Policies and Cookies

We as https://www.scyfin.com, all the subdomains of the it, referred to as the "Site", the mobile application ScyFin (the "App"), as well as any other related products and services that refer or link to these legal terms (the "Legal Terms") (collectively, the "Services").
We reserve the right to periodically update and modify this Privacy Policy. We care about data privacy and security. By using the Services, you agree to be bound by our Privacy Policy posted on the Services, which is incorporated into these Legal Terms. If you access the Services from any other region of the world with laws or other requirements governing personal data collection, use, or disclosure that differ from applicable laws in Romania, then through your continued use of the Services, you are transferring your data to Romania, and you expressly consent to have your data transferred to and processed in Romania.

We are owned and we operate through ScyFin Sollutions S.R.L.
To contact us you can use the contact page.

User data

We will maintain certain data that you transmit to the Services for the purpose of managing the performance of the Services, as well as data relating to your use of the Services. Although we perform regular routine backups of data, you are solely responsible for all data that you transmit or that relates to any activity you have undertaken using the Services. You agree that we shall have no liability to you for any loss or corruption of any such data, and you hereby waive any right of action against us arising from any such loss or corruption of such data.

General Data Protection Regulation (GDPR)

We are a Data Controller of your information.

ScyFin legal basis for collecting and using the personal information described in this Privacy Policy depends on the Personal Information we collect and the specific context in which we collect the information.

By using ScyFin you:

• have given ScyFin permission to access sensitive and personal information you insert in the Services.
• have given ScyFin permission to process your personal information
• have acknowledged that ScyFin will retain your personal information only for as long as is necessary for the purposes set out in this Privacy Policy. We will retain and use your information to the extent necessary to comply with our legal obligations, resolve disputes, and enforce our policies.

If you are a resident of the European Economic Area (EEA), you have certain data protection rights. If you wish to be informed what Personal Information we hold about you and if you want it to be removed from our systems, please contact us.

In certain circumstances, you have the following data protection rights:

• The right to access, update or to delete the information we have on you.
• The right of rectification.
• The right to object.
• The right of restriction.
• The right to data portability.
• The right to withdraw consent.

Log Files

ScyFin follows a standard procedure of using log files. These files log visitors when they visit websites. All hosting companies do this and a part of hosting services' analytics. The information collected by log files include internet protocol (IP) addresses, browser type, Internet Service Provider (ISP), date and time stamp, referring/exit pages, and possibly the number of clicks. These are not linked to any information that is personally identifiable. The purpose of the information is for analyzing trends, administering the site, tracking users' movement on the website, and gathering demographic information.

How we use your data

1) We collect personal information when you sign up for an account or use our services. This may include:

• Full name
• Email address
• Encrypted password
• Financial information such as bank account details and transaction history used by our 3^rd party suppliers
• Other information you provide voluntarily, such as demographic information

2) We use the collected data for the following purposes:

• To provide and personalize the services offered, including financial management tools and analysis
• To send you important notifications regarding your account, transactions, or changes to our services
• To improve our website (app) functionality, user experience, and customer service
• To detect and prevent fraudulent activities and enhance security measures
• To comply with legal and regulatory requirements

3) Data Sharing and Disclosure:
We may share your personal information with third parties in the following circumstances:

• With your consent or as instructed by you
• With payment processing service providers
• With financial institutions and regulatory authorities as required by law or for fraud prevention purposes

4) Data Security:
We implement industry-standard security measures to protect your personal information from unauthorized access, disclosure, alteration, or destruction. These measures include encryption, firewalls, access controls, and regular security assessments.

5) Data Retention:
We retain your personal information only for as long as necessary to fulfill the purposes outlined in this privacy policy or as required by law. When your data is no longer needed, we securely dispose of it.

Right to Access:
Users have the right to access their personal data and personal financial data stored on the platform.

Right to Control:
Users have control over how their financial data is used, including the ability to consent to or opt out of certain data processing activities, such as sharing with third-party service providers.

Right to Transparency:
Users the right to transparency regarding how their financial data is collected, processed, and shared, including clear explanations of data usage in the platform's privacy policy and terms of service.

Right to Security:
Users have the right to expect that their financial data is stored and transmitted securely, with appropriate measures in place to protect against unauthorized access, breaches, or cyberattacks.

Right to Rectification:
Users are able to update, correct, or delete inaccurate or outdated personal information stored on the platform, ensuring data accuracy and relevance.

Right to Withdraw Consent:
Users have the right to withdraw their consent for the processing of their financial data at any time, with the understanding that this may impact certain features or functionalities of the platform.

Right to Complaint:
Users have recourse to lodge complaints or seek resolution in the event of perceived violations of their data rights or privacy, including through contacting the platform's customer support or relevant regulatory authorities.

Like any other website, ScyFin uses ‘cookies'. These cookies are used to store information including visitors' preferences, and the pages on the website that the visitor accessed or visited. The information is used to optimize the users' experience by customizing our web page content based on visitors' browser type and/or other information.