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FIS Helps Drive Privacy Compliance for Global Financial Institutions

01/12/2016

LONDON and JACKSONVILLE, Fla., 1 Dec. 2016FIS™ (NYSE: FIS), a global leader in financial services technology, and Trunomi, a provider of customer consent management and permissioned personal data-sharing technology, are working to turn the EU General Data Protection Regulation (GDPR) into an opportunity for financial institutions to improve customer service while complying with the new law.

Combining the breadth of FIS’ global banking technology and consultancy with Trunomi’s customer-driven, consent-based data sharing platform, the companies have partnered to create a solution that will support GDPR compliance for financial institutions, while simultaneously deepening relationships with customers. The new solution integrates into FIS’ banking and payments platforms to securely connect financial institutions and their customers so those customers can create, control and share their digital identities as they choose.

“The financial industry has a lot of work to do to prepare for GDPR’s May 2018 deadline,” said Bruce Jennings, EMEA strategy director, FIS.

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