Media contributions
1Media contributions
Title European banks are caught in Data dilemma Media name/outlet Bloomberg Country/Territory Netherlands Date 24/05/18 Description European banks are agonizing over how to handle the mountains of client data at their disposal -- and not just because Facebook Inc.’s privacy scandal showed them the potential pitfalls of getting it wrong.
Sweeping new European Union rules kicked in on Friday, setting out strict new boundaries on the information companies can gather about their clients and how they use it. Violators can be fined as much as 4 percent of their global revenues.URL https://www.bloomberg.com/news/articles/2018-05-25/banks-caught-in-data-dilemma-as-eu-pulls-them-in-two-directions?srnd=infotech Persons Lokke Moerel
Keywords
- psd2