Spinning Raw Data Into Synthetic (Revenue) Gold For FIs
PYMNTS
JUNE 11, 2019
It typically includes credit card data, addresses, names and even Social Security numbers. In short, concerns with GLBA, GDPR , PCI, reputational and headline risks tied to raw data can literally “all go away with the use of synthetic data.”. Those fears, he added, can be solved through the use of synthetic data.
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