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We haven’t even mentioned compliance challenges, which are especially significant in highly regulated industries like healthcare and financialservices. > > See how adaptive data and analytics governance can help. Get the ebook. At Collibra, we believe it’s the next big step forward in data governance.
However, as important as PCI may be, United States financialservices organizations operate in one of the worlds most stringent and complex compliance landscapes. Understanding the US FinServ Compliance Landscape The US financialservices industry is subject to a vast number of laws and regulations.
3 -- Governance and oversight. Pagefreezer has put together an interesting eBook on this often overlooked aspect of GDPR compliance, Exploring the Impacts of GDPR on The Use of Social Media Communications & Enterprise Collaboration Platforms. These policies must be revisited taking GDPR into consideration. Check it out.
FREE EBOOK] Application Portfolio Management For Mergers & Acquisitions . Industry and government regulations affect businesses that work in or do business with any number of industries or in specific geographies. Ensuring Compliance.
The full digitization of contracts, subscriptions and consumption of services. This drive towards digital transformation allowed financialservices to be one of the sectors that better weathered the Covid 19 pandemic. The increased risk of non-compliance with government regulations and industry mandates.
Payment Services Directive (PSD3) PSD3 is an updated version of PSD2 and provides rules on the efficiency and security of digital payments and financialservices in the EU. It aims to improve competition and innovation in the financial industry while increasing consumer protection.
As stated by the International Association of Privacy Professional ( IAPP ) critical sectors such as financialservices are therefore conspicuously excluded, leaving organizations without a clear pathway to data protection compliance and potentially exposing them to significant risks.
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