Privacy Policy
At nuvanthoreliq, we're committed to protecting your personal information and being transparent about how we collect, use, and safeguard your data when you use our smart budgeting platform.
Last Updated: March 15, 2025Information We Collect
When you use nuvanthoreliq's budgeting platform, we collect various types of information to provide you with personalized financial insights and budgeting tools. This collection happens through different methods depending on how you interact with our services.
Personal Information
Your name, email address, phone number, and demographic information you provide during account registration and profile setup.
Financial Data
Transaction history, account balances, spending categories, and financial goals you set within our platform for budget analysis.
Usage Information
How you navigate our platform, features you use most, time spent on different sections, and interaction patterns with our tools.
How We Use Your Information
Your information serves several important purposes that directly benefit your budgeting experience. We analyze your financial patterns to provide meaningful insights and recommendations tailored to your specific situation.
- Provide personalized budgeting recommendations based on your spending habits and financial goals
- Send alerts and notifications about budget limits, unusual spending patterns, or upcoming bills
- Improve our platform's functionality through analysis of user interaction patterns
- Communicate important updates about your account, new features, or security matters
- Generate detailed financial reports and spending analysis to help you understand your money habits
- Provide customer support and respond to your inquiries about our services
Data Collection Methods
We collect information directly when you create accounts, link bank accounts, set budgets, or contact our support team. Additionally, we gather usage data automatically through cookies and analytics tools to understand how our platform performs and where we can make improvements.
Third-Party Integrations
When you connect external financial accounts, we work with secure banking APIs and financial data providers who help us retrieve your transaction information safely. These partnerships are governed by strict data protection agreements that align with Australian privacy standards.
Data Storage and Security
Your information is stored on secure servers located within Australia, using bank-level encryption and multiple security layers. We implement regular security audits, access controls, and monitoring systems to protect against unauthorized access or data breaches.
Your Privacy Rights Under Australian Law
As an Australian resident, you have specific rights regarding your personal information under the Privacy Act 1988 and Australian Privacy Principles. We respect these rights and provide clear processes for exercising them.
- Access: Request copies of personal information we hold about you, including financial data and usage records
- Correction: Ask us to correct or update inaccurate or incomplete personal information in your profile
- Deletion: Request deletion of your personal data, subject to legal and contractual obligations
- Portability: Receive your data in a structured format for transfer to another service provider
- Complaints: Lodge complaints about our privacy practices with us or the Office of the Australian Information Commissioner
Data Sharing and Disclosure
We maintain strict controls over who can access your information. Sharing only occurs in specific circumstances that directly benefit your experience or meet legal requirements.
We may share your information with trusted service providers who help us operate our platform, such as cloud hosting providers, customer support systems, and analytics services. All third parties are bound by confidentiality agreements and must maintain the same privacy standards we uphold.
In certain situations, we may disclose information when required by Australian law, court orders, or to protect the rights and safety of our users and platform. We will notify you of such disclosures unless legally prohibited from doing so.
Important Notice About Data Retention
We retain your personal information for as long as your account remains active or as needed to provide services. After account closure, we keep certain records for seven years to comply with Australian financial record-keeping requirements. You can request specific deletion timelines for different types of data by contacting our privacy team.
Cookies and Tracking Technologies
Our platform uses cookies and similar technologies to enhance your browsing experience, remember your preferences, and analyze how you use our services. These technologies help us provide personalized features and improve our platform's performance.
Essential cookies are necessary for basic platform functionality, while optional cookies help us understand user behavior and preferences. You can manage cookie settings through your browser, though disabling certain cookies may affect some platform features.
Updates to This Privacy Policy
We review and update this privacy policy regularly to reflect changes in our services, technology, or legal requirements. When significant changes occur, we'll notify you through email or prominent notices within our platform at least 30 days before implementation.
Minor updates that don't affect your rights or how we handle your data may be made without notice, though we'll always update the "Last Updated" date at the top of this policy. We encourage you to review this policy periodically to stay informed about our privacy practices.
Contact Our Privacy Team
If you have questions about this privacy policy, want to exercise your privacy rights, or need to report a privacy concern, our dedicated privacy team is here to help.