WHO WE ARE & THE PARTNERSHIP
Two Companies. Two Technologies. One Mission.
TrustCircles is a Strategic Technology partnership between two companies that have spent years solving different but deeply connected problems in the European data and financial crime landscape — each bringing a proven capability that, together, forms the foundation of this platform.
Jibe Company is the architect of DataU — a GDPR-native, consent-driven data sharing platform proven across EU-funded programmes, government services, and commercial sectors. DataU provides TrustCircles with its consent foundation — giving every bank customer verified, transparent control over their personal data.
Mindrops is a specialist in AI-driven financial crime prevention, with deep expertise in AML detection and behavioural analysis. Processing over 50 million transactions per day, Mindrops delivers the AML intelligence layer within TrustCircles — enabling real-time detection, reduced false positives, and proactive identification of financial crime.
Together, these two teams and their respective technologies are united by a shared belief: that GDPR compliance and AML effectiveness are not competing priorities — they are complementary ones. EU banks have long treated them as separate problems. TrustCircles is built to solve them as one.
Single SaaS Platform
WHAT WE ARE BUILDING
Enabling the Future of Banking in Europe
Trust Layer
TrustCircles is designed to integrate seamlessly with existing banking infrastructure — enhancing it, not replacing it. By introducing a unified layer for consent management and AML intelligence, the platform will empower financial institutions and other data holders to operate with greater transparency, regulatory confidence, and customer (data owner) trust.
Our Mission
Enabling secure, consent-driven data sharing that empowers financial institutions to detect and prevent financial crime, while ensuring data owners remain in control of their information.
OUR FOUNDATIONS
Built on Proven Ground
TrustCircles is based on architectural foundations that have already been tested, certified, and deployed across real-world EU programs and institutions. The technology underpinning this platform is not new — it has been proven at scale.
EU H2020 · PoSeiD-on
GDPR-compliant data sharing for millions of individuals connecting to central government services across EU member states.
Horizon Europe · Foodity, SOSFood, SPOON
Consent-managed data flows across consumer and food supply chain programs across Europe.
Industry 4.0 Data Sharing
Cross-border data sharing for industrial value chains operating across EU member states.
Smart City Government
Smart health and energy services delivered with full consent management infrastructure
Retail Loyalty Platform
Millions of bank customers managing their data sharing preferences through a personal dashboard at scale.
ISO/IEC 27001:2013 — DNV-GL Certified
The International Gold Standard for Information Security Management. Every system, process, and data handler within the TrustCircles framework operates under this standard — ensuring institutional-grade security at every level.
GDPR — Privacy by Architecture
GDPR compliance is not a layer applied after building. It is the reason the architecture was designed the way it was. The rights of every bank customer are encoded into the platform's core logic — from the ground up.
What Makes Us Different
Not a Compliance Tool. A Data Platform.
TrustCircles Holds No Personal Data
Personal data stays with the financial institution and the bank customer. It manages only the consent relationships between them — no centralised data store, no platform-level liability.
Consent Is Structural, not a Checkbox
Every data request is presented to the bank customer for explicit approval — recorded transparently, not buried in a cookie policy.
Bank Customers Have a Real Dashboard
A personal dashboard showing every institution that holds their data, what has been shared, and a single control to stop any sharing at any time.
Dynamic Data, Not Static Records
TrustCircles shares only what is needed for each specific request — nothing more. Less exposure for customers, less risk for institutions.
Why This Approach
Distributed vs. Traditional Compliance Infrastructure
Central data aggregation introduces risk at a scale. A distributed architecture addresses the root cause — not just the symptoms.
| Operational Capability | Traditional Systems | TrustCircles Platform |
|---|---|---|
| Data Centralization | Single shared repository | Data stays at source — always |
| Breach Surface | One compromise exposes all data | No central store, no single point |
| Collaboration | Manual or batch-based sharing | Real-time, encrypted P2P |
| Audit Trail | Internal logs, editable | Tamper-proof record (verifiable) |
| Data Residency | Difficult across borders | Natively supported everywhere |
| False Positive Rate | High with rule-based systems | Reduced via continuous AI learning |
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WHO WE SERVE
Built for the European Financial Ecosystem
TrustCircles solutions are targeted for the institutions, individuals, and authorities that make up Europe's financial system — each of whom has a distinct role within the platform.
EU Banks & Financial Institutions (Data holders)
Bank Customers
(Data owners)
Financial Regulators & Supervisory Authorities
Compliance & Risk Teams
OUR PRINCIPLES
What We Stand For
Every decision made in building TrustCircles is guided by a set of principles that reflect why this platform exists in the first place.
Privacy Is Not a Feature - It Is the Foundation
Data protection is not a compliance obligation we manage. It is the design principle that shapes every part of TrustCircles — from architecture to user experience.
Consent Must Be Real
Informed, specific, and revocable. TrustCircles makes genuine consent the default — not the exception — in every interaction between a bank customer and a financial institution
Compliance and Intelligence Belong Together
The separation of GDPR compliance and AML effectiveness has created risk and blind spots across EU banking. TrustCircles is built to unify them.
Trust Is Built Through Transparency
Financial institutions earn customer trust by demonstrating it — through transparent, auditable data practices. TrustCircles gives institutions the infrastructure to do exactly that.
THE REGULATORY CONTEXT
Why Now
The regulatory environment facing EU financial institutions has never been more demanding. Several converging directives are reshaping what is expected of banks — and the window for proactive compliance investment is narrowing fast.
AMLR 2024/1624 — July 2027
AMLR 2024/1624 — The July 2027 Deadline
A directly applicable regulation requiring 4,000+ EU financial institutions to demonstrate robust, auditable AML processes and full GDPR alignment — simultaneously. The clock is running.
eIDAS 2.0 & EU Digital Identity Wallet
By 2026, EU member states must provide citizens with a Digital Identity Wallet. Financial institutions will need KYC and onboarding processes compatible with this framework.
DORA
Requires institutions to demonstrate operational resilience across their digital infrastructure — including third-party compliance platforms.
PSD3 & Open Finance
Institutions will need to manage a broader set of consent relationships with greater precision and accountability.
Strengthened GDPR Enforcement
Fines, audit demands, and reputational consequences for non-compliant data practices are rising across the EU.
New AML Directives & AMLA
TThe Anti-Money Laundering Authority is raising the bar for cross-institution cooperation, real-time detection, and regulatory reporting.
The Risk of Getting the Architecture Wrong
In 2024, a major EU inter-bank AML consortium was wound down because its centralised architecture could not simultaneously satisfy GDPR and AML retention obligations. The wrong infrastructure choice carries real, consequential risk.