You do not need to provide personal information in order to access and view the Monie website (www.monieapp.com), however, Monie may not be able to effectively serve you and certain portions of the Monie Services may not be available to you should you choose not to share certain information with Monie. Monie collects personal information in order to facilitate the provision of the Monie Services. Monie requires certain personal information from you for various reasons including: (a) Monie is required by applicable law to collect certain information and (b) it is relevant for specified purposes. Any information you provide to Monie that is not required is therefore voluntary. Importantly, Monie may be unable to open your account if the requested information is not provided.
By way of example, some of the types of personal information that may be collected and the ways in which Monie may use such information are outlined below:
Upon Monie Account opening, Monie or one of its Affiliates or service vendors may, acting on Monie’s behalf, collect the following types of information in order to satisfy Monie’s legal and regulatory obligations.
In connection with the Monie Services, you may request access to additional or upgraded services offerings. In these instances, Monie, its Affiliates, or various service providers may require additional information including but not limited to:
In addition, when you contact Monie, request future communications from Monie, or respond to various Monie communications, you may provide Monie with additional personal information pursuant to those interactions and Monie will use such information in order to provide services.
To the extent that you choose to provide Monie with access to certain personal information stored by third parties such as social media sites, the information that Monie may have access to will be dictated by those sites as well as the privacy settings that you choose to authorize.
In addition to the above listed examples, Monie may also collect personal information that you post to any type of message board service contained within the Monie Platform or Website, and/or chats, blogs, or other services available to you through the Monie Platform or Website whereby you post information. Please be advised that any information that you post on the Monie Platform or Website will become public information and may therefore appear in public ways, such as through search engines or other publicly available platforms.
Generally, Monie will use your personal information in order to create, develop, operate and deliver the Monie Services and maintain the Monie Platform and Website. Monie will use such information:
Monie may, from time to time, obtain information about you from third party sources as required or permitted by applicable law, rule or regulation. These third-party sources include public databases, credit bureaus, ID verification partners, resellers and other partners, joint marketing partners and social media platforms.
Monie obtains information about you from public databases and ID verification partners for purposes of verifying your identity. ID verification partners use a combination of government records and publicly available information about you to verify your identity. Such information may include: your name, employment status, public employment profile, status on any sanctions list maintained by public authorities, and other relevant data. Monie obtains such information in order to comply with various legal and regulatory obligations, including but not limited to Monie’s anti-money laundering obligations. In some cases, Monie may process additional data about you to ensure that the Monie Services are not being used for fraudulent purposes or other illicit activities.
In addition to public databases and ID verification partners, Monie may also collect information about your publicly available social media profile, interests or preferences and page-view information from third party business partners with which Monie may operate additional or co-branded services. Monie collects this information to better understand and/or maintain and improve the accuracy of the records that Monie holds as well as for purposes of promoting the Monie Services. In addition, Monie may use this information in conjunction with your browsing habits (as obtained from third party vendors) as well as your contact details, professional information and Monie Account transaction history to deliver targeted advertising and marketing to you, where permitted by applicable law and in accordance with any advertising/marketing preferences you may have selected on the Monie Platform.
Monie takes care to protect your personal information and limits access to your personal information to those who need such information in order to perform their tasks and duties and to share with third parties who have a legitimate purpose for accessing such information. Personal information will only be shared in the following instances:
Monie maintains (and requires its Affiliates and service providers to maintain) appropriate physical, technical and administrative safeguards to protect the security and confidentiality of the personal information that you share with Monie. Monie may store and process all or part of your personal and transactional information, including payment information, such as your encrypted bank account and/or routing numbers, in the United States and elsewhere in the world. Monie employs efforts to protect your personal information by maintaining physical, electronic and procedural safeguards in compliance with applicable laws and regulations.
Monie uses computer safeguards such as firewalls and data encryption, physical access controls to Monie buildings and files, and restricts personal information access to authorized personnel only.
Despite these procedures, Monie cannot guarantee that loss, misuse, unauthorized acquisition, or alteration of your data will not occur. In addition, Monie notes that you also play a vital role in protecting your own personal information. When opening a Monie Account and using the Monie Services, it is important to choose a password of sufficient length and complexity, to not reveal this password to any third parties and to immediately notify Monie if you become aware of any unauthorized access of or use of your Monie Account.
You are entitled to review, correct or amend your personal information or to delete such information where such information is inaccurate. You may do this at any time by logging into your Monie Account and clicking the user profile icon. Your right to update and amend personal information shall be limited where the burden or expense of providing you such access would be disproportionate to the risks to your privacy in the case in question, or where the rights of persons other than yourself would be violated.
Monie stores your information securely throughout the life of your Monie Account. Monie will retain your personal information for a minimum of five (5) years, or as necessary to comply with Monie’s legal and regulatory obligations, or as needed in order to resolve any disputes.
Monie stores certain types of information automatically. This includes whenever you interact with your Monie Account or the Monie Platform and Website generally. The information that is generated through these interactions does not necessarily reveal your identity directly but may include information about the specific device you are using to access the Monie Services, such as the hardware model, operating system version, web browser software and your Internet Protocol address.
Monie automatically receives and records information on its server logs from your browser, including how you came to and used the Monie Services, your IP address, device type and unique device identification number, device event information (such as crashes, system activity and hardware settings, browser type, browser language, the date and time of your request and referral URL), broad geographic location and other technical data collected through cookies, pixel tags and other similar technologies that uniquely identify your browser. Monie may also collect information about how your device has interacted with our website, including pages accessed and links clicked. Monie may use identifiers to recognize you when you enter the Monie Platform or Website via an external link, such as a link appearing on a third-party site.
Monie does not knowingly request or collect personal information from any person under the age of 18. If a user submitting personal information is suspected of being younger than 18 years of age, Monie will require the user to close his or her Monie Account and will not allow buying or selling of cryptocurrencies. Monie will also take steps to delete the information as soon as possible. Please notify us if you know of any individuals under the age of 18 using the Monie Services so that Monie may take action to prevent access to the Monie Services by such individuals.
If you are a California resident, you have the right to request information from Monie regarding the manner in which Monie shares certain categories of your personal information with third parties for the third parties’ direct marketing purposes. California law provides that you have the right to submit a request to Monie at Monie’s designated address and receive the following information: