ECJ’s Impending Judgment Puts Schufa Credit Agency Under Pressure: Unusual Letter Signals Nervousness

ECJ’s Impending Judgment Puts Schufa Credit Agency Under Pressure: Unusual Letter Signals Nervousness

An impending judgment by the ECJ puts the credit agency under pressure. The court examines whether the assessments by Schufa violate the General Data Protection Regulation. Now she has sent an unusual letter. A few days ago, Schufa sent a letter that caused a lot of confusion among the recipients – and shows how nervous … Read more

Redefining Schufa: Striving for Transparency and Changing Public Perception

Redefining Schufa: Striving for Transparency and Changing Public Perception

The credit agency Schufa is a powerful institution in Germany. She has data on more than 60 million people, and her assessment of someone’s creditworthiness determines the future of many people every day. If your own value is low, you can only get a rented apartment or a loan with a bang and bang. The … Read more

Reducing default risks through the convergence of open banking and data analytics

Reducing default risks through the convergence of open banking and data analytics

Open Banking meets Data Analytics Author: Aleksandar Jeremic is Managing Director of fino digital, a FinTech in the field of account and data analysis. ” data-image-headline=” Author: Aleksandar Jeremic is Managing Director of Author: Aleksandar Jeremic is Managing Director of until digitala FinTech in the field of account and data analysis. Account transaction data reflects … Read more

Analysis of data protection and data security: The big misunderstanding

Analysis of data protection and data security: The big misunderstanding

Alone: ​​there is a lack of skilled workers. In the federal government alone, every fifth position in IT security is vacant or has one Question from the left-wing parliamentarians Anke Domscheit-Berg surrendered this week. Is data security sufficient in German authorities and companies? All of this shows that data security in Germany is probably not … Read more