Who We Are?
Omniwire is an innovative financial technology (fintech) company that has developed and provides software as a service (SaaS) and supporting technology for global financial blockchain infrastructure and enhanced operating systems. The SaaS products include: Data Vault for multi-decentralized private blockchain storage and encrypted transmission of personal and other sensitive data; Neo-banking/mobile banking for very cost effective "white label" global banking and payment systems; and KYC/AML application for banks, financial services and other enterprises that require fast, exceptionally accurate identity verification for client on-boarding and transaction monitoring in full compliance with national and local regulations worldwide.
What Information Do We Collect?
We may collect name, contact information including: demographic information mailing address, email, phone number; passport, driver's license, national identity card details; social security number; visually scanned or photographed image of your face and/or identification documents; biometric recognition data; proof of address documents such as utility bills, account details and statement, insurance card, credit/debit card number and details, transaction data; and other personal information provided by third party data controller such as consumer reporting agencies.
What/Why Do We Need the Information?
The personal data we collect will be used for the following purposes: providing IBAN/ACH bank account services, payment or prepaid card services; compliance with legal obligations for prevention of fraud, money laundering, terrorism financing and misuse of financial, banking and money transfer services; processing your account information; verify identity to prevent unauthorized access to your account; contacting you regarding our service; and provided to law enforcement or regulatory authorities when required by law.
Consent and Retention of Data Time Period
By consenting to this Policy, you are giving us the right to process your personal information in accordance with the terms of service specified in our SaaS agreements. You may withdraw consent at any time by contacting our Data Protection Officer; however, where you have consented to your data being used for carrying out financial transactions, then the right to withdraw consent does not exist. Personal data required by our payment service partners or providers are required by law to be retained data concerning financial transactions for 6 years in accordance with national law for the purposes of preventing, detecting and investigating possible money laundering or terrorist financing.
Cross Border Data Transfers and Third-Party Disclosures
Data transfers shall be in accordance with GDPR and is permissible within the EU or EEA under the same terms, conditions and obligations. In the limited circumstances where we store or transfer personal information outside of the EU or EEA, we apply robust measures to provide exceptional secure and robust protection of your personal data which includes our patented multi-decentralization on private blockchain nodes and encryption to maintain the integrity of the data. We do continual review countries to assess sufficient adequacy decisions such as the Privacy Shield in the United States, binding corporate rules, approved codes of conduct and data protection contract clauses. We commit that personal data will not be transferred outside the EEA or the EU in full compliance with Article 46 of the GDPR.
Your Rights as a Data Subject
You have the following rights with respect to the personal data being processed by us or in our possession: right to request a copy of information that we hold; right to correct data that we hold; right to request that data held by us be erased in certain circumstances except for data relating to financial transactions, accounts or cards cannot be deleted in accordance with national laws and regulations; right to restrict processing under certain conditions; right to transfer data we hold to another organization; right to object to certain types of processing such as direct marketing, automatic processing or profiling; and right to judicial review if we refuse your request.