

The Verida Protocol alpha release, which offers a way to abstract away the complexities of encryption, permissioning, schemas, and user management, is currently live for Web 3.0 developers. As mentioned in the announcement, this release comes with the Verida Client (software development kit) SDK, Single… Read More

Jumio, Provider of AI enhanced ID Verification, Digital KYC, AML, Reports Solid Q3 Results

Jumio, the provider of AI-enhanced end-to-end identity verification, eKYC and AML solutions, announced another solid quarter, with new business growing over 130% in Q3 2021 from Q3 2020. As mentioned in a release shared with CI, this growth coves the globe and several different industries,… Read More

Bob Reid: CEO at Everest Explains How They Offer DeFi Services, Cross-Border Payments, ID Verification, Seamless Account Creation

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

New Data Regulation to Draw on Notions of Privacy, Data Localization Another Key Trend in 2021, According to Blockchain Professional

Li Jun, Founder of Ontology and the SAGA Protocol, notes that we’re now living through an “activist period” of data regulation that will most likely dictate how our economies function for “generations to come.” Jun pointed out that most industries have “precedents” for regulation that… Read More

Hungarian Firm PeasyPay Launches Biometric Digital Payment System that Uses Facial, Palm Recognition to Verify Users

Hungarian firm PeasyPay has launched a biometric digital payment system that uses facial and palm recognition to verify customers’ IDs and settle transactions. The Fintech company stated that it will be introducing its biometrics-enabled point-of-sale payments technology in Spain and the UK. Consumers can download… Read More

Digital Transformation: Financial Giant BNP Paribas to Use IBM Cloud for Financial Services Framework for Improved Security, Compliance

BNP Paribas, a French international banking group that’s ranked as the 8th largest bank in the world in terms of total assets (appr. €2 trillion), will reportedly become an anchor client in the European Union for tech giant IBM’s Cloud for Financial Services framework. The… Read More

AI Fintech ubble Secures Over $11 Million in Capital to Develop Digital ID Verification Product using Biometric Facial Recognition

France-based AI company ubble has acquired more than €10 million (appr. $11.2 million) in capital through a round led Breega and Partech and Breega. The funds raised will reportedly be used to develop ubble’s remote onine ID verification product which will include biometric facial recognition…. Read More

Blockchain-based Brave Browser Files Complaint Urging European Commission to Take Action Against Government Agencies that are Not Ensuring User Privacy

The San Francisco-based developers of Brave, an open-source, privacy-oriented Internet browser, have submitted a complaint which asks the European Commission to take quick action against European Union-based government agencies that are not protecting the data and privacy of local residents. Brave’s complaint was filed on… Read More

Munich-based Regtech Firm DataGuard Secures $20 Million in Funding via Round Led by One Peak Partners

Munich-based Regtech firm DataGuard, which provides what it refers to as the General Data Protection Regulation (GDPR)-as-a-Service, has secured $20 million in capital through a Series A investment round, which was led by One Peak Partners. DataGuard assists firms with ensuring that their business complies… Read More

Blockchain Regulatory Software Developer Shyft Network to Help Binance Comply with FATF Guidelines

Malta-based digital asset exchange Binance has teamed up with Shyft Network, the developer of a public blockchain protocol, in order to ensure that it is complying with updated Financial Action Task Force (FATF) financial market regulations. The Shyft Network was developed to offer a decentralized… Read More

House Financial Services Committee Schedules Next Fintech Task Force Meeting to Discuss the Role of Big Data

Big data is on the agenda for the House Financial Services Committee’s Task Force on Financial Technology. The Fintech Task Force will convene for a hearing entitled, “Banking on Your Data: the Role of Big Data in Financial Services.” The Fintech Task Force is relatively… Read More

Does Blockchain Undermine or Enhance GDPR? European Parliament Report Explains

For some people, Blockchain or distributed ledger technology (DLT) holds almost mystical potential to revolutionize everything. While there is more than a bit of hyperbole associated with blockchain, it is a fact that many corporates are incorporating DLT within their operations to streamline and remove… Read More

Tide Foundation Co-Founders Yuval Hertzog & Issac Elnekave Address Privacy Profitability, Marketplaces and Mass Blockchain Adoption

Tide Foundation just launched a data marketplace aimed at making privacy profitable. Tide’s blockchain protocol seeks to address costly GDPR compliance, compensation and data accuracy issues to drive a new consensual data economy. “While we all deserve a human right to privacy, we’re witnessing the disastrous results of… Read More

GDPR by the Numbers: the European Commission Provides a Glance at the Data

GDPR or the General Data Protection Regulation is a big deal. GDPR was designed to better protect consumers and their digitized information. While clearly not perfect, GDPR is the direct result of big corporations failing their customers with poor security protocols, lackluster attention to cyberfraud… Read More

Is Regulation Killing The Blockchain? How Blockchain Can Adapt to New Laws While Sticking to its Original Principles

The blockchain has revolutionized a number of industries, but none so much as the financial sector. From equity crowdfunding platforms which allow users to buy shares in projects with tokens, to startups raising funds through initial coin offerings (ICOs), to token exchanges where users can… Read More

World’s Biggest Insurtech Conference Captures Industry Mood on Blockchain, AI

On October 2-3, 2018 Oliver Wyman, a global management consulting firm, presented Insuretech Connect at the MGM Grand in Las Vegas, Nevada. The event was promoted as the largest annual insurtech event in the world, this year boasting over 6000 registered guests and over 250… Read More

Bundesblock Paper: GDPR is Outdated from the Beginning Because it Did Not Consider Decentralized Technology

On May 25th 2018, the General Data Protection Regulation (GDPR) entered into force. GDPR is a EU law on data protection and privacy for individuals – an area of profound importance in the digital universe. GDPR seeks to give more control to EU citizens over… Read More

ORCA Alliance’s Avidan & Mičiuda on Taking Advantage of European PSD2 Directive & Prepping for its Upcoming Token Sale

ORCA Alliance, an Open Banking platform designed for cryptocurrency users aims to unite fiat and crypto in a single convenient interface, is taking advantage of the European PSD2 directive. Founded by CEO Natan Avidan, ORCA Alliance aims to give its users the possibility to keep and track… Read More