Navigating Compliance Challenges for Digital Lenders

Privacy Assessment: We conducted a comprehensive assessment of the client’s data handling practices, identifying potential risks and gaps.

This involved reviewing their data collection, storage, processing, and sharing procedures. Customized Policies: Based on the assessment, we tailored privacy policies and notices specific to the Fintech industry.

These documents covered data protection, user consent, data retention, and cross-border data transfers. Vendor Management: Fintech companies often rely on third-party vendors for various services.

We assisted our client in negotiating privacy terms with vendors, ensuring alignment with their own privacy commitments. User Consent Mechanisms: We advised on implementing user-friendly consent mechanisms, allowing users to make informed choices about their data.

This included consent for cookies, analytics, and marketing communications. Employee Training: We conducted training sessions for the client’s employees, emphasizing the importance of privacy compliance.

This helped create a privacy-aware culture within the organization.