Privacy Policy

Your privacy matters. We're committed to protecting your data and being transparent about how we use it.

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TL;DR - The Quick Summary

We Don't Sell Your Data

Your information is never sold to third parties

Bank-Level Encryption

256-bit SSL/TLS encryption protects all data

You Control Your Data

Access, export, or delete your data anytime

GDPR & CCPA Compliant

We meet global privacy standards

Introduction

At Verido ("we," "our," or "us"), we are committed to protecting your privacy and ensuring the security of your personal information. This Privacy Policy explains how we collect, use, disclose, and safeguard your information when you use our mobile application, website, and services (collectively, the "Services").

By accessing or using our Services, you agree to the terms of this Privacy Policy. If you do not agree with the terms, please do not access or use our Services.

1. Information We Collect

1.1 Personal Information

We may collect personal information that you voluntarily provide when using our Services, including:

1.2 Business and Transaction Data

When you use our risk assessment platform, we collect:

1.3 Automatically Collected Information

When you access our Services, we automatically collect:

2. How We Use Your Information

We use the collected information for the following purposes:

Service Delivery

To provide, maintain, and improve our risk assessment platform

Risk Analysis

To generate credit scores and actionable insights

Account Management

To manage your account and process transactions

Communication

To send updates, security alerts, and respond to inquiries

Analytics

To analyze usage patterns and improve user experience

Security

To detect, prevent, and address fraud and security breaches

3. How We Share Your Information

Important: We Do Not Sell Your Data

We never sell your personal information to third parties. Your data is only shared in specific circumstances outlined below.

We may share your information in the following circumstances:

4. Data Security

We implement industry-standard security measures to protect your information:

✓ 256-bit SSL/TLS encryption
✓ AES-256 encryption at rest
✓ Multi-factor authentication
✓ Role-based access controls
✓ Regular security audits
✓ Penetration testing
✓ 24/7 monitoring
✓ Incident response procedures

Important: No method of transmission or storage is 100% secure. While we strive to protect your information, we cannot guarantee absolute security.

5. Your Rights & Choices

You have the following rights regarding your personal information:

To exercise these rights: Contact us at privacy@verido.com. We will respond within 30 days.

6. Cookies & Tracking Technologies

We use cookies and similar technologies to enhance your experience:

7. Data Retention

We retain your information for as long as necessary to provide services, comply with legal obligations, and resolve disputes. When no longer needed, we securely delete or anonymize data. Financial records may be retained for up to 7 years as required by law.

8. International Data Transfers

Your information may be transferred to and processed in countries other than your country of residence. We ensure appropriate safeguards through standard contractual clauses and other lawful transfer mechanisms.

9. Children's Privacy

Our Services are not directed to individuals under 18 years of age. We do not knowingly collect personal information from children. If you become aware that a child has provided us with personal information, please contact us immediately.

10. Changes to This Policy

We may update this Privacy Policy from time to time. We will notify you of material changes by:

Contact Us

Have questions about this Privacy Policy? We're here to help.

Verido Privacy Team

Privacy Inquiries: privacy@verido.com

General Inquiries: info@verido.app

Response Time: Within 3-5 business days

Additional Rights for EU & California Residents

For EU/EEA Residents (GDPR)

If you are located in the European Union or European Economic Area, you have additional rights under GDPR, including the right to lodge a complaint with your local data protection authority.

For California Residents (CCPA)

California residents have the right to know what personal information is collected, request deletion, and opt-out of the sale of personal information (note: we do not sell your data).

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