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Wednesday, September 17, 2025
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Breaking News

Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Tuum and Abwab.ai Partner to Deliver End-to-End SME Lending Solutions in the Middle East Tuum Powers Bank CenterCredit’s Digital Transformation, Setting a Blueprint for BaaS and Core Modernization in Global Banking GFT’s Generative AI Credit Risk Assistant to Inform Major Lending Decisions Yuno Launches NOVA, AI Agents to Turn Payment Friction Into Growth; Merchants Recover Up To 75 Percent of Failed Transactions Adyen, Partner of LVMH, Redefines Payments in the Global Luxury Sector WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants Saudi Central Bank Launches Google Pay Service Through Mada Network Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’

Companies face identity verification challenges with data deletion requests under GDPR

As GDPR comes into force today, organisations will be faced with the potentially crippling effect of data deletion requests.

According to a recent survey, a third of Britons are likely to exercise their right to be forgotten under GDPR due to concerns about privacy and data protection.

The first step that customers will take in their right to be forgotten is the submission of a Subject Access Request (SAR). Companies must ensure that they can verify the identities of individuals who are requesting personal information.

In order to effectively verify individuals, companies should consider using multiple identity verification methods, including identity data, mobile, biometrics, and document verification, says Identity Verification expert Trulioo.

When a customer says “forget me” to a business, challenges around identity verification loom. But having effective procedures in place in order to verify the identity of individuals who submit SARs is not the only thing to consider”, says Trulioo’s General Manager Zac Cohen.

It is also important to educate individuals about the possible impact of deletion requests, as many don’t anticipate the impact of their history being wiped. People deserve to know that this potentially prevents them from having access to services because they will no longer be identifiable. Also, as companies no longer have a record of their regular behaviour, fraudulent behaviour becomes harder to detect.”

  1. Cheaper, Faster… Riskier: Over Half Of Brits Plan To Use ChatGPT For Completing Their Tax Returns Read more
  2. Tuum and Abwab.ai Partner to Deliver End-to-End SME Lending Solutions in the Middle East Read more
  3. Tuum Powers Bank CenterCredit’s Digital Transformation, Setting a Blueprint for BaaS and Core Modernization in Global Banking Read more
  4. GFT’s Generative AI Credit Risk Assistant to Inform Major Lending Decisions Read more
  5. Yuno Launches NOVA, AI Agents to Turn Payment Friction Into Growth; Merchants Recover Up To 75 Percent of Failed Transactions Read more
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