The effectiveness of the sentence: "In relation to national law, the GDPR applies as a matter of priority to all automated processing of personal data as of May 25th, 2018 [...]" is understood by experts. The Düsseldorfer Kreis – the conference of the independent federal and state data protection authorities on April 26th, 2018 – thereby confirms a regulatory framework – and once again surprises an entire industry. Just as, for example, the financial industry has underestimated the determination of the regulation for a long time, the media industry seems to underestimate the inherent connections between technological opportunities, changing regulatory conditions and the associated changes in decision-relevant parameters until now.
Ensuring safe ID management is essential for data protection compliance and online business transactions. VERIMI, together with Fraunhofer AISEC and COREengineering, is publishing a white paper which is transparently outlining their security set-up and contributing to the public discourse of security and data protection.
VERIMI is gradually launching its ID and data platform
Blog Posts10th April 2018
Technology, Banking, Platforms
VERIMI, the new European identity and data platform, with its central and convenient VERIMI log-in (single sign-on) is now available in the German market, as a basic product (Minimum Viable Product – MVP). The launch is following a phased approach: in the first phase, the VERIMI system platform has gone live, with VERIMI shareholders Deutsche Bank and Bundesdruckerei the first organizations to make the green VERIMI button available for their online customers. In a second phase over the coming weeks, the platform will expand to connect additional partners as well as offer new platform features.