Money-Gate – Privacy Policy

Last Updated: March 7, 2022

We provide utmost importance to your (hereinafter: “You”, “Your”) privacy and work to safeguard it to the maximum extent possible. This Privacy and Cookies Policy describes Money Gate’s policies and procedures related to the collection, use, and disclosure of Your information when You use the services provided on our website. By using any services, part or products of the website, You consent to the collection and use of personal information by us as outlined in this Privacy Policy. You also consent to the collection, processing, and maintenance of Your personal information in any applicable countries. Also, be known that we will not use or share Your personal information with any third party except for the reasons as detailed in this Privacy & Cookies Policy.

Who We Are and the Ways to Contact Us

Money Gate (hereinafter: “Money Gate”, “We”, “Us”, or “Our”) offers useful and updated content for the benefit of its users from various sources related to the activities of banks and the services provided by them (hereinafter: “Services”). Money Gate may be serving in the capacity of Data Controller, which means it determines what data to collect, how to use, process, or protect the data. Money Gate may serve as Data Processor when working on behalf of a Data Controller. We serve various types of roles while providing Our Services to the users, which are described below:

Service                                                                                                                                                 Role

Services provided to research partners related to collection,

analysis and reporting of data                                                                                                     Processor

Services provided to the advertiser or intermediator, directly

or using the intermediary’s technology                                                                                   Processor

Services provided to the intermediary or advertiser directly

using contract data                                                                                                                          Controller

Service provided to intermediary, consisting of data as a

service through the use of third party technology                                                              Processor

 

Our Registered Office address is:

65, Yigal Alon St., Tel Aviv,

Israel.

For any clarifications related to the processing of Your personal data by Money Gate, or if You want to exercise Your data subject rights, you can write to Us at: [email protected]

Alternatively, You can also contact Us at our Tel Aviv global HQ at the below postal address:

GDPR Compliance Manager

65, Yigal Alon St,. Tel Aviv

Zip Code: 6744316

Israel

Telephone: +972 35104257

Website Within Scope

The following website is within the scope of this Privacy Policy.

https://www.money-gate.com

This Privacy & Cookies Policy applies only to Money Gate. The Services of the Website may contain links to other Websites which are not operated or controlled by Money Gate. Our Privacy and Cookies Policy does not apply to these links, or when you leave our Website to use third party links including those provided on Our Website, other Websites that You use. Your browsing and interactions on other websites, including the links on Our Website, are subject to the rules and privacy and cookies policies of these third parties and websites. These third parties and websites may use and process Your data and information as per their own policies. We are not responsible for the ways these third parties and links use Your personal data, and process or share it.

Collection of Personal Data

The table below describes the manner in which Your personal data is collected by Us, the purposes for which it will be used, and the lawful basis for doing so. The table also provides details about the period for which each type of Your personal data is retained by Us. We have developed and implemented processes to make sure that only the authorized persons have access to Your data for the duration it is required. A number of data elements are collected by Us for various purposes. Some of Your personal data may be shared with third parties for specific reasons and uses, and in specific conditions. These situations are also described in the below table.

Data Collected

Purpose for Data Collection

Lawful Basis for Data Processing

To Whom the Data is Shared With

Retention Period

Personal name, company name, geographic location, email ID

To provide information about the requested products and Services to You

Consent

Internal

Maximum 8 years from the date the information is collected

Personal contact information is provided through online forms, events, surveys, and other means

To provide ongoing updates on the users’ areas of interest, and for email subscriptions

Consent

Internal

6 months if a marketing email is not opened

Partial Internet Protocol (IP) address

To process our Services for customized experience, and to facilitate commercial transactions between You and third party advertisers

Consent

Internally and third party advertisers

Maximum 8 years from the date of contract

Technical information and other information that may be required for this purpose

To protect Our Website and infrastructure from cyber attacks and other threats, and to report and deal with any illegal activities on the Website

