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Duch privacy watchdog warns banks not to use payments for marketing

On Wednesday Duch data protection authority – Autoriteit Persoonsgegevens –  announced that banks should not offer their customers products on the basis of their confidential spending patterns. It added that all banks ‘should therefore take a good look at their policies around direct marketing.’

It its letter, it warns that certain transactions are considered particularly sensitive in terms of privacy law, such as payments to ‘hospitals, pharmacies, casinos, sex clubs….religious groups [and political parties]’ and that bank clients have an expectation of privacy.

Source: Look away: privacy watchdog warns banks not to use payments for marketing – DutchNews.nl – Live

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