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Robots save Nordea from GDPR processing nightmare

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Robots save Nordea from GDPR processing nightmare

With the new General Data Protection Regulation (GDPR) threatening to swamp workers, Nordea turned to Robotics Process Automation (RPA), slashing the time needed to process customer requests.

Ripple exec says DLT not ready for banks...yet

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Ripple exec says DLT not ready for banks...yet

A lack of scalability and privacy issues are preventing banks from using distributed ledger technology (DLT) to process cross-border payments, says a senior executive at one of the most prominent startups in the DLT space.

Singapore to develop ethical code for AI and personal data use

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Singapore to develop ethical code for AI and personal data use

Singapore's government has outlined plans to develop a governance programme around the use of artificial intelligence and personal data in its bid to become an international centre for new technology.

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Gemalto brings multi-factor authentication to Belgium’s national Mobile Identity scheme itsme

Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, has enabled Belgian mobile ID scheme itsme to enroll 350,000 users and securely process one million transactions per month for both private and public online services – making it one of the most successful mobile ID applications in Europe within one year of launch.

Meeting EU Regulatory Requirements in A Post Data Breach Era

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Meeting EU Regulatory Requirements in A Post Data Breach Era

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ABN Amro takes stake in data collection startup Ockto

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ABN Amro takes stake in data collection startup Ockto

ABN Amro’s Digital Impact Fund (DIF) is acquiring a minority stake in local fintech startup Ockto, which specialises in helping consumers and businesses to safely collect and share personal data.

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Nuggets payments and ID privacy platform moves into alpha

Nuggets, the award-winning e-commerce payments and ID platform, has opened up its mobile app Alpha to iOS users.

CBA lost tape drives on 19.8 million accounts, but decided not to notify customers

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CBA lost tape drives on 19.8 million accounts, but decided not to notify customers

Commonwealth Bank of Australia has finally come clean on a potential data breach involving 19.8 million customer accounts in 2016, after initially failing to notify customers of the incident.

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SugarCRM embeds more data privacy controls in its products for GDPR compliance

SugarCRM Inc., the company that helps organisations build better business relationships, today announced new features for its entire cloud and product portfolio that will enable financial businesses to implement best practices for data privacy.

Microsoft defends support for controversial Cloud Act

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Microsoft defends support for controversial Cloud Act

A long-running court battle between Microsoft and the US government about whether the latter had the right to access emails held in Microsoft's Irish data centre has come to an anticlimactic end after a judge dismissed the case, ruling it to be "moot" due to the recent passing of the Cloud (Clarifying Lawful Overseas Use of Data) Act.

Swift Institute challenges University teams to tackle data privacy under Open API

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Swift Institute challenges University teams to tackle data privacy under Open API

The academic research arm of interbank payments network Swift is calling on Australian-based students to devise new ways and means of protecting personal information in an open banking environment.

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Oxial rolls out GDPR Express service for mid-market FS firms

Mid-market Financial Services (FS) firms can now benefit from a fast, intelligent and effective solution to achieving GDPR compliance, thanks to the new GDPR EXPRESS from new generation GRC solution provider OXIAL.

BBVA-backed Covault launches digital ID protection app

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BBVA-backed Covault launches digital ID protection app

A digital ID startup backed by BBVA has launched a mobile app that uses biometrics and private key technology to help users securely store, share and verify their identities and documents.

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Credit reference agencies combine to help lenders prepare for GDPR

Callcredit, Equifax and Experian are launching an industry-wide Credit Reference Agency Information Notice (CRAIN) in readiness for the implementation of the new General Data Protection Regulation (GDPR) on 25 May 2018.

Can regtech and CLM save the customer experience? - new Finextra report

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Can regtech and CLM save the customer experience? - new Finextra report

Increased regulatory burden is hampering smooth and timely onboarding of customers, as banks struggle with technology implementation and budget parameters, according to financial industry professionals surveyed in a new paper by Finextra Research.

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Artificial Intelligence Bank-in-Messenger raises $1million from IIDF and private investors

The very first “Bank-in-Messenger”- TalkBank.io has raised $1million in seed investments with a company valuation of $6.1million. IIDF and 7 private investors, including Mark Malinovsky (kuponator.ru) have funded the start up.

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Calligo acquires Luxembourg's PSF

Calligo, a leading global cloud solution provider, today announces that it has purchased AMS Systems PSF, a highly respected Luxembourg based IT Services business that provides managed services and cloud infrastructure to the financial services sector.

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