Legitimate Interest

Internally, forensic, regulatory and other relevant entities

Relevant statutes of limitation

Personal name, company name, contact and identification details

To facilitate communication between You and Us

Legitimate Interest

Internally and with professional advertisers as necessary

Relevant statutes of limitation

 

Money Gate does not collect any “Special Categories of Personal Data” that includes the below categories of data:

  • Personal data related to racial or ethnic origin
  • Religious or philosophical beliefs
  • Political opinions
  • Health, sex life or sexual orientation
  • Membership of trade unions
  • Biometric or genetic data
  • Information related to criminal convictions and offences

Our Services are not intended for use by persons under 18 years of age. We do not knowingly collect or solicit information from the persons under 18 years of age, or knowingly allow such persons to register for our Services.

You can also ask Us to stop sending you marketing messages or modify Your email preferences at any time using any of the below methods:

  • By opting out of the links on any marketing messages sent to You
  • By contacting Us using the contact details mentioned above

Storage of Personal Data

Our Website and all its applications are hosted in Israel or the European Union (EU).

Our Customer Relationship Management (CRM), and marketing and accounting systems are hosted in Israel.

Cloud Service Providers (CSPs) are used by Us as part of Our processing environment. Unless otherwise specifically stated, we serve as Data Controller for all these CSPs.

Unless specifically stated, CSPs located in Israel are used by Our processing facilities.

Our Security Measures

We have put appropriate security measures in place to protect and safeguard Your personal data. Access to Your Personal Data by Our employees and other staff is granted only on a need to know basis. All Our employees accessing Your personal data are governed by a contractual duty of confidentiality.

Please be aware that We do not have any control over what happens between Your device and the boundary of Our information architecture. Unknown information security risks may exist between Your device and Our information infrastructure, and you should take measures to safeguard Your information from leakage and unintended use. We do not accept any responsibility for breach of your personal information and data that are beyond Our control. We have established procedures to deal with any actual or suspected breach of Your personal data. Please be known that We are obligated to inform You and the supervising authority within the European Union (EU) regarding the breach of Your personal data, or a risk of breach of your data within 72 hours of discovering such a breach.

Your Rights Relating to Your Personal Data

As a data subject whose personal information is stored by Us, You enjoy certain rights. If You wish to exercise these rights, You can contact Us using the contact details provided above. To process Your personal data, You will be asked to provide Us with two valid forms of identification for verification purposes. If You are within European Union, You enjoy the below rights:

The right to be informed: As a data controller, We are obliged to provide clear and transparent information about Our processing activities related to Your data. This is provided by this Privacy Policy, and any other related communication that We may send to You.

The right to access: You have the right to request a copy of the personal data that We hold about You, free of any charge. Once Your identity is verified, We will provide You the related personal data, or by the authority of any third-party requestor, if the request is found relevant. We also hold the below additional information about You:

  • The purpose of processing Your information.
  • The categories of Your personal data.
  • The recipients of Your personal data.
  • The retention period or envisioned retention period of Your personal data.
  • The source of personal data whenever it is collected from the third party.

In exceptional circumstances, or due to regulatory or legal reasons, You may be refused access to the requested information. You will be explained the reasons for the refusal. If requests are found to be frivolous or vexatious, You may be refused access to the information. If providing You with the requested information requires additional time or some unreasonable expenses are involved, You will be informed about it.

The right to rectification: If You have reasons to believe that We hold inaccurate or incomplete information about You, You may exercise Your right to rectification to correct or complete Your personal information. This right may be used by You to restrict the processing of Your personal data by Us and not process it until the information is corrected or completed.

The right to object: You can exercise this right if your data is:

  • Processed for a legitimate interest.
  • Processed for the purpose of direct marketing.
  • Processed for the purposes of scientific or historic research.
  • Processed for automated decision-making and profiling.

