Italy's Garante fines Poste Italiane over BancoPosta loan privacy notice
· 21h ago · Originally reported by PPC Land
Italy's data protection authority fined Poste Italiane €48,000 over the privacy notice for BancoPosta loans. Poste and Deutsche Bank had described each other as data processors, but the Garante determined both acted as independent controllers. The decision also examined whether 'privacy fatigue' could justify a shortened notice.
Why it matters
It clarifies how financial partners must disclose data roles to consumers, and shows regulators scrutinizing the clarity of privacy notices rather than just their existence.
Explain it like I’m new here
Two banks pointed at each other saying 'they're in charge of your data,' but the regulator said no — you both are, and you have to tell customers clearly.
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