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GDPR- A Year To Go: Huge Opportunity For Both Consumers and Financial Institutions
Gé Drossaert, Group Chief Commercial Officer (CCO) and Member of the Board at Fidor said:
“For consumers, the EU General Data Protection Regulation (GDPR) affords them a number of additional protections regarding their data and really gives them a say in how this data is managed and used. Meanwhile, for financial institutions, with GDPR they face a regulatory landscape which is more complex and which ultimately increases their costs as they try to get ready before May 2018. However, crucially, GDPR also creates a significant opportunity for banks to become more transparent in their business practices, which can only enhance the trust levels with their customers.”
“From Fidor’s perspective, we’re in quite a good position as we can work with Fidor Bank to make sure that we are fully compliant. The importance of compliance can’t be overstated, this is because data security and protection are part of our value promise to our banking and software clients.”
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Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents
Payhawk announced set of AI agents that complete everyday finance work as part of its product launch
Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants
Ant International will launch cross-border QR code payments between the Saudi Arabia’s (KSA) national payment scheme, mada, Alipay+, during 2026 to drive digitisation and inclusive growth for local merchants.
Saudi Central Bank Launches Google Pay Service Through Mada Network
The Saudi Central Bank (SAMA) announced the launch of Google Pay through the Kingdom’s national payment network, Mada
Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion
Tamara has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major FIs
Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’
Starling has revealed major changes to its visual brand, with a new logo, colours and card designs set to roll out to the bank’s app
barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia
Thunes and barq launched barq’s enhanced remittance services to millions of consumers across the Kingdom
Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments
Paymentology announcesd its commercial registration in Riyadh bringing card issuing and payment processing to Saudi Arabia
Payhawk Transforms Spending Experience for Businesses With Four Enterprise-Ready AI Agents
Payhawk announced set of AI agents that complete everyday finance work as part of its product launch
Alipay+ to Launch in Saudi Arabia, Facilitating Cross-Border Mobile Payments for Local Merchants
Ant International will launch cross-border QR code payments between the Saudi Arabia’s (KSA) national payment scheme, mada, Alipay+, during 2026 to drive digitisation and inclusive growth for local merchants.
Saudi Central Bank Launches Google Pay Service Through Mada Network
The Saudi Central Bank (SAMA) announced the launch of Google Pay through the Kingdom’s national payment network, Mada
Tamara Secures New Asset-Backed Facility of Up to $2.4 Billion
Tamara has secured the largest asset-backed facility of its kind in the region of up to $2.4 billion from major FIs
Starling Reveals New-Look Logo, App and Cards as Bank Launches Brand Mission to Help Britons Become ‘Good With Money’
Starling has revealed major changes to its visual brand, with a new logo, colours and card designs set to roll out to the bank’s app
barq Joins Forces With Thunes to Power Faster, World-Class Remittances Across Saudi Arabia
Thunes and barq launched barq’s enhanced remittance services to millions of consumers across the Kingdom
Paymentology Expands Presence in Saudi Arabia to Support Vision 2030 and Next-Generation Payments
Paymentology announcesd its commercial registration in Riyadh bringing card issuing and payment processing to Saudi Arabia