Experian, Fiderus Partner on Privacy Compliance

Share this article:
Data services firm Experian announced a partnership yesterday with privacy consulting firm Fiderus to help businesses comply with privacy legislation as well as manage customer relationships.


The main part of the agreement concerns financial companies' compliance with the Gramm-Leach-Bliley Financial Privacy Act. This legislation requires financial institutions to disclose their privacy policies to customers and, in some circumstances, restricts banks from sharing customers' nonpublic, personal information. The deadline for financial institutions to disclose their data-sharing practices to customers is July 1.


Fiderus will assess businesses' privacy practices with an emphasis on compliance with GLB. Then, Fiderus and Experian will create and implement a Privacy Notification Service using Experian's proprietary data integration technology.


The Privacy Notification Service will allow clients to comply with GLB by executing the privacy notice mailing and managing opt-out responses.


"We help our clients provide a record of their good-faith efforts to comply with the law," John Nebergall, vice president at Experian, Orange, CA, said in a statement. "Experian and Fiderus provide our clients the convenience of a central location for designing and implementing a privacy-enabled customer information repository that can be used as the basis for a customer relationship management solution."


Share this article:

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

News Byte: Comcast Expanding Global Ad Delivery Through Partnership

News Byte: Comcast Expanding Global Ad Delivery Through ...

Through a partnership with Adstream , Comcast's AdDelivery Service expands its footprint across the globe.

40 Under 40 2014: Nominations Are Now Open!

40 Under 40 2014: Nominations Are Now Open!

It's time to nominate the 2014 crop of young marketing luminaries for Direct Marketing News's 40 Under 40 Awards. The deadline is Friday, June 6, 2014.

News Byte: MediaCrossing Partners with ASL Marketing on Youth Marketing Tool

News Byte: MediaCrossing Partners with ASL Marketing on ...

The digital media trading firm and marketing database company aim to help marketers target 13 to 34 year olds.