back Back

mePrism joins Palantir’s Foundry for builders’ initiative, powering its mission to release digital identity ownership to consumers

By Edlyn Cardoza

October 12, 2021

  • Compliance
  • Foundry
  • mePrism
Share

mePrism, Palantir Technologies, Foundry, USAmePrism, a start-up focused on enabling consumers to take control over their data and how it is transacted in the digital marketplace, recently announced it will be joining Palantir Technologies’ Foundry for Builders initiative. Using Palantir Foundry, mePrism will further enhance its existing capabilities to match consumer appetite for the commercial use of their data with commercial outcomes that respect critical privacy and data protection requirements and expectations.

“Leveraging Palantir Foundry will empower us to offer consumer-facing businesses not only clean title data, but also the systems necessary to expertly navigate the world of data engineering, data science, compliance, and all of the regulation inherent in working with personal information,” said Tom Daly, CEO and Founder of mePrism.

“Businesses that lack the internal expertise needed to develop and execute data-driven strategies are unable to compete and innovate in this space. Worse, they risk stumbling into data practices that are fundamentally at odds with regulatory requirements and consumer privacy expectations, resulting in a disappointed and disenfranchised consumer.”

Palantir’s platform will accelerate the speed at which mePrism can empower consumers to gather their own data from the myriad firms tracking it so they can take control of their digital identity. In addition, businesses that purchase data directly from consumers via the mePrism platform may leverage the analytics and processing horsepower offered by Foundry to make the right decisions for their organizations, creating a more transparent marketplace that benefits all participants.

mePrism is among the first companies to join Palantir’s Foundry for Builders, an initiative dedicated to supporting early-stage companies by providing them with the Palantir Foundry platform, helping fuel their growth.

mePrism is a team dedicated to consumer empowerment, specifically focused on the data economy. They believe it is your property, and that you should be given the tools to take full advantage of data you create every day from using search engines, online shopping, social media, maps, and more. Their team comes from various backgrounds across academia, financial markets, technology, blockchain, and are all woven together by ethically-driven values of security, privacy, and the betterment of humans in the new economy: the age of data.

Previous Article

October 12, 2021

tomato pay reveals a research report on the impact of late payments

Read More
Next Article

October 12, 2021

Pleo expands its European services and moves into the free price segment

Read More

IBSi Prime News

astra

December 08, 2021

Compliance

Transferring money to the right place at the right time: Interview with Gil Akos, CEO of Astra

Read More
  • Daily insightful news analysis
  • Weekly snapshot of the industry deals, events & insights
  • Sectoral deep dives on the hottest FinTech trends
  • Exclusive interviews featuring c-level executives shaping the industry
  • Profiles of the most influential established and emerging companies in the sector
  • Weekly global FinTech use cases
  • Chart of the Week curated by the IBSi’s Research Team
Subscribe to Prime

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Synechron and LeapYear Technologies partner to accelerate the use of ‘differential privacy’ solutions

Read More

December 07, 2021

Raisin Bank selects ComplyAdvantage for anti-money laundering capability

Read More

December 06, 2021

Jack Henry collaborates with Envestnet | Yodlee to improve financial data access

Read More

Related Reports

Sales League Table Report 2021

£1,500 / year

Know More
US Financial Services Technology Report 2021

£1,500 / year

Know More
The Future of Digital Banking Report 2021

£1,500 / year

Know More
Wealth Management & Private Banking Systems Report 2021

£1,500 / year

Know More
Treasury and Capital Markets Systems Report 2021

£1,500 / year

Know More