The General Data Protection Regulation (GDPR) is a regulation of the European Union , with which the rules for the processing of personal data by private companies and public bodies are standardized across the EU. This is intended on the one hand to ensure the...

The digital development does not stop at the banks either. In this country it is very difficult for the institutes to understand the new business models and to bring old systems up to date. This harbors opportunities for third-party providers to offer innovative financial services...