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If you're not in Europe there's no obligation. I can appreciate the attitude even if I don't like it. Fintech is a REALLY difficult business to make money in. E
by KirinDave 8y ago
If you're not in Europe there's no obligation. I can appreciate the attitude even if I don't like it. Fintech is a REALLY difficult business to make money in. Especially with so many larger financial institutions coming in and buying any naive existential threat they see (coughs suggestively)
- larsen161-2 8y agoNo being based in Europe does not exclude a business from GDPR. "even if a US-based business has no employees or offices within the boundaries of the EU, the GDPR may still apply. Under Article 3 of the GDPR, your company is subject to the new law if it processes personal data of an individual residing in the EU when the data is accessed. This is the case where the processing relates to the offering of good or services or the monitoring of behavior that takes place in the EU." - https://www.lexology.com/library/detail.aspx?g=3a02f14c-828b-47ba-bb91-cbddb41bbce3 https://www.lexology.com/library/detail.aspx?g=3a02f14c-828b...