Remove GLBA Remove Processors Remove Social Security
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Spinning Raw Data Into Synthetic (Revenue) Gold For FIs

PYMNTS

On the other hand, there is the ability for a firm — such as an FI or processor — to monetize data internally. It typically includes credit card data, addresses, names and even Social Security numbers. On one hand, there’s the goal of monetizing data externally, which is selling the data to third parties.

GLBA 57