Banks must bank on privacy, data protection in digital age

Author: Counsel Timothy Amanya. PHOTO/COURTESY 

What you need to know:

  • Noteworthy, a bank’s survival is based on trust and public confidence and the same can be said for most of the online business models in this era where everyone is becoming more concerned about their personal data and privacy. 

The banking sector like other sectors is faced with multiple cutting-edge technologies that have created several new models of doing business. 

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