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

Alternatives to WhatsApp ensure more data protection

Alternatives to WhatsApp ensure more data protection

Apr 26, 2022 @ 7:29pm messenger services : Alternatives to WhatsApp bring better data protection – There are many different messenger services on the market. Photo: dpa/Frank Rumpenhorst – – Düsseldorf Messenger WhatsApp is repeatedly criticized for its sometimes inadequate data protection. There are many alternatives. The consumer advice center knows what users need to … Read more

Forecasting cybersecurity trends

Forecasting cybersecurity trends

Autor: Cherif Sleiman, Chief Revenue Officer at Safe Security ” data-image-headline=” Autor: Cherif Sleiman, Chief Revenue Officer at Safe Security ” data-image-copyright=” “> Autor: Cherif Sleiman, Chief Revenue Officer at Safe Security – The first phygital disaster is just around the corner We probably won’t have to wait long for a core business-critical application to fail … Read more

Science & Technology: Surfing Safely: Virus Protection on Windows 10

Science & Technology: Surfing Safely: Virus Protection on Windows 10

– Windows 10 Antivirus programs such as Microsoft Defender are designed to protect against Trojans, spyware and other online threats. Photo: Robert Günther / dpa-tmn – (Photo: dpa) – – – – By the end of June 2021 alone, the AV-TEST Institute, a research institute for IT security from Magdeburg, had registered 1,242 million malware, … Read more

The end of IBOR – what will change for the financial industry?

The end of IBOR – what will change for the financial industry?

How can the transformation process succeed? Dr. Lars A. Ludwig has been an expert in business software in the finance sector and a managing director for more than 25 years Targens. With his passion for innovation and organizational development, he was awarded the highest German IT award in 2011 "CIO of the year “. He … Read more

How financial institutions can differentiate themselves today

How financial institutions can differentiate themselves today

Carsten Dalquen is Account Director Digital at the IT service provider Macaw ” data-image-headline=” Carsten Dalquen is Account Director Digital at the IT service provider Macaw ” data-image-copyright=” “> Carsten Dalquen is Account Director Digital at the IT service provider Macaw – The financial sector has undergone significant changes in the past few years. As new … Read more

Artificial intelligence is bypassing bank customers

Artificial intelligence is bypassing bank customers

Dr. Werner Steck, partner at Senacor ” data-image-headline=” Dr. Werner Steck, partner at Senacor ” data-image-copyright=” “> Dr. Werner Steck, partner at Senacor – “With artificial intelligence, you can create aha effects and surprise customers,” says Dr. Werner Steck, partner at Senacor. “It is easy for people to get excited about something that they have never … Read more