We ensure confidentiality of your financial data and keep it safe and secure.
Financial data usage
Your financial data will only be used for the purpose of credit scoring. We will never sell your data to a third party, or use it for any other purposes without your explicit consent.
As we are using your data for credit scoring, we are able to provide you with accurate and personalized credit offers. Because you do not have to leave any personal gurantees this is the only way we can evaluate your business and give you a good credit offer. Thank you for trusting us with your data, and please do not hesitate to contact us if you have any further questions or concerns.
Data security and protection
At Float, we understand the importance of data security and safety when processing your sensetive data. That's why we take a number of steps to ensure that our data processing practices are secure and compliant with the regulations set forth by the European Union and that your data is stored within the EU.
Our strict access controls allow only authorized individuals to access the data, and all access is carefully logged and monitored. This helps to prevent unauthorized access.
In addition to access controls, we also employ a number of technical measures to protect the data. This includes encryption, firewalls, and other security technologies that help to prevent unauthorized access to the data. These measures help to ensure that the data is always kept safe, even if it is being transmitted over a network or stored on a server.
Compliance and regulation
We are also committed to maintaining compliance with relevant regulations, including the General Data Protection Regulation (GDPR). This requires regular training and updates to our policies and procedures, and helps to ensure that we are always in compliance with these regulations.
How we protect you
To stay ahead of the constantly evolving threat of scams, Float is constantly developing new solutions to safeguard against the latest scam technology. Below are some of the ways Float identifies and blocks scammers from accessing your sensitive information:
- Encryption: All sensitive information, such as your Social Security number, is securely encrypted when transmitted or stored on our systems.
- Secure servers: Our servers are regularly updated with the latest security measures and are continuously monitored to detect any suspicious activity.
- Third-party security: We only work with third-party providers who meet our strict security standards and are required to follow the same privacy and security policies as we do.
- User authentication: To access your account, you'll need to provide either biometrics (i.e. fingerprint or facial recognition) through BankID or similara OR username and password. This helps to prevent unauthorized access to your information.
- Regular security audits: We conduct regular security audits to identify and address any potential vulnerabilities in our systems.