At Just financial solutions, the safety of our members is our top priority. That is why we collect and use your information to confirm that you are who you say you are, and to help stop financial crime including fraud and money laundering.
How do we use your information in this way?
We share your personal information with fraud prevention agencies to help prevent financial crime. If required for fraud or criminal investigation reasons, we (and the fraud prevention agencies) may also allow law enforcement agencies to access and use your information.
What information do we share?
The personal information we might need to share in this way includes:
- Your name
- Your address
- Your date of birth
- Your financial information
- Your employment details
- Identifying information (such as your IP address).
We will share your information in this way when it is necessary as part of the terms and conditions agreed between us, either when you are applying for a product or as part of our ongoing relationship.
Why do we share your information in this way?
We have a legitimate business interest to check people’s identity, and identify and prevent financial crime including fraud and money laundering. Sharing your information in this way, when necessary, allows us to protect your financial security as well as that of our other members and customers. It also makes sure that we are complying with the law.
A little bit about automated decisions
Sometimes when processing people’s personal information, we might use technology that makes automated decisions about our members. This means that we may automatically decide that someone poses a financial crime risk if:
- The information processed reveals behaviour that indicates financial crime.
- The information provided is different to information previously given.
- Someone appears to have deliberately hidden their true identity.
What happens if a financial crime risk is detected?
We take financial crime seriously. And if we, or a fraud prevention agency, believe that someone poses a financial crime risk then we may refuse to provide the services that they have asked for. We can also stop providing services they already have with us.
If they apply for a job with us, and financial crime is detected, we may not employ them. Or, if they work for us already, we may stop their employment.
A record of any fraud risk will be kept by the fraud prevention agencies and this could mean that other providers refuse to offer services, finances or employment. Fraud prevention agencies can hold onto someone’s personal data for different periods of time, depending on the situation. If someone is considered a fraud risk, their data can be held for up to six years.