Privacy Policy

Introduction

The Folio app (the “App”) is a mobile platform that enables users ( “you” , and “your” ) to use the Folio service (the “Service” ). The App is provided by Folio Technologies Limited (“we”“us”“Folio” and “our”), a company registered in the United Kingdom (Company No. 07236594) whose registered office is at 88 Baker Street, London W1U 6TQ, United Kingdom.

This Privacy Policy, together with the Terms and Conditions, constitute a binding legal agreement that governs your access to, and use, of the Service. You should print or otherwise save a copy of this document for your records. You can find the full version of our Terms and Conditions at http://www.folioltd.com/terms.

Folio is committed to protecting the privacy and security of all Personal Information, including Biometric Data (including facial images and other measurable physical characteristics) that is processed in order to provide the Service to you.

As a user of Folio, it is important to understand that we will collect and process that information which is reasonably needed to verify your identity and provide you the Service.

We will at all times maintain reasonable and appropriate security controls to safeguard and protect your information. We employ special controls where needed to protect any Sensitive Personal Information that we collect in the process of providing The Service to you.

Folio will comply with all local privacy laws in the collection of biometric data and personal information.

If you have any questions about our Privacy Policy or your rights under this Privacy Policy please contact us via email to [email protected].

You may also write us at the following address:

Folio Technologies Limited
88 Baker Street
London W1U 6TQ
United Kingdom

Personal Information

“Personal Information” shall mean any information relating to an identified or identifiable natural person (“Data Subject”); an identifiable person is one who can be identified, directly or indirectly, in particular by reference to an identification number or to one or more factors specific to his physical, physiological, mental, economic, cultural or social identity.

How does Folio collect personal information

Folio collects personal information directly from you and from third parties. During the registration process, we will ask for Personal Information (including Sensitive Personal Information).

Folio makes it easier to be you online by safeguarding your personal information and putting you in charge of what you want to share when you transact with Folio enabled websites.

Folio is contractually required to manage the security and confidentiality of the data, to protect it from unauthorized access, use, disclosure, or alteration, and to retain and destroy the data in accordance with applicable law.

We may, from time to time, receive Personal Information from third party data providers in order to enhance our product and help us better understand the needs of our customers.

Sharing of Personal Information

Except where required to do so by law, we will never disclose any personal information to third parties unless explicitly requested or consented to by you.

Biometric Information

Folio uses Biometric Information solely to: (i) verify your identity for the purpose of confirming your identity; (ii) protect the integrity of the Folio platform and functionality by detecting fraud and misrepresentation by unauthorised persons; and (iii) as required by law, if applicable. As a matter of policy, Folio will not disclose your biometric data to a third party, unless with your explicit consent.

Security and Data Retention

Folio shall at all times protect your Personal Information with operational, administrative, technical and physical security safeguards.

Folio shall store Biometric Data no longer than a maximum of two (2) years from your last interaction with the Folio platform or the maximum amount of time given by law, whichever is shortest.

How Folio uses your Personal Information

Folio uses your Personal Information to enable your registration and to undertake identity verification checks. Folio will also use aggregated and anonymised or pseudoanonymised data for the purpose of data analytics.

Access, Correction and Destruction of Personal Information

Folio respects your rights to access, correct and destroy your Personal Information. You may request access to and correction of your Personal Information stored by Folio. You may also, at any time, log into your Folio account to access and update the information you have provided to us.

You may at any time:

  • request access to and correction of your Personal Information;
  • make any inquiries, requests or complaints in relation to the use of your Personal Information; or
  • withdraw your consent to the processing of your Personal Information

If you need assistance accessing or correcting your information, or wish to access, correct or destroy your Personal Information, including Biometric Information, please contact us by email at [email protected].

You may also write us at the following address:

Folio Technologies Limited
88 Baker Street
London W1U 6TQ
United Kingdom

Information Security

Folio has implemented an information security programme that contains administrative, technical and physical controls that are designed to safeguard your Personal Information. For example, we use industry-standard encryption technology to secure Sensitive Information when it is being collected and transmitted over the Internet as well as firewalls, site monitoring and intrusion detection software.

Changes to this Privacy Policy

From time to time, we may update this Privacy Policy and reserve the right to do so. Updates may be made to reflect changes in applicable privacy law or best practices as set forth by the IAPP (International Association of Privacy Professionals). We will place a notice online when we make changes to this Privacy Policy, but will contact you when those changes are material in regards to the disclosure or use of your Personal Information. We will contact you by emailing you at the email associated with your account.

Contact

Please contact us if you have any questions or comments about this Privacy Policy or our privacy practices. You can always reach us by sending an email to [email protected] or by mailing us at the following address:

Folio Technologies Limited
88 Baker Street
London W1U 6TQ
United Kingdom