Fine against bank from germany
If a customer terminated the business relationship with the bank, his / her data was blacklisted. If you try to open an account, the data will be compared with this blacklist and if there is a match, you are not able to open the account.
This is an illegal data processing according to GDPR. The company was fined € 50,000. According to its own statements, the company has introduced this practice due to anti-money laundering requirements.
Type of Issue:
Illegal data processing
Number of involved data records:
Special category of data involved:
Violation of GDPR Paragraph:
22. Automated individual decision-making, including profiling
6. Lawfulness of processing