Brussels, 11 November 2013: â€“ Today Kupona, Next Audience, nugg.ad, OMS, Rocket Fuel, Serviceplan, and United Internet Media are the first companies to be awarded the EDAA (European Interactive Digital Advertising Alliance) â€œTrust Sealâ€ (pictured below), demonstrating to consumers and the advertising market that they are in full compliance with the EU Self-Regulatory Programme on Online Behavioural Advertising (OBA).Â
The EU Self-Regulatory Programme aims to provide consumers with greater transparency, choice and control over targeted digital advertising and the Trust Seal is an easily recognisable symbol for the market demonstrating that the relevant business is meeting the requirements of the initiative and their commitment to consumer empowerment.
The EU initiative â€“ supported right across the EU advertising and media sector â€“ will enable advertisers and agencies to look for the new Trust Seal as a leading industry standard when working with relevant third parties to deliver advertising based on consumersâ€™ inferred interests. Many third party ad businesses are now committed to the programme and are working towards Trust Seal status.
This announcement will therefore act as a platform for other engaged companies to move ahead rapidly in building and adapting their processes to obtain the Trust Seal, to the benefit of consumers across Europe.
Oliver Gray, Director-General of the EDAA, commented: â€œThe award of the first EDAA Trust Seals demonstrates how far the Programme has come since we launched the EDAA just one year ago. Companies are no longer simply engaging with our core pillars of transparency, choice and control â€“ they are proving their responsible business practices to consumers and the wider business community too.â€
Nick Stringer, Chairman of the EDAA and Director of Regulatory Affairs at the Internet Advertising Bureau UK (IAB UK), added: â€œThe EDAAâ€™s Trust Seal is now a reality. Businesses are stepping up to the privacy challenge and delivering greater transparency and control for internet users who, in turn, can benefit from more relevant advertising helping to fund online content and servicesâ€.
The Trust Seal is part of an innovative self-regulatory approach to OBA in Europe. Companies involved must go through an independent and credible assessment of their compliance with the European Self-Regulatory Principles on OBA. This is based on the submission of a self-certification form (a companyâ€™s declaration of compliance) to the EDAA, followed by an independent assessment and continuous monitoring of company compliance by one of the four independent Certification Providers, ABC, BPA Worldwide, ePrivacyconsult and TRUSTe. Following 30 days of continuous monitoring of compliance, successful companies are then granted the EDAA Trust Seal.
For more information, please contact:
Dave Barron, EDAA Project Officer (firstname.lastname@example.org)
Tel: +32 (0)2 213 4180