What Personal Information do we collect?
How do we collect your Information?
We collect information from you where you provide Personal Information when you register on our website or application, open an account with us, contact us for questions or requests, when you enter into an agreement with us, use our applications or when you visit our website.We also collect Personal Information from Third Parties as required or permitted by applicable law. Third Party sources may include but are not limited to identity verification partners, analytics providers, marketing firms. We also receive Personal Information about you from third parties who you have authorized to disclose information about you that we may need for the user and Lender account opening process, to satisfy and Know your Customer (KYC) and Anti-Money Laundering (AML) obligations and to effect account transactions and operations.
How do we use your Personal Information?
We may collect and use your Personal Information, as required or permitted by applicable law, to:For the provision of our services and products in order to meet our contractual obligations to you;Conduct background checks for Know Your Customer (KYC) reviews and Anti-Money Laundering (AML) purposes; To communicate with you in relation to your contractual arrangements with Deflation Ltd.; Send you notices and confirmations regarding your money transfers to and from SavingBlocks application and other confirmations and information regarding your transactions with us;Provide support and information to your account and your contractual agreements with u;Deliver content about our services and products, and send promotional and other information to you;Conduct analysis regarding your usage of our services and products and the effectiveness of our marketing initiatives;Provide, troubleshoot, and improve our products and services. We use your personal information to provide functionality, analyse performance, fix errors, and improve the usability and effectiveness of our services and for you to have a better user experience.We will not use your Personal Information for purposes other than those purposes we have disclosed to you without your permission. If we need to use your Personal Information for an unrelated, new, or additional purpose, we will notify you and obtain your consent to use it for such unrelated, new, or additional purpose.
How do we protect your information?
Your personal information is contained behind secured networks and is only accessible by a limited number of persons who have special access rights to such systems, and are required to keep the information confidential. In addition, all sensitive/credit information you supply is encrypted via Secure Socket Layer (SSL) technology. We implement a variety of security measures when a user enters, submits, or accesses their information to maintain the safety of your personal information.
Sharing your Personal Information
We do not include or offer third-party products or services on our website.
We, or our service providers on our behalf, may use your Personal Information to send you marketing and promotional communication that we believe may enhance your experience with our services or products, or may be of interest to you. If you do not want to receive marketing and promotional communication from us, you can opt-out at any time by contacting us, or by unsubscribing via the links provided in the marketing emails.
Sale of Your Personal Information
We do not sell your Personal Information.
Personal Information of Minors
Our services and products are not intended for individuals under the age of eighteen (18). We do not knowingly collect and use Personal Information related to minors.
Retention of Personal Information
We may be required under applicable laws and regulatory requirements to retain certain information, including, but not limited to, Personal Information of clients, client profiles, identification verification materials, information we used to satisfy our Know Your Customer (KYC) and Anti-Money Laundering (AML) obligations, account information, contractual agreements and other records.Such records are generally retained as required by law, rule or regulation, or for the minimum amount of time necessary to accomplish the purpose for which it was collected, and thereafter no longer than is permitted under the data retention policies of Deflation Ltd..Should you decide to terminate our contractual relationship or close your account, we may retain copies of information about you and any transactions or services in which you may have participated in accordance with applicable law and for a period of time that is consistent with such law, applicable statute of limitations, or as we believe is reasonably necessary to comply with applicable law, regulation, legal process, or governmental request, to detect or prevent fraud, to collect fees owed, to resolve disputes, to address problems with our services and products, to assist with investigations, to enforce any of our terms and conditions or other applicable agreements or policies, or to take any other actions consistent with applicable law.
Your Privacy Rights
Depending on the jurisdiction where you reside, you have certain rights over your Personal Information. You may exercise these rights, based on the applicable jurisdiction, by contacting us at firstname.lastname@example.orgUnder the UK Data Protection legislation, data subjects have the following rights with regards to their personal information:the right to be informed about the collection and the use of their personal datathe right to access personal data and supplementary informationthe right to have inaccurate personal data rectified, or completed if it is incompletethe right to erasure (to be forgotten) in certain circumstancesthe right to restrict processing in certain circumstancesthe right to data portability, which allows the data subject to obtain and reuse their personal data for their own purposes across different servicesthe right to object to processing in certain circumstancesrights in relation to automated decision making and profilingthe right to withdraw consent at any time (where relevant)the right to complain to the Information CommissionerWhen you consent to our processing your personal information for a specified purpose, you may withdraw your consent at any time.In addition, subject to applicable law, you have the right to request access to, correct, and delete your personal data, and to ask for data portability. You may also object to our processing of your personal data or ask that we restrict the processing of your personal data in certain instances, by contacting email@example.com
You may contact us at firstname.lastname@example.org and we will work to address any questions or issues that you have with respect to the collection and processing of your personal information.