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GDPRFinance

Fintech Company

€3,500,000

Authority

Hamburg DPA (HmbBfDI)

Country

Germany

Date Issued

October 28, 2021

Industry

Finance

Summary

Fintech company failed to obtain valid consent for data processing and could not demonstrate lawful basis for customer data collection and use.

Violation Types

ConsentLegal Basis

Articles Violated

Art. 6 GDPRArt. 7 GDPR

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