The right to restrict processing: You may ask Us to stop processing Your personal data. Note that We will still hold Your data once You exercise this right but it will no longer be processed. The right to restrict processing is an alternative to the right to erasure. You may exercise Your right to restrict processing in the following conditions:

  • The accuracy of Your personal data is contested.
  • The data is unlawfully processed.
  • Your personal data is no longer required for processing but it is required for a part of a legal process, and
  • The right to object has been exercised and processing is restricted pending a decision on the status of processing.

The right to data portability: You may request Us to transfer a set of Your personal data to another controller or processor, which will be provided in a commonly used and machine-readable format to such a controller or processor. This right is only available to You if the original processing was on the basis of consent. The processing of Your data is done automatically if it is required for the fulfillment of a contractual obligation.

The right to be forgotten: Also known as the right to erasure, You may request Us to delete Your personal information. We will do so provided there are no overriding legal basis or legitimate reasons to continue processing Your personal data by Us. In case Your personal data may have been unlawfully processed once You exercise Your right to erasure, we will take all reasonable steps to ensure erasure.

The right to withdraw consent: This right only exists where We rely on the consent to process Your personal data. In case You decide to withdraw your consent, You may not have access to certain specific functionalities or our Website and Services. You will be informed about it when you decide to exercise your right to withdraw consent.

Additionally, We may also collect, use, and share “Aggregate Data” that includes statistical or demographic data. This Aggregate Data may be derived from Your Personal Data but once it is used in aggregate form, Your data will no longer remain your Personal Data for the purpose of GDPR (General Data Protection Regulation) as the aggregate data will not reveal Your identity directly or indirectly. In case Your Personal Data is combined or connected with Aggregate Data so that Your identity can be revealed directly or indirectly, this data will be considered as Personal Data, and will be treated in accordance with this Privacy & Cookies Policy.

Use of Cookies

We use Cookie technology and the users’ IP addresses to provide You with customized and enhanced experience on Our Platform. Cookies are the pieces of information that are transferred to the hard drive of Your device when You use the Website. Cookies automatically identify Your browser to Our server whenever You visit or interact with Our website in any way. Cookies technology allows Us to improve the working of Our Website for You, and to provide You with personalized and maximized browsing experience. Cookies are commonly used by websites and are necessary to provide You with certain features, services, products and functionalities of Our Website, to ensure that it works properly for You.

Cookies Services of Third Parties

We also use Cookies services of third parties for the below purposes:

Google Analytics: This is done to collect data about Our Website usage by You. This data does not include Personally Identifiable Information (PII). You can know more about about Google’s Privacy Policy at www.google.com/policies/privacy/

Google Remarketing: This is done to market Our products and services that may interest You. Through Google Remarketing services, You may be exposed to Our adverts on Google’s Display Advertising Network of partner websites, and Google’s own search engine result pages (SERPs). Products and services for remarketing are carefully selected, based on Your browsing history, and the pages of the Website You visited. You can opt-out of Google Remarketing by customizing the browser setting of Your device to notify You when a browser cookie is sent. You can also set your browser to refuse cookies altogether.

The third parties mentioned above are completely independent, and We do not control them. Please be advised that if You decide to refuse or block cookies activities, some parts of Our Website may not function properly or not function at all. This way, Your options on Our Website will be potentially reduced. You can manage cookies by following instructions in your browser’s settings.

Changes to this Policy

Money Gate will occasionally make changes and update this Privacy and Cookies policy. When We do so, the “Last Updated” date mentioned below will also be changed. If any material changes are made to this Privacy and Cookies Policy, such as the ways your personal information is collected, processed, used or shared, or disclosed to third parties, You will also be informed about it through the contact details We have about You, such as Your email address. You should regularly keep reviewing our Privacy and Cookies Policy to take note of any material or other changes. Your continued use of the Money Gate Website will confirm Your acceptance of all the changes and updates to the Privacy and Cookies Policy.

Last Updated: March 2022

Contact

If You have any questions, comments, or requests related to this Privacy and Cookies Policy, You can contact Us at: [email protected]