Privacy Policy
Effective: January 1, 2025
Introduction
This Privacy Policy governs the collection, use, and protection of information obtained from users ("you" or "users") of the [Rehoboth Community Development Corporation] funds processing application ("App"). Our App facilitates secure financial transactions while maintaining the highest standards of data privacy and security. This policy outlines our commitments regarding your data and explains your rights concerning your personal information.
How We Use Your Information
We use your information exclusively for the following limited purposes:
• To process and facilitate financial transactions
• To authenticate your identity and prevent fraud
• To provide customer support and resolve technical issues
•To maintain transaction records as required by law
• To improve the functionality and security of our App
Our Data Protection Commitments
As a nonprofit funds processing application, we are firmly committed to:
• Never selling your data to third parties for marketing or any other purposes
• Never sharing your information with data brokers or advertisers
• Never using your financial data beyond the specific processing functions you request
• Never mining transaction data for behavioral insights or profiling
Limited Data Sharing
We limit data sharing to the following essential circumstances:
• With financial institutions necessary to complete your requested transactions
• With payment processors and gateway providers that enable our core functionality
• With cloud service providers that host our application infrastructure (all bound by strict confidentiality agreements)
• When required by financial regulations, court orders, or other legal obligations
Security Measures
Our App implements industry-leading security practices:
• End-to-end encryption for all financial data
• PCI DSS compliance for payment card processing
• Multi-factor authentication options
• Regular security audits and penetration testing
• Automated fraud detection systems
• Secure API integrations with financial partners
Regulatory Compliance
Our App complies with applicable financial regulations, including:
• Payment Card Industry Data Security Standard (PCI DSS)
• Electronic Fund Transfer Act (EFTA) requirements
• Bank Secrecy Act (BSA) provisions as applicable
• Relevant state money transmitter regulations
• Charitable organization financial handling requirements
Your Rights and Controls
Through our App, you can:
• Access and download your transaction history
• Update your account and payment information
• Set security preferences and notification settings
• Request deletion of non-regulatory required information
• Opt out of optional communications
Data Retention
We retain transaction data as required by financial regulations and tax authorities, typically for a period of 7 years. Non-essential data is purged according to our data minimization protocol.
Changes to this Policy
We will notify you of material changes to this policy through an in-app notification at least 30 days before implementation. Continued use of the App after changes constitutes acceptance of the updated policy.
Contact Our Data Protection Team
For questions or concerns about your data:
Rehoboth CDC
Data Privacy Office
602.272.4133
Phoenix, AZ
By using our App, you acknowledge your understanding and acceptance of this Privacy Policy.
A Ministry of Rehoboth Saints Center, Inc. - a 501(c)3 nonprofit
© 2023 Rehoboth Community Development Corporation