Solutions / Financial Services & Banking

Privacy that protects accounts.

From retail banking to wealth management, every transaction is a privacy event. Clarip helps financial institutions inventory sensitive data, govern consent across products, and respond to regulators and customers with audit-grade speed.

Trusted by Fortune 100 banks, insurers, and fintechs

Financial Services Privacy Snapshot
$6M+
average cost of a financial- sector data breach
67%
of consumers would consider switching banks after a privacy incident
20+
U.S. state privacy laws layered on top of GLBA & FCRA
72hr
GDPR breach-notification window for EU customers

The challenge

Sensitive data, fragmented systems, watchful regulators.

Account, credit, and transaction data live across core banking, CRM, lending, and dozens of fintech partners, each one a regulated touchpoint.

Account & transaction PII:

SSNs, account numbers, and transaction histories sprawl across core systems, data warehouses, and downstream analytics environments.

Third-party & fintech sharing:

Open banking APIs, fraud vendors, and BNPL partners require continuous data-sharing oversight under GLBA rules.

Overlapping regulations:

GLBA, FCRA, NYDFS 500, SOX, GDPR, and a growing patchwork of state laws each demand different disclosures and controls.

Fraud-grade identity verification:

Subject rights requests must be fulfilled at the speed customers expect - without opening new fraud vectors.

Capabilities

One platform for the entire financial-services customer lifecycle.

Clarip unifies consent, data discovery, subject rights, and risk intelligence-built for the regulatory weight of financial services.

Consent & Preference Management

  • Granular consent for marketing, analytics, and data-sharing partners
  • GLBA opt-out and CCPA Do Not Sell honored across channels
  • Sync preferences to core banking, CRM, and ESP systems

DSR Automation

  • Self-service portal for access, correction, and deletion requests
  • Bank-grade identity verification before fulfillment
  • Workflow routing across core, CRM, lending, and wealth platforms

Data Risk Intelligence

  • Continuously monitor privacy disclosures for accuracy
  • Detect leakage of PII to ad-tech and analytics tags
  • Prevent cross border data transfers

Data Mapping & PII Discovery

  • Auto-discover SSNs, account numbers, and PCI data across systems
  • Maintain a living ROPA aligned to GLBA safeguards
  • Vendor inventory with risk scoring for fintech partners

Cookie & Tag Governance

  • Automatic discovery of trackers across web and mobile
  • Block non-consented tags before they fire
  • Audit-ready compliance reports for examiners and counsel

AI-Powered Automation

  • Hybrid Al classifies regulated data with high precision
  • Auto-generate privacy notices from your data map
  • Predict regulatory exposure across new product launches

GLBA Compliance & Exemptions Management

  • Map nonpublic personal information (NPI) flows and apply GLBA Section 13/14/15 exemption logic automatically
  • Generate examiner-ready notices, opt-outs, and safeguards documentation aligned to FTC and federal banking rules
  • Reconcile state privacy rights (CCPA/CPA) with GLBA-exempt data to prevent over- or under-disclosure

Use Cases

From account opening to wealth onboarding.

Digital account opening:

Capture consent and disclosures during onboarding, then sync preferences across core banking and marketing systems.

Open banking & data sharing:

Govern third-party data sharing with full visibility into who accessed what - and why.

Lending & credit decisioning:

Maintain FCRA and ECOA compliance with auditable records of consent, adverse action, and dispute handling.

Wealth & advisory platforms:

Honor preferences and deletion rights across advisor CRMs, portfolio systems, and client portals.

Customer story

"Clarip helped us unify consent across retail, lending, and wealth and cut DSR fulfillment, from weeks to under 48 hours, even with our fraud-prevention controls in place."

Chief Privacy Officer · Top-10 U.S. bank

96%

faster DSR turnaround

8

lines of business unified

Regulatory coverage

Stay ahead of every financial privacy law.

Out-of-the-box workflows for the regulations examiners and customers care about most maintained by Clarip's privacy research team.

GLBA

FCRA

NYDFS 23 NYCRR 500

SOX

GDPR (EU & UK)

CCPA/CPRA

PCI DSS alignment

FAQ

Privacy compliance for Financial Services & Banking Industy, answered.

Quick answers to the questions privacy, legal, and engineering teams most often ask about Financial Services & Banking.

Clarip's Automated Data Mapping scans on-prem databases, mainframes, data lakes, and cloud vendors continuously, classifying nonpublic personal information, payment data, and other regulated elements. The live inventory feeds retention, minimization, and risk-tiering programs without relying on stale survey-based mapping.

Clarip's Universal Consent Management Platform unifies marketing consent, communications preferences, and opt-outs across retail banking, wealth, cards, and insurance lines into one customer record. Branch, contact-center, and digital channels share the same source of truth, eliminating the cross-line consent leakage that drives complaints and enforcement.

Banks increasingly expose customer data to fintechs, screen-scrapers, and API aggregators — each one a potential breach and regulatory exposure point. Clarip inventories every third party touching consumer financial data, maps exactly which data elements flow to whom under what legal basis, and enforces consent and purpose limitations at the integration layer. When an aggregator's authorization is revoked or a vendor relationship ends, Clarip triggers downstream deletion and produces the evidence state privacy regulators expect during exams.

Relationship managers, marketers, and operations teams are pasting customer information into ChatGPT, Copilot, and internal LLMs faster than risk teams can write policy. Clarip discovers shadow AI usage across the bank, classifies which prompts and outputs contain NPI or confidential customer data, and enforces guardrails that block, redact, or route sensitive interactions to approved enterprise models. Every employee–AI interaction involving customer data is logged with user, purpose, and data category — giving CISOs and compliance the audit trail needed for GLBA Safeguards, FFIEC, and emerging state AI disclosure laws.

Clarip enforces purpose-limitation and consent checks on the data feeding RAG corpora and prompts, logs every interaction for audit, and flags generative outputs that touch regulated data classes. Banks can deploy copilots and customer assistants without losing visibility into what data the models see, what they say, and why.

See Clarip running on your financial stack.

Get a 30-minute walkthrough tailored to your core banking, lending, and wealth platforms — plus a custom risk assessment of your top digital properties.