Promise not fulfilled: FinTech, data privacy, and the GDPR
Promise not fulfilled: FinTech, data privacy, and the GDPR
复制标题
未兑现的承诺：金融科技、数据隐私和 GDPR
DOI：
10.1007/s12525-023-00622-x
复制
发表时间：
2023
影响因子：
8.5
通讯作者：
Julia Kreppmeier
中科院分区：
文献类型：
--
作者：
G. Dorfleitner;Lars Hornuf;Julia Kreppmeier
本文分析了通用数据保护条例（GDPR）如何影响金融科技公司的隐私实践。我们分别研究了GDPR生效前和生效后276份隐私声明的内容。使用文本分析方法，我们发现隐私声明的可读性有所下降。隐私声明的文本越来越长，使用的语言也越来越标准化，导致用户的理解能力越来越差。这让人质疑GDPR是否实现了其最初的目标——在个人数据的透明处理方面保护自然人。我们还将隐私声明的内容与金融科技的特定决定因素联系起来。在GDPR生效之前，更多的外部投资者和更高的法定资本与更高的数据处理量和更高的透明度相关，但此后则不然。最后，我们记录了金融科技行业同行在数据处理和透明度方面的模仿行为。
This article analyzes how the General Data Protection Regulation (GDPR) has affected the privacy practices of FinTech firms. We study the content of 276 privacy statements respectively before and after the GDPR became binding. Using text analysis methods, we find that the readability of the privacy statements has decreased. The texts of privacy statements have become longer and use more standardized language, resulting in worse user comprehension. This calls into question whether the GDPR has achieved its original goal—the protection of natural persons regarding the transparent processing of personal data. We also link the content of the privacy statements to FinTech-specific determinants. Before the GDPR became binding, more external investors and a higher legal capital were related to a higher quantity of data processed and more transparency, but not thereafter. Finally, we document mimicking behavior among FinTech industry peers with regard to the data processed and transparency.
影响因子：
5.3
作者：
Hornuf, Lars;Schmitt, Matthias;Stenzhorn, Eliza
通讯作者：
Stenzhorn, Eliza
影响因子：
6.1
作者：
Hornuf, Lars;Schwienbacher, Armin;Schilling, Tobias
通讯作者：
Schilling, Tobias