Master 25 Fintech Product Manager interview questions covering payments, regulation, and product strategy.
Question 9 of 25
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The European Union's General Data Protection Regulation (GDPR) impacts fintech product managers everywhere given the globalization of the internet and since apps can be downloaded from anywhere in the world. The interviewer wants to know that you're familiar with what the GDPR is and how to be in compliance with it. Make sure to research this before the interview so you can easily discuss it.
"To start, GDPR stands for General Data Protection Regulation, and it is a set of rules that dictate how we need to handle the personally identifiable information (PII) of all EU customers. As technology and globalized internet commerce continue to evolve, protecting users' PII is of vital importance and something that every product manager needs to take into consideration. In fact, I'm aware that if a company isn't in compliance with the GDPR, they can be fined millions of dollars so this isn't a light matter. PII is any data that can be used to identify a specific person, such as social security numbers, telephone numbers, email addresses, and mailing addresses. As a fintech product manager, I am careful about how we go about collecting this type of data and understand the necessity of purging it from archives. I don't work on any project without taking into account the implications of GDPR and ensuring we are in full compliance with it."

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Written by Marcie Wilmot
25 Questions & Answers • Fintech Product Manager
By Marcie
By Marcie