Authenticated Payments

How Banks Can Bridge The Data Sharing Privacy Gap

As much as consumers love the convenience of connected online banking experiences, nearly eight in 10 digital banking customers are unaware that FinTech apps can sell the information they share with other parties. In the “Authenticated Payments Report,” a PYMNTS and LoginID collaboration, PNC Bank’s Natalie Talpas explains why banks must create transparent consent management processes and close this data sharing awareness gap.

Inside the November/December Report
  • An interview with Natalie Talpas, senior vice president and digital product manager at PNC Bank, on why banks must create secure, transparent consent management processes
  • The latest authenticated payments developments, including why the Belgian Data Authority recently alleged online advertising trade organization IAB Europe’s Transparency and Consent Framework is in breach of GDPR and why experts predict an increase in GDPR regulatory oversight in 2022 
  • A Deep Dive examining consent management’s role in the open banking space and what banks must do to ensure that consumers understand the implications behind sharing their data with third parties

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    LoginID Authenticated Payments Tracker Series

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