Last revised: June 12, 2020
BankiFi offers financial institutions a consent centric platform with business and corporate solutions that enables the banks to go ‘beyond an open experience’ promise with relevant offerings to their client base in terms of time, location and context. BankiFi consists of a data driven distributed banking model that allows financial service providers to manage, consume, distribute and monetise data through a suite of API driven micro services. BankiFi and its solutions are offered as a managed service that can run either in a private or public cloud.
BankiFi Technology Services Ltd. and its wholly owned subsidiary BankiFi to Market bv are committed to preserving your trust and confidence as your privacy is of paramount importance to us. While BankiFi does not obtain personal information from its customers, we do obtain information from your visit to the BankiFi website located at www.bankifi.com (the “Site”). Here we explain how we handle information we learn about you from the Site, what measures we take to safeguard that information and our commitment to data security. We also provide important information here for individuals located within Member States of the European Union, countries in the European Economic Area, the United Kingdom, Switzerland and Australia.
Collection of Information
We collect personal data about individuals from various sources as described below (“Personal Information”):
When you visit a BankiFi Site, our Site identifies your IP address, and BankiFi collects information about the type of browser, operating system, and system configuration that you use. When you download or access certain types of BankiFi marketing content, and/or request to receive information directly from us, such as a subscription to our blog, we may ask you to complete a registration form that identifies Personal Information (such as your name, address, email address and phone number) about you or solicits your comments. Our website is linked to a marketing engine where we store that information and your privacy preferences.
Use of Information
We will normally collect or otherwise process Personal Information from you only: (i) where we need to process the information to perform a contract with you, (ii) where the processing is in our legitimate interests and not overridden by your rights, (iii) where we have a legal obligation to process the information, (iv) where we need to process the information to protect your vital interests or those of another person or (v) where we have your consent to do so. BankiFi may provide additional or supplemental privacy notices to individuals at the time we collect their data, which will govern how we may process the information provided at that time.
We may contact you with marketing communications using the Personal Information you have provided to us if you have actively expressed your interest in particular information or content from us and, in any case, you have not opted out of receiving that marketing, to the extent permitted by applicable law. Where required by law, we will get your express opt-in consent before we share your Personal Information with any company outside BankiFi for marketing purposes. You can ask us to stop sending you marketing messages at any time by contacting us at email@example.com or clicking on the opt-out link included in each marketing message. Should you choose to opt out of receiving our marketing messages, we will continue to carry out our other relevant activities using your Personal Information, including sending non-marketing messages.
Your Consent & Revocation of Consent
Prior uses and disclosures will not be affected (unless required by applicable law), and we may otherwise continue to process Personal Information as permitted or required by law.
In certain circumstances, we will need to use your Personal Information even though you may have asked us to delete it or restrict our use of it, or when you objected to our use. If this is necessary, we will do so in a lawful, fair, and transparent manner. Please contact firstname.lastname@example.org if you have any questions.
When updating your Personal Information, we may ask you to verify your identity before making any changes. We may reject requests that are unreasonably repetitive, require disproportionate technical effort (for example, developing a new system or fundamentally changing an existing practice), risk the privacy of others, or would be extremely impractical (for instance, requests concerning information residing on backup systems). Where we can provide information access and correction, we will do so for free, except where it would require a disproportionate effort. Because we protect information from accidental or malicious destruction, even after information is deleted, it may not be immediately deleted from all technology servers.
Release of Your Information for Legal Purposes
We may access or release Personal Information about you when required to do so in order to comply with any applicable, laws, regulations, subpoena or enforceable governmental or public authority request, including, to meet national security or law enforcement requirements. We may also access or release Personal Information when we have a good faith believe that such access or release is reasonably necessary to (i) enforce applicable terms of service, including investigation of potential violations, (ii) detect, prevent, or otherwise address fraud, security or technical issues, (iii) respond to user support requests, or (iv) protect our rights, property or safety, our users and the public. This includes exchanging information with other companies and organizations for fraud protection and spam/malware prevention.
All Personal Information that we collect or process is considered confidential. We have implemented industry standard security mechanisms, including education and training of our employees, to provide reasonable protection of your Personal Information from loss, misuse and unauthorized access, disclosure, alteration and destruction. We have invested in and deployed a wide variety of technology and security features for the privacy and security of Personal Information. Access to Personal Information is only granted on a need-to-know basis, in accordance with ISO27001 industry standards.
Links with Other Sites
When you access other sites by way of hyperlinks at our Site, please remember that BankiFi has no control over the content posted on those sites.
For visitors to the Site, BankiFi uses first party cookies, third party cookies, and other tracking technologies in order to:
Here are the types of cookies we use:
If you choose, you can set your browser to reject cookies or you can manually delete individual cookies or all of the cookies on your computer by following your browser’s help file directions. Note that turning off cookies may also disable functions of many websites you visit. If your browser is set to reject cookies or you manually delete cookies, BankiFi will not be able to coalesce your anonymous user identity automatically into sessions across pages on the same website.
Privacy laws enable you to have appropriate control and oversight over what BankiFi may do with your Personal Information collected by the Site. If you have questions about your Personal Information rights, or what laws may apply to the Personal Information collected on our Site, please contact email@example.com.
GDPR for EU and UK Individuals:
With respect to Personal Information obtained from EU and UK individuals visiting our Site, we are a “data controller” under the General Data Protection Regulation (EU) 2016/679 (GDPR) Generally, under the GDPR, you have the following rights with respect to your Personal Information:
For More Information