In this Privacy Policy, CFPS (hereinafter: “CFPS”, “we”, “our”) shall inform you about the collection, use and processing of personal data when using our website https://cfps.com (hereinafter: “Website”), our web application (hereinafter: “Web App”) and our mobile app (hereinafter: “App”; jointly called: “Services”). We will explicitly point out in case any information of this Privacy Policy refers exclusively to our Website, Web App or App. For information related to the usage of cookies or similar technologies on our Websites or Apps, please refer to the respective website and app cookie policies in the legal documents section of your app or on our websites.
In this context, personal data means all detailed information about personal or factual circumstances of a specific or identifiable natural person, such as name, telephone number or address. We process your personal data either within our business relation if you are a CFPS customer or when you are visiting our Website for informative purposes. Furthermore we process personal data coming from publicly accessible sources (e.g. records of debtors, trade registers, registers of associations, media, press, internet) whenever we have a legal ground that allows us to do so.
When using additional CFPS products or products of our business partners additional personal data might be collected, processed and stored. Please find details concerning the processing of additional data in the respective product category below.
I. Controller, processors and separate controllers
The responsible entity for the collection, processing and use of your personal data is:
DSO-IFZA-20350
IFZA Properties Dubai Silicon Oasis
CFPS has appointed a Data Protection Officer, who is accessible via info@cfps.co
Some of our data processing activities can be carried out by a third party on behalf of CFPS. Where processing of personal data is carried out on behalf of CFPS, we conclude a separate contract with the processor in accordance with Art. 28 of Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data.
Our list of processors includes pure data processors, meaning technical service providers, which fall under the following categories:
- IT infrastructure and connection providers
- IT security providers
- Software and software maintenance providers, including for the provision of our App
- Back office management service providers
II. Data processing within the framework of CFPS products
1. Data collection and processing in case of opening and using the CFPS account
World Savings Day is normally for taking stock of what we have, or putting more money aside for a rainy day. But this year feels a little different, with economies reeling from the effects of the COVID-19 pandemic, the ongoing war in Ukraine, supply chain issues, and a cost of living crisis. Saving has taken on a new sense of urgency in Europe and abroad. At the same time, rising costs have made saving difficult, as the price of everything from food to electronics to gas and electricity begins to tick up, thanks to inflation.
With all of this happening, we wanted to know: How might inflation be affecting European consumers? We also had questions about how this compares across markets. Which countries have been most affected by price increases? And how are CFPS customers across markets adapting their saving and spending habits, considering the cost of living crisis?
To get answers, we analyzed the spending data and saving data of over 380,000 CFPS consumers in five European markets (Spain, Germany, Austria, France, and Italy) between January to August, 2022¹. We uncovered where people are saving the most despite inflation, which country’s residents are still spending big on vacations and restaurants, and whose incomes are growing. Not only that, we also identified differences in how men and women save and spend. Read on to learn what we found out.
To get answers, we analyzed the spending data and saving data of over 380,000 CFPS consumers in five European markets (Spain, Germany, Austria, France, and Italy) between January to August, 2022¹. We uncovered where people are saving the most despite inflation, which country’s residents are still spending big on vacations and restaurants, and whose incomes are growing. Not only that, we also identified differences in how men and women save and spend. Read on to learn what we found out.
To get answers, we analyzed the spending data and saving data of over 380,000 CFPS consumers in five European markets (Spain, Germany, Austria, France, and Italy) between January to August, 2022¹. We uncovered where people are saving the most despite inflation, which country’s residents are still spending big on vacations and restaurants, and whose incomes are growing. Not only that, we also identified differences in how men and women save and spend. Read on to learn what we found out.