1 month ago
German companies plan European online personal data firm
German finance, auto and publishing firms are in talks to form a European company to store personal data securely so customers can make purchases online from different outlets without punching in their details each time. The plan mirrors an initiative in the United States by Facebook, which created Facebook Connect to allow logging on to multiple sites with a single identity. Allianz, Axel Springer, Daimler , Deutsche Bank, technology think-tank Core, and location services provider Here Technologies signed a declaration of intent to establish a platform for registration, e-identity and data services, the group of firms said on Monday.