TrustCircles for GDPR consent in EU finance
The GDPR-native consent and data layer for EU finance. TrustCircles feeds consent-cleared data and anonymised cross-institution signals into the AML, fraud and KYC engines banks already run. A venture Mindrops co-founded with Jibe Company.
What TrustCircles does
TrustCircles sits between banks, their customers and the AML, fraud and KYC engines that check them. It addresses three problems: banks collect the same KYC data again and again, AML signals are split across institutions, and GDPR requires consent that few systems can run.
Customer consent through DataU
Through DataU, the consent layer built by Jibe Company, customers see each request and share data only when they approve it.
No central data store
TrustCircles holds no personal data: data stays at the institution that holds it, and the architecture is EU-sovereign.
Integration with existing engines
Consent-cleared data and anonymised signals from other institutions flow into any AML, fraud or KYC engine through one open interface.
Logged consent decisions
Approvals, refusals and revocations are logged to a blockchain-anchored ledger, giving evidence for each data transaction.
Verified identity
The idU identity provider issues a verification certificate for the customer.
Modular set-up
An institution can begin with consent management only and add the rest later.
How TrustCircles works
- 01
Data stays at source
The customer’s data remains with the institution that already holds it.
- 02
The bank connects
The institution connects through an SDK, with a proxyU node running on its own premises.
- 03
The customer sees the request
Each data request appears in the customer’s dashboardU.
- 04
Approve, decline or revoke
The customer decides, and every decision is logged to a blockchain-anchored ledger.
- 05
Approved data reaches the engine
Only approved data flows to the bank’s AML, fraud or KYC engine.
Who TrustCircles is for
Banks
Less repeated KYC: structured, consented data from the institution that already holds it, plus anonymised signals from across institutions for AML.
Customers
One dashboard to approve or revoke each request and to see who holds your data.
Regulators
A cross-institution view of data flows for AML oversight that never exposes individuals’ personal data.
More than 4,000 EU financial institutions face the EU Anti-Money Laundering Regulation, which applies from July 2027 and expects cross-institution monitoring under GDPR’s data-minimisation rules.
Frequently asked questions
What is TrustCircles?
Does TrustCircles replace our AML or KYC system?
Where does the data live?
Who is behind TrustCircles?
How do I find out more?
Mindrops’ role in TrustCircles
Mindrops co-founded TrustCircles with Jibe Company and is its preferred integration partner. Filip Fontaine, Mindrops’ Managing Director for the EU, is a TrustCircles co-founder. The engineering we bring is available to banks and fintechs directly.
API & system integration
Secure integration with core banking, KYC and AML systems through documented APIs.
Explore integration →Cybersecurity & compliance
Security architecture, VAPT, secure SDLC and regulatory compliance engineering.
Explore security services →AI & machine learning
Fraud and anomaly detection models, NLP and intelligent automation, from proof of concept to production.
Explore AI services →Contact us
Talk to the TrustCircles team about consent-first data sharing for KYC, fraud and AML before the EU AML Regulation applies in July 2027.