IdentityMindGlobal—a SaaS platform provider that builds, maintains, and analyzes digital identities worldwide—announced that it is now GDPR-ready in the run-up to the May 25 deadline of the EU General Data Protection Regulation (GDPR).
IdentityMind Global’s KYC Plugin, which allows clients to onboard customers, has been updated to meet GDPR readiness. KYC plugin takes care of consent flow, consent management, right to erasure, and data minimization. KYC decisioning process takes into consideration the third-party data sources being used for KYC and their GDPR compliance. IdentityMind’s risk and compliance platform meets the increased security requirements of GDPR for KYC data.