Last Updated January 4, 2022
Version 2

Privacy Policy

Thanks for visiting Conduit Financial Technologies Corp. (“Conduit” along with its affiliates and subsidiaries). By visiting, accessing, or using Conduit, you agree to the policies and practices of our privacy policy (the “Privacy Policy”) so please read them carefully. If any policies or practices of this Privacy Policy are unacceptable to you, please do not visit, access, or use Conduit. Use of the words “we” or “our” in this Privacy Policy refers to Conduit.

1. About This Privacy Policy

This Privacy Policy explains what information we collect, why we collect it, and how we treat your personal information.

By visiting, accessing, or using Conduit, you confirm that you are at least eighteen (18) years old and agree to be bound by the policies and practices of this Privacy Policy in their entirety. Your privacy matters to us, so whether you are new to Conduit or a long-time user of our website or services, please do take the time to get to know and familiarize yourself with our policies and practices. If you do not want to be bound by this Privacy Policy, you should not visit, access or use our website or services.

As used herein, “Digital Currency” means a digital asset (also called a “cryptocurrency,” “virtual currency”), such as, but not limited to, bitcoin or ether, which is based on a cryptographic protocol(s) of an electronic system that may be (i) centralized or decentralized, (ii) proprietary or open-source, and (iii) used as a medium of exchange and/or store of value.

2. Information We Collect

We will collect and process the following information about you:
  • Information required by Section 326 of the USA PATRIOT ACT. This Act requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. This federal requirement applies to all Conduit counter parties. This information is used to assist the United States government in the fight against the funding of terrorism and money-laundering activities. When you complete an application with us, we ask you for your:
  • Name, address, date of birth, and other identifying information. For more details, please see below.
  • Verification Information we collect about individual customers. (“Individual Verification Information”) We collect information that you provide during a completed, incomplete, or abandoned application. This may include the following information:
  • Full legal name;
  • Social Security Number (“SSN”) or any comparable identification number issued by a government;

3. How We Use Information We Collect

The information collected and the practices described above are done in an effort to provide you with the best experience possible, protect you from risks related to improper use and fraud, and help us maintain and improve Conduit.

In particular, we may use your information to:
  • Comply with, and in order to assess, applicable laws, rules and regulations and internal policies and procedures, including carrying out conduct anti-fraud and identity verification and authentication checks (you authorize us to share your information with our third-party service providers, who may also conduct their own searches of publicly available information about you);
  • Set up / on-board and allow you to use Conduit products and services;
  • Keep our records up to date and for the administration and maintenance of databases storing your personal information;
  • Communicate with you in order to respond to queries, provide Conduit products and services or information about Conduit products and services;