Preparing for GDPR: What the Financial Services Industry Should Know

August 29, 2017

Businesses around the globe are becoming increasingly data driven. This, in large part, has to do with the expectation of customization across the user experience. Financial institutions, for example, have been able to use customer data and customization to offer tailored services to their customers, such as loans or insurance, based on recent purchases or financial history. However, consumers are now being encouraged to re-take control of their own personal data. The new emphasis being placed on individual rights to data is clearly demonstrated...

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