EU Compliance and Safety for Arthawise.

Introduction

Arthawise is a personal finance application designed to help users track spending, manage budgets, set financial goals, and achieve better money management. Arthawise handles personal data in full accordance with the General Data Protection Regulation (GDPR) (EU) 2016/679, ensuring the highest standards of data protection and user privacy.

Data controller

The data controller for Arthawise is responsible for determining the purposes and means of personal data processing.

• Data Controller: Vinay V
• Email: 5minutemint@gmail.com

Legal basis for processing

Arthawise processes personal data on multiple legal bases in accordance with Article 6 of the GDPR:

• Contractual Necessity (Article 6(1)(b)): Processing necessary to provide the service and fulfill user agreements
• Legitimate Interests (Article 6(1)(f)): Processing for legitimate business purposes such as service improvement and user support
• User Consent (Article 6(1)(a)): Explicit consent obtained before processing additional personal data

Data storage and categories

All personal data in Arthawise is stored exclusively on the user's device. No personal data is transferred to external servers or third-party services.

• Storage Location: Local storage on user device only
• Data Categories Processed: Financial transaction data, budget information, financial goals, spending patterns
• No External Transfer: Personal data never transferred outside the device without explicit user action

User rights under GDPR

Under GDPR, users have comprehensive rights regarding their personal data processed by Arthawise:

• Right to Access: Request and obtain a copy of your personal data
• Right to Rectification: Correct inaccurate or incomplete personal data
• Right to Erasure: Request deletion of your personal data under specific circumstances
• Right to Restriction: Limit how we process your personal data
• Right to Data Portability: Receive your data in a structured, commonly used, machine-readable format
• Right to Object: Object to processing of your personal data
• Right to Withdraw Consent: Withdraw consent for processing at any time

Security measures

Arthawise implements comprehensive security measures across technical and organizational levels to protect user data:

Technical security

• Local Encryption: Data encrypted at rest on user device
• Apple CoreData: Secure local storage using Apple's CoreData framework
• iOS Security: Leverages iOS device security features and protections
• No External Transmission: Personal data never transmitted to external servers

Organizational security

• Regular Assessments: Regular security reviews and assessments
• Privacy by Design: Privacy considerations integrated into all app development
• Access Controls: Strict controls on who can access personal data

Key policies

• No International Data Transfers: All personal data remains within EU and EEA. No international data transfers outside EU or EEA
• No Automated Decision-Making: Arthawise does not use automated decision-making per Article 22 GDPR
• No Cookies or Tracking: No cookies, tracking technologies, or analytics that identify users
• Age Restriction: Arthawise is unsuitable for users under 16 years old
• Data Breach Notification: Any data breaches will be reported to users within 72 hours as per GDPR requirements

Contact

For any questions regarding EU compliance, data protection, GDPR rights, or safety concerns with Arthawise:

• Email: 5minutemint@gmail.com
• We respond to all compliance inquiries within 24 hours

You also have the right to lodge a complaint with your local data protection authority if you have concerns about our handling of your personal data.

Last updated

This EU Compliance and Safety Information was last updated on 8 January 2025. We may update this information periodically to reflect changes in our practices, technology, or in response to regulatory requirements. Your continued use of Arthawise following updates indicates your acceptance of the revised terms.