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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’ barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments JPMorganChase and Plaid Announce an Extension to their Data Access Agreement for Sharing of Consumer Permissioned Data Enhancements to Ecommpay Subscriptions Service Help Address Failed Recurring Payments HSBC Deploys Wealth Intelligence for Its Wealth Management Staff to Enhance Client Experience Klarna Customers in US and UK Can Now Access Klarna Installment Plans for In-Store Apple Pay Purchases

Crayon Announces GDPR Services Based on Microsoft Technology

Experts in Risk Assessment and Technology Optimisation Planning to drive compliance with GDPR for businesses worldwide  

Crayon has launched GDPR services based on Microsoft technology to help businesses comply with the new European regulations arriving next year.

With the GDPR coming into force on May 25th 2018, businesses of all sizes handling data on EU residents must comply with new rules on the protection of this and its privacy across EU member states. However, this is further complicated by regulations also applying to anywhere where EU resident’s personal data is processed or monitored. Should that data become compromised, then businesses must also report any data breaches within 72 hours. Failure to do so could see them being fined €20,000,000 or 4% of their global annual turnover in the preceding financial year, depending on which is higher. The GDPR also introduces a statutory basis for the role of data protection officer (DPO).

To meet these demands Crayon’s specialist team of GDPR practitioners will advise and assist businesses consuming Microsoft solutions on their strategy and approach when it comes to complying with GDPR via its new GDPR Governance Service, a comprehensive GDPR management and risk mitigation solution. Furthermore, Crayon will offer managed services and training for DPOs around GDPR for clients and partners alike.

Already trusted by many of the world’s leading organisations as the go-to experts for Software Asset Management (SAM), the move is a natural extension for the Crayon business in deepening customer engagement en route to compliance and technology optimisation.

By undertaking a full risk assessment analysis with Crayon and utilising the embedded data governance qualities in Microsoft solutions such as Azure, Office 365 and SQL Server, businesses will be able to address areas of risk in their IT environment, with Crayon’s specialist GDPR team providing the expertise to bring those areas into compliance.

Says Torgrim Takle, CEO, Crayon Group: “By providing businesses with detailed insight into areas of risk and risk mitigation in relation to their IT environments, Crayon’s team of GDPR experts can help make the road to GDPR compliance a smooth journey.

However, GDPR compliance should be part of an overall governance strategy and not seen as an end in itself. We believe cloud services, such as Azure, can offer a more streamlined way for customers to meet their GDPR compliance obligations.” 

  1. WorkFusion Raises $45 Million in Funding to Fuel Growth for Agentic AI for Financial Crime Compliance Read more
  2. AI-Powered E-commerce, Stablecoins and Local APMs: Emerging Trends Headline EBANX’s Payments Summit in Mexico Read more
  3. Second Day of Money20/20 Middle East Unveils Next-Gen Solutions at the Region’s Largest Ever Fintech Gathering Read more
  4. United Gulf Financial Services Joins The Hashgraph Association and Exponential Science Foundation Adding $1M to Hedera Africa Hackathon Pool Prize Read more
  5. Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents Read more
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