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Mastercard, IBM create independent trust to tackle GDPR requirements

Thursday 15 March 2018 14:08 CET | News

Mastercard and IBM have founded Truata, an independent trust body designed to help organisations conduct analytics in full compliance with GDPR.

In addition to being one of Truata’s founders, Mastercard has signed on as one of its first customers, using the Truata solution for data anonymisation and analytics.

Truata will provide a new standard in data hosting and anonymisation. Using proprietary processes, methodologies and intellectual property, its offerings will make it possible for organisations to analyse their data while complying with the privacy and data protection requirements of the GDPR.

Truata’s structure offers a new solution that safeguards privacy and engenders trust. Because of its governance structure, Truata will operate independently of its beneficiaries and customers, thereby allowing it to maintain direct control over data hosting and analytics on behalf of its client companies.


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Keywords: MasterCard, IBM, GDPR, data protection, Truata, privacy
Categories: Fraud & Financial Crime
Companies:
Countries: World
This article is part of category

Fraud & Financial Crime






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