Payments Leader

How New Data Control Changes Will Impact Banks and Consumers By Bob Legters

April 23, 2019

Bob Legters, FIS | Chief Data Officer of Banking and Payments

In the past year, topics surrounding consumer controls and how data can be used came front and center. First, there was GDPR, the European mandate for how companies must protect personal data. Soon after, the California Consumer Privacy Act (CCPA) came into effect in the United States. The summer and fall of 2018 brought weeks of U.S congressional hearings digging into how consumer data is used by tech and social media giants.

We’ve entered the first phase of a new era of data regulation and given the highly sensitive data that financial institutions and fintechs handle, financial services as we know may it may soon be forever changed.

Read the full article on Forbes here.

Bob Legters

Chief Product Officer, FIS Payments Division

For the past two decades, Bob has focused on products and services support for clients. He has spent 17 of those years in a leadership role with groups ranging from 5 to 200 employees. Bob’s unique experience allows him to efficiently operate at a level that exceeds the normal executive role of understanding and recognizing client and consumer needs in the payments space.

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