Customer Data Sharing vs Privacy Protection
Apply data minimisation and purpose-based tokenisation so every Open Banking data share is confined to what GDPR and the customer's specific consent actually permit.
CyberTRIZ analysis · Banking contradiction OB005 · one of 8,235 worked contradictions published by CyberTRIZ.AI
Regulations
Business Context
Open Banking enables customers to share financial information with authorized providers while privacy regulations require banks to minimize unnecessary data exposure.
Banking TRIZ Resolution
Apply data minimization, tokenization, granular consent management, and purpose-based access so only the information required for each service is shared.
Recommended Principles
Principle 2 - Taking Out
Principle 24 - Intermediary
Principle 39 - Inert Atmosphere
Expected Outcome
Better privacy
Stronger customer trust
Regulatory compliance
TRIZ principles applied
P2 Taking OutP24 IntermediaryP39 Inert Atmosphere
Controls that address this (22)
EU_GDPR-CTRL-001 - Daily safeguarding reconciliationoperational · critical priority · Daily reconciliation between safeguarded customer balances, core ledger balances and safeguarded bank accounts. Variances above EUR 100 mustEU_GDPR-CTRL-002 - Critical ICT incident reportingoperational · critical priority · All major ICT incidents impacting payment services, customer data or availability must be classified within 4 hours and reported under DORA EU_GDPR-CTRL-003 - GDPR breach notification workflowoperational · critical priority · Personal data breaches must be assessed within 12 hours and reported to the Belgian DPA within 72 hours where risk to data subjects exists.