Privacy Policy

Signal Financial Technologies, Inc., doing business as Monit in the United States, is concerned with your privacy, and committed to protecting Personal Identifiable Information you may provide us through your Monit Account and use of our Services. This Privacy Policy describes our practices regarding the information we collect when providing our Services. This Privacy Policy, together with Monit’s Terms of Use, sets forth the general privacy standards governing our websites and Monit app. This Policy does not extend to other websites or apps owned and controlled by our partners or third parties to whom we have provided links, nor to any other platforms that are governed by their own terms of use and privacy policies.

The information you share with Monit when you open a Monit Account and use the Services allows us to provide you with the best experience of products and services offered through Monit. We want you to know what information we collect, and how we collect, use, and disclose this information to third parties.

Capitalized terms used but not defined in this Privacy Policy are defined in Monit’s Terms of Use.

By using the Services, you agree to the terms and conditions of this Privacy Policy.

Updates to this Privacy Policy
We may change this Privacy Policy from time to time. The “Last Updated” legend at the top of this page indicates when this Privacy Policy was last revised. Any changes to this Privacy Policy will become effective when the revised Privacy Policy is posted on our website and Monit App. If there are any material changes in the way we treat Personal Identifiable Information, we will send you a notice to the email address listed on your Monit Account. Your use of the Services following these changes means that you accept the revised Privacy Policy.


FACTS: WHAT DOES MONIT DO WITH YOUR INFORMATION?

Why?

We believe it is important to tell you how we collect, share, and protect your information in compliance with applicable law. Please read this notice carefully to understand how we use and share information collected.

What?

The types of information we collect can include:

  1. Personal Identifiable Information is any data that we can use to identify you like your name, the name of your business, email address, phone number, etc.
  2. Business Information is any information that we can provide to sponsoring organizations to offer you personalized content and offers like data contained in, or derived from, your accounting package and general ledger.

If you received access to Monit from your bank or a sponsoring organization, Monit shares Personal Identifiable Information with that sponsor organization. Monit may share your Business Information only with your consent, and to help facilitate a transaction or complete a service that you requested. Monit will allow your organization access to aggregated, anonymous observations and dimensional criteria so that they may make offers tailored to your business needs. To provide the sponsoring institution with insights on the use of Monit, we may share non-Personal Identifiable information, aggregated information about the small businesses using Monit, and how they are using it.

How?
The charts below list the reasons we may share information about you or your business the reasons Monit chooses to share, and whether you can limit this sharing.

Reasons we can share Personal Information (your name, the name of your business, email address, and phone number, etc.) Does Monit share? Can you limit the sharing?
For our everyday business purposes – such as billing for your Monit account, or to maintain your account Yes No
For our product purposes– to offer new Monit products and services to you No N/A (We don’t share)
For servicing and facilitation with the sponsoring organization that is providing you with access to Monit Yes No
For facilitation with outside organizations to offer you products and services you may need No, unless you give us permission Yes, by not permitting when asked

For activity on the Monit app:

Reasons we can share Business Information (data contained in, or derived from, your accounting package, and your use of Monit) Does Monit share? Can you limit the sharing?
For our everyday business purposes – such as billing for your Monit account, or to maintain your account No N/A (We don't share)
For our use to train our systems to help your business improve No N/A (We don’t share)
For enabling the sponsoring organization to offer you products and services that meet the needs of your business Yes, Monit shares aggregated, anonymous observations and targeting criteria No
For servicing and facilitation with the sponsoring organization that is providing you with access to Monit No, we do not share individual information unless you give your consent Yes, by withholding consent
For facilitation with outside organizations to offer you products and services you may need No, unless you give us permission Yes, by not permitting when asked

WHO WE ARE:

Who is providing this notice?

Signal Financial Technologies LLC d/b/a Monit

WHAT WE DO:

How does Monit protect my information?

To protect your information from unauthorized access and use, we use security measures that comply with applicable law. These measures include computer safeguards and secured files and buildings. We use industry best practices to safeguard and protect your information.

How does Monit collect Identification Information?

We collect Personal Identifiable Information, for example, when you

  1. Register or open an account, or
  2. Sign in, or
  3. Give us contact information.

We automatically collect information in other ways such as through browser information, server log files, cookies, pixel tags and other technologies.

You are responsible for maintaining the accuracy of the information you provide to us. You can make changes to information you have provided us at any time by logging in to your Monit Account through our website or app and updating your account.

Why can’t sharing be limited in certain cases?

If a sponsoring organization is providing you access to Monit, they must have your business name and other identifiers for billing and customer management purposes, and you cannot limit that information. Also, if Monit might be required to disclose user information to comply with any court orders or applicable laws.

If you have questions about our Privacy Policy, please contact us by email at legal@signalft.com, or by phone at (617) 433-8131.