In this digital age, a substantial number of our personal financial transactions are conducted via the internet. Facebook is one example of a major platform that is exploring ways to integrate financial services into its portfolio, but what does this mean for data security and consumer rights? In this blog post, Jamie Thunder – senior policy adviser for the consumers’ association Which? – explains how access to banking data will be regulated in the EU from next year.The increasing importance of digital platforms and data to our lives is perhaps the defining trend of the 21st century so far.
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